Flexible Printed Circuit Boards

Flexible Printed Circuit Boards - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Apr 17, 2018, 320 Pages
US$4,950.00
GIA-MCP1852

This report analyzes the worldwide markets for Flexible Printed Circuit Boards in US$. The Global market is further analyzed by the following End-Use Segments: Automotive, Consumer Electronics, Industrial, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 199 companies including many key and niche players such as -

3M Company
BHflex Co., Ltd.
Career Technology (MFG.) Co., Ltd.
Daeduck GDS Co., Ltd.
Flexcom Inc.
Flexium Interconnect, Inc.

Flexible Printed Circuit Boards - Global Strategic Business Report
TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Prelude                                                           II-1
       Flexible and Printed Electronics - Key Trends in Brief           II-2
      Market Outlook                                                    II-3
       Asia-Pacific Continues to Dominate Global Market                 II-3
       Consumer Electronics End-use Segment - A Major Market            II-4
      A Peek into Flexible PCB Market Evolution over the Years          II-4
      Key Flexible Circuit Configurations and Applications              II-5
       Rigid-flex Circuits Extend Flexible Circuit Application to
        More Rugged Environments                                        II-6
      Competitive Landscape                                             II-6
       Japanese Companies Rule the Roost                                II-6
       How Currency Fluctuations Change Fortunes of Market Players?     II-7

  2. MARKET TRENDS AND GROWTH DRIVERS                                   II-8
      Inherent Product Advantages Fuel Market Growth                    II-8
       Key Benefits of Flexible Circuits                                II-8
      Superior Packaging Flexibility - Key Attribute of FPCs
       Expanding Applications Market                                    II-9
      Circuit Designing Evolves as End Product Developers Seek
       Miniaturization                                                  II-9
      Thinner Materials Witness Tremendous Adoption to Realize
       Smaller Geometries                                               II-10
      Flex-to-Fit Approach Opens New and Exciting Opportunities         II-10
      Customer Requirements Drive Innovations for Substrate
       Manufacturers                                                    II-11
      New Designing Tools Improve Competitiveness of Rigid-Flex
       Circuits                                                         II-12
      Substrate Material Choice - Key to High-Frequency Application     II-13
      Increasing Laminate Material Choice Poses Fabrication
       Challenges; Additives Comes to Rescue                            II-13
      Stretchable Circuits Garner Significant Interest as Novel
       Interconnection Alternative                                      II-14
       Material and Design Advancements Enable Stretchable
        Interconnects in Flexible Circuits                              II-14
       New Stretchable Materials Expand Potential of Design Innovations II-15
      FPC Drilling and Cutting Shift to More Efficient Methods          II-15
      Recent Technological Advances in Flex Circuits                    II-17
       ‘Light as a Feather’ - New Technology Takes Flexible Circuits
        to New Level                                                    II-17
       Technological Advances thwart Material Limitations for
        Transparent Flex Circuits                                       II-18
        Substrate Advancements                                          II-18
       Super-Thin Nanoscale Circuits Promise Tremendous Computing
        Power, Open New Design Possibilities                            II-19
       Chemically Doped Nanotubes Emulate Silicon Circuits in
        Handling Power Fluctuations                                     II-19
       Flexible Hybrid Circuits                                         II-20

  3. APPLICATION MARKETS                                                II-21
      Overview of End-Use Markets                                       II-21
       Major Applications of Flexible Printed Circuit Boards            II-21
      Flexible PCBs Enable Exciting and Innovative Developments         II-21
      Automotive                                                        II-22
      Consumer Electronics                                              II-22
       Select Applications of Flexible Circuits in Consumer Electronics II-23
       Select Applications of Flexible Circuits in Computing            II-23
      Other End Markets                                                 II-23
       Select Applications of Flexible Circuits in Communications       II-24
       Select Applications of Flexible Circuits in Medical Devices      II-24
       Defense and Aerospace                                            II-24
        Select Applications of Flexible Circuits in Aerospace and
         Defense Sectors                                                II-25
      End Applications - Select Market Trends                           II-25
       PCB Innovations Significantly Impacts Consumer Electronics       II-25
       Growing Autoelectronics Market to Drive Consumption of Flex
        Circuits                                                        II-26
       Wireless Telecommunications Spawning Significant Demand          II-26
       Robust Outlook for Wearables to Benefit Flex Circuit Demand      II-27
        Table 1: World Wearable Electronics Market by Geographic
        Region (2018 & 2022): Percentage Breakdown of Unit Sales for
        North America, Europe, Asia-Pacific, Latin America, Middle
        East & Africa. and Rest of World (includes corresponding
        Graph/Chart)                                                    II-28
        Flexible Circuits Penetrate Myriad Devices in Wearable
         Technologies                                                   II-29
        Challenges Exist for Flex Circuits in Wearables                 II-29
       Deceleration in Smartphone Market Growth Limits Flex Circuit
        Demand                                                          II-30
        Table 2: World Smartphones Market by Geographic Region (2017& 
        2020): Breakdown of Volume Shipments in Million Units for
        North America, Europe, Asia-Pacific and Rest of World
        (includes corresponding Graph/Chart)                            II-30
       Display Market Slowdown to Affect Flexible Circuits Demand       II-31
       Reliable Interconnection Benefits Drive Use of Flexible and
        Stretchable Electronics in Space Applications                   II-31

  4. PRODUCT OVERVIEW                                                   II-33
      Flexible Circuits - An Introduction                               II-33
      Introduction to Flexible Circuit Technology                       II-33
      History and Evolution of Flexible Circuits                        II-33
      Types of Flexible Circuits                                        II-34
       Single Layered Flexible Circuits                                 II-34
        Single Layered Single-Sided Flexible Circuits                   II-34
        Single Layered Double-Sided Flex Circuits                       II-34
       Multilayered Flex Circuits                                       II-34
       Rigid-Flex Circuits                                              II-35
       Other Select Types of Flexible Circuits                          II-35
        Double Access Flexible Circuits                                 II-35
        Sculptured Flex                                                 II-35
        Backplanes                                                      II-35
       Rigid and Flexible PCBs - The Evolution                          II-36
        Tracing Evolution of Applications of Electronic Rigid-Flex PCBs II-37
       An Evaluation of Differences in Rigid and Flex Materials         II-38
      Materials Used in Flexible Circuit Manufacture                    II-39
       Base Material                                                    II-39
        Polyimide                                                       II-39
        Polyester                                                       II-40
        Polyimide Vs Polyester                                          II-40
         Polyester and Polyimide: A Comparison                          II-41
        New Substrates                                                  II-41
       Conductor Materials                                              II-41
        Copper as a Conducting Material                                 II-41
        Non-Copper Metal Foils                                          II-42
        Promising Direct Apply Technologies                             II-42
       Adhesives                                                        II-43
        Polyimide Adhesives                                             II-43
        Polyester Adhesives                                             II-43
        Epoxies and Modified Epoxies                                    II-43
        Acrylic Adhesives                                               II-44
        Supplementary Adhesives                                         II-44
       Protective Coatings                                              II-44
        Selection of Cover-lay Film                                     II-44
         Benefits of Coverlay                                           II-45
         Benefits of Cover Coatings                                     II-45
      Manufacturing of Flexible Circuits                                II-45
       The Two Generic Methods of Manufacturing                         II-45
        Subtractive Method of Producing Flexible Circuits               II-46
         Image Resist                                                   II-46
         Resist Removal                                                 II-46
         Placement of Cover Layer                                       II-46
         Creation of Outlines and Holes                                 II-46
         Testing and Verification                                       II-47
          Additive Method of Producing Flexible Circuits                II-47
      Key Advantages of Flexible Circuits                               II-47
       Minimization of Packaging Size                                   II-47
       Minimization of Packaging Weight                                 II-47
       Reduction in Assembly Time & Cost                                II-48
       Reduction in Assembly Error                                      II-48
       Enhancing System Reliability                                     II-48
       Other Benefits                                                   II-48

  5. PRODUCT LAUNCHES/INTRODUCTIONS                                     II-49
      Pulse Electronics Launches Plume Flexible Internal Antenna Series II-49
      AirBorn Rolls Out DuraFlex Flexible Circuits                      II-49
      Eurocircuits Launches SEMI-FLEX Flex-to-Install Rigid-Flex
       Solution                                                         II-49
      Molex Introduces Pyralux Flex Circuit Assemblies for Data
       Transmission Applications                                        II-49
      DuPont Rolls Out Pyralux® Material System for High-temperature
       Applications                                                     II-49

  6. RECENT INDUSTRY ACTIVITY                                           II-50
      Compunetics to Acquire the Assets of Circuits, LLC                II-50
      LG Innotek to Begin Mass Production of FPCBs                      II-50
      Nidec-Read Signs Distribution Agreement with Taiwan Kong King     II-50
      Eltek Signs Italy-wide Distribution Agreement with NCAB Group     II-50
      Suzhou Dongshan Precision Manufacturing Acquires Multi-
       Fineline Electronix                                              II-50
      Nippon Mektron Mektec Deploys Orbotech’s Direct Imaging and
       Automated Optical Inspection Systems in Multiple Factories       II-50
      Omron Inks Distribution Agreement with Hitaltech                  II-51

  7. FOCUS ON SELECT GLOBAL PLAYERS                                     II-52
      3M Company (USA)                                                  II-52
      BHflex Co., Ltd. (South Korea)                                    II-52
      Career Technology (MFG.) Co., Ltd. (Taiwan)                       II-53
      Daeduck GDS Co., Ltd. (South Korea)                               II-53
      Flexcom Inc. (South Korea)                                        II-53
      Flexium Interconnect, Inc. (Taiwan)                               II-54
      Fujikura Ltd. (Japan)                                             II-54
      Ichia Technologies, Inc. (Taiwan)                                 II-55
      Interflex Co., Ltd. (South Korea)                                 II-55
      MFS Technology (Singapore)                                        II-55
      Multi-Fineline Electronix, Inc. (MFLEX) (USA)                     II-55
      Newflex Technology Co., Ltd. (South Korea)                        II-56
      Nippon Mektron, Ltd. (Japan)                                      II-56
      Nitto Denko Corporation (Japan)                                   II-57
      SIFlex Co., Ltd. (South Korea)                                    II-57
      Sumitomo Electric Industries, Ltd. (Japan)                        II-57
      Xiamen Hongxin Electron-Tech Co., Ltd. (China)                    II-58
      Zhen Ding Technology Holding Limited (ZDT) (Taiwan)               II-58

  8. GLOBAL MARKET PERSPECTIVE                                          II-59
      Market by Geographic Region                                       II-59
       Table 3: World Recent Past, Current & Future Analysis for
       Flexible Printed Circuit Boards by Geographic Region - US,
       Canada, Japan, Europe, Asia-Pacific, Latin America and Rest
       of World Markets Independently Analyzed with Annual Revenue
       Figures in US$ Million for Years 2016 through 2024 (includes
       corresponding Graph/Chart)                                       II-59

       Table 4: World Historic Review for Flexible Printed Circuit
       Boards by Geographic Region - US, Canada, Japan, Europe,
       Asia-Pacific, Latin America and Rest of World Markets
       Independently Analyzed with Annual Revenue Figures in US$
       Million for Years 2011 through 2015 (includes corresponding
       Graph/Chart)                                                     II-60

       Table 5: World 14-Year Perspective for Flexible Printed
       Circuit Boards by Geographic Region - Percentage Breakdown of
       Revenues for US, Canada, Japan, Europe, Asia-Pacific, Latin
       America and Rest of World Markets for Years 2011, 2017 & 2024
       (includes corresponding Graph/Chart)                             II-61
      Market by End-Use Segment                                         II-62
       Table 6: World Recent Past, Current & Future Analysis for
       Flexible Printed Circuit Boards by End-Use Segment -
       Automotive, Consumer Electronics, Industrial, and Other
       End-Use Markets Independently Analyzed with Annual Revenue
       Figures in US$ Million for Years 2016 through 2024 (includes
       corresponding Graph/Chart)                                       II-62

       Table 7: World Historic Review for Flexible Printed Circuit
       Boards by End-Use Segment - Automotive, Consumer Electronics,
       Industrial, and Other End-Use Markets Independently Analyzed
       with Annual Revenue Figures in US$ Million for Years 2011
       through 2015 (includes corresponding Graph/Chart)                II-63

       Table 8: World 14-Year Perspective for Flexible Printed
       Circuit Boards by End-Use Segment - Percentage Breakdown of
       Revenues for Automotive, Consumer Electronics, Industrial,
       and Other End-Use Markets for Years 2011, 2017 & 2024
       (includes corresponding Graph/Chart)                             II-64


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        Current and Future Analysis                                     III-1
        NASA Eyes Flexible Printed Circuits for Future Missions         III-1
        Product Launches                                                III-2
        Strategic Corporate Developments                                III-3
        Key Players                                                     III-3
      B.Market Analytics                                                III-5
        Table 9: US Recent Past, Current & Future Analysis for
        Flexible Printed Circuit Boards Market Analyzed with Annual
        Revenue Figures in US$ Million for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-5

        Table 10: US Historic Review for Flexible Printed Circuit
        Boards Market Analyzed with Annual Revenue Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-6

  2. CANADA                                                             III-7
       Market Analysis                                                  III-7
        Table 11: Canadian Recent Past, Current & Future Analysis
        for Flexible Printed Circuit Boards Market Analyzed with
        Annual Revenue Figures in US$ Million for Years 2016 through
        2024 (includes corresponding Graph/Chart)                       III-7

        Table 12: Canadian Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-8

  3. JAPAN                                                              III-9
      A.Market Analysis                                                 III-9
        Japan - The Pioneer in Flexible Circuits                        III-9
        Key Players                                                     III-9
      B.Market Analytics                                                III-11
        Table 13: Japanese Recent Past, Current & Future Analysis
        for Flexible Printed Circuit Boards Market Analyzed with
        Annual Revenue Figures in US$ Million for Years 2016 through
        2024 (includes corresponding Graph/Chart)                       III-11

        Table 14: Japanese Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-12

  4. EUROPE                                                             III-13
      A.Market Analysis                                                 III-13
        Current and Future Analysis                                     III-13
        Product Launch                                                  III-13
        Strategic Corporate Developments                                III-13
      B.Market Analytics                                                III-14
        Table 15: European Recent Past, Current & Future Analysis
        for Flexible Printed Circuit Boards by Geographic Region -
        France, Germany, Italy, UK, Spain, Russia and Rest of Europe
        Markets Independently Analyzed with Annual Revenue Figures
        in US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-14

        Table 16: European Historic Review for Flexible Printed
        Circuit Boards by Geographic Region - France, Germany,
        Italy, UK, Spain, Russia and Rest of Europe Markets
        Independently Analyzed with Annual Revenue Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-15

        Table 17: European 14-Year Perspective for Flexible Printed
        Circuit Boards by Geographic Region - Percentage Breakdown
        of Revenues for France, Germany, Italy, UK, Spain, Russia
        and Rest of Europe Markets for Years 2011, 2017 & 2024
        (includes corresponding Graph/Chart)                            III-16

  5. ASIA-PACIFIC                                                       III-17
       Market Analysis                                                  III-17
        Table 18: Asia-Pacific Recent Past, Current & Future
        Analysis for Flexible Printed Circuit Boards by Geographic
        Region - China, South Korea, Taiwan and Rest of Asia-Pacific
        Markets Independently Analyzed with Annual Revenue Figures
        in US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-17

        Table 19: Asia-Pacific Historic Review for Flexible Printed
        Circuit Boards by Geographic Region - China, South Korea,
        Taiwan and Rest of Asia-Pacific Markets Independently
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2011 through 2015 (includes corresponding Graph/Chart)    III-18

        Table 20: Asia-Pacific 14-Year Perspective for Flexible
        Printed Circuit Boards by Geographic Region - Percentage
        Breakdown of Revenues for China, South Korea, Taiwan and
        Rest of Asia-Pacific Markets for Years 2011, 2017 & 2024
        (includes corresponding Graph/Chart)                            III-19

  5a. CHINA                                                             III-20
      A.Market Analysis                                                 III-20
        Current and Future Analysis                                     III-20
         China - Leading Consumer of Flexible Circuits Worldwide        III-20
        Surge in Domestic Phone Market Provides Ample Business for
         Chinese FPCB Manufacturers                                     III-20
        Strategic Corporate Development                                 III-20
        Key Player                                                      III-20
      B.Market Analytics                                                III-21
        Table 21: Chinese Recent Past, Current & Future Analysis for
        Flexible Printed Circuit Boards Market Analyzed with Annual
        Revenue Figures in US$ Million for Years 2016 through 2024
        (includes corresponding Graph/Chart)                            III-21

        Table 22: Chinese Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-22

  5b. SOUTH KOREA                                                       III-23
      A.Market Analysis                                                 III-23
        Current & Future Analysis                                       III-23
        Revenue Woes Continue for Korean Manufacturers                  III-23
        Strategic Corporate Development                                 III-23
        Key Players                                                     III-24
      B.Market Analytics                                                III-26
        Table 23: South Korean Recent Past, Current & Future
        Analysis for Flexible Printed Circuit Boards Market Analyzed
        with Annual Revenue Figures in US$ Million for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-26

        Table 24: South Korean Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-27

  5c. TAIWAN                                                            III-28
      A.Market Analysis                                                 III-28
        Current & Future Analysis                                       III-28
        Key Players                                                     III-28
      B.Market Analytics                                                III-30
        Table 25: Taiwanese Recent Past, Current & Future Analysis
        for Flexible Printed Circuit Boards Market Analyzed with
        Annual Revenue Figures in US$ Million for Years 2016 through
        2024 (includes corresponding Graph/Chart)                       III-30

        Table 26: Taiwanese Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-31

  5d. REST OF ASIA-PACIFIC                                              III-32
      A.Market Analysis                                                 III-32
        Current and Future Analysis                                     III-32
        Key Player                                                      III-32
      B.Market Analytics                                                III-33
        Table 27: Rest of Asia-Pacific Recent Past, Current & Future
        Analysis for Flexible Printed Circuit Boards Market Analyzed
        with Annual Revenue Figures in US$ Million for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-33

        Table 28: Rest of Asia-Pacific Historic Review for Flexible
        Printed Circuit Boards Market Analyzed with Annual Revenue
        Figures in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-34

  6. LATIN AMERICA                                                      III-35
       Market Analysis                                                  III-35
        Table 29: Latin American Recent Past, Current & Future
        Analysis for Flexible Printed Circuit Boards Market Analyzed
        with Annual Revenue Figures in US$ Million for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-35

        Table 30: Latin American Historic Review for Flexible
        Printed Circuit Boards Market Analyzed with Annual Revenue
        Figures in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-36

  7. REST OF WORLD                                                      III-37
      A.Market Analysis                                                 III-37
        Current & Future Analysis                                       III-37
        Strategic Corporate Development                                 III-37
      B.Market Analytics                                                III-38
        Table 31: Rest of World Recent Past, Current & Future
        Analysis for Flexible Printed Circuit Boards Market Analyzed
        with Annual Revenue Figures in US$ Million for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-38

        Table 32: Rest of World Historic Review for Flexible Printed
        Circuit Boards Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2011 through 2015 (includes
        corresponding Graph/Chart)                                      III-39


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 199 (including Divisions/Subsidiaries - 214)

     The United States (61)
     Canada (6)
     Japan (10)
     Europe (65)
     - France (4)
     - Germany (21)
     - The United Kingdom (18)
     - Italy (6)
     - Rest of Europe (16)
     Asia-Pacific (Excluding Japan) (69)
     Middle East (3)
Additional Information:
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Date of Publication:
Apr 17, 2018
File Format:
PDF via E-mail
Number of Pages:
320 Pages