Global Insulated Metal Substrate (IMS) PCB Market Size By End-User Industry, By Material Type, By Application, By Geographic Scope And Forecast
Report ID: 387149|No. of Pages: 202
Global Insulated Metal Substrate (IMS) PCB Market Size By End-User Industry, By Material Type, By Application, By Geographic Scope And Forecast
Insulated Metal Substrate (IMS) PCB Market Size And Forecast
Insulated Metal Substrate (IMS) PCB Market size was valued at USD 12.9 Billion in 2023 and is projected to reach USD 25.5 Billion by 2030, growing at a CAGR of 10.75 % during the forecast period 2024-2030.
Global Insulated Metal Substrate (IMS) PCB Market Drivers
The market drivers for the Insulated Metal Substrate (IMS) PCB Market can be influenced by various factors. These may include:
- Growing need for lightweight and compact electronic devices: IMS PCBs are perfect for lightweight and compact electronic devices including LED lighting, power supply, automotive electronics, and consumer electronics because they have better thermal management capabilities than standard PCBs.
- Growing use of high-power and high-frequency electronic devices: As the need for these devices grows across a range of industries, including telecommunications, automotive, aerospace, and industrial automation, PCBs with good electrical performance and efficient heat dissipation are needed, and IMS PCBs can meet this need.
- Growing emphasis on energy efficiency: IMS PCBs contribute to increased energy efficiency by more efficiently dissipating heat, which lessens the requirement for extra cooling systems. This is especially crucial for applications where energy economy is a major factor, including power electronics and LED lighting.
- Technological developments in automotive electronics: The automotive sector is undergoing a swift metamorphosis propelled by innovations in autonomous driving systems, sophisticated driver-assistance systems, and electric vehicles (ADAS). IMS PCBs are in high demand in the automotive industry since they are essential in these applications due to their dependable thermal management and good electrical performance.
- Growing emphasis on renewable energy: Power electronics systems that can effectively convert and control electrical energy are in demand as awareness of renewable energy sources, such as solar and wind power, grows. The heat management characteristics of IMS PCBs make them ideal for these kinds of applications, which is why the renewable energy industry has embraced them.
- Stricter regulations: In a number of businesses, regulations pertaining to environmental sustainability, safety, and dependability are getting stricter. IMS PCBs are becoming more and more popular in regulated industries because of their capacity to enhance thermal management and overall performance, which helps manufacturers comply with these standards.
- Technological developments in the manufacture of IMS PCBs: Constant improvements in materials science, manufacturing procedures, and design methodologies boost the efficiency and affordability of IMS PCBs, which in turn drives their widespread use in a variety of industries.
Global Insulated Metal Substrate (IMS) PCB Market Restraints
Several factors can act as restraints or challenges for the Insulated Metal Substrate (IMS) PCB Market. These may include:
- High Upfront Cost: IMS PCB technology implementation frequently necessitates a large upfront expenditure in terms of tools, supplies, and knowledge. For startups or businesses with limited funding, this might be a turnoff.
- Intricate Manufacturing Procedure: When compared to conventional PCBs, the manufacturing procedure for IMS PCBs may be more intricate, requiring extra procedures like heat management design, dielectric layer deposition, and metal substrate preparation. Lead times and production costs may increase as a result of this complexity.
- Limited Supplier Base: Supply chain issues and possible production delays could result from a limited supply of specialised materials and components needed for IMS PCBs. Supply chain disruption risk can also be raised by reliance on a small number of suppliers.
- Market Fragmentation: There are a number of firms offering varying technologies and solutions in the IMS PCB market, which may cause fragmentation. It may become more difficult for individual businesses to obtain a sizable market share as a result of pricing constraints and heightened rivalry brought on by this fragmentation.
- Regulatory Compliance: The production process becomes more complicated and expensive in order to comply with industry standards and laws like RoHS (Restriction of Hazardous Substances) and REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals). Penalties and reputational harm may arise from breaking these regulations.
- Threats from Substitution: The use of IMS PCBs in some applications may be threatened by the use of substitute materials or technologies, such as ceramic substrates or flexible PCBs. Businesses in the IMS PCB industry must constantly innovate to set themselves apart from the competition and maintain a technological advantage.
Global Insulated Metal Substrate (IMS) PCB Market Segmentation Analysis
The Global Insulated Metal Substrate (IMS) PCB Market is Segmented on the basis of End-User Industry, Material Type, Application, and Geography.
Insulated Metal Substrate (IMS) PCB Market, By End-User Industry
- Telecommunications: RF modules, base stations, antennas, and other telecom equipment all employ IMS PCBs to guarantee dependable performance under high-power operating circumstances.
- Industrial: Ruggedness, thermal stability, and high power handling are essential criteria in motor drives, inverters, and power converters, where IMS PCBs are used.
- Medical: Medical devices and equipment that require compact design, heat control, and dependability include imaging systems, patient monitoring devices, and diagnostic tools. These devices and equipment use IMS PCBs.
- Aerospace and Defense: IMS PCBs are used in radar systems, avionics, communication equipment, and missile guidance systems in the aerospace and defence industries. These applications require high reliability and performance in challenging situations.
Insulated Metal Substrate (IMS) PCB Market, By Material Type
- Aluminum-Based IMS PCBs: Owing to their excellent thermal conductivity qualities, affordability, and lightweight design, aluminum-based IMS PCBs are widely utilised.
- Copper-Based IMS PCBs: These PCBs are appropriate for applications needing better thermal performance since they have a higher thermal conductivity than aluminum-based IMS PCBs.
Insulated Metal Substrate (IMS) PCB Market, By Application
- Power Supplies: IMS PCBs are frequently utilised in power supply applications because of their high power handling capacities, dependability, and superior thermal management qualities.
- Lighting: In order to preserve LED performance and increase product lifespan, effective heat dissipation is essential in LED lighting applications, where IMS PCBs are extensively employed.
- Automotive: Reliability, thermal performance, and compact design are crucial components in vehicle electronics, where IMS PCBs are used in motor control units, LED headlamps, and powertrain systems.
- Consumer Electronics: To control the heat produced by high-performance components like processors and graphics chips, IMS PCBs are being used more and more in products that are intended for use by consumers, including as laptops, tablets, and smartphones.
Insulated Metal Substrate (IMS) PCB Market, By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East & Africa
Key Players
The major players in the Insulated Metal Substrate (IMS) PCB Market are:
- ITEQ Corporation
- Nippon Material
- Panasonic Corporation
- Rogers Corporation
- Shengyi Technology Co., Ltd.
- Ventec International Group (Asia)
- Henkel (Bergquist) (Europe)
- DK Thermal (Asia)
- Denka (Asia)
- Aismalibar (Europe)
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | ITEQ Corporation, Nippon Material, Panasonic Corporation, Rogers Corporation, Shengyi Technology Co., Ltd., Ventec International Group (Asia), Henkel (Bergquist) (Europe), DK Thermal (Asia), Denka (Asia), Aismalibar (Europe) |
| SEGMENTS COVERED | By End-User Industry, By Material Type, By Application, By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. Insulated Metal Substrate (IMS) PCB Market, By End-User Industry
• Telecommunications
• Industrial
• Medical
• Aerospace and Defense
5. Insulated Metal Substrate (IMS) PCB Market, By Material Type
• Aluminum-Based IMS PCBs
• Copper-Based IMS PCBs
6. Insulated Metal Substrate (IMS) PCB Market, By Application
• Power Supplies
• Lighting
• Automotive
• Consumer Electronics
• PVC Stabilizers
• Coating Additives
7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
9. Competitive Landscape
• Key Players
• Market Share Analysis
10. Company Profiles
• ITEQ Corporation
• Nippon Material
• Panasonic Corporation
• Rogers Corporation
• Shengyi Technology Co., Ltd.
• Ventec International Group (Asia)
• Henkel (Bergquist) (Europe)
• DK Thermal (Asia)
• Denka (Asia)
• Aismalibar (Europe)
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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- Raw material scenario and supply v/s price trends
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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The aims of doing primary research are:
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Industry Analysis Matrix
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