The future of the flexible printed circuit board (FPC) market looks promising with opportunities in the computer/peripherals, telecommunications, consumer electronics, medical, automotive, and aerospace and defense industries. The  FPC market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $23.4 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market are increasing demand for FPC in the telecommunication industry, growth in connected device, and advancement in automotive electronics.

 

Emerging trends, which have a direct impact on the dynamics of the industry, include miniaturization of electronic devices and growing demand for low loss/high speed PCBs. NOK Corporation, Zhen Ding Technology, Sumitomo, Flexium Interconnect, Fujikura, Nitto Denko, Compeq Manufacturing, Samsung Electro-Mechanics, Unimicron, and Young Poong Electronics are among the major manufacturers of FPCs..

 

A total of 123 figures / charts and 102 tables are provided in this 186 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of FPC market report download the report brochure.

 

In this market, telecommunication is the largest end use industry of flexible PCB market, whereas Multi-Layer FPC is largest by technology. Growth in various segments of the global flexible PCB market are given below:

Flexible PCB Market by Segments