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Flexible Printed Circuit Board (FPCB) Market Worth Around 30.6 Billion USD by 2024 With Significant CAGR 10.8% In Worldwide Market

Press release   •   Apr 25, 2019 07:01 EDT

Flexible Printed Circuit Board (FPCB) Market is expected to increase from USD 14.9 billion in 2017 to USD 30.6 billion in 2024, at a significant CAGR of 10.8% from 2018 to 2024.

The factors driving the FPCB market are increasing demand for smart-phones and handheld devices, growing popularity of Internet of Things (IoT) and increasing scope of application of FPCB in various industries such as consumer electronics, automotive, telecommunication, healthcare, defense and aerospace industries. Increasing demand of cost effective wiring systems also fuels the global FPCB market.

The years used for the assessment are as follows:

Historical year : 2016
Base year : 2017
Forecast period : 2018 – 2024

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RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total FPCB market and it various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the FPCB market
Finalizing the overall size and share for the global FPCB market

OBJECTIVES:

To classify the global FPCB market into segments by types, application and region and analyze their growth prospects individually
To analyze market trends, opportunities, drivers and restraints associated with the FPCB
Profiling key companies operating in the global FPCB market
To study market response with respect to the mergers and acquisitions in the industry

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MARKET SCOPE

The research scope for global FPCB is as follows:

By Types

Single Sided Flex Circuits
Double Sided Flex Circuits
Multi-Layer Flex Circuits
Rigid Flex Circuits
Others (Flex Coils, Sculpted Flex Circuits, Single Layered Flexible Circuits)

By Application

Instrumentations and Medical
Telecommunications
Consumer Electronics
Defense and Aerospace
Automotive
Computer and Data Storage
Industrial Electronics
Others

By Region

North America
Europe
Asia-Pacific
Middle East and South Africa
Latin America

FREE ANALYSIS

Flexible Printed Circuit Board (FPCB) market is expected to increase from USD 14.9 billion in 2017, to USD 30.6 billion in 2024, at a significant CAGR of 10.8% from 2018 to 2024.The factors driving the FPCB market are increasing demand for smart-phones and handheld devices, growing popularity of Internet of Things (IoT) and increasing scope of application of FPCB in various industries such as consumer electronics, automotive, telecommunication, healthcare, defense and aerospace industries. Increasing demand of cost effective wiring systems also fuels the global FPCB market. By contrast, evolutionary nature of semiconductor and electronics may restrain the growth of the market.

Flexible printed circuit boards (FPCBs) are used to electrically connect and mechanically support various electronic components. FPCB are mainly used in display (LCD Panel and Touch screen), optical drives, hard disks, electronic video cameras, computing (HDD and ODD), communication and automotive industry. FPCB used for small RF/microwave antennas and high vibration environment circuits in defense and aerospace sector. FPCB are incorporated in various industries and are widely used in industrial electronics, telecommunication, automobiles, healthcare, consumer electronics, aerospace and defense. Technological advancement such as reliability of systems, miniaturization of the electronic components and energy efficiency are some factors owing to increasing demand for FPCB in various industries and sectors. Furthermore, the increasing demand of handheld devices such as smart-phones and tablets with rising disposable income and technological innovations makes FPCB more popular among mobile device manufacturer.

Segmentation of the global FPCB market on the basis of type include single sided flex circuits, double sided flex circuits, multi-layer flex circuits and rigid flex circuits. The multi-layer flex circuits segment is the largest segment in the global FPCB market in 2017. And, rigid flex circuits segment in the global FPCB market is expected to be the fastest growing segment in the global FPCB market during the forecast period. On the basis of application, the global FPCB market is segmented into telecommunication, automotive, consumer electronics, industrial electronics, defense & aerospace, instrumentation and medical. The consumer electronics segment in application area is the largest segment in the global FPCB market in 2017. In Healthcare sector, the Flexible Printed Circuit Board are used in various medical equipment and health monitoring devices such as defibrillators, pacemakers, cardiac rhythm management, neuro-stimulation, modulation devices and external hearing devices.

The Asia-Pacific region held the largest share of the global Flexible Printed Circuit Board (FPCB) Market in 2017. Increasing demand for smart-phones and hand held device, technological advancement in the field of electronics are the major driving factors for the largest share of the FPCB market in the years to come. Asia-Pacific region is expected to hold the major share of the flexible printed circuit board market during the forecast period. The factors driving the growth of the FPCB market in the Asia-Pacific region are increasing demand of smart-phones and handheld devices and rising disposable income in the region. Latin America and MEA (Middle East and Africa) are the key emerging regions in the global FPCB. market. The factors propelling the market growth in these regions are rise in adoption of FPCB in automotive application and increasing use of portable appliances and gadgets.

The key players operating in the global FPCB market are Career Technology, Felxcom Inc., NOK Corporation, Nitto Denko Corporation, Daeduck GDS, Fujikura Ltd, Interflex Co. Ltd., Sumitomo Electric Industries Ltd, Multi-Fineline Electronix Inc. and NewFlex technology Co. Ltd.

Some Points From Table of Contents

Flexible Printed Circuit Board (FPCB) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Type

1.2.2. Market Breakdown, By Application

1.2.3. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

2.2.2.1. Growing application of flexible electronics in healthcare and automobile sector creates an opportunity for electronics manufacturer

2.2.3. Trends

2.2.3.1. Multi-layer flex circuits board are used in portable electronic devices

2.2.3.2. Flexible Printed Circuit Board (FPCB) are used in consumer electronic

2.2.4. Growth Drivers

2.2.4.1. Increasing demand for smart-phone devices and hand held devices globally

2.2.4.2. Increasing scope of application of FPCB

2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

2.2.6. Restraints of the Market

2.2.6.1. Evolving nature of semiconductor and electronics may hinder the growth of the FPCB market

2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

....

CHAPTER 6. Key Players and Strategic Developments

6.1. Career Technology

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. Flexcom Inc.

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. NOK Corporation

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. Nitto Denko Corporation

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Daeduck GDS

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Fujikura Ltd.

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Interflex Co. Ltd.

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Sumitomo Electric Industries Ltd.

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. SWOT Analysis

6.8.5. Strategic Developments

6.9. Multi-Fineline Electronix Inc.

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. SWOT Analysis

6.9.5. Strategic Developments

6.10. NewFlex Technology Co. Ltd.

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. SWOT Analysis

6.10.5. Strategic Developments

6.11. Abbreviations

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