Flexible Printed Circuit Board Market
The market is segmented by product type into single sided double sided multilayer and rigid flex circuits out of which the multilayer flex circuit segment is anticipated to have leading shares in the global.
Flexible printed circuit board market. The global flexible printed circuit board market shares segmented into americas europe asia pacific and the middle east africa. Flexible printed circuit boards fpcbs market overview. News and updates. The global flexible printed circuit boards market was valued at 12 9 billion in 2018 and is projected to expand at a cagr of 11 2 during the forecast period.
Flexible printed circuit boards market size and forecast. Is estimated at us 3 8 million in the year 2020. Rising demand of miniaturized electronic products is expected to spur the flexible printed circuit boards market. Flexible printed circuit board market is likely to surpass a valuation of usd 27 900 mn by the year 2023 and exhibit a strong cagr of 12 6 from 2018 to 2023.
The global printed circuit board pcb market will grow by usd 10 85 bn during 2020 2024. The country currently accounts for a 27 02 share in the global market. The report details the global flexible printed circuits market over the next six years 2015 2021. The global flexible printed circuit boards market report provides a holistic evaluation of the market for the forecast period.
1 2 sided market size and forecast 2019 2024 flexible market size and forecast 2019 2024. The shift in consumer preference for miniaturized and pocket equipment has. The flexible printed circuit boards market in the u s. Global flexible printed circuit boards fpcbs market is anticipated to reach around 27 billion by 2022 growing at a cagr of 10 4 from 2016 to 2022.
The growth can be accredited to the rising demand for compact and flexible electronic devices across different industry verticals. Flexible printed circuit boards market was valued at usd 19 26 billion in 2019 and is projected to reach usd 42 01 billion by 2027 growing at a cagr of 10 3 from 2020 to 2027. The global flexible printed circuit board market is anticipated to record a cagr of 11 9 over the forecast period i e. The latest market intelligence study on multilayer flexible printed circuit board relies on the statistics derived from both primary and secondary research to present insights pertaining to the.