Flexible printed circuit board (FPCB) market is expected to increase from $13.5 billion in 2016, to $27.6 billion in 2023, at a CAGR of 10.7% from 2017 to 2023. The factors driving the FPCB market are increasing demand for smart-phones and hand-held devices, growing popularity of Internet of Things (IoT) and increasing scope of application of FPCB in various industries such as consumer electronics, automotive, telecommunication, healthcare, defense and aerospace industries. Increasing demand of cost effective wiring systems also fuels the global FPCB market.
Flex circuits are often used as connectors in various applications where flexibility, space savings, or production constraints limit the serviceability of rigid circuit boards or hand wiring. A common application of flex circuits is in computer keyboards; most keyboards use flex circuits for the switch matrix. Most flexible circuits are passive wiring structures that are used to interconnect electronic components such as integrated circuits, resistors, capacitors and the like, however some are used only for making interconnections between other electronic assemblies either directly or by means of connectors. Flexible circuits are used in instrument panels, under-hood controls, circuits to be concealed within the headliner of the cabin, and in ABS systems. In computer peripherals flexible circuits are used on the moving print head of printers, and to connect signals to the moving arm carrying the read/write heads of disk drives. Consumer electronics devices make use of flexible circuits in cameras, personal entertainment devices, calculators, or exercise monitors.
Key Findings of the Flexible Printed Circuit Boardmarket report:
1) The flexible printed circuit board market is expected to reach $27.6 billion by 2023
2) Based on types:
The multi-layer flex circuits segment was the largest segment in the global FPCB market in 2016.
3) On the basis of application:
The consumer electronics segment was the largest segment in 2016
Automotive sector is anticipated to be the fastest growing segment
4) Increasing demand of the smart-phones makes flexible printed circuit board more popular among hand held device manufacturers
5) Asia-Pacific region is expected to hold the major share of the flexible printed circuit board in semiconductors modules and chip market during the forecast period
Flexible Printed Circuit Board Market– an energy efficient and reliable way to infuse electronics with various industries.
Kingford PCB Electronics Co., Ltd. The Best PCB/PCBA factory in China. Established 1999. We specialize in 1-22 Layer printed circuit boards and the assembly of High-Mix, Low to Medium-Volume orders.
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