Global Flexible PCB (Printed Circuit Board) Market Outlook: market Segmentation By Product Type, By End Users & by Region with Forecast 2017-2030

Global Flexible Printed Circuit Board (PCB) Market Overview

Flexible PCB or circuits were introduced to overcome the usage of wire connectivity to compact the size of electronic circuit. Flexible PCB is a technology which integrates the electronic circuits on flexible substrates. Flexible PCB reduces the cost of electric interconnection by 65% and the wire connectivity by 70%. With the rising penetration of internet, advanced consumer electronics and emergence of IOT has significantly boosted the flexible PCB market and have been growing rapidly since last decade. Huge investments over research and development of PCB technology contributed to the new innovations in the electronic industry and constantly improving the people's modern life. For instance, Cicor, a leading high-tech industrial group based in Switzerland has launched a new technology named DenciTec. DenciTec offers high density of integrated functions for printed circuit boards, with high potential for further miniaturization of PCBs. Flexible printed circuit boards are highly used in cameras, smart phones, computers, medical equipments, sensors among others. Growing demand for advanced wearable devices coupled with compact and flexible electronic devices pushing the growth of flexible printed circuit board market.

Global Flexible Printed Circuit Board (PCB) Market Segmentation

By Product Type

• Single Sided Flex Circuits
• Double Access Flex Circuits
• Double Sided Flex Circuits
• Multi-Layer Flex Circuits
• Rigid Flex Circuits

By End Users

• Healthcare & Medical Equipments
• Computers & Data Storage
• Consumer Electronics
• Automotive
• Telecommunications
• Defense & Aerospace
• Industrial Electronics

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion) }
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) }
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion) }
• Rest of the World{Market Share (%), Market Size (USD Billion) }

Growth Drivers and Challenges

Flexible printed circuit boards are mainly used in consumer electronics like smart phones, computers, LCD display and electric circuitry in rechargeable batteries. Maintaining and increasing compact nature of the mobiles and other electronic devices is major challenge for the mobile manufacturers, to overcome this technological barrier manufacturers are focusing on more reliable and efficient flexible PCB solutions. Rising penetration and growing production of these devices are propelling the demand for Flexible printed circuit boards. Flexible printed circuit boards are very much compact as compared to the conventional complex wiring interconnections, which significantly helps in increasing the density of an electrical connectivity. Presently, flexible PCBs are much more reliable and major replacement of conventional wiring interconnectivity, propelling growth of global FPCB market. However, High cost related to its manufacturing and continuous R&D requirements to provide better solution for future, surge high investments which is a major restraint for new entrants. Automated robotics, defense and aerospace industries provide huge market opportunity for the market players.

Market Size and Forecast

Global flexible PCB market accounted for USD 12.4 billion in 2016. Further, the market is anticipated to expand at a compound annual growth rate of 12.4% over the forecast period i.e. 2017-2030.

Geographically, Asia Pacific accounted for the highest revenue share in global flexible PCB market in 2016 with more than USD 5.2 billion revenue share. Asia-pacific is the largest hub of semiconductors manufacturers, in addition to this huge investment in flexible PCB technology is expected to boost Asia Pacific flexible PCB market in nearby future. North America is the second largest market, which is anticipated to grow significantly due to growing demands of electronic consumers, smart automotive applications and fastest growing IoT market. North America accounted for more than 22% share in global flexible PCB market.

Covered in this Global Flexible Printed Circuit Board (PCB) Market Report

Market Synopsis

Market Segmentation

Global flexible PCB market is segmented as follows:

• By Product Type (Market Size, Demand Analysis and Growth Analysis)
• By  End Users Type (Market Size, Demand Analysis and Growth Analysis)

Global Flexible PCB Market Report covered insights of below mentioned regions:

• North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
• Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
• Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
• Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
• Rest of World  {Market Size, Growth Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

• Risk Factors
• Regional Variations
• Recent Trends and Developments

Key Market Players

• L.G Innotek
• 3M
• Nitto Denko Corp.
• NewFlex Technology Co. Ltd.
• Interflex Co. Ltd.
• Sumitomo Electric Industries Ltd.
• Fujikura Ltd.
• Flexcom Inc.
• Daeduck GDS
• Career Technology (Mfg.) Co. Ltd.
• NOK Corporation

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks