Global Flexible Printed Circuit Board Market, By Type (Single Sided Flex Circuits, Double Sided Flex Circuits, Multi-Layer Flex Circuits, Rigid Flex Circuits, Others), End User (Instrumentation and Medical, Computer and Data Storage, Telecommunications, Defence and Aerospace, Consumer Electronics, Automotive, Industrial Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The demand for flexible printed circuit board is projected to see market growth of 11.25% in the forecast period from 2021 to 2028. The Data Bridge Market Research report on the flexible printed circuit board offers analysis and insights into the various factors expected to be prevalent during the forecast period, while providing their effect on the growth of the market.
Flexible printed circuit boards (FPCBs) are an arrangement of conductive trace patterns placed on flexible substrates, also known as flexible or flexible circuits, such as polyimide or polyether ether ketone (PEEK). Flex circuits are used where, during package or assembly, the circuit is bent once or a few times and where continuous flexing is necessary. They are extensively used in electronics owing to their excellent flexibility, light weight, and reduced thickness.
The growing demand for the consumer electronics, increasing adoption of flexible display technology, increasing demand of the miniaturization of electronic components, rising usages of the product due to their quality performance and packaging flexibility, growing number of technological advancement are some of the major as well as vital factors which will likely to augment the growth of the flexible printed circuit board market in the projected timeframe of 2021-2028. On the other hand, rising number of applications from various industries such as aerospace, automotive, defence, and others along with rising demand for compact and flexible electronic product which will further contribute by generating immense opportunities that will led to the growth of the flexible printed circuit board market in the above mentioned projected timeframe.
High cost of manufacturing along with less adoption of technology in developing economies which will likely to act as market restraints factor for the growth of the flexible printed circuit board in the above mentioned forecasted period.
This flexible printed circuit board market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on flexible printed circuit board market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Flexible Printed Circuit Board Market Scope and Market Size
Flexible printed circuit board market is segmented on the basis of type, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Flexible printed circuit board market on the basis of type has been segmented as single sided flex circuits, double sided flex circuits, multi-layer flex circuits, rigid flex circuits, and others. Multi-layer flex circuits will attain maximum share in the market.
- Flexible printed circuit board has also been segmented on the basis of end user into instrumentation and medical, computer and data storage, telecommunications, defence and aerospace, consumer electronics, automotive, industrial electronics, and others. Consumer electronics segment will grow at a maximum share in the market.
Flexible Printed Circuit Board Market Country Level Analysis
Flexible printed circuit board market is analysed and market size, volume information is provided by country, type and end user as referenced above.
The countries covered in the flexible printed circuit board market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the flexible printed circuit board market due to the surging levels of investment by various semiconductor manufacturers for the development of technology along with prevalence of various market players in the region while North America region will expect to grow in the flexible printed circuit board market during the forecast period of 2021-2028 due to the rising applications of the product in military and aerospace sector along with adoption of technology in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flexible Printed Circuit Board Market Share Analysis
Flexible printed circuit board market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flexible printed circuit board market.
The major players covered in the flexible printed circuit board market report are NIPPON MEKTRON, LTD.; Sumitomo Electric Industries, Ltd.; Fujikura Ltd.; MFLEX. a DSBJ Company; Zhen Ding Tech; NITTO DENKO CORPORATION.; Interflex co.,ltd.; Career Technologies.; Flexium Interconnect.Inc; bhflex Co. Ltd.; Flexible Circuit; DAEDUCK ELECTRONICS Co.,Ltd.; MFS Technology; youngpoong electronics co., Ltd.; IBIDEN; Unimicron Germany GmbH; Nan Ya PCB Co., Ltd.; Kingboard Holdings Limited; AT & S Austria Technology & Systems Technology; Benchmark Electronics, Inc.; Cicor Management AG; Eltek Ltd.; TTM Technologies; IEC Electronics; LG INNOTEK; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.