Flexible Printed Circuit Boards Market

The rising demand for Miniaturized Electronic Products is expected to spur the Flexible Printed Circuit Boards Market.

The global flexible printed circuit boards market was valued at US$ 16.56 Bn in 2018 and is expected to reach US$ 41.04 Bn by 2027, expanding at a CAGR of 10.6% during the forecast from 2019 to 2027. The shift in consumer preference for miniaturized and pocket equipment has significantly flourished the demand for Flexible Printed Circuit Boards (FPCBs). The technology offers about 70% of the total cost reduction in electrical interconnection and reduces nearly 75% of the wiring and cable applications. In addition, its multiple advantages, such as high thermal stress capability, high electrical conductivity, flexibility, and high durability, make it vulnerable to various applications. As a result, it has proliferating demand in automotive, consumer electronics, aerospace & defense, and several other sectors.

Market Synopsis

Healthcare Segment is predicted to witness the highest CAGR during the Forecast Period.

The healthcare sector is poised to register the highest growth during the forecast period. The penetration of the Internet of Things (IoT) and increasing demand for miniaturized electronics in the medical sector are key factors responsible for the rapid growth of the segment. However, consumer electronics dominated the global flexible printed circuit boards market with the highest revenue share in 2018. Asia is the largest contributor to the significant growth of the consumer electronics segment. Besides this, the automotive sector seeks remarkable growth in adopting flexible PCBs for emerging electronic control systems and interior lighting circuits.

The Asia Pacific is projected to have the Highest Growth during the Forecast Period.

In 2018, Asia Pacific held the majority of the global flexible printed circuit boards market’s revenue share of around 35%. The region is also poised to grow at the fastest CAGR during the forecast period. Smartphones, automobiles, and upcoming smart technologies have acquired the Asian market completely. In addition, the largest consumer base for such breakthrough technologies and low labor costs have made the region most opportunistic. Thus, several players have expanded their regional bases in the Asia Pacific. For instance, in June 2019, Holitech Technology Co. Ltd., a Chinese component supplier of Xiaomi, extended its production capacity in India. The new plant will manufacture various electronic products, including flexible PCBs.

On the other hand, North America and Europe are also major contributors to the global flexible PCB market. The United States was the second-largest Flexible PCB manufacturing hub after Japan. In addition, prolonged growth in automotive, healthcare, and other various sectors in the U.S. and Europe has significantly driven the growth of flexible circuits in the regions.

Key Players & Competitive Landscape:

The global flexible PCBs players are grappling with each other to retain their market position. The ever-changing trend in electronics, automotive, and other consumer-oriented sectors is driving innovation and development in the existing product range. In addition, players also believe in expanding their regional base to grow their production capacity.

Some of the prominent players listed in the global flexible PCBs market report include NOK Corporation (Nippon Mektron Ltd.), Flexcom Inc., Fujikura Ltd., Sumitomo Electric Industries Ltd. (SEI), Zhen Ding Technology Holding Limited (ZDT), Multi-Fineline Electronix Inc., 3M Company, FLEXium Interconnect Inc., Career Technology, Interflex Co. Ltd., and ICHIA Technologies Inc. among others.

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The flexible printed circuit boards market research offers market size and forecasts based on market dynamics and predominant trends shaping the industry. In addition, the report provides an all-around view of the global flexible printed circuit board market based on type, industry verticals, and geography.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Flexible Printed Circuit Boards Market
2.2. Global FPCBs Market, by Type, 2018 (US$ Bn)
2.3. Global FPCBs Market, by Industry Verticals, 2018 (US$ Bn)
2.4. Global FPCBs Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global FPCBs Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Flexible Printed Circuit Boards (FPCBs) Market, by Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Single Sided FPCB
4.3. Double Sided FPCB
4.4. Multi-layer FPCB
4.5. Rigid-flex FPCB
4.6. Others

5. Global Flexible Printed Circuit Boards (FPCBs) Market, by Industry Verticals, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Aerospace & Defense
5.3. Consumer Electronics
5.4. Telecommunication
5.5. Automotive
5.6. Healthcare
5.7. Others

6. North America Flexible Printed Circuit Boards (FPCBs) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America FPCBs Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America FPCBs Market Value, By Type, 2017-2027 (US$ Bn)
6.2.1. Single Sided FPCB
6.2.2. Double Sided FPCB
6.2.3. Multi-layer FPCB
6.2.4. Rigid-flex FPCB
6.2.5. Others
6.3. North America FPCBs Market Value, By Industry Verticals, 2017-2027 (US$ Bn)
6.3.1. Aerospace & Defense
6.3.2. Consumer Electronics
6.3.3. Telecommunication
6.3.4. Automotive
6.3.5. Healthcare
6.3.6. Others
6.4. North America FPCBs Market Value, By Country/ Region, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Flexible Printed Circuit Boards (FPCBs) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe FPCBs Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe FPCBs Market Value, By Type, 2017-2027 (US$ Bn)
7.2.1. Single Sided FPCB
7.2.2. Double Sided FPCB
7.2.3. Multi-layer FPCB
7.2.4. Rigid-flex FPCB
7.2.5. Others
7.3. Europe FPCBs Market Value, By Industry Verticals, 2017-2027 (US$ Bn)
7.3.1. Aerospace & Defense
7.3.2. Consumer Electronics
7.3.3. Telecommunication
7.3.4. Automotive
7.3.5. Healthcare
7.3.6. Others
7.4. Europe FPCBs Market Value, By Country/ Region, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Flexible Printed Circuit Boards (FPCBs) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific FPCBs Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific FPCBs Market Value, By Type, 2017-2027 (US$ Bn)
8.2.1. Single Sided FPCB
8.2.2. Double Sided FPCB
8.2.3. Multi-layer FPCB
8.2.4. Rigid-flex FPCB
8.2.5. Others
8.3. Asia Pacific FPCBs Market Value, By Industry Verticals, 2017-2027 (US$ Bn)
8.3.1. Aerospace & Defense
8.3.2. Consumer Electronics
8.3.3. Telecommunication
8.3.4. Automotive
8.3.5. Healthcare
8.3.6. Others
8.4. Asia Pacific FPCBs Market Value, By Country/ Region, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Flexible Printed Circuit Boards (FPCBs) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World FPCBs Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World FPCBs Market Value, By Type, 2017-2027 (US$ Bn)
9.2.1. Single Sided FPCB
9.2.2. Double Sided FPCB
9.2.3. Multi-layer FPCB
9.2.4. Rigid-flex FPCB
9.2.5. Others
9.3. Rest of the World FPCBs Market Value, By Industry Verticals, 2017-2027 (US$ Bn)
9.3.1. Aerospace & Defense
9.3.2. Consumer Electronics
9.3.3. Telecommunication
9.3.4. Automotive
9.3.5. Healthcare
9.3.6. Others
9.4. Rest of the World Flexible Printed Circuit Boards Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. NOK Corporation (Nippon Mektron Ltd.)
10.2. Flexcom Inc.
10.3. Fujikura Ltd.
10.4. Sumitomo Electric Industries Ltd. (SEI)
10.5. Zhen Ding Technology Holding Limited (ZDT)
10.6. Multi-Fineline Electronix Inc.
10.7. 3M Company
10.8. FLEXium Interconnect Inc.
10.9. Career Technology
10.10. Interflex Co. Ltd.
10.11. ICHIA Technologies Inc.

List of Figures

FIG. 1 Global Flexible Printed Circuit Boards (FPCBs) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global FPCBs Market Segmentation
FIG. 4 Global FPCBs Market, by Type, 2018 (US$ Bn)
FIG. 5 Global FPCBs Market, by Industry Verticals, 2018 (US$ Bn)
FIG. 6 Global FPCBs Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key FPCBs Market Players, 2018
FIG. 9 Global FPCBs Market Value Share, by Type, 2018 & 2027 (Value %)
FIG. 10 Global FPCBs Market for Single Sided FPCB, 2017–2027 (US$ Bn)
FIG. 11 Global FPCBs Market for Double Sided FPCB, 2017–2027 (US$ Bn)
FIG. 12 Global FPCBs Market for Multi-layer FPCB, 2017–2027 (US$ Bn)
FIG. 13 Global FPCBs Market for Rigid-flex FPCB, 2017–2027 (US$ Bn)
FIG. 14 Global FPCBs Market for Others, 2017–2027 (US$ Bn)
FIG. 15 Global FPCBs Market Value Share, by Industry Verticals, 2018 & 2027 (Value %)
FIG. 16 Global FPCBs Market for Aerospace & Defense, 2017–2027 (US$ Bn)
FIG. 17 Global FPCBs Market for Consumer Electronics, 2017–2027 (US$ Bn)
FIG. 18 Global FPCBs Market for Telecommunication, 2017–2027 (US$ Bn)
FIG. 19 Global FPCBs Market for Automotive, 2017–2027 (US$ Bn)
FIG. 20 Global FPCBs Market for Healthcare, 2017–2027 (US$ Bn)
FIG. 21 Global FPCBs Market for Others, 2017–2027 (US$ Bn)
FIG. 22 North America FPCBs Market, 2017–2027 (US$ Bn)
FIG. 23 Europe FPCBs Market, 2017–2027 (US$ Bn)
FIG. 24 Asia Pacific FPCBs Market, 2017–2027 (US$ Bn)
FIG. 25 RoW FPCBs Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Flexible Printed Circuit Boards (FPCBs) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global FPCBs Market, by Type, 2017–2027 (US$ Bn)
TABLE 5 Global FPCBs Market, by Industry Verticals, 2017–2027 (US$ Bn)
TABLE 6 Global FPCBs Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America FPCBs Market, by Type, 2017–2027 (US$ Bn)
TABLE 8 North America FPCBs Market, by Industry Verticals, 2017–2027 (US$ Bn)
TABLE 9 North America FPCBs Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 10 Europe FPCBs Market, by Type, 2017–2027 (US$ Bn)
TABLE 11 Europe FPCBs Market, by Industry Verticals, 2017–2027 (US$ Bn)
TABLE 12 Europe FPCBs Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific FPCBs Market, by Type, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific FPCBs Market, by Industry Verticals, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific FPCBs Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 16 Rest of the World FPCBs Market, by Type, 2017–2027 (US$ Bn)
TABLE 17 Rest of the World FPCBs Market, by Industry Verticals, 2017–2027 (US$ Bn)
TABLE 18 Rest of the World FPCBs Market, by Region, 2017–2027 (US$ Bn)
TABLE 19 NOK Corporation (Nippon Mektron Ltd.): Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Flexcom Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Fujikura Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Sumitomo Electric Industries Ltd. (SEI): Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Zhen Ding Technology Holding Limited (ZDT): Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Multi-Fineline Electronix Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 3M Company: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 FLEXium Interconnect Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Career Technology: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Interflex Co. Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 ICHIA Technologies Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)