Internet Of Things, Automotive Devices Pushing Flex Printed Circuit Board Industry Expansion

Flexible PCB Market report, created by Allied Survey, forecasts that the worldwide market is anticipated to garner 27 billion dollars by 2022, growing at a CAGR of 10.4Pct from 2016 To 2022.

Asia-Pacific dominated the global market, as to revenue, making up in excess of 46% in 2015, then Canada And America.

FPCBs are popular across applications like LCD screen, handset display, connectivity antennas, and flexible circuitry applied to rechargeable batteries. Increase in demand for consumer electronic goods, surge in passion for Internet of Things (IoT), and adopting of FPCBs in automobile applications drive the market growth. Besides, rise in desire for computerized bots is believed to allow for profitable opportunities to market gamers. Multilayer FPCBs headed the FPCBs area, and is expected to preserve this trend through the forecast period. Then again, the rigid-flex FPCBs segment is supposed to view vital growth in the long term, thanks to the lightweight size and minimal power consumption.

Among end user, gadgets led the international market in 2015, comprising close to 30% market share. However, auto electronics is anticipated to raise at the maximum CAGR of 10.7%, owing to rise in demand for long lasting units with improved efficiency.

Asia-Pacific was the important revenue donor in the year 2015, and is anticipated to keep up its prominence down the road, as a result of increase in number of electronic applications. More so, developments in consumer electronics and industrial systems are estimated to lift the FPCBs market growth rate, mainly in the Asian countries, for example China, Japan, Oceania, as well as India.

Flexible PCBs are highly successful interconnectivity solutions useful for a variety of electronic devices with complex circuits. Further, they have a number of edges just like high efficiency and lowered system repairs and maintenance. Multilayer FPCBs make up just about 30% of the entire FPCBs market, thanks to their resilience and high efficiency. Additionally, large need for electronics applications and customer shift towards compact printing to achieve better efficiency are anticipated to fuel its usage in the consumer electronics, auto, and other industry sectors, suggests Jeshin Jayamon, Research Analyst, Semiconductor & Electronics Research, Allied Survey.

LAMEA is anticipated to develop at the highest CAGR all through the analysis period, owing to rise in lightweight appliances and increase in the adoption of FPCBs in auto applications. At the same time, technological developments to overcome power loss worries in extreme situations are estimated to offer money-making chances for industry members anytime soon.

Key Discoveries Of The Flexible PCB Industry

In 2015, multilayer FPCBs dominated the international FPCBs market, as far as revenue, and is anticipated to get bigger at a CAGR of 10.7Per-cent through the forecast period.

Consumer electronics headed the market, comprising roughly 30% share in the year 2015.

If you cherished this article and you would like to receive more info regarding LoRa GPS tracker ( please visit our own webpage. China was the main shareholder in the Asia-Pacific Flexible PCBs market, making up approximately 34% in 2015.

The key competitors working in the FPCB market have adopted new product roll-out as their ideal tactic to enlarge their market foothold. The big participants profiled in this report consist of NOK Corporation (Nippon Mektron Ltd.), Sumitomo Electric Industries, Limited. (SEI), Fujikura Limited., Multi-Fineline Electronix, Inc., Zhen Ding Technology Holding Ltd. (ZDT), Nitto Denko Corp., Interflex Co., Ltd., Career Tech, FLEXium Interconnect, Incorporated., plus ICHIA Technologies Corporation.
21.05.2019 07:41:13
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