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Flexible Printed Circuit Board Market Overview
The Flexible Printed Circuit Board Market will obtain a value of USD 27,900 and a CAGR of 12.6% between 2020-2030.
Compared to rigid-flexible printed circuit boards, flexible printed circuit boards are small, light, and can save up to 60% of weight and space. Additionally, the advantages in terms of price and toughness have helped these boards become more popular across various end-user sectors. Additionally, the market for flexible printed circuit boards is projected to expand favourably due to the demand for small, lightweight electronics in the automotive and medical sectors.
Conductive trace patterns are arranged on flexible substrates, also known as flexible or flexible circuits, such as polyimide or polyether ether ketone, to create flexible printed circuit boards or FPCBs. Flex circuits are employed when continuous bending is required, and the circuit must be bent repeatedly during packaging or assembly. Due to their high flexibility, low weight, and thin design, they are widely employed in electronics. Globally, there is an increasing need for flexible printed circuit boards with several layers. Typically, these circuit boards are created by fusing single- and double-sided circuits. The product has many advantages, including enhanced flexibility, a decreased requirement for the connecting wire harness, higher assembly density, a more compact design, and simpler inclusion of controlled impedance features.
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Flexible Printed Circuit Board Market Segmentation
The Flexible Printed Circuit Board market has been divided into three segments, i.e., by type, end-user, and location. The flexible printed circuit board market is segmented on product type into rigid-flexible printed circuit boards, rigid-flexible single-sided printed circuit boards, double-sided flexible printed circuit boards, multilayer flexible printed circuit boards, and many others. Consumer electronics, automotive electronics, industrial flexible printed circuit connections, and many other segments are included in the market’s end-user segmentation.
Modern, flexible printed circuit board connectors and other electronic components are produced by printed circuit board manufacturers using technology. Flexible circuit boards were discovered with cutting-edge technology, which benefited the business. These advantages include fixing wiring issues and reducing the circuit’s complexity, operating temperature, and weight. Health monitoring was made easier by evolving manufacturing technology, and navigation displays increased in popularity.
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Report Attribute/Metric |
Details |
|
Market Size in 2027 |
USD 27,900 Million |
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Growth rate: |
CAGR 12.6% from 2020 to 2027 |
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Forecast Period |
2020-2027 |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
In-depth Market Research Report (100 Pages) on Flexible Printed Circuit Board Market: https://www.marketresearchfuture.com/reports/flexible-printed-circuit-board-market-1198
Flexible Printed Circuit Board Market Regional analysis
The FPCB market provides information about North America, China, Germany, France, the United Kingdom, and Russia. In 2019, the Asia-Pacific area exhibited consistent growth. The local population is utilising cutting-edge technology and their investment in creating flexible printed circuit boards. There are several nations where the need for printed circuit boards is rising significantly, including China, India, and Japan. The Middle East, Africa, Europe, and a few other geographical regions also saw an increase.
Recent developments
Zhen Ding Technology Holding Limited exchanged shares for Boardtek Electronics Corporation in March 2020. Boardtek would become a fully owned subsidiary of Zhen Ding following the share exchange. Boardtek develops multilayer “PCBs,” manufactures them, and sells them with an emphasis on the high-performance computer, high-frequency microwave, and improved heat dissipation.
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TTM Technologies Inc. has declared February 2020 as the official launch date for the Chippewa Falls, Wisconsin, Advanced Technology Center. This renovated 40,000-square-foot facility, situated at 850 Technology Way, provides a selection of the most cutting-edge PCB manufacturing options available in North America, including the capacity to create PCBs resembling substrates. In June 2019, TTM bought the assets of i3 Electronics, Inc., and soon after that, they started working to swiftly retool this plant.
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