Flexible circuits provides whole range of design freedoms which is not achievable with rigid circuit such as dynamics flexing, conformance to curved surfaces, and stretching under operational loads. To meet ever- increasing demand for innovative electronics and designs, flexible circuit technology has been branching out significantly from its initial role of wire replacement.
Apart from their obvious advantage of flexibility, flexible printed circuits offer ease of installation, accuracy, repeatability and resistance to shock, high temperatures and chemical attack. The use of modern electronic techniques helps their prices should continue to fall, making them more competitive with conventional cables in a wide range of applications, and increasing their use in new applications such as television scanning coils and computer memories.
Flexible circuit manufacturing are simple structuring, lightweight, economical nature, and design drive the growth of the flexible circuit manufacturing market. Factors such as quality performance, high flexibility, and reliable applications are further increase growth of flexible circuit manufacturing market. Flexible circuit has special use in application where conventional circuit have limitation or no use due to large space, flexibility requirement. Further, rising demand and production of electronic devices such as laptop, camera and mobile phones has an effect on the growth of flexible circuit manufacturing market.
Flexible circuit are also used in medical devices, automobiles, avionics and military systems. Vendors of flexible circuits are making more focus towards better clock speeds, lower power usage, higher processing power equipment that are more complex in design and structure. An evolving segment of interconnection technology, stretchable circuits are increasing number of electronic designers as they feature resilient materials and enable contraction and expansion in line user movements. The ability to material as to conform to non-planar contours opens up opportunity of designing various innovative devices.
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Flexible circuit manufacturing market has segmented into by type, by end-use industry and by region. On the basis of type, the flexible circuit manufacturing market has been further divided into single sided flex circuits, double sided flex circuits, rigid flex circuits multi-layer flex circuits and others (single layered flexible circuits, sculpted flex circuits, and double access flexible circuits). On the basis of end-use industry, the flexible circuit manufacturing market is segmented into instrumentations and medical, defense & aerospace, IT & telecommunications, automotive, consumer electronics, industrial electronics and others (display, retail business, and packaging).
Furthermore, the flexible circuit manufacturing market can also be studied according to regional bifurcations such as North America, Europe, Asia Pacific, Middle East & Africa and South America. Additionally, the flexible circuit manufacturing market are having highest growth rate in Asia Pacific, MEA and Europe region. The increasing demand of sensor in automobiles, communication devices and others are driving the market for flexible circuit manufacturing in APAC region.
Many players are involved in the flexible circuit manufacturing market with wider solution portfolio. Some of the key players in the flexible circuit manufacturing market are Daeduck Gds Co., Ltd., Career Technology (Mfg.) Co., Ltd., Flexcom Inc., Multi-Fineline Electronix, Inc. (MFLEX), Fujikura Ltd., NewFlex Technology Co., Ltd., Nitto Denko Corporation, Sumitomo Electric Industries, Ltd., ICHIA Technologies Inc., NOK Corporation and so on. These players are always try to bring more innovative products into the market to increase their competitive strength.