Spain Printed Circuit Board Market Overview, 2030

The printed circuit board (PCB) market in Spain is poised for steady growth, driven by increasing industrial digitization, technological advancements, and the expanding demand for electronic components across multiple industries. As a key European player, Spain has been investing in semiconductor and electronics manufacturing, further strengthening the PCB industry. The rising adoption of automation and IoT-driven technologies in industrial processes is enhancing the need for advanced PCB designs, especially in sectors like automotive, aerospace, and consumer electronics. With Spain being a major hub for automotive manufacturing, the demand for high-performance PCBs is escalating, particularly for electric vehicles (EVs) and autonomous driving applications. The country's well-developed infrastructure, supported by government incentives for digital transformation, is encouraging PCB manufacturers to innovate and optimize their production capabilities. Additionally, Spain’s increasing participation in the European semiconductor ecosystem is fostering collaborations and partnerships with global PCB suppliers, further fueling market expansion. However, supply chain challenges, dependency on imports for raw materials, and competition from low-cost manufacturing hubs pose constraints to growth. Nonetheless, the shift towards sustainable and energy-efficient electronic products is driving PCB manufacturers to develop eco-friendly and high-reliability boards, aligning with Spain’s commitment to environmental regulations. As consumer electronics continue to witness strong demand and industrial automation gains traction, the PCB market in Spain is expected to witness sustained momentum over the coming years.

According to the research report " Spain printed circuit board Market Overview, 2030," published by Bonafide Research, the Spain printed circuit board market is expected to reach a market size of more than USD 1.21 Billion by 2030. Spanish PCB market is experiencing dynamic shifts, influenced by the integration of advanced technologies and increasing investments in R&D. One of the most significant trends is the rising adoption of high-density interconnect (HDI) PCBs, which offer superior performance in compact electronic devices. The miniaturization of components in consumer electronics and medical devices is propelling the demand for HDI and multilayered PCBs, enabling efficient circuit integration within limited spaces. The growing penetration of electric vehicles (EVs) in Spain is another major trend, necessitating the development of high-performance PCBs that can withstand harsh operating conditions. Additionally, Industry 4.0 initiatives are pushing manufacturers toward smart PCBs, embedded with sensors and real-time monitoring capabilities, enhancing operational efficiency across industrial applications. Sustainability is also emerging as a key focus, with Spanish PCB manufacturers increasingly investing in lead-free and halogen-free materials to comply with environmental regulations. Furthermore, local PCB production is being supported by European Union initiatives aimed at reducing dependency on Asian imports, encouraging Spanish firms to expand their manufacturing capacities. The shift toward flexible and rigid-flex PCBs is also noticeable, particularly in medical devices and wearables, where adaptability and space optimization are crucial. Aerospace and defense sectors in Spain are embracing advanced PCB technologies to meet the stringent performance and reliability standards required for avionics and military-grade applications. The increasing demand for customized PCB designs, tailored to specific industrial needs, is another evolving trend, pushing manufacturers to invest in high-precision fabrication and testing technologies.

The Spanish PCB market is categorized based on type, with single-sided, double-sided, multilayered, high-density interconnect (HDI), and other specialized PCB types playing distinct roles in the industry. Single-sided PCBs, being cost-effective and simple in design, remain widely used in applications that require basic circuit functionality, such as low-cost consumer electronics and household appliances. Double-sided PCBs, offering greater design flexibility and enhanced connectivity, are gaining traction in industrial automation and automotive electronics, where higher performance and reliability are essential. The demand for multilayered PCBs is rapidly increasing, driven by the need for compact, high-performance electronic devices in the healthcare, aerospace, and telecommunications sectors. These PCBs provide improved signal integrity and high-density circuit integration, making them indispensable in applications requiring complex electronic architectures. High-density interconnect (HDI) PCBs are witnessing significant growth, particularly in advanced computing, telecommunications, and mobile devices, where high-speed signal transmission and miniaturization are key considerations. The increasing adoption of smartphones, wearables, and high-performance computing systems in Spain is fueling the need for HDI PCBs, which enable more efficient space utilization and enhanced electrical performance. Apart from these mainstream categories, specialized PCBs, including flexible, rigid-flex, and ceramic-based boards, are gaining prominence in niche applications such as medical implants, defense systems, and high-frequency RF devices. As industries continue to demand more sophisticated circuit board solutions, the PCB market in Spain is witnessing a shift towards high-reliability, miniaturized, and eco-friendly PCB designs that align with evolving technological and regulatory requirements.

The Spanish PCB market serves a diverse range of end-user industries, each with unique requirements and technological demands. The industrial electronics sector remains a dominant consumer, driven by the increasing adoption of automation, robotics, and smart manufacturing solutions. With Spain’s strong manufacturing base, PCBs are essential for powering control systems, sensors, and industrial computing devices. The healthcare industry is another significant segment, where medical electronics, diagnostic equipment, and wearable health monitoring devices are driving demand for high-precision PCBs with excellent reliability and biocompatibility. The aerospace and defense sector in Spain relies on advanced PCB technologies for avionics, radar systems, communication devices, and military-grade equipment that must meet rigorous durability and performance standards. In the automotive industry, the transition to electric and autonomous vehicles is a key factor propelling PCB demand, as modern vehicles require sophisticated electronic control units, battery management systems, and in-vehicle infotainment systems that rely on high-performance circuit boards. The consumer electronics market continues to be a major growth driver, fueled by increasing demand for smartphones, laptops, smart home devices, and gaming consoles, where PCBs enable high-speed connectivity, miniaturization, and energy efficiency. Other end-user industries, including telecommunications and renewable energy, are also contributing to market growth, with increasing investments in 5G infrastructure and smart grid solutions requiring specialized PCBs for signal transmission and energy management applications. As technological advancements continue to reshape industry landscapes, the demand for customized, high-reliability, and miniaturized PCBs is on the rise, positioning Spain’s PCB market for sustained expansion across multiple sectors.

The PCB market in Spain is segmented by substrate type into rigid, flexible, and rigid-flex PCBs, each catering to different industrial applications. Rigid PCBs, being the most commonly used type, are widely employed across various industries, including consumer electronics, automotive, and industrial automation, where durability and high mechanical stability are required. These boards provide excellent structural integrity, making them suitable for applications that demand long-term reliability and heat resistance. The growing demand for compact and lightweight electronic devices is driving the adoption of flexible PCBs, which offer significant advantages in terms of space optimization and design versatility. Flexible PCBs are extensively utilized in medical devices, wearables, and portable electronic products, where adaptability and reduced weight are critical factors. The healthcare industry, in particular, is benefiting from advancements in flexible PCB technology, enabling the development of miniaturized diagnostic tools and patient monitoring systems. Rigid-flex PCBs, which combine the benefits of both rigid and flexible substrates, are gaining traction in high-performance applications such as aerospace, military electronics, and next-generation automotive systems. These hybrid PCBs provide enhanced durability, reliability, and resistance to mechanical stress, making them ideal for use in environments with high vibration and extreme operating conditions. With Spain’s increasing focus on technological innovation and industrial automation, the demand for specialized PCB substrates is expected to grow, as manufacturers seek to optimize circuit performance, reduce material wastage, and enhance product efficiency. The ongoing shift toward high-density, multi-layered, and environmentally sustainable PCB solutions is further shaping substrate choices, ensuring that Spain’s PCB industry remains competitive and aligned with global advancements in electronic manufacturing.



Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Printed Circuit Board Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Single Sided
• Double Sided
• Multi-layered
• High Density Interconnect (HDI)
• Others

By End-user Industry
• Industrial Electronics
• Healthcare
• Aerospace and Defense
• Automotive
• Consumer Electronics
• Other End-user Industries

By Substrate
• Rigid
• Flexible
• Rigid-flex
?
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agriculture industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.