After shrinking by nearly 16% in 2023, the global PCB market is set to rebound to 6.3% growth in 2024, according to the Taiwan Industrial Technology Research Institute (ITRI). PCB lead times remain consistent, typically at 5 to 8 weeks, with some suppliers quoting an additional one to two weeks due to longer raw material lead times. China-based PCB suppliers are operating at nearly 75% production capacity, up from Q2. Lead times for copper-cladded laminate (CCL) have expanded, with standard FR-4 materials experiencing a two-week increase and special materials like high-speed and high-frequency at four weeks. Overall, the Commodity IQ At-Volume Lead Trend shows almost all Q3 contract lead times remain at 12 weeks or less.