HMI Buffer for Printed circuit boards running in automatic mode
PCB from automatic screen printer to IR dryer
IoT, Automotive Electronics Supporting FPCB Industry Growth Rate
Flexible Printed Circuit Boards Market report, published by Allied Research, conjectures that the international market is supposed to get 27 billion by the year 2022, rising at a CAGR of 10.4Per-cent from 2016 To 2022.
Asia-Pacific dominated the world-wide market, in terms of revenue, accounting for more than 46Pct in 2015, and then North America.
FPCBs are regularly used across applications for example , LCD screen, mobile phone display, connectivity antennas, and flexible circuitry applied to re-chargeable batteries. Growth in demand for consumer electronic wares, boost in popularity of Internet of Things (IoT), and adoption of FPCBs in motor vehicle applications generate the market enlargement. Besides, rise in desire for computerized robots is predicted to offer valuable opportunities to market members. Multilayer FPCBs contributed the FPCBs market, and is anticipated to preserve this fad over the forecast period. Even so, the rigid-flex FPCBs sector is thought to find considerable boost in the near future, caused by the compact size and low power use.
Among end user, electronics dominated the world-wide market in the year 2015, accounting for roughly 30% share. Still, motor vehicle electronics is expected to get bigger at the maximum CAGR of 10.7%, due to rise in demand for robust units with boosted efficiency.
Asia-Pacific was the major revenue contributor in 2015, and is anticipated to maintain its importance in the foreseeable future, due to rise in amount of electronic applications. Besides, breakthroughs in electronic devices and industrial systems are expected to give a boost to the FPCBs market growth rate, specially in the Asian countries, like China, Japan, Oceania, and also India.
Flexible PCBs are extremely efficient interconnectivity solutions for a wide selection of electronic devices with complex circuits. Besides, they have loads of advantages for example , high efficiency and minimized system routine maintenance. Multilayer FPCBs represent almost 30% of the total FPCBs market, owing to their resilience and high efficiency. Furthermore, major desire for electronics applications and customer shift towards compact printing to attain better efficiency are anticipated to fuel its use in the electronic devices, motor vehicle, and other industry sectors, states Jeshin Jayamon, Research Analyst, Semiconductor & Electronics Research, Allied Market Research.
LAMEA is expected to grow at the maximum CAGR over the analysis period of time, due to rise in convenient appliances and increase in the use of FPCBs in motor vehicle applications. Besides, technological enhancements to prevail over power loss problems in extreme conditions are forecasted to provide beneficial opportunities for market gamers very soon.
Major Discoveries Of The Flexible PCB Market
In 2015, multilayer FPCBs guided the world-wide FPCBs market, in terms of revenue, and is estimated to grow at a CAGR of 10.7Per-cent during the forecast period of time.
Consumer electronics led the market, accounting for about 30% share in the year 2015.
China was the significant shareholder in the Asia-Pacific FPCBs market, accounting for about 34% in 2015.
The critical gamers doing business in the FPCB market have adopted new product roll-out as their ideal strategy to grow their market foothold. The primary members highlighted in this report consist of NOK Corporation (Nippon Mektron Ltd.), Sumitomo Electric Industries, Ltd. (SEI), Fujikura Ltd., Multi-Fineline Electronix, Inc., Zhen Ding Technology Holding Limited (ZDT), Nitto Denko Corp., Interflex Co., Ltd., Career Technology, FLEXium Interconnect, Inc., and also ICHIA Technologies Inc.