Flexible Printed Circuit Boards (FPCBs) Market Overview
Global Flexible Printed Circuit Boards (FPCBs) Market is anticipated to reach around $27 billion by 2022, growing at a CAGR of 10.4% from 2016 to 2022. Flexible PCBs are highly efficient interconnectivity solutions used for a wide range of electronic devices with complex circuitry. These PCBs are traces of conductive material on a flexible substrate and are used to avoid complex structuring of wiring and other connections. Flexible PCBs are also utilized for efficient interconnection between electronic components such as integrated circuits, capacitors, and resistors.
Advantages such as lightweight and economical nature, simple structuring, and design freedom drive the growth of the flexible PCBs market. Factors such as reliable applications, high packaging flexibility, and quality performance are further projected to favor this growth. Rise in demand and production of consumer electronic devices such as cellular phones has a significant favorable effect on the market growth.
The report provides an in-depth overview of the global FPCBs market, which includes FPCBs manufacturers, raw material suppliers, and end users. Furthermore, the study assists the stakeholders to focus on the market segments which are expected to provide highest returns in the coming years. Manufacturers also focus on innovative products and have adopted partnership and acquisition to expand their customer base and increase their market shares.
The FPCBs market is segmented on the basis of type, end user, and geography. By product type, it is divided into single-sided FPCBs, double-sided FPCBs, multilayer FPCBs, rigid-flex FPCBs, and others. By end user, it is classified into consumer electronics, automotive electronics, industrial electronics, and others. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest revenue share, owing to the increase in demand for semiconductor and portable devices.
Global FPCBs Market Segmentation
Market by End User
Comprehensive competitive analyses and profiles of major market players, including NOK Corporation (Nippon Mektron Ltd.), Sumitomo Electric Industries, Ltd. (SEI), Fujikura Ltd., Multi-Fineline Electronix, Inc., Zhen Ding Technology Holding Limited (ZDT), Nitto Denko Corp., Interflex Co., Ltd., Career Technology, FLEXium Interconnect, Inc., and ICHIA Technologies Inc., are provided. Currently, the players in the FPCBs market have adopted partnership and acquisition to expand their customer base and increase their shares.
Top Impacting Factors Of Fpcbs Market
Growth In Demand For Consumer Electronic Goods
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. FPCBs are applicable in consumer electronics such as mobile phones, LCD display, connectivity antennas, and flexible circuitry used in rechargeable batteries. With rise in demand and production of these devices, the market growth is projected to increase. FPCBs provide significant interconnectivity solutions for such electronic devices.
Cost-Effective As Compared To Pcbs
Flexible PCBs are compact in nature due to absence of complex wiring required for interconnections, thus being significantly used for high density of electrical connectivity. Use of FPCBs significantly reduces the total cost involved in providing interconnectivity solutions. Currently, FPCBs are more reliable and major replacement for traditional wirings used in devices.
The study provides an in-depth analysis of the global FPCBs market to elucidate the prominent investment pockets.
Current trends and future estimations are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold.
It presents information about key drivers, restraints, and opportunities along with their impact analyses.
The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Value chain analysis enables better understanding of the roles of intermediaries in the production processes.
FLEXIBLE PRINTED CIRCUIT BOARDS KEY MARKET SEGMENTS
By End User
Rest of Europe
Rest of Asia-Pacific