Printed Circuit Board (FPCB) Market Report | Printed Circuit Board (FPCB) Market
Flexible Printed Circuit Board (FPCB) market is expected to increase from USD 14.9 billion in 2017, to USD 30.6 billion in 2024, at a significant CAGR of 10.8% from 2018 to 2024.The factors driving the FPCB market are increasing demand for smart-phones and handheld devices, growing popularity of Internet of Things (IoT) and increasing scope of application of FPCB in various industries such as consumer electronics, automotive, telecommunication, healthcare, defense and aerospace industries. Increasing demand of cost effective wiring systems also fuels the global FPCB market. By contrast, evolutionary nature of semiconductor and electronics may restrain the growth of the market.
Flexible printed circuit boards (FPCBs) are used to electrically connect and mechanically support various electronic components. FPCB are mainly used in display (LCD Panel and Touch screen), optical drives, hard disks, electronic video cameras, computing (HDD and ODD), communication and automotive industry. FPCB used for small RF/microwave antennas and high vibration environment circuits in defense and aerospace sector. FPCB are incorporated in various industries and are widely used in industrial electronics, telecommunication, automobiles, healthcare, consumer electronics, aerospace and defense. Technological advancement such as reliability of systems, miniaturization of the electronic components and energy efficiency are some factors owing to increasing demand for FPCB in various industries and sectors. Furthermore, the increasing demand of handheld devices such as smart-phones and tablets with rising disposable income and technological innovations makes FPCB more popular among mobile device manufacturer.
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|Target State: New York|
Target City : All Cities
Last Update : Sep 14, 2018
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|Item Owner : Energias Market Research|
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