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Flexible Printed Circuit Board Market 2018: Analytical Overview, Company Profile, Development Strategy, Future Plans and Global Trends by Forecast 2022

Market Research Future published a research report on “Flexible Printed Circuit Board Market Research Report- Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

 

Pune, India -- (SBWIRE) -- 04/25/2018 -- Market Scenario

Flexible printed circuit boards refer to assembling of circuit components like capacitors or resistors on flexible plastic substrates like polyamide or polyester derivatives which possess the property to bend or flex. These boards are manufactured using identical components which are being used in the normal circuit boards and later can be flexed during the use. In the current scenario, flexible printed circuit boards are being widely adopted in many application area like consumer electronics, healthcare, automotive, biometrics, and many more. The automobile industry is stepping towards autonomous driving vehicles which are building the human-machine interface. The automotive manufacturers are deploying flexible displays for establishing the better connection of human-machine interface. The flexible displays are being adopted for increasing safety by proliferating the display devices through the car interior.

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The major adoption of flexible printed circuit boards in consumer electronic devices like smartphones, wearable devices, LCDs are the major growth factors that are driving the market. The major factors that are driving organizations to adopt flexible printed circuit boards are robustness, light weight and durability. The production of LCD devices with flexible printed circuit boards is fuelling the market growth. However, the high cost associated with manufacturing and lack of expertise in the area of manufacturing are hampering the market growth.

Global Flexible Printed Circuit Board Market is expected to reach USD 23 billion at CAGR 12% throughout the forecast period 2022.

Industry News

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, 2017- 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 (2017 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.

Key Players:

Some of the key innovators are MFS Technology Ltd. (Singapore), Flexible Circuit Technologies, Inc. (U.S.), Nitto Denko Corp (Japan), LG Innotek (South Korea), Hannstar Board Technology (Hong Kong), Nan Ya Printed Circuit Board (Taiwan), Kingboard Chemical Holdings (Hong Kong), Multilayer Technology Inc. (U.S.), Ibiden Co., Ltd.(Japan), ICHIA Technologies Inc.(Taiwan), FLEXium Interconnect, Inc.(Taiwan), Young Poong Corporation (South Korea), Interflex Co., Ltd.(South Korea) and many others.

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.

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.

Regional Analysis

The global flexible printed circuit board market is studied for North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific holds the major market share through the forecast period. The demand for consumer electronics products which requires flexible printed circuit boards, the SoC (System on Chip) integration leading to rising of many start-ups which are the main factors that are supporting the market growth in this region. North America is anticipated to hold a significant market share through the forecast period. The adoption of flexible printed circuit boards for robotics and automation processes and the flexibility of the devices are supporting the market growth. Europe is expected to show decent growth through the forecast period. The deployment of flexible printed circuit boards in automobiles are also supporting the market growth.

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Intended Audience

- Semiconductor manufacturers
- Professional Services/Solutions Providers
- Research Organizations
- Associations, Forums, and Alliances
- Technology Integrators
- OEM Manufacturers

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