Flexible Printed Circuit Boards Market to grow at a CAGR of 10.725 percent to reach USD 40.81 Bn by 2029

(IT-NEWSWIRE.COM, June 30, 2023 ) As per Maximize Market research, the total global market for “Flexible Printed Circuit Boards Market” was USD 20 Bn in 2022 and is expected to grow at a CAGR of 10.725 percent over the forecast period to reach USD 40.81 Bn by 2029.

Flexible Printed Circuit Boards Market Report Scope and Research Methodology

The Flexible Printed Circuit Boards market report provides us with an in-depth analysis of the key trends, dynamics, and other issues. The key findings of the report comprise the market sizing, its segmentation, and competitive analysis of the industry. It covers the key insights of the market with a detailed regional, demand, and competitor analysis.

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Flexible Printed Circuit Boards Market Dynamics

The flexible printed circuit boards (PCBs) market is driven by the increasing demand for miniaturization and lightweight structure in multiple electronic devices, including smartphones, wearable devices, and automotive electronics. The enlargement of the Internet of Things (IoT) and the growing utilization of connected devices provide the demand for flexible PCBs.

Flexible Printed Circuit Boards Market Regional Insights

Asia Pacific is a large market for flexible PCBs, with various electronics manufacturers and a robust consumer electronics industry. The United States sets a significant share in the flexible PCBs market.

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Flexible Printed Circuit Boards Market Segmentation

By Type

Single-sided FPCBs

Double-sided FPCBs

Multi-layer FPCBs

Rigid-flex FPCBs

By Technology

Etched Copper

Additive

Semi-Additive

By End-User

Automotive

Consumer Electronics

Industrial Applications

Healthcare

Aerospace & Defense

Others

Flexible Printed Circuit Boards Market’s Key Competitors include

Nippon Mektron Ltd.

Fujikura Ltd.

Sumitomo Electric Industries, Ltd.

Nitto Denko Corporation

Zhen Ding Technology Holding Limited

Career Technology (MFG.) Co. Ltd.

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Maximize Market Research is leading Electronics research firm, has also published the following reports:

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Flexible Printed Circuit Boards Market to grow at a CAGR of 10.725 percent to reach USD 40.81 Bn by 2029