What is the Growth prediction rate of FPCB?
Estimation, for the FPCB global market by the end of 2026 is predicted to be around $ 30.6 billion. One reason behind this expansion is the increased responsiveness to the advantages of flexible printed circuits over Printed circuit boards.
Now, when considering the scope for FPCB globally, it is divided based on
• Geography
• Application
Going by type, further sub-divisions include both single & double-sided flex circuits, rigid-flex circuits, multi-layer flex circuits, etc.
The main areas of application are consumer electronics, automobiles, defense, telecommunications, and even computers and data storage.
• Geographical distribution:
Furthermore, geographically considering the FPCB growth market circulates between Asia Pacific, North America, Europe, and other segmented parts of the world. The primary market players are 3M Company, PLI internationals, Zhen Ding technology, Fujikura Ltd, etc. However, there are various reasons for the popularity of FPCB globally. One reason is,
Flexible printed circuits connote supporting various electronic components.
• Applicative distribution:
In the recent marketing scenario, the most dominant segment of the FPCB market is the consumer electronics segment.
Not only that, but FPCB these days also finds its uses in the healthcare sector. With the advancement in the medical filed, these circuits are used in health monitoring devices like pacemakers, defibrillators, cardiac rhythm management, etc.
What does FPCB market analysis unveil?
The market estimation is based on the revenue cultivated through local and regional pricing trends.
• The FPCB market forecast back in 2014 was around $ 12.68 billion,
• By the end of 2016 growth rate cultivated to 2.2% and arrived at $ 13.68 billion.
• The forecast for 2019 is 23.8 billion dollars.
Note: With the advent of technology, FPCB growth is estimated to reach to its ultimate level.
Now, even automobile industries are some of its major consumers. Automotive switches, information display centers, etc. all find their use in a flexible printed circuit. This, in turn, constitutes FPCB growth on a global scale.
Further, considering all the reports, the ultimate market value for FPCBs by the end of 2026 -30 will range between 30.6 billion- 33.8 billion USD.
Accordingly, if you’re looking for a company that falls under the leading names in FPCB global market, then look for the Just-in-time logistics of PLI Internationals.
They can be the partner you’re searching for to help you stay ahead of your game in this competitive business market. Their market experience goes back 30 years in the US and includes more than 10 years of overseas outsourcing. With a sharp knowledge of the market, this company is a perfect choice to help you establish your business.
So look for their services today, for productivity and timely delivery.
