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Home » Our Report Repository » Flexible Printed Circuit Board Market Analysis and Global Forecast (2023-2033) with COVID Impact Analysis
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Flexible Printed Circuit Board Market Analysis and Global Forecast (2023-2033) with COVID Impact Analysis

$ 3,475.00

Flexible Printed Circuit Board Market Research Report: Information By Type (Single-Sided FPCBs, Double-Sided FPCBs, Multilayer FPCBs, Rigid-Flex FPCBs, and Others), By End-user (Consumer Electronics, Automotive Electronics, Industrial Electronics, and Others), and By Region — Forecast till 2033

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Description

Flexible Printed Circuit Board Market Overview

The global Flexible Printed Circuit Board Market Size is expected to reach USD 60.2 Bilion by 2033. The global Flexible Printed Circuit Board industry size accounted for USD 29.2 Bilion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 11.60% from 2023 to 2033. Flexible Printed Circuit Boards (FPCBs) are an integral part of modern electronic devices, revolutionizing the way circuits are designed and manufactured. FPCBs are highly flexible and can be bent, twisted, or folded to fit into compact spaces, making them ideal for applications where traditional rigid circuit boards are impractical. These boards consist of a thin, flexible substrate made of polyimide or similar materials, with conductive traces printed or etched onto the surface. FPCBs find extensive use in various industries such as consumer electronics, automotive electronics, and industrial electronics.

Global Flexible Printed Circuit Board Market Synopsis

Global Flexible Printed Circuit Board Market SynopsisCOVID-19 Impact Analysis

The COVID-19 pandemic has had a significant impact on the global economy, including the Flexible Printed Circuit Board market. With lockdowns and restrictions on manufacturing and supply chain disruptions, the market witnessed a decline in demand during the initial phase of the pandemic. However, as the world adapts to the new normal, the market is gradually recovering and is expected to witness a steady growth rate in the post-COVID scenario. The increased reliance on remote working and the surge in demand for electronic devices have acted as catalysts for the market’s recovery.

Flexible Printed Circuit Board Market Dynamics

The major factors that have impacted the growth of Flexible Printed Circuit Board are as follows:

Drivers:

Growing Demand for Flexible and Wearable Electronics

One of the key driving factors for the Flexible Printed Circuit Board market is the growing demand for flexible and wearable electronics. The rise of smart devices, such as smartwatches, fitness trackers, and flexible displays, has fueled the need for flexible circuit boards. These devices require lightweight and bendable components that can conform to the shape of the product. FPCBs enable the seamless integration of electronics into curved surfaces, enhancing the overall design aesthetics and functionality of wearable devices.

Restraint:

  • High Initial Investment and Complex Manufacturing Process

While the Flexible Printed Circuit Board market holds immense potential, it faces certain restraining factors. One such factor is the high initial investment and complex manufacturing process involved in producing FPCBs. The specialized equipment and materials required for manufacturing flexible circuit boards increase the overall production cost. Moreover, the intricate nature of the manufacturing process requires skilled labor and expertise, further adding to the expenses. These factors pose a challenge for new entrants and small-scale manufacturers, hindering the market’s growth to some extent.

Opportunity:

Advancements in Internet of Things (IoT) Technology

An opportunity factor that presents itself for the Flexible Printed Circuit Board market is the advancements in Internet of Things (IoT) technology. The proliferation of IoT devices in various sectors, including healthcare, automotive, and industrial automation, opens up new avenues for FPCBs. These devices rely on seamless connectivity and miniaturized components, which can be achieved through the utilization of flexible circuit boards. The increasing adoption of IoT technology and the demand for smart, interconnected devices create a significant growth opportunity for the market.

Flexible Printed Circuit Board Segment Overview

By Type

Based on the Type, the market is segmented based on Single-Sided FPCBs, Double-Sided FPCBs, Multilayer FPCBs, Rigid-Flex FPCBs, and Others. the Multilayer FPCBs hold the largest share in the market. Multilayer FPCBs offer enhanced functionality and high-density interconnections, making them suitable for complex electronic applications. The ability to integrate multiple circuit layers within a single board makes multilayer FPCBs the preferred choice for advanced electronic devices.

By End-user

Flexible Printed Circuit Board market end user analysisBased on End-user, the market has been divided into Consumer Electronics, Automotive Electronics, Industrial Electronicsand Others. the Consumer Electronics segment holds the largest share. The increasing demand for smartphones, tablets, wearable devices, and home appliances drive the growth of FPCBs in the consumer electronics.

Global Flexible Printed Circuit Board Market Regional Analysis

Based on region, the global Flexible Printed Circuit Boardmarket has been divided into North America, Europe, Asia-Pacific, South America and Middle East & Africa. Asia pacific is projected to dominate the use of the market followed by the Europe and North America.

Global Flexible Printed Circuit Board Market Regional AnalysisAsia Pacific Market

Asia-Pacific is a dominant region in the Flexible Printed Circuit Board market. The presence of major manufacturing hubs, such as China, Japan, South Korea, and Taiwan, contributes to the region’s market dominance. These countries are renowned for their expertise in electronics manufacturing and are home to several prominent FPCB manufacturers. The rapid growth of consumer electronics and automotive industries in the region further fuels the demand for FPCBs. Additionally, favorable government initiatives, such as subsidies and tax benefits, promote the growth of the electronics industry, thereby driving the market for FPCBs in Asia-Pacific.

North America Market

North America is another significant region in the Flexible Printed Circuit Board market. The region’s robust research and development activities, coupled with technological advancements, propel the adoption of FPCBs in various industries. The presence of major technology giants and a thriving start-up ecosystem contribute to the demand for FPCBs in North America. The region witnesses high demand for flexible circuit boards in the automotive sector, particularly for applications related to electric vehicles (EVs) and autonomous driving systems. Moreover, the increasing deployment of IoT devices and smart home solutions creates opportunities for the market’s growth in North America.

Competitive Landscape

The global Flexible Printed Circuit Board market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

  • Nippon Mektron Ltd.
  • Fujikura Ltd.
  • Sumitomo Electric Industries, Ltd.
  • Nitto Denko Corporation
  • Zhen Ding Technology Holding Limited
  • Career Technology (MFG.) Co. Ltd.
  • Flexcom Inc.
  • Interflex Co. Ltd.
  • NewFlex Technology Co. Ltd.
  • Young Poong Electronics Co. Ltd.

Key Development:

April 2023: Fujikura Ltd., announced a significant development. The company introduced a new generation of flexible circuit boards that utilize advanced materials and manufacturing techniques. These FPCBs offer improved flexibility, durability, and electrical performance, making them ideal for demanding applications in the automotive and aerospace industries. Fujikura’s latest product launch demonstrates its commitment to technological innovation and addressing evolving market needs.

Scope of the Report

Global Flexible Printed Circuit Board Market, by Type

  • Single-Sided FPCBs
  • Double-Sided FPCBs
  • Multilayer FPCBs
  • Rigid-Flex FPCBs
  • Others

Global Flexible Printed Circuit Board Market, by End-user

  • Consumer Electronics
  • Automotive Electronics
  • Automotive Electronics
  • Industrial Electronics
  • Others

Global Flexible Printed Circuit Board Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of SouthAmerica
  • Middle East &Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • SouthAfrica
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $29.2 Bilion
CAGR 11.60% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Product, End Use
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors Nippon Mektron Ltd., Fujikura Ltd., Sumitomo Electric Industries, Ltd., Nitto Denko Corporation, Zhen Ding Technology Holding Limited, Career Technology (MFG.) Co. Ltd., Flexcom Inc., Interflex Co. Ltd., NewFlex Technology Co. Ltd., and Young Poong Electronics Co. Ltd
Key Market Opportunities Advancements in Internet of Things (IoT) Technology
Key Market Drivers Growing Demand for Flexible and Wearable Electronics

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Flexible Printed Circuit Board market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Flexible Printed Circuit Board market historical market size for the year 2021, and forecast from 2023 to 2033
  • Flexible Printed Circuit Board market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, Automotive Electronics strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global Flexible Printed Circuit Board market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Automotive Electronics health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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1. What is the study period of this market?

  • The study period of the global Flexible Printed Circuit Board market is 2021- 2033

2. What is the growth rate of the global Flexible Printed Circuit Board market?

  • The global Flexible Printed Circuit Board market is growing at a CAGR of 11.60% over the next 10 years

3. Which region has the highest growth rate in the market of Flexible Printed Circuit Board?

  • North America is expected to register the highest CAGR during 2023-2033

4. Which region has the largest share of the global Flexible Printed Circuit Board market?

  • Asia Pacific holds the largest share in 2022

5. Who are the key players in the global Flexible Printed Circuit Board market?

  1. Nippon Mektron Ltd., Fujikura Ltd., Sumitomo Electric Industries, Ltd., Nitto Denko Corporation, Zhen Ding Technology Holding Limited, Career Technology (MFG.) Co. Ltd., Flexcom Inc., Interflex Co. Ltd., NewFlex Technology Co. Ltd., and Young Poong Electronics Co. Ltd the major companies operating in the market

6. Do you offer Post Sale Support?

  • Yes, we offer 16 hours of analyst support to solve the queries

7. Do you sell particular sections of a report?

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives.

Table of Content

Table of Content

Chapter 1.   Executive Summary

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

                               2.2.2.   Limitations

                     2.3.   Market Structure

Chapter 3.   Evolve BI Methodology

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                               4.1.1.   Raw End Users Providers

                               4.1.2.   Manufacturing Process

                               4.1.3.   Distributors/Retailers

                               4.1.4.   End-Use Industry

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact Of COVID-19 on the Flexible Printed Circuit Board Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End-Use Industry Trend, Preferences, and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players' Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

                     4.4.   Technology Overview

                     4.5.   Macro factor

                     4.6.   Micro Factor

                        4.7.Demand Supply Gap Analysis of the Flexible Printed Circuit Board Market

                        4.8.Import Analysis of the Flexible Printed Circuit Board Market

                        4.9.Export Analysis of the Flexible Printed Circuit Board Market

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DROC Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

                               5.2.4.   Challenges

                     5.3.   Patent Analysis

                     5.4.   Industry Roadmap

                     5.5.   Parent/Peer Market Analysis

Chapter 6.   Global Flexible Printed Circuit Board Market, By Type

                     6.1.   Introduction

                     6.2.   Single-Sided FPCBs

                     6.3.   Double-Sided FPCBs

                     6.4.   Prescriptive Analysis

Chapter 7.   Global Flexible Printed Circuit Board Market, By End-user

                     7.1.   Introduction

                     7.2.   Consumer Electronics

                     7.3.   Automotive Electronics

Chapter 8.   Global Flexible Printed Circuit Board Market, By Region

8.1.   Introduction

8.2.   North America

8.2.1.   Introduction

8.2.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.2.3.   Market Size and Forecast, By Country, 2023-2033

8.2.4.   Market Size and Forecast, By Type, 2023-2033

8.2.5.   Market Size and Forecast, By End-user, 2023-2033

8.2.6.   US

8.2.6.1.   Introduction

8.2.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.2.6.3.   Market Size and Forecast, By Type, 2023-2033

8.2.6.4.   Market Size and Forecast, By End-user, 2023-2033

8.2.7.   Canada

8.2.7.1.   Introduction

8.2.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.2.7.4.   Market Size and Forecast, By Type, 2023-2033

8.2.7.5.   Market Size and Forecast, By End-user, 2023-2033

8.3.   Europe

8.3.1.   Introduction

8.3.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.3.   Market Size and Forecast, By Country, 2023-2033

8.3.4.   Market Size and Forecast, By Type, 2023-2033

8.3.5.   Market Size and Forecast, By End-user, 2023-2033

8.3.6.   Germany

8.3.6.1.   Introduction

8.3.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.6.3.   Market Size and Forecast, By Type, 2023-2033

8.3.6.4.   Market Size and Forecast, By End-user, 2023-2033

8.3.7.   France

8.3.7.1.   Introduction

8.3.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.7.3.   Market Size and Forecast, By Type, 2023-2033

8.3.7.4.   Market Size and Forecast, By End-user, 2023-2033

8.3.8.   UK

8.3.8.1.   Introduction

8.3.8.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.8.3.   Market Size and Forecast, By Type, 2023-2033

8.3.8.4.   Market Size and Forecast, By End-user, 2023-2033

8.3.9.   Italy

8.3.9.1.   Introduction

8.3.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.9.3.   Market Size and Forecast, By Type, 2023-2033

8.3.9.4.   Market Size and Forecast, By End-user, 2023-2033

8.3.11.   Rest Of Europe

8.3.11.1.   Introduction

8.3.11.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.3.11.3.   Market Size and Forecast, By Type, 2023-2033

8.3.11.4.   Market Size and Forecast, By End-user, 2023-2033

8.4.   Asia-Pacific

8.4.1.   Introduction

8.4.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.3.   Market Size and Forecast, By Country, 2023-2033

8.4.4.   Market Size and Forecast, By Type, 2023-2033

8.4.5.   Market Size and Forecast, By End-user, 2023-2033

8.4.6.   China

8.4.6.1.   Introduction

8.4.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.6.3.   Market Size and Forecast, By Type, 2023-2033

8.4.6.4.   Market Size and Forecast, By End-user, 2023-2033

8.4.7.   India

8.4.7.1.   Introduction

8.4.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.7.3.   Market Size and Forecast, By Type, 2023-2033

8.4.7.4.   Market Size and Forecast, By End-user, 2023-2033

8.4.8.   Japan

8.4.8.1.   Introduction

8.4.8.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.8.3.   Market Size and Forecast, By Type, 2023-2033

8.4.8.4.   Market Size and Forecast, By End-user, 2023-2033

8.4.9.   South Korea

8.4.9.1.   Introduction

8.4.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.9.3.   Market Size and Forecast, By Type, 2023-2033

8.4.9.4.   Market Size and Forecast, By End-user, 2023-2033

8.4.10.   Rest Of Asia-Pacific

8.4.10.1.   Introduction

8.4.10.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.4.10.3.   Market Size and Forecast, By Type, 2023-2033

8.4.10.4.   Market Size and Forecast, By End-user, 2023-2033

8.5.   Rest Of The World (RoW)

8.5.1.   Introduction

8.5.2.   Driving Factors, Opportunity Analyzed, and Key Trends

8.5.3.   Market Size and Forecast, By Type, 2023-2033

8.5.4.   Market Size and Forecast, By End-user, 2023-2033

Chapter 9.   Company Landscape

9.1.   Introduction

9.2.   Vendor Share Analysis

9.3.   Key Development Analysis

9.4.   Competitor Dashboard

Chapter 10.   Company Profiles

10.1.   Nippon Mektron Ltd..

10.1.1.   Business Overview

10.1.2.   Automotive Electronics Analysis

10.1.2.1.   Automotive Electronics – Existing/Funding

10.1.3.   Product Portfolio

10.1.4.   Recent Development and Strategies Adopted

10.1.5.   SWOT Analysis

10.2.   Fujikura Ltd.

10.2.1.   Business Overview

10.2.2.   Automotive Electronics Analysis

10.2.2.1.   Automotive Electronics – Existing/Funding

10.2.3.   Product Portfolio

10.2.4.   Recent Development and Strategies Adopted

10.2.5.   SWOT Analysis

10.3.   Sumitomo Electric Industries, Ltd..

10.3.1.   Business Overview

10.3.2.   Automotive Electronics Analysis

10.3.2.1.   Automotive Electronics – Existing/Funding

10.3.3.   Product Portfolio

10.3.4.   Recent Development and Strategies Adopted

10.3.5.   SWOT Analysis

10.4.   Nitto Denko Corporation

10.4.1.   Business Overview

10.4.2.   Automotive Electronics Analysis

10.4.2.1.   Automotive Electronics – Existing/Funding

10.4.3.   Product Portfolio

10.4.4.   Recent Development and Strategies Adopted

10.4.5.   SWOT Analysis

10.5.   Zhen Ding Technology Holding Limited

10.5.1.   Business Overview

10.5.2.   Automotive Electronics Analysis

10.5.2.1.   Automotive Electronics – Existing/Funding

10.5.3.   Product Portfolio

10.5.4.   Recent Development and Strategies Adopted

10.5.5.   SWOT Analysis

10.6.   Career Technology (MFG.) Co. Ltd.

10.6.1.   Business Overview

10.6.2.   Automotive Electronics Analysis

10.6.2.1.   Automotive Electronics – Existing/Funding

10.6.3.   Product Portfolio

10.6.4.   Recent Development and Strategies Adopted

10.6.5.   SWOT Analysis

10.7.   Flexcom Inc.

10.7.1.   Business Overview

10.7.2.   Automotive Electronics Analysis

10.7.2.1.   Automotive Electronics – Existing/Funding

10.7.3.   Product Portfolio

10.7.4.   Recent Development and Strategies Adopted

10.7.5.   SWOT Analysis

10.8.     Interflex Co. Ltd.

10.8.1.   Business Overview

10.8.2.   Automotive Electronics Analysis

10.8.2.1.   Automotive Electronics – Existing/Funding

10.8.3.   Product Portfolio

10.8.4.   Recent Development and Strategies Adopted

10.8.5.   SWOT Analysis

10.9.   NewFlex Technology Co. Ltd.

10.9.1.   Business Overview

10.9.2.   Automotive Electronics Analysis

10.9.2.1.   Automotive Electronics – Existing/Funding

10.9.3.   Product Portfolio

10.9.4.   Recent Development and Strategies Adopted

10.9.5.   SWOT Analysis

10.10.   Young Poong Electronics Co. Ltd

10.10.1.   Business Overview

10.10.2.   Automotive Electronics Analysis

10.10.2.1.   Automotive Electronics – Existing/Funding

10.10.3.   Product Portfolio

10.10.4.   Recent Development and Strategies Adopted

10.10.5.   SWOT Analysis

Connect to Analyst

Connect to Analyst

Research Methodology

Research Methodology

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