Global Automotive FPC Market Size By Product Type (Double-Sided FPC, Multi-Layer FPC, Single-Sided FPC), By Application (Fuel Automotive, New Energy Automotive), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Automotive FPC Market size was valued at USD 342.1 Million in 2022 and is projected to reach USD 659.4 Million by 2030, growing at a CAGR of 4.3% from 2023 to 2030.
Global Automotive FPC Market growth is primarily driven by some factors including rising demand for FPC in the automotive industry, growth in connected devices, and technological advancement in automotive electronics. The Global Automotive FPC Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Automotive FPC Market Definition
FPC stands for a flexible printed circuit which is a more complex piece of electronics that refers to circuits that can incorporate components and are constructed on a flexible material. FPC is composed of polyimide and etched copper conductors. Inserting FPCs directly into the connector is one method of connecting them. Connection with FFCs (Flexible Flat Cable) is another possible way of connecting them. These connectors are ideal for tight-packaging applications, are available in a variety of pitch options, and include features to meet a wide range of space and usage requirements for applications in all markets.
Global Automotive FPC Market Overview
Get ready for some serious growth in the Global Automotive FPC Market! We're expecting things to really take off, driven by a few key factorseveryone wants more FPC in their cars, we're seeing more and more connected devices, and automotive electronics are getting super advanced. The future looks bright for the Global Automotive FPC Market, with profitable growth opportunities in a bunch of different areas like computer stuff, phones, gadgets, healthcare, cars (obviously!), even aerospace and defense. Plus, some new trends are pushing things forward, like making electronics smaller and demanding PCBs that are faster and lose less signal. All this adds up to even more growth ahead!
Global Automotive FPC Market Segmentation Analysis
The Global Automotive FPC Market is segmented based on Product Type, Application, and Geography.
Automotive FPC Market, By Product Type
Double-Sided FPC
Multi-Layer FPC
Single-Sided FPC
Based on Product Type, the market is segmented into Double-Sided FPC, Multi-Layer FPC, and Single-Sided FPC. The Multi-Layer FPC segment accounts for the highest revenue share of the Global Automotive FPC Market in 2020 and is expected to dominate the market over the forecast period owing to increasing demand in the automotive industries.
Automotive FPC Market, By Application
Fuel Automotive
New Energy Automotive
Based on Application, the market is segmented into Fuel Automotive and New Energy Automotive. The fuel automotive segment is expected to hold the largest revenue share of the Global Automotive FPC Market during the forecast period because of the increasing demand for FPC in the automotive industry and technological advancement in automotive electronics which will drive the market growth of Automotive FPC in this segment during the projected period.
Automotive FPC Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
When we look at where in the world the automotive FPC market is strongest, we can break it down by geographyNorth America, Europe, Asia Pacific, and basically everywhere else. Right now, Asia Pacific is leading the pack, grabbing the biggest piece of the revenue pie in 2020, and it looks like they'll stay on top for the foreseeable future. Why? Well, Asia Pacific is seeing more and more fancy driver-assistance systems (ADAS) and safety tech in cars. Plus, with everyone getting more concerned about the environment, and new rules popping up, electric vehicles are becoming super popular, which means even more demand for FPCs in that part of the world.
Key Players
The “Global Automotive FPC Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Nippon Mektron, Chin Poon Industrial, TTM, CMK Corporation, Meiko Electronics, KCE Electronics, AT&S, Tripod, Kingboard Holding and Wus Printed Circuit.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
In October 2020, Nippon Mektron Ltd., also known as Mektec across the globe announced the availability of a new FPC structure in mass production that uses MPI (Modified-PI) as MPI FPC for High-Speed Transmission Applications, in addition to LCP (Liquid Crystal Polymer) base FPC.
In June 2020, CMK Corporation received the Technology Award from The Japan Institute of Electronics Packaging for its contribution to the development of motorcycle ECUs for Honda Motor Co., Ltd.
In March 2020, CMK Corporation received an outstanding quality performance award in FY2019 from Toyota Motor Corporation’s Hirose factory on March 25th as a result of an evaluation of their product quality.
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