According to recent industry reports, Europe's PCB industry has seen a decades-long decline, dropping from 20–30% of global production in the 1990s to just 2% today. Yet, a core group of manufacturers continues to hold firm — with Germany remaining the dominant force in the region.In 2024, Germany accounted for 31.8% of European PCB output, valued at €572.2 million. Austria and Switzerland jointly contributed €361.5 million, or 20.0% of the total. Altogether, the DACH region (Germany, Austria, Switzerland) represented 51.8% of the continent's PCB production, totaling €933.7 million.

Other major contributors included the UK (€249.6 million, 13.8%), Italy (€221.8 million, 12.3%), and Belgium and France (€188.8 million, 10.4%). The rest — spanning Central Europe, the Iberian Peninsula, Scandinavia, the Baltics, the Netherlands, and Eastern Europe — made up the remaining 11.6%, or €210.8 million.

In total, Europe's PCB production reached approximately €1.8 billion in 2024 (excluding Russia and Belarus).

As presented by industry expert Dieter G. Weiss at Evertiq Expo Berlin on June 5, 2025, the ranking of Europe's top 30 PCB manufacturers is based on 2024 revenue. Austria's AT&S took the top spot, followed by Germany's Würth GmbH & Co KG and KSG GmbH & Co KG.

Leading Market Segments:

● Industrial electronics remained the largest end-use sector, contributing €572.7 million (31.7%).

● Defence came second at €291.8 million (16.1%), with year-over-year growth of 62%.

● Mobility followed at €280.6 million (15.5%), and

● Medical electronics accounted for €233.4 million (12.9%).

● Air & Space also showed strong growth at 15% YoY.

Top 30 PCB Manufacturers in Europe (2024):

1. AT&S AG (Austria)

2. Würth GmbH & Co. KG (Germany)

3. KSG GmbH & Co (Germany/Austria)

4. Schweizer Elektronik AG (Germany)

5. Elvia Group (France)

6. Dyconex AG* (Switzerland)

7. SoMaCis SPA (Italy)

8. GS Swiss PCB AG (Switzerland)

9. ACB NV (Belgium/France)

10. Mektec Europe (Germany)

11. Cistelaier Srl (Italy/France/Germany)

12. Unimicron (Germany)

13. Graphic plc (UK)

14. HMP Heidenhain Microprint GmbH (Germany)

15. Amphenol Invotec Ltd (UK)

16. Cimulec Groupe (France)

17. Optiprint AG (Switzerland)

18. Eurocircuits Group (Germany/Hungary)

19. Varioprint AG (Switzerland)

20. Cicor Group (Switzerland)

21. The Eurotech Group (UK)

22. Aspocomp Oy (Finland)

23. Lüberg Elektronik GmbH (Germany)

24. Rhode & Schwarz GmbH (Germany)

25. HiTech Corp. (North Macedonia)

26. Schaltungsdruck Storz (Germany)

27. Merlin PCB Group (UK)

28. LAB Circuits (Spain)

29. Garner Osborne Circuits (UK)

30. Teledyne Group (UK)

*Note: Dyconex was acquired by SoMaCis Group in September 2024 and is expected to climb to No. 2 in the 2025 rankings.