NEW YORK, December 7, 2021 / PRNewswire / – Cicor Technologies Ltd. and Eltek Ltd. are among the leading vendors operating in the flexible printed circuit board market. The market is expected to grow from here $ 1.64 billion from 2021 to 2026. The growth dynamics of the market will accelerate at a CAGR of 3.73% during this period.
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Flexible Printed Circuit Boards Market: Pilot
One of the key factors driving the flexible circuit board market growth is the growing adoption of smartphones. Smartphone adoption is increasing globally due to the availability of low cost smartphones and increased internet penetration globally. Developing countries such as India and China are emerging markets for smartphones due to increasing disposable income and large population.
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Flexible Printed Circuit Boards Market: Segmentation Analysis
The flexible printed circuit boards market has been segmented by end user (consumer electronics, automotive, industrial and others) and by geography (APAC, North America, Europe, MEA and South America).
By end user, the consumer electronics segment will dominate the flexible printed circuit board market during the forecast period. Consumer electronics require compact, multifunctional, flexible and economical PCBs. Flexible PCBs offer space saving, reliability, low mass and high ductility.
By geography, APAC is expected to dominate the market, with 89% share during the forecast period, with China, Taiwan, and Japan being the key countries. The high concentration of consumer electronics manufacturers, such as display device manufacturers and OLED panel manufacturers, will drive the growth of the flexible printed circuit boards in APAC during the forecast period.
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Associated reports:
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Printed circuit board market: The PCB market has been segmented by product (4-6 bottom, substrates, 1-2 sided, flexible and others), end user (communication network infrastructure, consumer electronics, automotive electronics, military and aerospace, and others ), and geography (APAC, North America, Europe, MEA and South America). Download a free sample report
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Solid State Drive (SSD) Market: The Solid State Drive (SSD) market has been segmented by type (TLC, MLC, and SLC) and geography (APAC, North America, Europe, South America, and MEA). Download a free sample report
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Some of the main topics covered in the report include:
Market challenges
Market factors
Market trends
Supplier landscape
Scope of the flexible printed circuit board market |
|
Cover of the report |
Details |
Page number |
120 |
Year of reference |
2021 |
Forecast period |
2022-2026 |
Growth dynamics and CAGR |
Accelerate to a CAGR of 3.73% |
Market growth 2022-2026 |
$ 1.64 billion |
Market structure |
Fragmented |
Annual growth (%) |
3.13 |
Regional analysis |
APAC, North America, Europe, MEA and South America |
Efficient contribution to the market |
89% APAC |
Main consumer countries |
China, Taiwan, South America, Japan and the United States |
Competitive landscape |
Leading companies, Competitive strategies, Scope of consumer engagement |
Key companies profiled |
AT and S Austria Technologie et Systemtechnik Aktiengesellschaft, Cicor Technologies Ltd., Eltek Ltd., RAYMING TECHNOLOGY, Shenzhen Kinwong Electronic Co. Ltd., Sumitomo Electric Industries Ltd., Suzhou Dongshan Precision Manufacturing Co., Ltd., TTM Technologies Inc., Unimicron Technology Corp. and Zhen Ding Technology Holding Ltd. |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Analysis of COVID-19 Impact and Recovery, and Future Consumer Dynamics, Analysis of Market Status for the forecast period |
Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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