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Flexible Printed Circuit Board Market worth $59.47 billion by 2030, growing at a CAGR of 14.50% - Exclusive Report by 360iResearch
Flexible Printed Circuit Board Market | 360iResearch
The Global Flexible Printed Circuit Board Market to grow from USD 23.04 billion in 2023 to USD 59.47 billion by 2030, at a CAGR of 14.50%.
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The flexible printed circuit board (FPCB) market comprises developing, producing, and selling flexible circuits mounted on flexible plastic substrates, including polyimide and conductive polyester film. Technological advancements in continuous innovation in electronic components miniaturization positively influence market space. The demand for consumer electronics and the popularity of portable and smart devices has increased the market demand. The growing electronic content in vehicles and inclination towards autonomous driving has enhanced the market growth. However, high initial manufacturing costs and complex fabrication processes are limiting the market scope. The fluctuating raw material costs also impact profitability, creating market growth challenges. Moreover, the development of eco-friendly and sustainable materials is constantly creating opportunities in the market. Integrating FPCBs into next-generation IoT devices also creates potential opportunities in the market.
In the Americas region, the United States and Canada remain at the forefront of FPCB innovation and consumption. The consumer electronics and military sectors in the Americas region drive demand, with purchasers focusing on high-quality and high-performance products. The initiatives in the Americas often focus on research in improving the recyclability and reducing the environmental footprint of electronic components, with government and private sector investments supporting these endeavors. The EMEA market is sophisticated, with a demand for high-tech, environmentally friendly products. EU regulations such as Restriction of Hazardous Substances (RoHS), influence FPCB designs and materials, are pushing innovation in eco-friendly solutions. European industry stakeholders invest in research and development, as well as sustainability initiatives to drive the market growth. The rising consumer electronics industry in the APAC region has fueled product demand in the region. The rising government emphasis on domestic FPCB production is contributing to the market growth in the APAC region.
Market Segmentation & Coverage:
This research report categorizes the Flexible Printed Circuit Board Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Double-sided Flexible Circuits, Multilayer Flexible Circuits, Rigid-flex Circuits, Sculptured Flexible Circuits, and Single-sided Flexible Circuits. The Single-sided Flexible Circuits commanded largest market share of 22.41% in 2023, followed by Rigid-flex Circuits.
Based on End User, market is studied across Automotive Electronics, Consumer Electronics & Wearables, Defense & Aerospace, Healthcare, Lighting, Military, and Telecommunications. The Consumer Electronics & Wearables commanded largest market share of 41.84% in 2023, followed by Automotive Electronics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 49.64% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Flexible Printed Circuit Board Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Flexible Printed Circuit Board Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Flexible Printed Circuit Board Market, highlighting leading vendors and their innovative profiles. These include Abis Circuits Co., Ltd., AirBorn, Inc., Alper S.R.L., Amphenol Corporation, AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, BHflex Co., Ltd., ES&S Solutions GmbH, Eurocircuits GmbH, ExPlus Co., Ltd., Fralock Holdings, LLC, Fujikura Ltd., Ichia Technologies Inc., Interplex Holdings Pte. Ltd., Jinghongyi PCB (HK) Co., Limited, Mekoprint A/S, Multek Corporation, Nitto Denko Corporation, NOK Corporation, RayMing, Schweizer Electronic AG, Shenzhen Kinwong Electronic Co., Ltd., Sumitomo Electric Industries Ltd., Tech Etch, Inc., Tianjin Printronics Circuit Corp., TTM Technologies, Inc., Unimicron Technology Corporation by United Microelectronics Corporation, Würth Elektronik eiSos GmbH & Co. KG, and Zhen Ding Tech. Group Technology Holding Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Flexible Printed Circuit Board Market, by Type
7. Flexible Printed Circuit Board Market, by End User
8. Americas Flexible Printed Circuit Board Market
9. Asia-Pacific Flexible Printed Circuit Board Market
10. Europe, Middle East & Africa Flexible Printed Circuit Board Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Flexible Printed Circuit Board Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Flexible Printed Circuit Board Market?
3. What is the competitive strategic window for opportunities in the Flexible Printed Circuit Board Market?
4. What are the technology trends and regulatory frameworks in the Flexible Printed Circuit Board Market?
5. What is the market share of the leading vendors in the Flexible Printed Circuit Board Market?
6. What modes and strategic moves are considered suitable for entering the Flexible Printed Circuit Board Market?
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