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Report description
A recent Market Intelligence Report published by Data Insights Partner on the Flexible Printed Circuit Market provides an in-depth analysis of the segments and sub-segments in the regional and international flexible printed circuit market. The research Also Emphasizes On The Impact Of Restraints, Drivers, And Macro Indicators In The Regional And Global Flexible Printed Circuit Cable Market
both in the short and long term. A detailed presentation of forecasts, trends and dollar values of the international Flexible Printed Circuit market is provided. According to the report, the flexible printed circuit market is projected to expand at a compound annual rate of 6.7% through 2027, which is expected to exceed the global market size of $ 90 billion by 2024.
Market information, drivers, restraints and market opportunity:
The future of flexible printed circuit boards is shining brighter to lower labor cost and reduce production errors. Flexible PCB eliminates the high cost of soldering, wrapping, and routing in the assembly process, thereby directly reducing the cost of manufacturing. This ability to save costs is driving the demand for flexible printed circuits. Flexible printed circuits are flexible like wire, so they are not static like rigid boards with only two dimensions. Therefore, Flexible Printed Circuits solve complex design problems, cable circuit errors, reduced assembly time for high-volume production, and lower production costs. The flexible circuit can move up to 500 million times without failure errors in the moving parts of the design. The polyimide in the circuit provides better thermal stability and allows the circuit to withstand the tasks involved with extreme heat. In addition to durability and thermal stability characteristics, flexible circuits reduce space use and packaging cost. Rigid boards weigh more than flexible boards and also use more space. The thinness of the flex circuit makes it durable for complex designs where rigid plates are difficult to fit. The flexibility and elasticity of the flex circuit makes it the best option available in the market for better designs in less assembly time; and minimum cost of packaging and manufacturing. Consumer electronics has been the main consumer of flexible printed circuits, but now the other categories, especially the automotive industry, are significantly increasing the use of these circuits. Asia Pacific is the leading region in terms of the growing demand for flexible printed circuits. The United States, China, Japan, Europe and South Korea are the countries that produce flexible printed circuits. In terms of consumption, the market has a wide network of countries. Some of the countries with the highest consumption of flexible printed circuits are China, India, Asia Pacific, the United States, Mexico, Indonesia, Australia, Vietnam, France, Italy, Russia, Central and South America, Brazil, the Middle East and Africa, Turkey , South Korea and GCC countries.
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Covered segment:
This market intelligence report on the Flexible Printed Circuit Board Market has been segmented by its type, segmentation based on application, key manufacturers, growing market size, and regional market shares. In terms of the type of flexible printed circuit, the flexible printed circuit market has been divided into rigid flexible circuits, single-sided flexible circuits, double-sided flexible circuits, multilayer flexible circuits and others. In terms of application, the flexible printed circuit market has been classified into telecommunications, computers and data storage, defense and aerospace, instrumentation and medicine, automotive, industrial electronics, consumer electronics and others. By main regions, it is divided into Europe, Japan, South Korea, the United States, China and the rest of the world. According to the application, consumer electronics contributes to a third of the market share in the use of the flexible printed circuit type. And by region, Asia Pacific has the highest revenue share of 60%, dominating the market worldwide.
Market Player Profiles:
There are many multinational companies that are investing in the growing market for flexible printed circuits. Most companies target the large portion of potential consumers in Asia Pacific and North America. The key players observed in the study are: Zhen Ding Technology Holdings Ltd, SEMCO, Hannstar Board Technology, Career Technology, Flexcom, Sumitomo Electrics Industries, Interflex Ltd, New Flex Technology, Nitto Denco Tachnology, NOK, Unimicron, Fujikura Ltd, Multek, Tripod and Young Poong among others.
Report highlights:
This business intelligence report provides an in-depth analysis of micro and macro indicators, market trends, and demand forecasts. Additionally, the report provides a vivid picture of the factors that are driving and restraining the growth of this market in all geographic segments. In addition to that, the IGR-Growth Matrix analysis is also provided in the report to share information on investment areas that new or existing market players may consider. Various analytical tools such as DRO analysis, Porter’s Five Forces analysis have been used in this report to present a clear picture of the market. The study focuses on current market trends and provides a market forecast for the year 2019-2027. This report has highlighted emerging trends that would shape market demand for years to come. A competitive analysis in each of the geographic segments gives an idea of the market share of global players.
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Outstanding Features:
Ø This study provides a complete but detailed analysis of the Flexible Printed Circuit Board market, the market size (billions of US dollars) and the compound annual growth rate (CAGR (%)) for the forecast period: 2019-2027 , taking into account 2017 as the base year
Ø Explains upcoming revenue opportunities in various market segments and an attractive matrix of investment proposals for that market.
Ø This market intelligence report also provides fundamental information on various market opportunities, restraints, drivers, new product launches, competitive market strategies of major market players, emerging market trends, and regional perspectives.
Ø Profiling of key market players in the worldwide Flexible Printed Circuit Market is done taking into account various parameters such as Company Strategies, Distribution Strategies, Product Portfolio, Financial Performance, Key Developments, Geographic Presence, and Description general company
Ø The major market players covered by this report include names such as Zhen Ding Technology Holdings Ltd, SEMCO, Hannstar Board Technology, Career Technology, Flexcom, Sumitomo Electrics Industries, Interflex Ltd, New Flex Technology, Nitto Denco Tachnology, NOK, Unimicron, Fujikura Ltd, Multek, Tripod and Young Poong.
Ø The data in this report would allow managing authorities and business marketers to make informed decisions regarding product launches, government initiatives, marketing and expansion tactics, and technical improvement.
Ø The global market of flexible printed circuit market meets the needs of various stakeholders belonging to this industry, namely suppliers, product manufacturers, investors and distributors of the flexible printed circuit market. The research also addresses the growing needs of research and consulting firms, financial analysts, and new market entrants.
Ø The research methodologies that have been adopted for the purpose of this study have been clearly elaborated to facilitate a better understanding of the reports.
Ø The reports have been made based on the guidelines established by the General Data Protection Regulation.
Ø A large number of examples and case studies have been considered before reaching a conclusion
