Flexible Printed Circuit Boards Market to Partake Significant Development During 2017-2027
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.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2810
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.
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.
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 and automotive electronics are currently the major revenue generating application segments in the global market for flexible PCBs.
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.
To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-2810
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.)
Interflex Co., Ltd.
FLEXium Interconnect, Inc.
Multi-Fineline Electronix, Inc.
ICHIA Technologies Inc.
Nitto Denko Corp.
Hannstar Board Technology
Nan Ya Printed Circuit Board
Kingboard Chemical Holdings
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.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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