According to a new report, published by KBV research, The Global Flexible Printed Circuit Boards Market size is expected to reach $48.7 billion by 2030, rising at a market growth of 10.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 69,13,230.9 million Units experiencing a growth of 10.4% (2019-2022).
The Consumer Electronics segment is generating the highest revenue in the Global Flexible Printed Circuit Boards Market, by End User in 2022; thereby, achieving a market value of $17.1 Billion by 2030. Consumer electronics, particularly smartphones and tablets, heavily rely on FPCBs. The demand for sleek, lightweight, and foldable devices has led to an increased adoption of FPCBs due to their flexibility to accommodate intricate designs. The popularity of wearables like smartwatches, fitness bands, and health monitoring devices has led to a heightened demand for FPCBs. These wearables depend on flexible and miniaturized circuitry enabled by FPCBs. As a result, the segment will expand rapidly in the coming years.
The Multilayer FPCB segment is experiencing a CAGR of 10.8% during (2023 - 2030). Multilayer FPCBs have gained prominence in the consumer electronics sector, particularly in smartphones, tablets, laptops, and other portable devices. The trend toward smaller, thinner, and more compact electronic gadgets has led to the adopting of multilayer FPCBs to accommodate complex, densely packed components while maintaining a slim form factor. These aspects will boost the demand in the segment.
The Asia Pacific region dominated the Global Flexible Printed Circuit Boards Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.5 Billion by 2030. The Europe market is anticipated to grow a CAGR of 10% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 9.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/flexible-printed-circuit-boards-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysi s in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sumitomo Electric Industries, Ltd., Nitto Denko Corporation, Suzhou Dongshan Precision Manufacturing Co., Ltd., Fujikura Ltd., Benchmark Electronics, Inc., NOK Corporation, Ichia Technologies Inc., Zhen Ding Technology Holding Limited, Flexium Interconnect, Inc. and Interflex co., ltd.
By End User (Volume, Million Units, USD Billion/Million, 2019-2030)
By Type (Volume, Million Units, USD Billion/Million, 2019-2030)
By Geography (Volume, Million Units, USD Billion/Million, 2019-2030)
Companies Profiled
Unique Offerings 
