Global Rigid-Flex PCB Market 2023: Growing Demand for Industrial Electronics in Factory and Building Automation Fuels the Sector - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Rigid-Flex PCB Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global rigid-flex PCB market is expected to reach an estimated $2.3 by 2028 with a CAGR of 6.9% from 2023 to 2028.
The major drivers for this market are growing demand for industrial electronics in factory automation and building automation application and increasing usage of these PCBs in advanced applications, such as automobiles, testing and measuring Quipment, and others.
The future of the rigid-flex PCB market looks promising with opportunities in the healthcare & pharmaceutical, automotive, industrial electronic, aerospace & defense, consumer electronic, and maritime transport industries.
Market Segmentation
by Board Type
- 2 Layer
- 4 Layer
- 6 Layer
- 8 Layer
- 10 Layer, and Above
by Component
- Capacitors
- Diodes
- Integrated Circuits (ICS)
- Resistors
by Patterning TechnQue
- Silk Screen Printing
- PCB Milling
- Photoengraving
by End Use Industry
- Healthcare & Pharmaceutical
- Automotive
- Industrial Electronics
- Aerospace & Defense
- Consumer Electronics
- Maritime Transport
- Others
by Region
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Rigid-Flex PCB Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain.
With these strategies, rigid-flex PCB companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rigid-flex PCB companies profiled in this report include-
- Nippon
- NCAB
- TTM Technologies
- Ibiden
- AT & S
Rigid-Flex PCB Market Insights
The analyst forecasts that 4 layer will remain the largest board type segment over the forecast period due to its increasing usage in consumer electronic, medical, and computer applications.
Consumer electronics is expected to remain the largest end use segment due to continuously increasing digital connectivity has necessitated the usage of portable and secure electronic devices. This has resulted in increasing the usage of PCBs in order to provide unbreakable, water resistant, and damage-free devices.
APAC will remain the largest region due to the growing demand for advanced healthcare devices and high-end consumer electronics in the region.
Features of the Rigid-Flex PCB Market
- Market Size Estimates: Rigid-flex PCB market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Rigid-flex PCB market size by various segments, such as by board type, component, patterning technQue, end use industry, and region
- Regional Analysis: Rigid-flex PCB market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different board types, components, patterning technQues, end use industries, and regions for the rigid-flex PCB market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the rigid-flex PCB market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following 11 key Questions
Q.1. What are some of the most promising, high-growth opportunities for the global rigid-flex PCB market by board type (2 layer, 4 layer, 6 layer, 8 layer, and 10 layer, and above), component (capacitors, diodes, integrated circuits (ICS), and resistors), patterning technQue (silk screen printing, PCB milling, and photoengraving), end use industry (healthcare & pharmaceutical, automotive, industrial electronics, aerospace & defense, consumer electronics, maritime transport, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
For more information about this report visit https://www.researchandmarkets.com/r/30l0hr
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