Press release
Flexible Printed Circuit Boards Market - Global Sales, Ex-Factory Price, Revenue, Gross Margin Analysis 2027
Flexible printed circuit boards are widely used in an array of electronic devices that have complex circuitry. Besides efficient interconnectivity solutions, flexible PCBs offer another benefit viz. reduced system maintenance. Compact in size, flexible PCBs also reduce the entire costs of interconnectivity solutions. Consistently growing preference for printed circuit boards over conventional wiring systems used in various electronic devices, will continue to foster the market for flexible PCBs over the next 10 years.
Future Market Insights assesses the global market for flexible printed circuit boards for a 10-year period, 2017-2027. The report offers insightful information about the key factors impacting the market growth during the forecast period, in-depth segmentation analysis, regional outlook, and an extensive view of the competitive market landscape.
Key Market Dynamics
The demand for flexible printed circuit boards by manufacturers of smartphones, other mobile devices, LCD display, connectivity antennas, and rechargeable batteries, is currently on the rise. With exploding consumer electronics sector, soaring popularity of IoT, and growing applications in the automotive sector are identified to be the key factors that are likely to hold a positive impact on the sales of FPCBs in near future. Quality performance and high packaging flexibility of flexible PCBs will continue to make them highly preferred interconnectivity solutions in near future.
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Surging adoption of multilayer FPCBs and increasing use of rigid-flex FPCBs are likely to be among the most prominent trends in the global flexible printed circuit boards market. The demand for automated robots is evidently increasing, indicating lucrative growth opportunities to emerge for key market players over the next decade. Innovation in fabrication technology and circuit materials is expected to push the market further.
Current Market Trends
Although consumer electronics has been the primary consumer for flexible PCBs over the years, consumption by automotive electronics sector is expected to gather significant momentum during the assessment period, fuelling the sales globally. Demand from aerospace and defence industry will also remain significant during the forecast period.
Increasing demand for small, flexible electronics will be an important trend in the market. Another trend expected to hold a positive influence on market, includes growing use of flex circuits in electronic wearables. Moreover, emerging interest in polymer plastic solar cells and foldable or rollable smartphones will create a plethora of opportunities for key market players in near future. An emerging trend of disposable electronics will also support market growth over the next few years. FPCB manufacturers are likely to encounter with a number of opportunities in healthcare sector.
However, high initial costs associated with flexible PCBs will remain a longstanding roadblock to rapid mass adoption of the technology.
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Market Segmentation
By type:
Multi-layer FPCBs
Rigid-flex FPCBs
Single-sided FPCBs
Double-sided FPCBs
Others
Multi-layer flexible printed circuit boards will continue to gain high traction owing to superior resilience and high efficiency.
By end-user application:
Consumer electronics
Industrial electronics
Automotive electronics
Others
Consumer electronics and automotive electronics are currently the major revenue generating application segments in the global market for flexible PCBs.
By region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Middle East
APAC has been the leading market for FPCBs since the past decade. Being a hub for electronics manufacturing, this region will possibly remain a key region over the forecast period as well. China, India, and Japan are likely to be the key countries within the Asian market for flexible printed circuit boards.
Key Market Players
Some of the most prominent companies competing in the global flexible printed circuit boards market, include:
Sumitomo Electric Industries, Ltd. (SEI)
Zhen Ding Technology Holding Limited (ZDT)
NOK Corporation (Nippon Mektron Ltd.)
Fujikura Ltd.
Interflex Co., Ltd.
Young Poong
Career Technology
FLEXium Interconnect, Inc.
Multi-Fineline Electronix, Inc.
ICHIA Technologies Inc.
Nitto Denko Corp.
SEMCO
Ibiden
Daeduck
Tripod
Unimicron
Hannstar Board Technology
Nan Ya Printed Circuit Board
Kingboard Chemical Holdings
Multek
Future Market Insights research indicates that strategic acquisitions and partnerships are currently trending among the leading companies in the market.
Major players in the Flexible Printed Circuit Boards Market market follow the strategy of partnership or acquisition of various local players to gain a competitive edge in the market.
The report covers exhaustive analysis on:
Global Flexible Printed Circuit Boards Market market segments
Global Flexible Printed Circuit Boards Market market dynamics
Historical Actual Market Size, 2014 – 2015
Global Flexible Printed Circuit Boards Market market size & forecast 2017 to 2027
Ecosystem analysis
Global Flexible Printed Circuit Boards Market market current trends/issues/challenges
Competition & Companies involved technology
Value Chain
Global Flexible Printed Circuit Boards Market market drivers and restraints
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repositoryis diverse, spanningvirtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have adynamicbusiness perspective.
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