Global Flex PCB Market: Growth Through 2026


Reading time ( words)

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled Flexible Printed Circuit Board (FPCB) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026 offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global flexible printed circuit board (FPCB) market have been elaborated upon in the research report.

With the increasing demand for smartphones, tablets, LCD screens, and other consumer electronic products, the global market for flexile printed circuit boards (FPCBs) is observing a high-paced rise. The aviation and the defense industries are also emerging as key end users of these boards, which is likely to support the growth of this market in the years to come.

The opportunity in this market is expanding at a healthy CAGR of 11.80% between 2018 and 2026, increasing from $13.51 billion in 2017 and rising to $38.27 billion by the end of 2026. The increasing awareness about the advantages of FPCBs in comparison with rigid or conventional PCBs is also projected to fuel the demand for them over the forthcoming years. 

Multilayer Flex Circuits to Report Strong Demand 

The global market for flexile printed circuit boards is broadly analyzed on the basis of the type of the board and end user. Based on the type, the market is categorized into single sided flex circuits, double sided flex circuits, rigid flex circuits, and multilayer flex circuits. Among these, the multi-layer flex circuits segment led the global market in 2017 with a share of 35.77% and is projected to remain on the top over the next few years. 

By the application, the market is classified into the instrumentation and medical, computer and data storage, telecommunication, defense and aerospace, consumer electronics, automotive, and the industrial electronics sectors. The demand for FPCBs is comparatively higher in the consumer electronics industry and is expected to remain so in the near future.

Asia Pacific to Remain Dominant 

The worldwide market for flexible printed circuit boards is also studied on the basis of the geography. North America (U.S, Canada, and Mexico), South America (Brazil and the Rest of South America), Europe (The U.K., Italy, France, Germany, and the Rest of Europe), Asia Pacific (Japan, China, India, South Korea, and the Rest of Asia Pacific), and the Middle East and Africa (the UAE, South Africa, and the Rest of Middle East and Africa) have surfaced as the key regional segments in this market.

In 2017, Asia Pacific dominated the global market with a share of more than 56%. Researchers project this regional market to continue on the top in the years to come, thanks to the high-paced growth, fueled by the increasing demand for electronic products and the presence of a number of flexible printed circuit board manufacturers in this region.

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Share


Suggested Items

PCB Design, Fabrication and Use from the Mil-Aero End-User Perspective

08/28/2018 | Pete Starkey, I-Connect007
The procedures described for Rolls Royce were directly comparable with those described for MBDA, and the presenters were unanimous in re-emphasising the importance of working closely with their chosen PCB fabricators at all levels and all stages of design, qualification and production of their circuit boards.

Calumet Electronics on IMPACT 2018

08/14/2018 | Patty Goldman, I-Connect007
This year at IMPACT Washington, DC, I-Connect007's Patty Goldman sat down with Steve Vairo and Mike Kadlec of Calumet Electronics, to get their overview on the event.

Catching up with LiloTree’s Dr. Kunal Shah

08/02/2018 | Dan Beaulieu
Every so often, a new product comes around that promises to be a game changer and LiloTree has one of those products. Not only is it cyanide-free, it has the potential to save 40% on your entire ENIG process and is proving to be far more stable than traditional ENIG products.



Copyright © 2018 I-Connect007. All rights reserved.