Press release
Top Factor Driving Flexible Printed Circuit Board Market Growth in 2025: The Increasing Adoption Of EVs And Hybrids Steering The Flexible Printed Circuit Board Market
Flexible Printed Circuit Board Market Size
The rise in the use of electric vehicles is anticipated to fuel the expansion of the flexible printed circuit board market. Electric vehicles (EVs), which use one or more electric motors for propulsion, employ flexible printed circuit boards (FPCBs) to effectively link and control electronic components in constrained spaces, thus ramping up reliability and efficiency. For example, the International Energy Agency (IEA), an independent intergovernmental organization based in France, reported that in 2024, electric car sales in 2023 saw an upsurge of 3.5 million from 2022, marking a 35% growth from the previous year. Hence, the escalating usage of electric vehicles is instrumental in the growth of the flexible printed circuit board market.
Get Your Flexible Printed Circuit Board Market Report Here:
https://www.thebusinessresearchcompany.com/report/flexible-printed-circuit-board-global-market-report
How will the growth rate of the flexible printed circuit board market shape industry trends by 2034?
In recent years, there has been a swift expansion in the market size of the flexible printed circuit board. It is anticipated that the market, which was valued at $26.2 billion in 2024, will increase to $28.91 billion in 2025, with a compound annual growth rate (CAGR) of 10.3%. The historical growth can be credited to factors such as the miniaturization of electronic devices, which leads to the need for compact circuitry, increasing demand for flexible PCBS due to the surge in consumer electronics, innovative medical devices that require flexible and space-efficient circuitry, military and aerospace applications that benefit from lightweight and durable PCBS, and the demand from the sector of industrial automation for flexible PCBS.
Anticipated to experience substantial growth in the ensuing years, the flexible printed circuit board market is projected to expand to $42.92 billion by 2029, boasting a compound annual growth rate (CAGR) of 10.4%. This surging growth during the forecast timeframe is linked to the growing popularity of foldable devices propelling market growth, expanding electric vehicles (EVS) market, and the growing use of flexible PCBs among other factors. Other contributors include the demand for flexible PCBs in healthcare wearables and medical devices, the use of flexible PCBs in smart packaging solutions for electronic parts, and the growth of artificial intelligence (AI) applications across various sectors. Other trends forecasted for this period include the rising adoption of internet of things (IoT) devices, the emergence of foldable and flexible display technologies, the focus on miniaturization in electronic devices, the increase in automotive electronics integration, and improvements in materials and manufacturing technology.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13849&type=smp
How are the latest trends influencing the growth of the flexible printed circuit board market?
Major firms in the flexible printed circuit board market are striving to innovate and launch new products like ultra-slim semiconductor bases to give them a competitive edge and boost their market profits. These ultra-slim semiconductor bases provide increased flexibility, compactness, and enhanced electrical performance across various electronic devices. LG Innotek Co. Ltd., an electric component manufacturer based in South Korea, introduced, in February 2023, the 2-metal chip on film (COF). The innovative COF, which houses over 4,000 dual-sided circuits and 24-micrometer microvias, facilitates quicker signal transmission and supports higher resolution displays. Its flexible and slim form factor contributes to the development of more streamlined designs in electronic equipment.
Which primary segments of the flexible printed circuit board market are driving growth and industry transformations?
The flexible printed circuit board market covered in this report is segmented -
1) By Type: Single-Sided FPCBs, Double-Sided FPCBs, Multilayer FPCBs, Rigid-Flex FPCBs, Other Types
2) By Laminate: FR-4Polyamide, Composite Epoxy Material Grade-1, Paper, Other Laminates
3) By End User: Industrial Electronics, Aerospace And Defense, Information Technology And Telecom, Automotive, Consumer Electronics, Other End Users
Subsegments:
1) By Single-Sided FPCBs: Flexible Single-Sided Circuit Boards, Single-Sided Adhesive FPCBs
2) By Double-Sided FPCBs: Flexible Double-Sided Circuit Boards, Double-Sided Adhesive FPCBs
3) By Multilayer FPCBs: Rigid Multilayer FPCBs, Flexible Multilayer Circuit Boards
4) By Rigid-Flex FPCBs: Rigid-Flex Circuits With Embedded Components, Rigid-Flex Circuits With Conventional Components
5) By Other Types: High-Frequency FPCBs, Heat-Resistant FPCBs, Ultra-Thin FPCBs, Biodegradable FPCBs
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13849
Which geographical regions are pioneering growth in the flexible printed circuit board market?
Asia Pacific was the largest region in the flexible printed circuit board market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible printed circuit board market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the flexible printed circuit board market landscape?
Major companies operating in the flexible printed circuit board market report are 3M Company, Jabil Inc., Flex Ltd., Nitto Denko Corporation, Samsung Electro-Mechanics Co. Ltd., Zhen Ding Technology Holding Limited, Fujikura Ltd., NOK Corporation (Nippon Mektron Ltd.), Molex LLC, TTM Technologies Inc., Tripod Technology Corporation, Austria Technologies & Systemtechnik Aktiengesellschaft, FLEXium Interconnect Inc., Multi-Fineline Electronix Inc., Cicor Group, Interflex Co. Ltd., ICHIA Technologies Inc., NewFlex Technology Co. Ltd., IEC Electronics Corp., Eltek Ltd., Career Technology Mfg. Co. Ltd., Sumitomo Electric Industries Ltd., Multek Corporation, Daeduck GDS Co. Ltd., Flexcom Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13849&type=smp
What Is Covered In The Flexible Printed Circuit Board Global Market Report?
• Market Size Forecast: Examine the flexible printed circuit board market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the flexible printed circuit board market for a structured understanding.
• Key Players Overview: Analyze major players in the flexible printed circuit board market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the flexible printed circuit board market.
• Segment Contributions: Evaluate how different segments drive overall growth in the flexible printed circuit board market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the flexible printed circuit board market.
• Industry Challenges: Identify potential risks and obstacles affecting the flexible printed circuit board market.
• Competitive Landscape: Review strategic developments in the flexible printed circuit board market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Factor Driving Flexible Printed Circuit Board Market Growth in 2025: The Increasing Adoption Of EVs And Hybrids Steering The Flexible Printed Circuit Board Market here
News-ID: 3908303 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for PCBs
Innovations in the Printed Circuit Board Market: Rising Adoption of Flexible PCB …
Printed Circuit Board Market Outlook (2025-2033)
Overview:
• In 2024, the global printed circuit board (PCB) market is valued at USD 73.1 Billion. The market is forecast to reach USD 97.7 Billion by 2033, growing at a compound annual growth rate (CAGR) of 3.30% from 2025 to 2033.
• The Asia Pacific region dominates the market, holding the largest share of the global PCB industry.
• Multi-layer PCBs hold the largest market share in the type category…
Metal Clad PCBs Market Outlook and Future Projections for 2030
The metal clad pcbs market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the…
Mobile Device Substrate-Like PCBs Market 2021 | Detailed Report
According to Market Study Report, Mobile Device Substrate-Like PCBs Market provides a comprehensive analysis of the Mobile Device Substrate-Like PCBs Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures) of Mobile Device Substrate-Like PCBs Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5086980
The…
Inspect large PCBs in ergonomically correct working positions
TAGARNO is now announcing a modified digital microscope solution, promoting ergonomically correct working conditions and new possibilities to inspect large PCBs with plenty of work space beneath the camera.
By incorporating a new lens and flex arm, compatible with the TAGARNO FHD ZAP digital microscope solution, the user is now able to be positioned directly in front of the camera, in an optimal working posture due to the placement of…
ZESTRON Introduces New Defluxing Agent for Power Electronics and PCBs
ZESTRON, global provider of high precision cleaning products, services and training solutions in the electronics manufactoring and semiconductor industries, presents VIGON® PE 190A, the latest defluxing agent for Power Electrtonics and PCB's.
VIGON® PE 190A was specifically developed for cleaning Power Electronics in spray-in-air processes. Due to its alkaline formulation, it provides excellent performance when it comes to deoxidizing copper substrates. Even heavy stains and dark rims around chips can be…
New cleaning agent for Power Electronics and PCBs
ZESTRON, global provider of high precision cleaning products, services and training solutions in the electronics manufacturing and semiconductor industries presents its latest cleaning agent for Power Electronics and PCBs.
VIGON® PE 180 is a water-based, pH-neutral cleaning agent developed especially for defluxing lead frames, discrete devices, power modules, power LEDs and PCBs in spray-in-air equipment.
In these application fields, the cleaning agent has two main advantages. On the one side it shows…
