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The global Flexible Printed Circuit Boards Market Size is expected to attain a market size of $26 billion by 2022, rising at a CAGR of 9.6% during the forecast period.
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. Advantages such as lightweight & economical nature, simple structuring, and ease of designing have contributed to the growth of the flexible PCBs market. Additionally, factors such as reliable applications, flexible packaging, and superior performance would add to the market growth. Growing demand for consumer electronic devices such as cellular phones would father add to market growth.
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 region, Flexible Printed Circuit Board market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Taiwan and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. Asia-Pacific remained the dominant region in the global Flexible Printed Circuit Board market in 2015. North America 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.