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The Asia Pacific Flexible Printed Circuit Boards Market Size is anticipated to experience a growth of 10.4% CAGR during the forecast period (2016 - 2022).
Flexible PCBs are highly efficient interconnectivity solutions which are widely used in a range of electronic devices with complex circuitry. The flexible printed circuit boards are traces of conductive material on a flexible substrate which are used to simplify the wiring and other connections. Flexible PCBs are also use to efficiently interconnect electronic components such as integrated circuits, capacitors, and resistors.
Asia-Pacific is one of the leading region in Flexible Printed Circuit Board Market. Growing adoption of electronic applications, and the rapid developments in the consumer electronics and industrial systems would drive the market growth in the region. Flexible PCBs are highly efficient interconnectivity solutions in a wide range of electronic devices with complex circuitry. Additionally, flexible PCBs also offer numerous benefits such as higher efficiency levels and reduced system maintenance.
Multilayer FPCBs hold maximum share of the total FPCBs market, majorly due to their resilience and high efficiency. Additionally, growing demand for electronics applications and shifting consumer inclination towards compact printing to achieve superior efficiency levels are the major factors that would drive the consumer electronics, automotive, and other industry sectors. Based on the type, the Flexible Printed Circuit Boards market is segmented into Multilayer FPCB, Double Sided FPCB, Single Sided FPCB, Rigid FPCB, and Other Flexible Printed Circuit Boards.
Based on End User, the market is segmented into Consumer Electronics, Automotive, Industrial Electronics, and Others. Based on country, Flexible Printed Circuit Board market is segmented into China, Japan, India, South Korea, Singapore, Taiwan and Rest of Asia-Pacific. China remained the dominant country in the Asia-Pacific Flexible Printed Circuit Board market in 2015.
Taiwan and India would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Flexible Printed Circuit Board market. Key companies profiled in the report include Nok Corporation, Sumitomo Electric Industries, Ltd. (SEI), Nitto Denko Corporation, Zhen Ding Technology Holding Limited, Flexium Interconnect Inc., Interflex Co., Ltd., Suzhou Dongshan Precision Manufacturing Co.,Ltd, and Ichia Technologies Inc.