Flexible Printed Circuit Board Market Expected To Grow By USD 1.64 Billion | Growing adoption of smartphones to drive growth

Flexible Printed Circuit Boards Market: Pilot

One of the key factors driving the flexible circuit board market growth is the growing adoption of smartphones. Smartphone adoption is increasing globally due to the availability of low cost smartphones and increased internet penetration globally. Developing countries such as India and China are emerging markets for smartphones due to increasing disposable income and large population.

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Flexible Printed Circuit Boards Market: Segmentation Analysis

The flexible printed circuit board market has been segmented by end user (consumer electronics, automotive, industrial, and others) and geography (APAC, North America, Europe, MEA and South America).

By end user, the consumer electronics segment will dominate the flexible printed circuit board market during the forecast period. Consumer electronics require compact, multifunctional, flexible and economical PCBs. Flexible PCBs offer space saving, reliability, low mass and high ductility.

By geography, APAC is expected to dominate the market, with 89% share during the forecast period, with China, Taiwan, and Japan being the key countries. The high concentration of consumer electronics manufacturers, such as display device manufacturers and OLED panel manufacturers, will drive the growth of the flexible printed circuit boards in APAC during the forecast period.

To learn more about the contribution of each segment of the flexible printed circuit board market, See our free sample

Associated reports:

  • Printed circuit board market: The PCB market has been segmented by product (4-6 bottom, substrates, 1-2 sided, flexible and others), end user (communication network infrastructure, consumer electronics, automotive electronics, military and aerospace, and others ), and geography (APAC, North America, Europe, MEA and South America). Download a free sample report
  • Solid State Drive (SSD) Market: The Solid State Drive (SSD) market has been segmented by type (TLC, MLC, and SLC) and geography (APAC, North America, Europe, South America, and MEA). Download a free sample report

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Some of the main topics covered in the report include:

Market challenges

Market factors

Market trends

Supplier landscape

  • Covered suppliers
  • Supplier ranking
  • Positioning of sellers in the market
  • Competitive scenario

Scope of the flexible printed circuit board market

Cover of the report


Page number


Year of reference


Forecast period


Growth dynamics and CAGR

Accelerate to a CAGR of 3.73%

Market growth 2022-2026

$ 1.64 billion

Market structure


Annual growth (%)


Regional analysis

APAC, North America, Europe, MEA and South America

Efficient contribution to the market

89% APAC

Main consumer countries

China, Taiwan, South America, Japan and the United States

Competitive landscape

Leading companies, Competitive strategies, Scope of consumer engagement

Key companies profiled

AT and S Austria Technologie et Systemtechnik Aktiengesellschaft, Cicor Technologies Ltd., Eltek Ltd., RAYMING TECHNOLOGY, Shenzhen Kinwong Electronic Co. Ltd., Sumitomo Electric Industries Ltd., Suzhou Dongshan Precision Manufacturing Co., Ltd., TTM Technologies Inc., Unimicron Technology Corp. and Zhen Ding Technology Holding Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Analysis of COVID-19 Impact and Recovery, and Future Consumer Dynamics, Analysis of Market Status for the forecast period


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About Technavio

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

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SOURCE Technavio

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