Flexible Printed Circuit Boards Market Garnered US$ 16.56 Bn In The Year 2018

1. Flexible Printed Circuit Boards Market - Growth, Size, Share, Forecast, industry Analysis 2019 - 2027 Flexible Printed Circuit Boards Market Garnered US$ 16.56 Bn In The Year 2018 According to a new market research report published by Credence Research, “Flexible Printed Circuit Boards Market(By Type (Single Sided FPCB, Double Sided FPCB, Multi-layer FPCB, Rigid-flex FPCB, and Others), By Industry Verticals (Aerospace & Defense, Consumer Electronics, Telecommunication, Automotive, Healthcare, and Others), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) - Growth, Future Prospects, and Competitive Landscape, 2019 -2027”, the global flexible printed circuit boards market was valued at US$ 16.56 Bn in the year 2018 and expected to reach US$ 41.04 Bn by year 2027, expanding at a CAGR of 10.6% during the forecast from 2019 to 2027. Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/flexible-printed-circuit-boards-market Market Insights Escalating demand for miniaturized electronic and industrial products favors the growth of Flexible Printed Circuit Boards (FPCBs). The FPCBs offer great flexibility to engineers while designing a low cost, high reliability and lightweight miniaturized product. They are also preferred in the heat-sensitive electronics and products as they are better able to counteract the thermal stress as compared to rigid PCBs. Their multiple benefits have driven the adoption of flexible circuits in a wide range of areas such as consumer electronics, automotive, medical, and many other sectors. In addition, increasing penetration of connected and smart devices is further expected to boost the demand for flexible circuits in the coming years. Recently, Ericsson forecast that the total number of connected devices is expected to mark 29 Billion by the year 2022, with a CAGR of nearly 20%. By type, Multi-layered FPCB dominated the global flexible printed circuit boards market in the year 2018. On the contrary, rigid-flex FPCB witnesses the fastest growth of nearly 12% during the forecast period. The growth of the rigid-flex FPCB is flourishing greatly due to its large application in smart and connected technologies. Consumer electronics manufacturers invest significantly in the technology to develop next-generation devices. For instance, in July 2017, Apple invested tens of millions of dollars in rigid-flex PCBs for its upcoming OLED iPhone 8. The new PCB helped to connect chips with each part of the smartphone such as display screen and camera. Access Free Sample Copy of Research Report @ https://www.credenceresearch.com/sample- request/60062 By geography, the global flexible PCBs market report is analyzed for North America, Europe, Asia Pacific, and Rest of the World regions. The Asia Pacific is the frontrunner in the global flexible PCBs market as well as expected to register the highest growth over the analysis period. Profound growth of consumer electronics accounted for one of the prime factors for the Asia Pacific to have a splendid share in the global market. China, Japan, Korea, and Taiwan are the major production hubs in the Asia region. The global flexible PCB market is highly fragmented and competitive owing to the presence of a large number of players. The players are largely focused towards innovation and development and accordingly invest significantly in the R&D sector. Recently, Cicor, a European PCB manufacturer invested in new ESI UV laser drilling technology of MKS Instruments Inc. Furthermore, the companies

2. have adopted the merger and acquisition strategy to behold a strong footprint in the market. For instance, in June 2017, Compunetics Inc. announced to acquire Circuits LLC, a flexible PCB manufacturer of the USA. Access Free Sample Copy of Research Report @ https://www.credenceresearch.com/sample- request/60062 Some of the leading competitors profiled in the global flexible PCBs market report includes NOK Corporation (Nippon Mektron Ltd.), Flexcom Inc., Fujikura Ltd., Sumitomo Electric Industries Ltd. (SEI), Zhen Ding Technology Holding Limited (ZDT), Multi-Fineline Electronix Inc., 3M Company, FLEXium Interconnect Inc., Career Technology, Interflex Co. Ltd., and ICHIA Technologies Inc. among others. About Us: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. Contact: Credence Research Inc Name: Chris Smith (Global Sales Manager) E-mail: sales@credenceresearch.com Ph: 1-800-361-8290 Web: https://www.credenceresearch.com