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Flexible Printed Circuit Boards Market Analysis and Forecast 2022 by Size, Share and Growth Rate

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Flexible Printed Circuit Boards Market Analysis and Forecast 2022 by Size, Share and Growth Rate

Flexible printed circuit board (FPCBs) are traces of conductive material on flexible substrate. These are used for avoiding complex structuring of wiring and other connections. Currently, FPCBs are extensively used in applications such as automotive electronics, consumer electronics, and industrial electronics. These are designed to overcome limitations of rigid PCBs and manual wiring, and are utilized for efficient interconnection in between electronic components such as integrated circuits, capacitors, and resistors.

The global flexible PCBs market is poised to witness significant growth during the forecast period, due their advantages such as lightweight nature, simple structuring, cost saving, and design freedom. Increase in applications of FPCBs in consumer electronics and automobile electronics, growth in disposable income of people towards these applications, and significant rise in demand for smartphones globally are projected to create numerous opportunities for growth.

Furthermore, strategies adopted by the FPCBs manufacturers, such as introduction of flexible diode display used in organic light-emitting diodes (OLED) and flexible solar cells for fulfilling power management need in satellites, are anticipated to further fuel the market growth. However, rise in number of choices for laminates leading to challenges in fabrication and inefficiency in error detection and handling methodologies are expected to hinder this growth.

The FPCBs market is segmented based on type, end user, and geography. The type segment is divided into single-sided FPCBs, double-sided FPCBs, multilayer FPCBs, rigid-flex FPCBs, and others. The end user segment is classified into consumer electronics, automotive electronics, industrial electronics, and others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, Oceania, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

MARKET SEGMENTATION
The global FPCBs market is segmented based on type, end user, and geography.

BY TYPE
Single-Sided FPCBs
Double-Sided FPCBs
Multilayer FPCBs
Rigid-Flex FPCBs
Others

BY END USER
Consumer Electronics
Automotive Electronics
Industrial Electronics
Others

BY GEOGRAPHY
North America
U.S.
Mexico
Canada
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
Oceania
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Source: http://www.openpr.com/news/447123/Flexible-Printed-Circuit-Boards-Market-Analysis-and-Forecast-2022-by-Size-Share-and-Growth-Rate.html