Flexible Printed Circuit Board Market Demand by Forecast to 2027 | Impact of COVID-19

 Market Synopsis

The global flexible printed circuit board market is expected to exhibit a strong 12.6% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global flexible printed circuit board market is expected to reach a valuation of USD 27.9 billion by 2023, according to the report. The report presents a detailed evaluation of the global flexible printed circuit board market’s historical growth trajectory and present condition, providing studied forecasts based on the market’s historical growth trajectory. 

Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1198

The growing consumer electronics industry is likely to remain a major driver for the global Flexible Printed Circuit Board Market Share over the forecast period and beyond. Consumer electronics have grown in demand over the last few years due to the growing disposable income of urban consumers and the growing demand for high-value consumer electronics that can impart a certain class upon the consumers. Flexible display devices, being at the cutting edge of technology, are becoming highly popular among consumer electronics consumers. This is likely to drive the demand from the flexible printed circuit board market over the forecast period.

Key Players:

Leading players in the global flexible printed circuit board market include Zhen Ding Tech, Daeduck GDS Co. Ltd., MFS Technology, Nitto Denko Corporation, Fujikura Ltd., Interflex Co. Ltd., Flexible Circuit, Sumitomo Electric Industries Ltd., bhflex Co. Ltd., and Career Technologies.

Market Segmentation:

The global flexible printed circuit board market is segmented on the basis of type, application, and region.

  • By Type, the global flexible printed circuit board market is segmented into multilayer flex, rigid flex, double-sided flex, and single-sided flex. The multilayer flex segment holds a dominant share of more than 33% of the global flexible printed circuit board market and is likely to remain the dominant segment over the forecast period. The segment was valued at more than USD 5.2 billion in 2017.
  • By Application, the global flexible printed circuit board market is segmented into consumer electronics, manufacturing, aerospace and defense, medical devices, automotive, wearables, and others. The consumer electronics segment holds a valuation of more than USD 5.3 billion as of 2017 and is likely to remain the leading revenue generator in the global flexible printed circuit board market over the forecast period.

Regional Analysis:

The global market for flexible printed circuit board market is projected to expand generously during the assessment period. The regional analysis of North America, Asia-Pacific, Europe, and the Rest of the World (RoW) has been performed. According to MRFR, the APAC region is likely to be the most lucrative and largest market during the assessment period. The region acquires more than 50% of the market share. Countries such as Taiwan, China, and South Korea are projected to make the most substantial contribution in flourishing the regional market. APAC is also chosen as one of the most ideals region to invest. Besides, China is one of the largest electronic manufacturing hubs in the world.

Further, there are several macro and microeconomic factors that are driving the regional market. As per the research, the second position is attained by North America. The region is predicted to expand at the highest CAGR during the review period. The market is estimated to hold a substantial value of USD 3,300 million. The region is estimated to flourish due to the presence of various established players. Europe and RoW are projected to grow significantly during the forecast period.

However, the market graph is estimated to change due to the outbreak of COVID-19. Various regions have been under the observation of lockdown.

Get Complete Report @ https://www.marketresearchfuture.com/reports/flexible-printed-circuit-board-market-1198

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Comments

Post a Comment

Popular posts from this blog

Silicon-on-Insulator Market Global Trends, Size, Segments and Growth till 2027

  The market is expected to continue moving towards advanced expansion mode. In this regard, Market Research Future (MRFR) states that the global silicon-on-insulator market is poised to create a valuation of USD 2,403.9 MN by 2026, registering a 15.5% CAGR during the assessment period (2020-2026). Extensive uptake of SOI technology in various electronic devices substantiates the market size. Get Sample of Report @  https://www.marketresearchfuture.com/sample_request/10135      Global Silicon-on-Insulator Market – Segments The  Silicon-on-Insulator Market  Report is segmented into types, wafer sizes, technologies, applications, verticals, and regions. The type segment is sub-segmented into fully depleted silicon on insulator (FD-SOI), partially depleted silicon on insulator (PD-SOI), power-SOI, and others. The wafer size segment is sub-segmented into less than or equal to 200mm and 201mm and above. The technology segment is sub-segmented into bonding S...
Read more

Intelligent Sensor Market Key Leaders, Emerging Technology, future 2027

  Intelligent Sensor Market Global Market - Overview Worldwide Intelligent Sensors market is expected to grow from USD 18 billion in 2017 to USD 47.20 billion by 2027, at a compound annual growth rate (CAGR) of 12% during the forecast period. The Intelligent Sensors Market is estimated to witness tremendous opportunities in the biomedical, healthcare, and consumer electronics sectors, hence, supplementing the intelligent sensors market growth. Get Free Sample Report @  https://www.marketresearchfuture.com/sample_request/2084 Key Players: The prominent players in the market of  Intelligent Sensor Market  are – Custom Sensors & Technologies, Inc. (U.S.), Delphi Automotive LLP (U.K.), ABB Ltd. (Australia), Analog Devices, Inc.(U.S.), Honeywell International, Inc. (U.S.), Robert Bosch GmBH (Germany), Meggitt Sensing Systems (U.S.), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) and  Infineon Technologies AG (Germany)  among others. Global Intel...
Read more

Smart Street Lights Market Analysis, Emerging Technology, Sales Revenue 2027

  Smart Street Lights Market-Overview The escalation in demand for energy-efficient LED lights is anticipated to motivate the smart street lights market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for expansion.  An earning of USD 12,404.1 million is predicted while growing at a 22% CAGR by 2023. Get Sample of Report @  https://www.marketresearchfuture.com/sample_request/5966 Detailed Regional Analysis The regional examination of the  Smart Street Lights Market Forecast  Research Report consists of North America, Asia Pacific, Europe, and the rest of the regions. The European region is accepted to have momentous growth in the smart street lights market. The prevalence of countries such as Norway, the U.K, Germany, and France are the major nations in the market. Their intensification is accredited to the speedily escalating adoption of smart street lights in electric vehicles, which is conversely expected...
Read more