The FPC in the global aerospace & defense market is expected to grow with a CAGR of 4.9% from 2023 to 2028

June 20, 2023

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According to a market report by Lucintel, the future of FPC in aerospace & defense market looks promising with opportunities in the single layer, double layer, multi- layer, and rigid-flex markets. FPC in the global aerospace & defense market is expected to reach an estimated $0.74 billion by 2028 with a CAGR of 4.9% from 2023 to 2028. The major drivers for this market are increasing military expenditure around the world, growing usage of robotic applications in the field of military, and widespread use of FPC in radio communications systems, space shuttles, aeroplanes, and other aerospace equipment.

In this market, polyimide and polyester are the two major segments of FPC in aerospace & defense market by laminate material type. Lucintel forecasts that polyimide is expected to witness highest growth over the forecast period due to significant use of these material based FPC in the aerospace sector owing to its strong heat resistance, electrical insulation, and high strength properties.
Within this market, multi-layer is expected to witness highest growth over the forecast period due to its widespread use in the aerospace and defence sectors as they provides dynamic high-density circuit.

APAC is expected to witness highest growth over the forecast period due to increasing military expenditure in the region.
Zhen Ding Technology Holding Limited (ZDT), NOK Corporation, Sumitomo Electric, Flexium Interconnect, and Fujikura are the major suppliers in the FPC in the global aerospace & defense market.  

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for FPC in the global aerospace & defense market by laminate material type, technology, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities for FPC in the Global Aerospace & Defense Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the FPC in the global aerospace & defense market by laminate material type, technology, and region, as follows:

FPC in Aerospace & Defense Market by Laminate Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Polyimide
  • Polyester
  • Others

FPC in Aerospace & Defense Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Single Layer
  • Double Layer
  • Multi- Layer
  • Rigid-Flex

FPC in Aerospace & Defense Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
 

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
 

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the FPC in aerospace & defense market by laminate material type (polyimide, polyester, and others), technology (single layer, double layer, multi-layer, and rigid flex), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
 

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