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.
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.
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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.
Global Flexible Printed Circuit Boards Market is segmented into type such as Single-Sided FPCBs, Double-Sided FPCBS, Multilayer FPBs, Rigid-Flex FPCBs, and Others. Further, market is segmented into end user such as Consumer Electronics, Automotive Electronics, Industrial Electronics, and Others.
Also, Global Flexible Printed Circuit Boards Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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
By End User
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