PUBLISHER: The Business Research Company | PRODUCT CODE: 1923119
PUBLISHER: The Business Research Company | PRODUCT CODE: 1923119
A Flexible Printed Circuit Board (FPCB) is an electronic circuit board manufactured from flexible materials, enabling it to adapt to diverse shapes and dimensions. Typically constructed with a flexible polymer substrate, it accommodates the mounting of electronic components and facilitates electrical connections through conductive tracks. FPCBs find application in scenarios where space constraints or flexibility are paramount, such as in smartphones, wearables, medical devices, and aerospace technology.
The main types of flexible printed circuit boards include single-sided PCBs, double-sided PCBs, multilayer PCBs, rigid-flex PCBs, and others. Single-sided FPCBs are characterized by conductive copper traces etched on only one side of the base material. Various types of laminates, including fr-4polyamide, composite epoxy material grade-1, paper, and others, cater to the needs of diverse end users such as industrial electronics, aerospace and defense, information technology and telecom, automotive, consumer electronics, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on copper foils, conductive materials, and electronic substrates have increased production costs for flexible printed circuit boards, particularly impacting manufacturers dependent on Asian supply chains. Consumer electronics, automotive, and telecom industries face the highest tariff-related pressure due to large volume FPCB usage. However, tariffs are encouraging localized manufacturing, material innovation, and diversification of sourcing, enabling long term improvements in supply chain resilience and cost optimization.
The flexible printed circuit boards market research report is one of a series of new reports from The Business Research Company that provides flexible printed circuit boards market statistics, including flexible printed circuit boards industry global market size, regional shares, competitors with a flexible printed circuit boards market share, detailed flexible printed circuit boards market segments, market trends, and opportunities, and any further data you may need to thrive in the flexible printed circuit board industry. This flexible printed circuit boards market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The flexible printed circuit board market size has grown strongly in recent years. It will grow from $28.36 billion in 2025 to $31.07 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growth of mobile device manufacturing, early adoption of flexible electronics, demand for lightweight circuit solutions, expansion of telecom infrastructure, rising need for compact electronic assemblies.
The flexible printed circuit board market size is expected to see strong growth in the next few years. It will grow to $45.42 billion in 2030 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to increasing penetration of wearable technology, rising demand for foldable and bendable devices, expansion of automotive electronics integration, growth of aerospace flexible circuitry applications, increasing development of biodegradable pcb materials. Major trends in the forecast period include increasing adoption of ultra thin flexible pcb designs, rising use of fpcbs in compact consumer electronics, expansion of flexible circuit integration in automotive systems, growing demand for high density multilayer fpcbs, increasing utilization of heat resistant and high frequency fpcbs.
The rising adoption of electric vehicles (EVs) is anticipated to drive significant growth in the flexible printed circuit board (FPCB) market. Electric vehicles, which rely on one or more electric motors for propulsion, utilize FPCBs to efficiently connect and manage electronic components in confined spaces, thereby improving reliability and performance. For example, the International Energy Agency (IEA), an independent intergovernmental organization based in France, reported that electric car sales in 2023 increased by 3.5 million units compared to 2022, marking a 35% year-over-year growth. Consequently, the growing popularity of electric vehicles is fueling the expansion of the flexible printed circuit board market.
Leading companies in the flexible printed circuit board market are directing their efforts towards product innovation to bolster profitability. One such innovation includes the development of ultra-slim semiconductor bases, which contribute to increased flexibility, miniaturization, and improved electrical performance in various electronic devices. For instance, in February 2023, LG Innotek Co. Ltd. introduced the 2-metal chip on film (COF), an advanced semiconductor base characterized by over 4,000 dual-sided circuits and 24-micrometer microvias. This innovative COF facilitates faster signal transmission and supports higher-resolution screens, owing to its enhanced flexibility and thinness. By enabling more compact designs in electronic devices, the 2-metal COF underscores the commitment to technological advancement and market competitiveness in the flexible printed circuit board industry.
In April 2025, Well to Sea Investment, a South Korea-based private equity firm focused on investments in advanced electronic component manufacturing, acquired management rights of SI FLEX for an undisclosed amount. Through this acquisition, Well to Sea aims to strengthen its position in the global flexible printed circuit board market by securing production capacity and technological capabilities in Vietnam. SI FLEX is a Vietnam-based manufacturer of flexible printed circuit boards serving major electronics and automotive customers.
Major companies operating in the flexible printed circuit board market are 3M Company, Jabil Inc., Flex Ltd., Nitto Denko Corporation, Samsung Electro-Mechanics Co. Ltd., Zhen Ding Technology Holding Limited, Fujikura Ltd., NOK Corporation (Nippon Mektron Ltd.), Molex LLC, TTM Technologies Inc., Tripod Technology Corporation, Austria Technologie & Systemtechnik Aktiengesellschaft, FLEXium Interconnect Inc., Multi-Fineline Electronix Inc., Cicor Group, Interflex Co. Ltd., ICHIA Technologies Inc., NewFlex Technology Co. Ltd., IEC Electronics Corp., Eltek Ltd., Career Technology Mfg. Co. Ltd., Sumitomo Electric Industries Ltd., Multek Corporation, Daeduck GDS Co. Ltd., Flexcom Inc.
Asia Pacific was the largest region in the flexible printed circuit board market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible printed circuit board market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the flexible printed circuit board market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The flexible printed circuit board market consists of sales of copper foil, polyimide film, adhesive materials, coverlay, stiffeners, conductive inks, resistors, capacitors, ICs, solder, and solder paste. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Flexible Printed Circuit Board Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses flexible printed circuit board market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for flexible printed circuit board ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The flexible printed circuit board market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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