By 2025, Flexible PCB Market in Double-Sided PCBs Segment is Projected Grow Significantly

In the flexible PCB market, the demand for double-sided PCBs is projected to grow in the coming years. These boards provide the ability to access circuit traces from the top & bottom sides of the circuit, offering greater flexibility in design and functionality. In addition, they offer several benefits such as reduced wiring errors, elimination of mechanical connectors, robust operating temperature range, unparalleled design flexibility, higher circuit density, improved reliability & impedance control, and size & weight reduction, resulting in the higher adoption of a wide range of applications.

Technological advancements in the healthcare industry are encouraging companies to implement modern solutions, such as body temperature monitors, pacemakers, defibrillators & heart monitors, electrical muscle stimulation equipment, and thermometer, fueling the flexible PCB market. The internal computer circuits for medical devices require circuits that can fit in a small area while remaining resistant to damage. Moreover, a PCB failure in devices could lead to critical health risks, increasing the need for reliable and long-lasting components. With the introduction of wearable devices in the medical industry, the demand for these circuits is increasing to ensure optimal performance of critical components.

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Several automotive manufacturers are focusing on introducing advanced safety and lighting features to attract customers. For instance, AUDI AG offers advanced and camera-based lighting assistance systems for its vehicles, which reduces glare during traffic, improves visibility, and increases safety. With such technological advancements and development of connected cars, the demand for more powerful, strong, and advanced boards will increase. Moreover, the rising government vehicle standards toward vehicle safety and the rising number of road accidents are positively impacting the flexible PCB market growth.

The North American flexible PCB market is anticipated to grow at a steady rate owing to the presence of established manufacturers such as Maxim Integrated, ON Semiconductor, Cirrus Logic, Inc., Texas Instruments, Inc., and Analog Devices, Inc., among others., offering products at low cost in the region. Moreover, these companies are focusing on strategic mergers and acquisitions to expand their place in the market. For instance, in June 2017, Compunetics, Inc., announced its merger with Circuits, LLC., a flexible PCB manufacturer located in Pennsylvania, U.S., to extend its PCB design & manufacturing capabilities and expand its product offerings.

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Key players in the flexible PCB market are NOK Corporation, Multi-Fineline Electronix, Inc., Interflex Co., Xiamen Hongxin Electron-Tech Co., BHflex Co., Ltd., Fujikura Ltd, Nitto Denko Corporation, Zhen Ding Technology Holding Limited, Career Technology (MFG.) Co., Ltd., Newflex Technology Co., Ltd., Sumitomo Electric Industries, Ltd., Flexcom Inc, and MFS Technology, among others. These players adopt various strategies to compete and acquire a major share in the flexible printed circuit board (PCB) market.

Methodology Used in the Flexible PCB Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the flexible printed circuit board market
• Demographics and statistical data

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