Published September 13, 2023
As per the study initiated by Evolve Business Intelligence, the global Flexible Printed Circuit Boards Market size accounted for USD 27 Billion in 2022, growing at a CAGR of 10.4% from 2023 to 2033. The flexible printed circuit boards (FPCBs) market is a segment of the electronics industry that specializes in the design, manufacture, and distribution of flexible circuit boards. FPCBs are thin, lightweight, and highly flexible, making them suitable for various applications where traditional rigid PCBs cannot be used. These flexible circuits are widely used in electronics and technology products, including smartphones, laptops, medical devices, automotive systems, and aerospace equipment.
The flexible printed circuit boards (FPCBs) market is driven by the increasing demand for miniaturization, lightweight and bendable designs, and the need for reliable and durable electronic components in a wide range of industries. As technology continues to evolve, the market for FPCBs is expected to grow, driven by innovations in design, materials, and manufacturing processes.
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- The global Flexible Printed Circuit Boards Market size was valued at USD 27 billion in 2022 growing at a CAGR of 10.4% from 2023 to 2033.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Flexible Printed Circuit Boards Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors’ market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Flexible Printed Circuit Boards Market report also includes the following data points:
- COVID19 Impact on Flexible Printed Circuit Boards Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Flexible Printed Circuit Boards Market
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Some of the major Flexible Printed Circuit Boards Market players holding high market share include Zhen Ding Technology Holding Limited, Career Technology (MFG.) Co. Ltd, Flexcom Inc., Interflex Co. Ltd., NewFlex Technology Co. Ltd., Young Poong Electronics Co. Ltd. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Career Technology (MFG.) Co. Ltd.
- Daeduck GDS Co. Ltd.
- Flexcom Inc.
- Flexium Interconnect Inc.
- Fujikura Ltd.
- Ichia Technologies Inc.
- Interflex Co. Ltd.
- Multi-Fineline Electronix Inc.
- NewFlex Technology Co. Ltd.
- Nippon Mektron Ltd.
- Nitto Denko Corporation
- SI Flex Co. Ltd.
- Sumitomo Electric Industries, Ltd.
- TTM Technologies Inc
- Young Poong Electronics Co. Ltd.
- Zhen Ding Technology Holding Limited
Market Segment By Type with focus on market share, consumption trend, and growth rate of Flexible Printed Circuit Boards Market:
- Single-Sided FPCBs
- Double-Sided FPCBs
- Multilayer FPCBs
- Rigid-Flex PCBs
Market Segment By End User with focus on market share, consumption trend, and growth rate of Flexible Printed Circuit Boards Market:
- Consumer Electronics
- Automotive Electronics
- Industrial Electronics
|Market Size (2022)||$ 27 Billion|
|CAGR (2023 to 2033)||10.4%|
|Market Segmentation||Type, End User|
|Country Covered||Career Technology (MFG.) Co. Ltd., Daeduck GDS Co. Ltd., Flexcom Inc., Flexium Interconnect Inc., Fujikura Ltd., Ichia Technologies Inc., Interflex Co. Ltd., Multi-Fineline Electronix Inc., NewFlex Technology Co. Ltd., Nippon Mektron Ltd., Nitto Denko Corporation, SI Flex Co. Ltd., Sumitomo Electric Industries, Ltd., TTM Technologies Inc, Young Poong Electronics Co. Ltd., and Zhen Ding Technology Holding Limited
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Global Flexible Printed Circuit Boards Market Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence provides an understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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