PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1397129
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1397129
Flat Flexible Cables Market size was valued at USD 1,210 Million in 2022, expanding at a CAGR of 9.5% from 2023 to 2030.
Any type of electrical cable with flat, solid conductors and a flexible, flat surface is referred to as flat flexible cable (FFC). Flexible electronics include flat, flexible cables. However, the incredibly thin flat cable that is frequently encountered in high-density electronic devices like laptops and mobile phones is what is commonly referred to as an FFC.
The growing product launches are expected to propel the market growth during the forecast period. For instance, in March 2022, Flat Flexible Cables for Space is a new product line that Nicomatic introduced specifically for use in spacecraft. Lighter and more flexible interconnects may now be found in satellites and spacecraft operating in low earth orbit, geosynchronous orbit, and beyond due to new developments in flat flexible cable technology. Using materials like polyvinyl fluoride and polyimide that NASA has certified to fulfill outgassing standards in a vacuum, Nicomatic creates customized solutions that satisfy high-flex and low-profile connectivity requirements. This lowers the total amount of space and weight that electrical harnessing systems need to be allocated. Satellites, solar arrays, communications, cameras, radar, and simulator equipment in both manned and unmanned systems have previously made use of Nicomatic's Flat Flexible Cables for Space.
The Global Flat Flexible Cables Market is segmented based on Thickness, Width, Industry Vertical, and Region.
Based on the thickness, the market is bifurcated into Less than 35 Microns, 35 to 50 Microns, 50 to 100 Microns and More than 100 Microns. The 50 to 100 Microns segment captures a significant market share during the forecast period. Because of their durability and robustness, 50-100 micron copper cables are being used more and more in industrial, military, automotive, and aerospace applications.
Based on the industry vertical, the market is bifurcated into Consumer Electronics, Industrial Systems, Medical Devices, Automotive, IT Equipment, Telecommunications, Household Equipment, Aerospace & Defense and Others. The Consumer Electronics segment is expected to capture a substantial market share over the forecast period. Factors such as rising buying power, a rising standard of life, and fast modernization are anticipated to drive the consumer electronics industry and, therefore, the flat flexible cable market.
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market during the forecast period. due to the presence of several essential industries including consumer electronics, automobiles, aviation, and healthcare. In addition, the area is renowned for embracing new goods and technologies quickly. The US is a major market for flat, flexible cables in North America. Asia Pacific, on the other hand, is anticipated to increase at the quickest rate throughout the projection period. In addition to being the center of the global electronics manufacturing industry, the Asia Pacific area has grown to be a sizable market for flexible flat cables.
The key players operating in the market are O-Flexx Technologies, SUMIDA CORPORATION, Molex, GCT, Axon Cable, Adam Tech, Wurth Elektronik, Quadrangle Products, Alysium-Tech GmbH, Johnson Electric Holdings Ltd., Proterial Cable America, Inc., Samtec, AUK, Hitachi Cable America Inc., Shin-Etsu Polymer Co., Ltd., Parlex Corporation and BizLink Technology among others.
In July 2023, the 6893 Series connectors from Kyocera Corporation, which include 0.5mm-pitch one-action locking, are now available for flexible printed circuit boards (FPC) and flexible flat cables (FFC). This new series offers a 2x improvement in foreign matter removal capabilities over our previous solutions, helping to eliminate FPC/FFC deposits, which can lead to contact failure following insertion.