Global Flexible PCB Market to Grow at a CAGR of 12.4% During 2016-2024


Posted June 15, 2018 by Steveblade

According to Goldstein Research, global flexible PCB market is expected to reach USD 32.1 billion by 2024
 
According to Goldstein Research, global flexible PCB market is expected to reach USD 32.1 billion by 2024 from USD 12.4 billion in 2016, growing at a CAGR of 19.0% over the forecast period 2016-2024. Growing demand for advanced wearable devices coupled with compact and flexible electronic devices is pushing the growth of flexible printed circuit board market. Global flexible PCB market segmentation has been done on the basis of product type, end-users and geography. Flexible PCBs are much more reliable and major replacement of conventional wiring interconnectivity, which is thus propelling growth of global FPCB market.

Global flexible PCB industry is largely dominated by Asia Pacific in 2016 with more than USD 5.2 billion revenue share due to presence of largest hub of semiconductors manufacturers, increase investment in flexible PCB technology in flexible PCB market in nearby future. North America is the second largest market, which is anticipated to grow significantly due to growing demands of electronic consumers, smart automotive applications and fastest growing IoT market.

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Market Segmentation

On the basis of our in-depth analysis, Global Flexible PCB Market can be segmented as follows:

By Product Type

o Single Sided Flex Circuits
o Double Access Flex Circuits
o Double Sided Flex Circuits
o Multi-Layer Flex Circuits
o Rigid Flex Circuits

By End Users

o Healthcare & Medical Equipment
o Computers & Data Storage
o Consumer Electronics
o Automotive
o Telecommunications
o Defense & Aerospace
o Industrial Electronics

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Flexible PCB Market Outlook 2024” contains detailed overview of the global flexible PCB market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and end-users.
Further, for the in-depth analysis, Global Flexible PCB Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as L.G Innotek, 3M, Nitto Denko Corp., NewFlex Technology Co. Ltd., Interflex Co. Ltd., Sumitomo Electric Industries Ltd., Fujikura Ltd., Flexcom Inc., Daeduck GDS, Career Technology (Mfg.) Co. Ltd., NOK Corporation, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global flexible PCB market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our global market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on hardware & ICT market analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact more info:
Steve Blade
(Global Sales Head)
USA : +1-646-568-7747
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UK : +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Categories Industry
Tags flexible PCB market , flexible PCB market report , flexible PCB market trends
Last Updated June 15, 2018