RSI said the market was $13.51 billion in 2016.
Categorization: Sided flex circuits, double-sided flex circuits, multi-layer flex circuits, and rigid flex circuits.
The multi-layer flex circuits segment led the market in 2016 and is expected to maintain its influence over the coming decades, per RSI.
Asia Pacific led the geographical market with a share of 56% in 2016 and is likely to cling its position over the next few years.
North America, the second leading market for flexible printed circuit board in 2016, is also estimated to witness significant growth in its market share over the coming decade, thanks to the rising demand for consumer electronics, smart automotive applications, state-of-art healthcare devices, and process automation systems in the power, and the oil and gas sectors.