Flexible PCB Market to Record $15.76 Billion Growth
December 1, 2022 | PRNewswireEstimated reading time: 1 minute
The Flexible Printed Circuit Board market will register an incremental spend of about USD 15.76 Billion, growing at a CAGR of 10.32% during the five-year forecast period. A targeted strategic approach to Flexible Printed Circuit Board sourcing can unlock several opportunities for buyers.
Key Highlights Offered in the Report:
- Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices.
- Gain information on relevant pricing levels, and a detailed explanation of the pros and cons of prevalent pricing models.
- Methods to help engage with the right suppliers and discover KPIs to evaluate incumbent suppliers.
Insights Into Supplier Selection and Evaluation:
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in Flexible Printed Circuit Board.
This report evaluates suppliers based on quality and purity tests of product samples, production capacity, certifications and accreditations, and geographical presence. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, working environment, quality control, SLA nuances, acceptance criteria, legal requirements, change management procedures, pricing models, and penalty clauses.
Key Drivers and Trends Fueling Market Growth:
The pressure from substitutes and a moderate level of threat from new entrants have resulted in the low bargaining power of suppliers.
Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price-influencing factors. During the forecast period, the market expects a change of 1.5%-2.5%.
- Identify favorable opportunities in Flexible Printed Circuit Board TCO (total cost of ownership).
- Expected changes in price forecast and factors driving the current and future price changes.
- Identify pricing models that offer the most rewarding opportunities.
Suggested Items
Optimizing mSAP to Produce Flex for Biofluid Sensor Probes
10/17/2024 | Dean Neuburger, Sheldahl Flexible TechnologiesImprovements in flexible printed circuitry technology offer solutions that enable advancement in other technologies, enabling new circuit design and capability possibilities for customers’ applications. This article will overview advancements developed and implemented to produce a flexible circuit that meets new and challenging requirements for a customer’s medical application. This discussion will highlight development ideas more than details about the final processing scheme.
nano3Dprint Unveils Cutting-Edge Conductive Silver Ink Products in Collaboration with Creative Materials
08/27/2024 | PRWEBnano3Dprint, a leading additive manufacturing and printed electronics solutions provider, is thrilled to announce the launch of its groundbreaking Conductive Silver Ink Products for use in nano3Dprint's A2200, B3300 and MatDep Pro 3D printers.
Smartkem to Present at The International Conference on Flexible and Printed Electronics (ICFPE) 2024
08/21/2024 | BUSINESS WIREThe presentation, given by Smartkem Head of Technology Transfer, Steven Tsai, will take place during a session titled "Flexible and Printed Electronics: New Technologies and Applications", moderated by Dr. Klaus Hecker, Managing Director at OE-A. Smartkem representatives will be in attendance throughout the conference, from Tuesday, August 28 to Friday, August 30, and will be available for 1-on-1 meetings.
Global Flexible PCB Market Rebounds in 2024, Driven by New Device Demand and Electric Vehicles
08/16/2024 | TPCATaiwan Printed Circuit Association (TPCA) and the Industrial Technology Research Institute (ITRI) recently released the "2024 Global Flexible PCB Industry Overview and Development Trends" report. It forecasts that the global flexible PCB market will gradually recover from the downturn in 2023, with the market size (including rigid-flex PCBs, the same below) expected to reach USD 19.7 billion in 2024, representing a 7.3% year-on-year growth.
All Flex Solutions Adds Talent to Flexible Circuit Assembly
08/14/2024 | All Flex SolutionsThe Flexible Circuit Assembly Center of Excellence at All Flex Solutions is pleased to announce a key hire and a promotion in their operation in Bloomington, Minnesota.