What is Flexible Printed Circuit Board?
Flexible PCBs are patterned arrangement of printed circuitry and components that utilizes flexible based material with or without flexible coverlay. At present time, it has become more popular for various electronic devices for flexibility as it is thin and lightweight and contributes to make devices more compact, lighter, and thinner. However, it is also used for LED or OLED and LCD panel interface in TVs. Flexible PCBs are more suitable for high temperatures due to their better capability of dissipating heat than rigid boards and also provides resistance to acids, oils, and UV exposure.
The market study is broken down by Type (Single Sided Flex Circuits, Double Sided Flex Circuits, Multi-Layer Flex Circuits, Rigid Flex Circuits and Others), by Application (Instrumentation & Medical, Computer & Data Storage, Telecommunications, Defense & Aerospace, Consumer Electronics, Automotive, Industrial Electronics and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analysts at AMA Research estimates that Players from Japanese and South Korean will contribute to the maximum growth of Global Flexible Printed Circuit Board market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Flexcom, Inc. (South Korea), Daeduck GDS (South Korea), Fujikura Ltd (Japan), Interflex Co. Ltd (South Korea), NOK Corp (Japan), Nitto Denko Corp. (Japan), NewFlex Technology Co. Ltd (South Korea), All Flex, Inc. (United States), MFLEX (United States), Sumitomo Electric Industries Ltd (Japan) and Career Technology (Taiwan) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Flexible Printed Circuit Board market by Type, Application and Region.
On the basis of geography, the market of Flexible Printed Circuit Board has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Flexible Printed Circuit Board market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In August 2021, Royal Circuit Solutions acquired South Coast Circuits to expand its PCB manufacturing operations and market reach. The acquisition will provide rigid, flex, and rigid-flex circuit board fabrication as well as PCB assembly for prototypes to mid-volume production quantities and create a larger, more dominant PCB manufacturing group. South Coast Circuits serves various industries like communications, automatic test equipment, (ATE), aerospace, networking test & measurement, etc. Which will further help Royal Circuit Solutions to expand its service offerings for the ATE industry.
In June 2019, OKI Group Company announced the launch of its Stretchable Flexible Printed Circuits due to the increasing demand for wearable sensors. It offers elasticity by replacing the polyimide that can be stretched repeatedly, like rubber, and is heat-resistant allows components to be solder-mounted.
- Growing Trend of Structural and Hybrid Electronics for Sensor Technologies, Display, and Batteries and Miniaturization of Flexible PCBs
- Increasing Popularity of Flexible PCB Due to Its Ability to Handle Mode Stress and Bending Properties
- The Consumer Inclination towards the Consumer Electronics and IoT for Smart Home and Industry Automation
- High Adoption in Automotive and Key Medical Instrument Advances
- High Cost than Flex-Rigid PCBs and Slow Adoption in Developing and Underdeveloped Countries
- Shielding Requirement For EMI or RF Purposes Limit the Bend Capabilities of Flexible PCBs
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Flexible Printed Circuit Board Manufacturers, Suppliers and Distributors of Flexible Printed Circuit Board, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industry and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Flexcom, Inc. (South Korea), Daeduck GDS (South Korea), Fujikura Ltd (Japan), Interflex Co. Ltd (South Korea), NOK Corp (Japan), Nitto Denko Corp. (Japan), NewFlex Technology Co. Ltd (South Korea), All Flex, Inc. (United States), MFLEX (United States), Sumitomo Electric Industries Ltd (Japan) and Career Technology (Taiwan) etc.
2. Can we have customized study for Flexible Printed Circuit Board Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Flexible Printed Circuit Board Market by 2026?
Analysts at AMA estimates Flexible Printed Circuit Board Market to reach USD Million by 2026.