Flexible Printed Circuit Board (FPCB) Global Market - Overview
The global flexible printed circuit board market is growing at the rapid pace owing to growing demand of small & flexible electronics product, growing advancement in conductive materials, growing market of disposable electronics, and growing advancement in technology such as IOT (internet of things) and wearable device market among others. According to a recent study report published by the Market Research Future, The global market of Flexible Printed Circuit Board (FPGA) is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
FPCB Market is likely to surpass a valuation of USD 27,900 Million with CAGR Of 12.6% by the year 2023.
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Key Players:
Some of the major players in Global Flexible Printed Circuit Board Market include 3M company (U.S.), BHflex co. Ltd. (South Korea), Flexible Circuit technology (U.S.), Sumitomo Electric industries (Japan), Fujikura (Japan), Daeduck GDS Co. Ltd. (South Korea), Career technology co. ltd. (Taiwan), Flexcom Ltd. (South Korea), Interflex Co. Ltd. (South Korea), Orbotech Ltd. (Israel) and Zhen ding Technologies (Taiwan) among others.
Flexible Printed Circuit Board Global Market - Segmentation
The Flexible Printed Circuit Board Market can be classified into 5 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Type: Comprises single-sided, double-sided, sculptured, multi-layer, and rigid flex.
- Segmentation by Technology: Comprises Polyamide etching, additive process, selective plating, and contoured circuits.
- Segmentation by Components: Comprises Conductors, insulators, plated vias, adhesives, and stiffener among others.
- Segmentation by Application: Comprises Consumer electronics, automotive, medical, telecommunication, and aerospace & defence among others.
- Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Flexible Printed Circuit Board Global Market - Competitive Analysis
The market of Flexible Printed Circuit Board (FPGA) appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Flexible Printed Circuit Board Global Market - Regional Analysis
The global flexible printed circuit board market is divided into four regions, namely North America, Asia Pacific Europe and the Middle East and Africa (MEA). Asia-pacific is dominating the global flexible printed circuit board market with the largest market share due to large production of electronics and presence of large market of flexible circuit board market in the region. Other aspects such as availability of raw materials, low labour cost and presence of major electronics manufacturing hub is fuelling the market growth.
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