Trouble in Your Tank: Understanding Interconnect Defects, Part 1
It’s Only Common Sense: Marketing Isn’t Fluff, It’s Ammunition
Driving Innovation: Mechanical and Optical Processes During Rigid-flex Production
Flexible PCB Market to Reach $38.27 Billion by 2026
February 27, 2018 | PRNewswireEstimated reading time: 2 minutes
According to a new research report by Transparency Market Research (TMR), there is an intense competition among the major leading players operating in the global flexible printed circuit board (FPCB) market, including Career Technology (Mfg.) Co. Ltd., Flexcom Inc., Daeduck GDS., Fujikura Ltd., Sumitomo Electric Industries Ltd., Multi-Fineline Electronix Inc. (MFLEX), Interflex Co. Ltd, Nitto Denko Corp., NewFlex Technology Co. Ltd., and NOK Corp. These players are expected to witness continued rivalry amongst themselves over the next few years, thanks to their increasing involvement into strategic partnerships and mergers and acquisitions, notes the market study.
As per the research report, the global market for flexible printed circuit boards, which was worth $14.51 billion in 2017, anticipated to expand at a CAGR of 11.80% over the period from 2018 to 2026 and reach a value of $38.27 billion by the end of the period of the forecast. Among the products available in this market, multi-layer flex circuits enjoy a greater demand and this trend is projected to remain so over the next few years. The instrumentation and medical, computer and data storage, telecommunication, defense and aerospace, consumer electronics, automotive, and the industrial electronics sectors have emerged as the leading end users of flexible printed circuit boards across the world. Geographically, Asia Pacific has been dominating the global market over the last few years and researchers anticipate this scenario to continue in the near future, states the research report.
Rise in Consumer Electronics Industry to Boost Global Flexible Printed Circuit Boards Market
"The significant rise in the consumer electronics industry, led by the growing demand for smartphones, tablets, and LCD displays, in has been influencing the sales of flexible printed circuit boards substantially, says the author of this study. These boards find noticeable application in mechanically supporting and electronically connecting a number of electronic components with the help of conductive pathways, which, in turn, is reflecting on their demand substantially. The increasing awareness among consumers regarding the advantages of these boards, such as compact design and low weight, in comparison with rigid or conventional PCBs is likely to boost the growth of the global flexible printed circuit boards market in the years to come, reports the research study.
Sluggish Uptake of Technology in Emerging Economies to Hinder Growth
On the other hand, the sluggish uptake of technology in emerging economies may hinder the growth of the worldwide flexible printing circuit board market in the years to come. However, the rising demand for these boards in the aviation and the defense industries is expected to create new growth avenue for players operating in this market over the next few years, states the research report.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
Nortech Systems Incorporated Earns AS9100 Certification for Monterrey, Mexico Facility
11/04/2025 | BUSINESS WIRENortech Systems, Incorporated, a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, announced that its Monterrey, Mexico, facility has achieved AS9100:D certification.
PsiQuantum, Lockheed Martin Form Strategic Collaboration to Accelerate Quantum Computing for Aerospace and Defense
11/04/2025 | BUSINESS WIREPsiQuantum and Lockheed Martin have signed a memorandum of understanding (MoU) to accelerate the development of quantum computing applications in aerospace and defense.
Aircraft Wire and Cable Market to surpass USD 3.2 Billion by 2034
10/30/2025 | Global Market Insights Inc.The global aircraft wire and cable market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of 5.9% to reach USD 3.2 billion by 2034, according to recent report by Global Market Insights Inc.
Honeywell Announces Updated Business Segment Structure Ahead Of Aerospace Spin-Off
10/28/2025 | HoneywellHoneywell announced its updated business segment structure ahead of the planned separation of its Aerospace Technologies business, expected in the second half of 2026, and its Solstice Advanced Materials business, expected to be completed on October 30, 2025.
Lockheed Martin Signs Strategic Partnership Framework with Korean Air
10/28/2025 | Lockheed MartinLockheed Martin is collaborating with Korean Air to explore opportunities to support the U.S. government’s (USG) Regional Sustainment Framework (RSF) initiative, as well as expand Maintenance, Repair, Overhaul & Upgrade (MROU) cooperation to third-country markets.