Flexible Printed Circuit Boards Market Overview, Demand and Forecast Report by 2027
The global Flexible Printed Circuit Boards market is studied in detail in the new report on Qualiket Research. The new report studies the Flexible Printed Circuit Boards market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.
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Flexible printed circuit boards are used in an array of electronic devices which have complex circuitry. They are thin and lightweight, simple structuring in nature. FPCBs are also called as flexible or flex circuits. It can eliminate the need for some components like connectors, wire harnesses and they are usually found in high performance devices like GPS, tablets, smart phones, and cameras.
Market Drivers
Increase in demand for compact and flexible electronic devices is the key driving factor which is expected to boost the global flexible printed circuit boards market growth. Furthermore, regulated demand from the IT and telecommunication sector in view of increase in need for circuits with higher data processing speed and higher working temperature will positively contribute the market growth. In addition to that, increase in applications in the automotive sector which is expected to propel the global flexible-printed circuit boards market growth. Moreover, increase in demand and production of consumer electronics devices like cellular phones will significantly drive the market growth in near future. They are also used in health monitoring devices, and medical equipment such as pacemakers, neuro-stimulation, modulation devices, and external hearing devices.
Market Restraints
However, high initial cost of circuit layout and design for flexible printed circuit boards is the major challenging factor which is expected to hinder the global flexible printed circuit board market growth during this analysis period.
Market Key Players
Various key players are discussed in this report such as Sumitomo Electric Printed Circuits, Inc, Fujikura Ltd., Z hen Ding Technology Holding Limited, FLEXium Interconnect, Inc., ICHIA Technologies, Inc., Career Technology, Multi-Fineline Electronix, Inc., Interflex Co., Ltd., and Nitto Denko Corporation
Market Taxonomy
By Type
- Single-Sided FPCBs
- Double-Sided FPCBS
- Multilayer FPBs
- Rigid-Flex FPCBs
- Others
By End User
- Consumer Electronics
- Automotive Electronics
- Industrial Electronics
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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