Flexible Printed Circuit Boards Market Current and Future Trends, Leading Players, and Regional Forecast By 2027
Flexible printed circuit
boards are widely used in an array of electronic
devices that have complex circuitry.
Besides efficient interconnectivity solutions, flexible PCBs
offer another benefit viz. reduced system maintenance. Compact in size,
flexible PCBs also reduce the entire costs of interconnectivity solutions.
Consistently growing preference for printed circuit boards over
conventional wiring systems used in various electronic devices, will continue
to foster the market for flexible PCBs over the next 10 years.
Future Market Insights assesses the global market for flexible
printed circuit boards for a 10-year period, 2017-2027.
The report offers insightful information about the key factors
impacting the market growth during the forecast period, in-depth segmentation
analysis, regional outlook, and an extensive view of the competitive market
landscape.
Key Market
Dynamics
The demand for flexible printed
circuit boards by manufacturers of smartphones, other mobile devices, LCD
display, connectivity antennas, and rechargeable batteries, is currently on the
rise.
With exploding consumer electronics sector, soaring popularity
of IoT, and growing applications in the automotive sector are identified to be
the key factors that are likely to hold a positive impact on the sales of FPCBs
in near future.
Quality performance and high packaging flexibility of flexible
PCBs will continue to make them highly preferred interconnectivity solutions in
near future.
Surging adoption of multilayer FPCBs and increasing use of
rigid-flex FPCBs are likely to be among the most prominent trends in the global
flexible printed circuit boards market.
The demand for automated robots is evidently increasing,
indicating lucrative growth opportunities to emerge for key market players over
the next decade.
Innovation in fabrication technology and circuit materials is
expected to push the market further.
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Current
Market Trends
Although consumer electronics has
been the primary consumer for flexible PCBs over the years, consumption by automotive
electronics sector is expected to gather significant momentum during the
assessment period, fuelling the sales globally.
Demand from aerospace and defence industry will also remain
significant during the forecast period.
Increasing demand for small, flexible electronics will be an
important trend in the market.
Another trend expected to hold a positive influence on market,
includes growing use of flex circuits in electronic wearables.
Moreover, emerging interest in polymer plastic solar cells and
foldable or rollable smartphones will create a plethora of opportunities for
key market players in near future.
An emerging trend of disposable electronics will also support
market growth over the next few years. FPCB manufacturers are likely to
encounter with a number of opportunities in healthcare sector.
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