• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Add Your Company
      • Suppliers Guide
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Flexible Printed Circuit Boards Market Size to Grow at 11.2% CAGR Through 2025: GVR

    The global flexible printed circuit boards market was valued at $12.9 billion in 2018, per Grand View Research.

    Flexible Printed Circuit Boards Market Size to Grow at 11.2% CAGR Through 2025: GVR
    Related CONTENT
    • Global Flexible Display Market Size to Increase at a CAGR of 28.1% Through 2025: GVR
    • BASF Commences Smart Verbund Project in Zhanjiang, China
    • IDTechEx Show! USA 2019 Looks Ahead at Printed and Flexible Electronics
    • Global Building-integrated PV Facade Market to Experience Significant Growth: Grand View Research
    • Zebra Acquires Cortexica
    12.25.19
    The global flexible printed circuit boards market was valued at $12.9 billion in 2018 and is projected to expand at a CAGR of 11.2% during the forecast period.

    The growth can be accredited to the rising demand for compact and flexible electronic devices across different industry verticals. Efficient interconnectivity offered by flexible printed circuit boards (FPCBs) in complex circuitry is further augmenting their adoption in electronics.

    Advances in technology leading to increased use of automotive electronics are expected to have a positive impact on the demand from the automotive segment.

    Flexible PCBs simplify the overall assembly design by limiting the need for wires and hence are lightweight and easy to install in any electronic device. Miniaturization of printed circuit boards and the development of green PCBs are some of the prominent trends shaping the flexible PCB industry. Moreover, features offered in terms of packaging flexibility and quality performance are further projected to fuel this market.

    Manufacturers in developed economies, such as North America and Europe face stiff competition from the manufacturers operating in emerging economies in Asia Pacific, due to their capability to develop low-cost variants. On the other hand, developments in polymer plastic solar cells and foldable smartphones are expected to open a plethora of opportunities for the manufacturers.

    FPCBs are extensively used in an array of electronic devices that house complicated circuitry. In addition to superior interconnectivity, flexible PCBs have excellent electric induction and control performance which is gradually increasing their adoption in electronics. In view of a positive outlook, manufacturers are investing huge amounts for developing efficient flexible printed circuit boards. Manufacturers are also focusing on attaining enhancements in the fabrication technology and circuit materials to develop state-of-the-art flexible PCBs. For instance, in May 2019, DuPont, introduced a copper-clad laminate, Pyralux AG, to allow flexible circuit fabricators to seamlessly transit from prototypes to high volume manufacturing.

    On the basis of type, the flexible printed circuit boards market is categorized into single-sided PCBs, double-sided PCBs, multilayer PCBs, and rigid-flex PCBs. The multilayer circuit segment is estimated to expand at a CAGR exceeding 12% over the forecast period. The rise in the adoption of multilayer circuits is majorly on account of increasing adoption in industry-specific applications and in high-functioning electronics. Multilayer PCBs are extremely high-density assemblies making it more powerful and durable as compared to others and thus are expected to witness strong growth in the forthcoming years.

    On the other hand, the double-sided PCB segment captured a prominent market share of more than 45% in 2018. Such boards allow designers to access circuit traces from both the top and bottom of the circuit, thereby providing better flexibility in design. In addition, benefits offered with respect to circuit complexity, wiring errors, and weight among others have increased their adoption across industry verticals.

    The flexible printed circuit boards are employed in electronics used across varied industry verticals, such as industrial electronics, aerospace and defense, IT and telecom, automotive, and consumer electronics among others. The consumer electronics segment is expected to witness considerable expansion, at a CAGR of more than 12% during the forecast period, driven by the budding demand for flexible displays in smartphones, tablets, and PCs.

    The IT and Telecom segment held a flexible PCBs market share of more than 15% in 2018. Advancements in digital technologies like Artificial Intelligence (AI) and 5G are expected to augment the need for high-speed electronics, thereby driving demand for highly efficient flexible printed circuit boards over rigid printed circuit boards. Flexible PCBs are lightweight and hence are preferred to be used in avionics, remote control equipment, and safety equipment.

    Asia Pacific accounted for more than 77% of the overall revenue share in 2018, majorly attributed to the huge consumer electronics market. Countries such as China, Taiwan, Japan, and South Korea are semiconductor hubs and produce almost 80% of PCB production worldwide. Large scale investments in flexible printed circuit board manufacturing technology by semiconductor manufacturers, such as Xiamen Hongxin Electron-Tech Co., Ltd. is anticipated to boost the Asia Pacific FPCBs market growth in the forthcoming years.

    North America is expected to expand at a CAGR of over 15% during the forecast period, accredited to the extensive demand from the military and aerospace sector. Additionally, the growing adoption of technology is contributing significantly to regional market growth. Furthermore, the steady demand for automotive electronics in Europe is fueling the adoption of flexible PCBs.

    The ongoing trend of miniaturization and development of multi-feature electronic devices is pushing PCB manufacturers to produce highly dense and high-speed flexible PCBs. The market is highly consolidated with the top five manufacturers accounting for major share and generally determines the overall trend. Key players operating in the global market include AT&S; Benchmark Electronics; Cicor Management AG; Eltek Ltd; Flex Ltd; IEC Electronics, Jabil Inc.; SigmaTron International, Inc.; SMTC Corp; Sumitomo Electric Industries, Ltd.; and TTM Technologies. Companies are also emphasizing on lowering their operational costs by setting up manufacturing facilities requiring low capital investments.

    The manufacturers are striving for higher efficiency in terms of material and design. They are focusing on strategic partnerships, acquisitions, mergers, product launches, and R&D investments to strengthen their market presence. For instance, in February 2016, Nippon Mektron Ltd. formed a strategic partnership with Orbotech, as a part of which Nippon deployed Orbotech’s digital direct imaging and automated optical inspection systems across its multiple manufacturing facilities. The partnership has helped Nippon to support its existing and future product performance requirements for manufacturing flexible printed circuit boards.
    Related Searches
    • flex
    • semiconductor
    • electronics
    • solar cells
    Suggested For You
    Global Flexible Display Market Size to Increase at a CAGR of 28.1% Through 2025: GVR Global Flexible Display Market Size to Increase at a CAGR of 28.1% Through 2025: GVR
    BASF Commences Smart Verbund Project in Zhanjiang, China BASF Commences Smart Verbund Project in Zhanjiang, China
    IDTechEx Show! USA 2019 Looks Ahead at Printed and Flexible Electronics IDTechEx Show! USA 2019 Looks Ahead at Printed and Flexible Electronics
    Global Building-integrated PV Facade Market to Experience Significant Growth: Grand View Research Global Building-integrated PV Facade Market to Experience Significant Growth: Grand View Research
    Zebra Acquires Cortexica Zebra Acquires Cortexica
    DuPont Reports 3Q 2019 Results DuPont Reports 3Q 2019 Results
    Toyota Concept Car Adopts OLED Developed by Denso, JOLED Toyota Concept Car Adopts OLED Developed by Denso, JOLED
    STMicroelectronics to Highlight Solutions at electronica India, SmartCards Expo STMicroelectronics to Highlight Solutions at electronica India, SmartCards Expo
    SEMICON Taiwan 2019 Features Smart Tech, Innovation SEMICON Taiwan 2019 Features Smart Tech, Innovation
    ON Semiconductor Introduces ARX3A0 Digital Image Sensor ON Semiconductor Introduces ARX3A0 Digital Image Sensor
    Global Conductive Textiles Market to Register 16.5% CAGR from 2019-2025: Grand View Research Global Conductive Textiles Market to Register 16.5% CAGR from 2019-2025: Grand View Research
    SCHOTT Materials a Component for Manufacturers Developing LiDAR Technology SCHOTT Materials a Component for Manufacturers Developing LiDAR Technology
    Senior Executives from MEMS, Sensors Supply Chain Gathering at Executive Congress Senior Executives from MEMS, Sensors Supply Chain Gathering at Executive Congress
    Smart Tech, Innovation, Industry Future in Spotlight at SEMICON TAIWAN 2019 Smart Tech, Innovation, Industry Future in Spotlight at SEMICON TAIWAN 2019
    Applied Materials Appoints Yvonne McGill to Board of Directors Applied Materials Appoints Yvonne McGill to Board of Directors

    Related Breaking News

    • Breaking News | Displays and Lighting | Manufacturers News
      Audi Unveiling 4-door Audi A6 e-tron Concept

      Audi Unveiling 4-door Audi A6 e-tron Concept

      Digital Matrix LED and digital OLED technology make it possible to achieve maximum brightness from the headlights and taillights, according to Audi.
      Anthony Locicero, Associate editor 04.20.21

    • 3D Printing | Breaking News | Mergers and Acquisitions
      Nano Dimension Acquires DeepCube Ltd.

      Nano Dimension Acquires DeepCube Ltd.

      AI will drive its 3D-AI/ML distributed digital fabrication applications, according to Nano Dimension.
      Anthony Locicero, Associate editor 04.20.21

    • Breaking News | Semiconductors and Quantum Dots
      SEMI, Center for Automotive Research Collaborate

      SEMI, Center for Automotive Research Collaborate

      To advance increased supply chain collaboration between the semiconductor and automotive industries.
      Anthony Locicero, Associate editor 04.19.21


    • Breaking News | RFID and NFC
      Zebra Technologies Introduces New Alliance Track for PartnerConnect Channel Program

      Zebra Technologies Introduces New Alliance Track for PartnerConnect Channel Program

      New track enables improved collaboration with Zebra partner ecosystem.
      Anthony Locicero, Associate editor 04.19.21

    • Breaking News | Flexible and Printed Electronics | Semiconductors and Quantum Dots
      Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence

      Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence

      Registration for the event is now open.
      Anthony Locicero, Associate editor 04.19.21

    • Breaking News | Photovoltaics
      European Commission

      European Commission's Innovation Radar Acknowledges 3 ARMOR Innovations

      Innovations developed in the OLEDSOLAR project funded by the European Commission as part of the Horizon 2020 framework program.
      Anthony Locicero, Associate editor 04.16.21


    • Breaking News | Displays and Lighting
      LG Display Cuts Down CO2-eq Emissions by 3 Million Tons in 2020

      LG Display Cuts Down CO2-eq Emissions by 3 Million Tons in 2020

      Said it is in tandem with its commitment to pursuing its carbon neutrality for the green future.
      Anthony Locicero, Associate editor 04.16.21

    • Breaking News | Displays and Lighting
      Universal Display Corporation Named to Financial Times’ The Americas’ Fastest-Growing Companies 2021

      Universal Display Corporation Named to Financial Times’ The Americas’ Fastest-Growing Companies 2021

      Universal Display Corporation ranked No. 441 among public and private high-growth companies in North, Central and South America.
      Anthony Locicero, Associate editor 04.15.21

    • Breaking News | Mergers and Acquisitions | RFID and NFC
      Brady Corporation Announces Tender Offer to Acquire Nordic ID Oyj

      Brady Corporation Announces Tender Offer to Acquire Nordic ID Oyj

      A total equity purchase price of €8.1 million ($9.7 million).
      Anthony Locicero 04.15.21


    • Breaking News | Printed Circuit Boards/Membrane Switches/In Mold Electronics
      KYOCERA Licenses TactoTek Injection Molded Structural Electronics Technology

      KYOCERA Licenses TactoTek Injection Molded Structural Electronics Technology

      The global electronic manufacturer is the first to design, develop, and produce IMSE parts in Japan.
      Anthony Locicero, Associate editor 04.15.21

    • Breaking News | Flexible and Printed Electronics | Research Institutions
      SUPERSMART Wins

      SUPERSMART Wins 'Best Publicly Funded Project Demonstrator' in 2021 OE-A Competition

      Research project presented paper-based printed electronics as an environmentally friendly and cost-efficient alternative.
      Anthony Locicero, Associate editor 04.15.21

    • Breaking News | Sensors and Wearables
      Emerson Wins 2021 ENERGY STAR Partner of the Year Award

      Emerson Wins 2021 ENERGY STAR Partner of the Year Award

      Energy Star recognizes Emerson’s Sensi thermostat, the first-ever smart thermostat to win the honor, for the second consecutive year.
      Anthony Locicero, Associate editor 04.15.21


    • Breaking News | Flexible and Printed Electronics | Manufacturers News | Research Institutions
      InnovationLab Wins

      InnovationLab Wins 'Best Prototype/New Product’ at 2021 OE-A Competition

      The winning product was OccluSense by Bausch, a dental pressure measuring system.
      Anthony Locicero, Associate editor 04.14.21

    • Breaking News | Photovoltaics
      First Solar Series 6 CuRe Has Industry’s Lowest Warranted Degradation Rate

      First Solar Series 6 CuRe Has Industry’s Lowest Warranted Degradation Rate

      Offers 0.2% annual warranted degradation rate; up to 60% lower than conventional c-Si products.
      Anthony Locicero, Associate editor 04.14.21

    • Breaking News | Manufacturing | Research Reports | Semiconductors and Quantum Dots
      SEMI: 2020 Global Semiconductor Equipment Sales Surge 19% to Industry Record $71.2 Billion

      SEMI: 2020 Global Semiconductor Equipment Sales Surge 19% to Industry Record $71.2 Billion

      From $59.8 billion in 2019.
      Anthony Locicero, Associate editor 04.14.21

    Trending
    • Nano Dimension Acquires DeepCube Ltd.
    • Brady Corporation Announces Tender Offer To Acquire Nordic ID Oyj
    • GVR: Global 3D Printing Market Size Was $11.58 Billion In 2019
    • KYOCERA Licenses TactoTek Injection Molded Structural Electronics Technology
    • Ascent Solar Technologies Selected By U.S Air Force For Advanced Flexible Lightweight Photovoltaics
    Breaking News
    • Audi Unveiling 4-door Audi A6 e-tron Concept
    • Nano Dimension Acquires DeepCube Ltd.
    • SEMI, Center for Automotive Research Collaborate
    • Zebra Technologies Introduces New Alliance Track for PartnerConnect Channel Program
    • Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence
    View Breaking News >
    CURRENT ISSUE

    Fall 2020

    • Flexible Electronics Is Proving to Be Ideal for Healthcare
    • COVID-19 and the Printed Electronics Industry
    • Smart Packaging Looks to Move Forward
    • Electronic & Conductive Ink Conference Showcases Future of Ink Technology
    • Printed Electronics Now’s International Suppliers’ Directory
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    In Vitro Study Suggests Bovine Colostrum May Prevent “Leaky Gut”
    Gaia Herbs Supports Veterans, Donates Hemp Products & Herbs to Local Group
    Charlotte's Web Eyes International Expansion with Health Canada Approval for CBD Cultivars
    Coatings World

    Latest Breaking News From Coatings World

    PPG Publishes Sustainability Report
    Sherwin-Williams Launches Echelon
    BYK: New Dimension in High Throughput Screening
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA Grants 510(k) Clearance to LivaNova’s B-Capta
    Gynesonics Appoints Susan Stimson to Its Board of Directors
    Piezo Motion Debuts Piezoelectric Micro-Dosing Pump
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Evotec to Build Second Biologics Mfg. Facility in Toulouse
    Adare Pharma Names Ludger Roedder President of Adare Biome
    Johnson & Johnson 1Q Results
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Skin Match Technology Partners with Men-Only Grooming Platforms
    P&G Reports Solid Cash Results in Q3 of Fiscal 2021
    2021 Perfumed Plume Awards Announces Finalists
    Happi

    Latest Breaking News From Happi

    New OTC Natural Hemp Pain Relief Gel Arrives at cbdMD
    Amazon Adds SCS’ Carbon Neutral Certification to Its Climate Pledge Friendly Program
    Charles Moses, Beauty Industry Veteran, Passes at 65
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    GAA merges with AIMCAL
    Acucote expands Insights educational program
    S-OneLP launches Cannabis Resource Guide
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    P&G’s Sales Up 5%
    Ontex Tests Industrial Scale Diaper Composting
    Andritz to Supply Elliptical Cylinder Pre-Needler in France
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Conformis, Paragon 28 Ink Licensing Deal
    Surgalign Appoints Executive Vice President, Digital Surgery
    FDA OKs Zimmer Biomet's ROSA Partial Knee System
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Audi Unveiling 4-door Audi A6 e-tron Concept
    Nano Dimension Acquires DeepCube Ltd.
    SEMI, Center for Automotive Research Collaborate

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login