Flexible Printed Circuit Board (FPCB) Global Market – Overview
The global flexible printed circuit board market is growing at the rapid pace owing to growing demand of small & flexible electronics product, growing advancement in conductive materials, growing market of disposable electronics, and growing advancement in technology such as IOT (internet of things) and wearable device market among others. According to a recent study report published by the Market Research Future, The global market of Flexible Printed Circuit Board (FPGA) is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The rise in 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 wearable. Further, emerging interest in polymer plastic solar cells and flexible 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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The increase in demand of consumer electronics product fuel the global FPCB market. Maintenance of compact nature of the device along with optimum wirings for interconnectivity is the major challenge faced by the mobile market. To overcome this barrier, majority of mobile manufacturers focus on more efficient flexible PCBs solutions. FPCBs are applicable in consumer electronics such as mobile phones, LCD display, connectivity antennas, and flexible circuitry used in rechargeable batteries. With rise in demand and production of these devices, the market growth is projected to increase. FPCBs provide significant interconnectivity solutions for such electronic devices.
Some of the major players in Global Flexible Printed Circuit Board Market include 3M company (U.S.), BHflex co. Ltd. (South Korea), Flexible Circuit technology (U.S.), Sumitomo Electric industries (Japan), Fujikura (Japan), Daeduck GDS Co. Ltd. (South Korea), Career technology co. ltd. (Taiwan), Flexcom Ltd. (South Korea), Interflex Co. Ltd. (South Korea), Orbotech Ltd. (Israel) and Zhen ding Technologies (Taiwan) among others.
March 30, 2012 – Sumitomo Electric Industries, Ltd. announced that it has reached a basic agreement with Sumitomo Bakelite Co., Ltd. to acquire all the shares of its flexible printed circuit (FPC) manufacturing subsidiary Sumitomo Bakelite Vietnam Co., Ltd.
Nov. 07, 2018– TTM Technologies, Inc., a global leader in printed circuit board (PCB) manufacturing, will be exhibiting at the annual International Printed Circuit & APEX South China Fair (2018 HKPCA & IPC Show) at Booth 1L01. Themed “Global Wisdom Local Presence”, the Fair runs from December 6-8 and will be held at the Shenzhen Convention & Exhibition Centre, China. TTM’s Sales and Technical Experts are available for product and technical on-site discussions throughout the event.
Flexible Printed Circuit Board Global Market – Segmentation
The Flexible Printed Circuit Board Market can be classified into 5 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Type: Comprises single-sided, double-sided, sculptured, multi-layer, and rigid flex.
- Segmentation by Technology: Comprises Polyamide etching, additive process, selective plating, and contoured circuits.
- Segmentation by Components: Comprises Conductors, insulators, plated vias, adhesives, and stiffener among others.
- Segmentation by Application: Comprises Consumer electronics, automotive, medical, telecommunication, and aerospace & defence among others.
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Flexible Printed Circuit Board Global Market – Regional Analysis
The global flexible printed circuit board market is divided into four regions, namely North America, Asia Pacific Europe and the Middle East and Africa (MEA). Asia-pacific is dominating the global flexible printed circuit board market with the largest market share due to large production of electronics and presence of large market of flexible circuit board market in the region. Other aspects such as availability of raw materials, low labour cost and presence of major electronics manufacturing hub is fuelling the market growth.
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Flexible Printed Circuit Board Global Market – Competitive Analysis
The market of Flexible Printed Circuit Board (FPGA) appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
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