Procurement Market Intelligence Report
Bare Printed Circuit Boards
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Bare Printed Circuit Boards Global Overview
Definition
Summary
Bare printed circuit boards are a printed circuit board without any through-holes or electronic components added, and their main purpose is to support and connect electronic components. They are used in almost all electronic devices and products, and typical suppliers of circuit boards are manufacturers and wholesalers, while key buyers are technology product manufacturers.
This Report Includes:
- Circuit Breakers
- Electrical Cable
- Electrical Wire
Not in this Report:
- Circuit Board Services
- Circuit Board Assembly
- Product Testing and Development
Global Bare Printed Circuit Boards Procurement Trends
Discover the top international trends affecting procurement in the global Bare Printed Circuit Boards market.
Warning Trends
Increased tariffs on copper imports take effect
- On August 1, the Trump administration implemented 50.0% tariffs on imported copper. Chile and Canada will be most impacted by these tariffs, as they account for a combined 87.0% of all copper imports in the United States.
- However, these tariffs are less sweeping than initially expected, only applying to semi-finished copper products, while excluding high-purity refined copper and copper input materials, such as ore and concentrate. As leading importers, such as Chile and Canada, have both high copper mining and refining capacities, they will likely avoid most of these tariffs by either exporting the copper in its unrefined form or refining the copper before exporting it to the United States
- These copper tariff exemptions limit the impact on the electronics and electrical equipment sectors because these applications require refined copper due to its optimal conductive properties.
- Thus, the prices of metal alloys that include copper, consumer products made from copper, tools, plumbing, corrosion-resistant alloys, and construction materials made from copper are forecast to rise by an average of 39.2%, according to the Yale Budget Lab.
Tariffs to escalate prices for electronics and computing equipment
- The Trump administration’s reciprocating tariffs, which will increase the tariff on all products imported from nearly all US trade partners, are set to take effect on August 7 and are likely to drive price increases across a wide range of sectors.
- The United States is highly reliant on imported electronics, communication equipment, and computing devices, having imported more than $472 billion worth of electronics in 2024, or about half of the total domestic supply. Starting August 7, imports from key computer and electronics producers such as China (54,0%), Japan (15.0%), South Korea (15.0%), Thailand (19.0%), Vietnam (20.0%), and Taiwan (20.0%) will be subject to new tariff rates. Trade deals for many countries are still being negotiated, and these rates are subject to change.
- For this reason, the US electronics industry is highly exposed to price increases and supply chain disruptions when the tariffs take effect. For example, the cost of iPhones, which are predominantly manufactured in China, could rise by as much as 43.0% in response to tariffs, according to projections by Rosenblatt Securities.
- Overall, the Yale Budget Lab anticipates tariffs will increase the average cost of computers and electronics by 18.7% in the short term.
- The tariffs exempt semiconductors, limiting the cost increases for domestic electronics manufacturers, but the lack of domestic electronics assembly capacity means that this exemption will have a limited effect.
Global Bare Printed Circuit Boards Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 Oceania & Southeast Asia | 2,075 |
| #2 China | 1,520 |
| #3 Europe | 1,365 |
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2
Geography Drilldown - US
Average Cost of Bare Printed Circuit Boards
United States
2026 Market Pricing$0.50 to $XXX.XX
per circuit boardAverage Price
Prices in the Bare Printed Circuit Boards market range from $0.50 to $XXX.XX, depending on Layers, Quantity, Base Material and Turnaround Time. For example, lower prices are associated with 1-4 layers ($0.50 to $50.00 per circuit board), whereas higher prices are associated with 4+ layers ($20.00 to $500 per circuit board).
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Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Bare Printed Circuit Boards Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Bare Printed Circuit Boards market, prices in the US have grown 5.0% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Bare Printed Circuit Boards
Total cost of ownership is Low in the Bare Printed Circuit Boards market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs.
Negotiated Before
Transportation
Customization
Billed During
Testing
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -3.2 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Copper Rolling, Drawing, & Extruding Companies
- Laminated Plastics Manufacturers
- Wire & Cable Manufacturers
2nd
Tier Suppliers
- Copper Miners
- Plastic & Resin Manufacturers
- Aluminum Manufacturers
Biggest Bare Printed Circuit Boards Suppliers in the US by Revenue
The largest Bare Printed Circuit Boards vendors by revenue in the US are Texas Instruments Incorporated, Te Connectivity ltd. and Ttm Technologies, Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Intel Corporation | Global | SANTA CLARA | >10,000 | 5-10 | ||||
| Flex Ltd. | Global | AUSTIN | >10,000 | 5-10 | ||||
| Te Connectivity ltd. | Global | GALWAY | >10,000 | 5-10 | ||||
| Toshiba Corporation | Global | Tokyo, JP | >10,001 | < 5 | ||||
| Texas Instruments Incorporated | Global | DALLAS, TX | >10,000 | < 5 | ||||
| Celestica Inc. | Global | Toronto, CA | >10,001 | < 5 | ||||
| Sanmina Corporation | Global | SAN JOSE, CA | >10,000 | < 5 | ||||
| Plexus Corp | Global | NEENAH, WI | >10,000 | < 5 | ||||
| Benchmark Electronics Inc. | Global | TEMPE, AZ | >10,000 | < 5 | ||||
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Profit Analysis
The average profit margin across vendors in the Bare Printed Circuit Boards market is 3.8% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is rising, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
There is a low level of market share concentration in this market space, and since the market remains fragmented, low market share concentration is favorable for buyers as suppliers are likely to compete with each other to offer the lowest rates.
There is a medium level of vendor risk present in this market as buyers face favorable demand trends but high competition within the market.
Ongoing supply chain issues have caused fluctuations in the price and supply of raw materials such as copper and plastics. Supply chain risk in the market is moderate as a result.
The United States is a net importer of printed circuit assemblies, meaning it imports more than it exports. This provides buyers access to competitively priced goods; however, it also elevates supply chain risk due to the high reliance on overseas manufacturers.
Supplier Information
Flex Ltd.
Flextronics International Ltd. is engaged in the design, manufacture and marketing of packaged consumer electronics and industrial products. Its business is organized into four product categories: High Reliability Solutions (medical, automotive, defense, aviation and homeland security equipment), Consumer... Subscribe to learn more
Intel Corporation
Intel Corporation is a global integrated device manufacturer that designs, develops, manufactures, markets, and services central processing units (CPUs) and related solutions. It offers CPUs and chipsets, a system on a chip (SoC), or a multichip package based on Intel® architecture that processes data and... Subscribe to learn more
Te Connectivity ltd.
Te Connectivity ltd. is a public company operating globally in the manufacturing sector. The company's offerings include transistors, capacitors, bare printed circuit boards, flexible circuit boards, torque measuring equipment. Founded in 1941, the company is currently headquartered in CH-8200 SCHAFFHAUSEN... Subscribe to learn more
Benchmark Electronics Inc.
Benchmark Electronics Inc. is a public company operating globally in the manufacturing sector. The company's offerings include bare printed circuit boards and flexible circuit boards. Founded in 1979, the company is currently headquartered in TEMPE, Arizona, United States of America with an estimated 11873... Subscribe to learn more
Celestica Inc.
Celestica Inc. is a public company operating globally in the manufacturing sector. The company's offerings include bare printed circuit boards, flexible circuit boards and computer servers. Founded in 1994, the company is currently headquartered in Toronto, Canada with an estimated employee count of over Subscribe to learn more
Plexus Corp
Plexus Corp. is a holding company that provides integrated solutions throughout the product lifecycle. It offers labor and other services required for product design and development, supply chain, new product introduction, manufacturing, lifecycle extension services, and aftermarket and end-of-life treatment,... Subscribe to learn more
Sanmina Corporation
Sanmina Corporation is a public company operating globally in the manufacturing sector. The company's offerings include transistors, bare printed circuit boards and flexible circuit boards. Founded in 1980, the company is currently headquartered in SAN JOSE, California, United States of America with an estimated... Subscribe to learn more
Texas Instruments Incorporated
Texas Instruments Incorporated is a public company operating globally in the manufacturing sector. The company's offerings include central processing units, transistors, capacitors, bare printed circuit boards, flexible circuit boards. Founded in 1930, the company is currently headquartered in DALLAS, Texas,... Subscribe to learn more
Toshiba Corporation
Toshiba Corporation is a public company operating globally in the manufacturing, manufacturing and real estate & rental & leasing sectors. The company's offerings include extrusion machines, injection molding machines, metal grinding machines, hydraulic turbines, transistors. Founded in 1904, the company Subscribe to learn more
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Procurement Management KPIs for the Bare Printed Circuit Boards Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Defect Density and On-Time Delivery (OTD). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Delivery and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Defect Density |
|
Number of units Number of defective units |
Defect density represents the reliability and quality of manufacturing from a vendor. Defect density can be used to determine if certain types of manufacturing, assembly, or quality assurance (QA) processes need to be revised and improved in some way. |
| On-Time Delivery (OTD) |
|
Number of deliveries Number of on-time deliveries |
The on-time delivery rate should be measured by buyers, especially if they are receiving shipments on a regular bases. On-time delivery is important because if the items are not received on time, then the buyer's operations can be delayed. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Globalization
Do you have factories or facilities based overseas?
How are you competing with manufacturers that are based overseas?
Environment
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
Business Relationships
Has your company recently engaged in any merger and acquisition activity?
How has merger and acquisition activity affected the availability of certain products?
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Bare Printed Circuit Boards RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their organization(s), including the scope of their operations and the industries they work in.
Buyers should state where they are located.
Statement Of Need
Buyers should describe what the printed circuit boards will be used for.
Buyers should describe the quantity, preferred base material and other technical requirements of the printed circuit boards.
Project Budget
Buyers should state the amount of their contract, usually a range or an upper limit.
Buyers should state the payment terms (e.g. whether payment will be made upon signing the contract or within a specific time frame).
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We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
