Server printed circuit boards (PCBs) are the fundamental part of servers that allow electrical interconnections between various electronic components. Server PCBs are designed as per specific form factors to support server motherboards across different types of server applications ranging from enterprise servers to cloud datacenters. With the exponential growth of data worldwide due to digitization and increasing internet penetration, there is a rising demand for cloud-based services and data storage. This in turn is augmenting the deployment of new datacenters along with the upgradation of existing infrastructure.

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 Dynamics:
Rising demand for datacenters across the globe owing to digitization is a key driver fueling the growth of the Server PCB market over the forecast period. With increasing adoption of cloud-based services, big data analytics, and IoT technologies, there is huge surge in digital data generation every day. This demands robust and scalable datacenter infrastructure for efficient data storage and processing. As a result, hyperscale cloud providers as well as enterprises are building new datacenters as well as enhancing the capacity of existing ones worldwide. For instance, according to a report by Synergy Research Group, global spending on data center construction will reach $273 billion over 2022-2026. Growing datacenter investments are positively impacting the demand for server systems and their core components including server PCBs.

Furthermore, the need for frequent server upgrades to integrate new technologies such as AI and high performance computing (HPC) is another factor augmenting the replacement sales of server PCBs. As servers need to support advanced graphic cards, processors and memory modules, server OEMs need to optimize PCB designs as well. This calls for continuous innovation and new product development in the server PCB market, thereby supporting its revenue growth over the forecast period.

SWOT Analysis

Strength: Server PCBs are used for computing intensive applications which require high speed processing. Server PCBs offer reliability, connectivity and scalability for server systems. They have standardized form factors which enable easy integration and upgrades in server systems.

Weakness: Server PCBs have complex designs which require advanced manufacturing processes making them more expensive than other PCB types. They also have short product life cycles as the server technology gets updated frequently.

Opportunity: Growth of edge computing and 5G networks is driving demand for more server capacity deployment at local data centers. This offers opportunities for server PCB manufacturers to supply for expanding server infrastructure. Adoption of AI and ML workloads also increases the need for more computing power and server capacity.

Threats: Commoditization of server components increases pricing pressure on server PCB vendors. Emergence of assembler level outsourcing by OEMs can reduce profit margins. Delays in new technology adoption cycles can impact demand for server upgrades.

Key Takeaways

The global Server PCB Market is expected to witness high growth over the forecast period driven by exponential data traffic growth. Developing digital ecosystems across industries will fuel investments in server infrastructure expansion. By 2030, the market size is projected to touch US$ 112.52 billion, exhibiting a CAGR of 6.7%  during the forecast period.

North America currently dominates the server PCB market led by strong investments in data center build outs. With over 35% market share, the US, Canada and Mexico contribute significant revenues. Asia Pacific is fastest growing region with China and India emerging as major markets. Investments to develop local data center infrastructure offers potential for server PCB manufacturers in the region.

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 new product development and partnerships with server OEMs to strengthen market presence.

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