Flexible Printed Circuit Board Market by Type (Double-sided Flexible Circuits, Multilayer Flexible Circuits, Rigid-flex Circuits), End User (Automotive Electronics, Consumer Electronics & Wearables, Defense & Aerospace) - Global Forecast 2024-2030
The Flexible Printed Circuit Board Market size was estimated at USD 23.04 billion in 2023 and expected to reach USD 26.19 billion in 2024, at a CAGR 14.50% to reach USD 59.47 billion by 2030.
The flexible printed circuit board (FPCB) market comprises developing, producing, and selling flexible circuits mounted on flexible plastic substrates, including polyimide, PEEK (Polyether ether ketone), or conductive polyester film. Technological advancements in continuous innovation in electronic components miniaturization positively influence market space. The demand for consumer electronics and the popularity of portable and smart devices has increased the market demand. The growing electronic content in vehicles and inclination towards autonomous driving has enhanced the market growth. However, high initial manufacturing costs and complex fabrication processes are limiting the market scope. The fluctuating raw material costs also impact profitability, creating market growth challenges. Moreover, the development of eco-friendly and sustainable materials is constantly creating opportunities in the market. Integrating FPCBs into next-generation IoT devices also creates potential opportunities in the market.
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- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising Adoption of Consumer Electronics with the Ongoing Shift Towards Miniature Electronic Devices
- 5.1.1.2. Increasing Popularity of Compact and Flexible Display Technology in Electronic Products
- 5.1.1.3. Potential Demand Owing to Increased Reliability by Providing Interconnectivity Solutions
- 5.1.2. Restraints
- 5.1.2.1. Relatively High Cost of flex PCBs Compared to Traditional Rigid PCBs
- 5.1.3. Opportunities
- 5.1.3.1. Technological Advancements in Printed Circuit Boards
- 5.1.3.2. Proliferating Application of Flexible Electronic Products from Aerospace, Defense, and Automotive
- 5.1.4. Challenges
- 5.1.4.1. Inherent Performance Limitations of Flexible Printed Circuit Board
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing popularity of rigid-flex circuits due to its structural rigidity and increased reliability
- 5.2.2. End User: Rising inclination towards electrification and advanced safety features of automotive industry drives adoption of FPCBs
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 5.9. Client Customization
- 6. Flexible Printed Circuit Board Market, by Type
- 6.1. Introduction
- 6.2. Double-sided Flexible Circuits
- 6.3. Multilayer Flexible Circuits
- 6.4. Rigid-flex Circuits
- 6.5. Sculptured Flexible Circuits
- 6.6. Single-sided Flexible Circuits
- 7. Flexible Printed Circuit Board Market, by End User
- 7.1. Introduction
- 7.2. Automotive Electronics
- 7.3. Consumer Electronics & Wearables
- 7.4. Defense & Aerospace
- 7.5. Healthcare
- 7.6. Lighting
- 7.7. Military
- 7.8. Telecommunications
- 8. Americas Flexible Printed Circuit Board Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Flexible Printed Circuit Board Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Flexible Printed Circuit Board Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. Market Share Analysis, 2023
- 11.2. FPNV Positioning Matrix, 2023
- 11.3. Competitive Scenario Analysis
- 11.3.1. Würth Elektronik launches research project HyPerStripes
- 11.3.2. DuPont Showcases Industry-Leading Innovations in Advanced Circuit Materials and Solutions at TPCA Show 2023 in Taipei
- 11.3.3. New material for 6G flexible printed circuit boards
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.2. Key Product Portfolio
- FIGURE 1. FLEXIBLE PRINTED CIRCUIT BOARD MARKET RESEARCH PROCESS
- FIGURE 2. FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. FLEXIBLE PRINTED CIRCUIT BOARD MARKET DYNAMICS
- FIGURE 7. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY END USER, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FLEXIBLE PRINTED CIRCUIT BOARD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. FLEXIBLE PRINTED CIRCUIT BOARD MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 20. FLEXIBLE PRINTED CIRCUIT BOARD MARKET, FPNV POSITIONING MATRIX, 2023
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