Dublin, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The "Single Layer FPC Technology Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The report indicates that the global single layer FPC technology market is expected to reach an estimated $2.9 billion by 2028 with a CAGR of 2.9% from 2023 to 2028.
Market Overview:
The future of the global single layer FPC technology market appears promising with opportunities in various industries such as computer/peripheral, telecommunication, consumer electronics, medical, automotive, aerospace, and defense. The major drivers for this market are the growing trend of miniaturized electronic devices and increasing demand for the development of thinner, lighter, and denser FPC.
Market Segmentation:
The study includes trends and forecasts for the single layer FPC technology market based on laminate material type, end-use industry, and region. The market is segmented by laminate material types such as Polyimide, Polyester, and Others. The end-use industry segments include Computers/Peripherals, Telecommunications, Consumer Electronics, Medical, Automotive, Aerospace and Defense, and Others. The geographical segmentation covers North America, Europe, Asia Pacific, and the Rest of the World.
Key Players:
The report profiles major players in the single layer FPC technology market, including Zhen Ding Technology Holding Limited (ZDT), NOK Corporation, Sumitomo Electric, Flexium Interconnect, Fujikura, Nitto Denko Corporation, Interflex, Samsung Electro-Mechanics, Daeduck GDS, and Compeq Samtec. These companies compete based on product quality and focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and integration opportunities across the value chain to meet increasing demands and ensure competitive effectiveness.
Market Insights:
The report forecasts that polyimide will remain the larger laminate material type segment over the forecast period due to its excellent mechanical and electrical properties, making it ideal for flexible circuit boards. The consumer electronics industry is expected to remain the largest end-use industry segment, driven by the growing demand for portable electronic devices like smartphones, tablets, and laptops. The Asia Pacific (APAC) region is projected to remain the largest market due to the increasing demand for consumer electronic devices, telecommunication products, and the presence of skilled and cost-effective labor for manufacturing.
Features of the Single Layer FPC Technology Market Report:
The report offers market size estimates for the single layer FPC technology market in terms of value ($B) and includes trend and forecast analysis for the period 2017-2028. It provides segmentation analysis for various segments, including laminate material type, end-use industry, and region. The report also analyzes growth opportunities, emerging trends, and strategic initiatives such as M&A, new product development, and competitive landscape based on Porter's Five Forces model.
Key Questions Answered:
The report answers several key questions, including the most promising high-growth opportunities in the global single layer FPC technology market, which segments will grow at a faster pace and why, and which region will grow at a faster pace and why. It also covers factors affecting market dynamics, key challenges, and business risks in the market. The report provides insights into customer demands, new developments in the market, and major players' strategic initiatives for business growth. It also addresses competitive threats and M&A activity in the industry in the last five years and their impact on the market.
For more information about this report visit https://www.researchandmarkets.com/r/mdk0w1
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