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The Europe Printed Circuit Board Market was valued at USD 1913.1 million in 2019, and it is expected to reach USD 2020.9 million by 2025, registering a CAGR of 1.53% during the period (2020 - 2025). The printed circuit board (PCB) industry experienced rapid growth in the last few years, primarily owing to the continuous development of consumer electronics devices and increasing demand for PCBs in all electronics and electrical equipment.
The Internet of Things (IoT) is providing new opportunities to the manufacturers of consumer electronics, wearable devices, such as smartwatches that incorporate chips and flexible sensors. Breakthrough in designing these devices and manufacturing technology may have a great impact on the PCB market. The number of systems connected over the internet expanded in the region over the past decade.