Overview:
As per the latest study conducted by Market Research Future (MRFR), the global flexible printed circuit board market is likely to surpass a valuation of USD 27,900 Mn by the year 2023. Increased investment in miniaturization of electronic devices has result in a significant uptick in demand for flexible circuit boards. These boards are the outcome of consistent effort towards enhancing circuit board systems. They are being increasingly used in electronic devices across automotive, healthcare, consumer electronics among others.
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Key Players:
Some of the major players in Global Flexible Printed Circuit Board Market Manufacturers include 3M company (U.S.), BHflex co. Ltd. (South Korea), Flexible Circuit technology (U.S.), Sumitomo Electric industries (Japan), Fujikura (Japan), Daeduck GDS Co. Ltd. (South Korea), Career technology co. ltd. (Taiwan), Flexcom Ltd. (South Korea), Interflex Co. Ltd. (South Korea), Orbotech Ltd. (Israel) and Zhen ding Technologies (Taiwan) among others.
Flexible Printed Circuit Board Global Market - Segmentation
MRFR’s report includes an exhaustive segmental analysis of the market based on application area, type and region. By application area, the market has been segmented into aerospace & defense, automotive, consumer electronics, medical devices, wearables, and others. The consumer electronics segment is likely to hold its dominant position beyond 2019. The segment is currently valued at over USD 5,300 Mn. The growth of the segment can be primarily attributed to the widespread application of flexible circuits in electronic components such as laptops, printers, television sets, smartphones, and tablets. The manufacturing segment holds the second position and is expected to witness 11.7% CAGR till 2023. By type, the market has bees segmented into single-sided flex, double-sided flex, rigid flex and multilayer flex. The multilayer flex segment currently commands more that one-third share of the market. The segment stood at a market valuation in excess of the USD 5,200 Mn in 2017 and is project to grow at above-average pace over 2023. Multi-layer flex circuits are highly advanced circuit system and find significant application opportunities in the aerospace & defense sector.
Flexible Printed Circuit Board Global Market - Regional Analysis
Key regions covered in the report include Asia Pacific, North America, Europe, the Middle East & Africa (MEA) and Latin America. During the assessment period, Asia Pacific is expected to remain the largest market for flexible printed circuit boards. The region currently commands more than 50% share of the market. In 2017, the market in the region was valued at USD 7,443.14 Mn and is projected to witness a 12.2% CAGR over the assessment period. Various APAC countries including China, Taiwan and South Korea have emerged a major contributor to the global substrate supplies. Due to various macro and microeconomic factors, many of the APAC countries have become a hot investment destination for manufacturers. China is one of largest electronics manufacturing hub of the world. This gives the region an edge in the global flexible printed circuit board market. North America is likely to retain its second spot in the global market. The market in the region is currently valued over USD 3,300 Mn and set to capture the highest CAGR during the assessment period.
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Intended Audience
- Semiconductor manufacturers
- Professional Services/Solutions Providers
- Research Organizations
- Associations, Forums, and Alliances
- Technology Integrators
- OEM Manufacturers
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Overview:As per the latest study conducted by Market Research Future (MRFR), the global flexible printed circuit board market is likely to surpass a valuation of USD 27,900 Mn by the year 2027.
They are being increasingly used in electronic devices across automotive, healthcare, consumer electronics among others.Flexible printed circuit board also known as flexible PCBs, flexible circuits and flex circuit.
They are used in circuitry and rigid printed components.
At the same time, integration of flexible-circuit laminates and thermal performance in electronic devices opening new windows of opportunities for flexible printed circuit boards.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1198Global Flexible Printed Circuit Board Market: Segmental AnalysisMRFR’s report includes an exhaustive segmental analysis of the market based on application area, type and region.
The growth of the segment can be primarily attributed to the widespread application of flexible circuits in electronic components such as laptops, printers, television sets, smartphones, and tablets.
Multi-layer flex circuits are highly advanced circuit system and find significant application opportunities in the aerospace & defense sector.Global Flexible Printed Circuit Board Market: Regional OutlookKey regions covered in the report include Asia Pacific, North America, Europe, the Middle East & Africa (MEA) and Latin America.
Flexible Printed Circuit Board to Stay Rumenarative throughout the forecast periodAdvancement in Technology have actualize urgency of Internet of Things (IoT) on a range of commodities.
Flexible Printed Circuit Board is one of the outstanding product.
From early applications during World War II to the present, growth and proliferation for flex circuits and flexible printed circuit boards continues exponentially.
A flexible circuit in its purest form is a vast array of conductors bonded to a thin dielectric film.This Market is Driven by rising insistence of Consumer Electronics and application of these board in Automotive Sector.
However the market may face Confrontation because of compelling nature of semi-conductors and electronics Industry in upcoming Decades.In 2016, the Global Market for flexible printed circuit boards stood at US$13.51 bn,If Statistics and Calculations are to be believed then this market will Garner Whooping amount of US$33.39 During the assessment period of 2017 to 2025 and a Rise of Remarkable CAGR of 11.0%.Trade for Multilayer Flex Circuits to Remain AthleticThe Categorization of Global market of Flexible Printed Circuit (Based on Product Type) is done into -sided flex circuits, double-sided flex circuits, multi-layer flex circuits, and rigid flex circuits.
In terms of revenue, the multi-layer flex circuits segment led the market in 2016 and is expected to maintain its influence over the coming decades.
Global Flexible Printed Circuit Boards Market, by Application (Medical, Automotive, Telecommunication, Consumer Electronics), by Component (Conductor, Adhesive, Insulator, Stiffener), by Type (Double-sided, Sculptured) - Forecast 2022Flexible Printed Circuit Board (FPCB) Global Market - OverviewThe global flexible printed circuit board market is growing at the rapid pace owing to growing demand of small & flexible electronics product, growing advancement in conductive materials, growing market of disposable electronics, and growing advancement in technology such as IOT (internet of things) and wearable device market among others.
The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1198The rise in demand for small, flexible electronics will be an important trend in the market.
Further, emerging interest in polymer plastic solar cells and flexible smartphones will create a plethora of opportunities for key market players in near future.
FPCB manufacturers are likely to encounter with a number of opportunities in healthcare sector.The increase in demand of consumer electronics product fuel the global FPCB market.
Maintenance of compact nature of the device along with optimum wirings for interconnectivity is the major challenge faced by the mobile market.
To overcome this barrier, majority of mobile manufacturers focus on more efficient flexible PCBs solutions.
