by The Server PCB market refers to the Printed Circuit Board that is used to connect different internal components of a computer server. Server PCBs are complex circuit boards that allow servers to process large amounts of data and enable server rack hardware.
The global Server PCB Market is estimated to be valued at US$ 45.22 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends
The rising demand for server rack hardware from growing data centers is a key trend fueling the Server PCB market. Due to increasing digitization across industries and higher internet usage, there is massive growth in data and need for more data storage facilities. This has prompted increasing investments in data center infrastructure which use server racks. As each server requires Server PCBs to connect components and enable functioning, their demand rises proportionately with the growth in server racks. This rising utilization of server rack hardware from hyper scale data centers currently drives the Server PCB market and is expected to propel the market growth over the forecast period.
SWOT Analysis
Strength: Server PCBs provide compatibility with different processors and platforms which allow seamless upgradation. They offer higher processing power and compatibility with new technologies.
Weakness: Frequent changes in server architecture can make existing PCB designs obsolete quickly. High initial investment is required to develop server PCBs.
Opportunity: Growing demand for cloud services and data center infrastructure is driving the need for powerful server boards. The increasing adoption of virtualization technologies presents an opportunity for server PCB manufacturers.
Threats: Commoditization of server PCBs increases competition. Supply chain disruptions and economic slowdowns impact the demand.
Key Takeaways
The global Server PCB Market is expected to witness high growth. North America currently dominates the market due to high investments in data center infrastructure by major cloud service providers in the region. The growing adoption of virtualization, big data analytics, and increasing digitization across industries is expected to drive the demand for servers which will support the server PCB market growth.
Key players operating in the server PCB market are Silvert€TMs Adaptive Clothing & Footwear, Izzy Camilleri, NBZ Apparel International, Able2Wear, Adaptions by Adrian, Professional Fit Clothing, Adaptive Clothing Showroom, Creation Confort, Buck & Buck, PVH Corp. and Lycra Company. Server PCB manufacturers are focusing on developing boards with higher bandwidth, processing power and compatibility with diverse server architectures to deliver enhanced performance. They are also investing in R&D to integrate new technologies like machine learning accelerators at the PCB level. Partnerships with server OEMs give these players an edge in understanding evolving market needs.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
