The global flex and flex rigid market is foreseen to witness an enormous growth in the future and the high demand for digital cameras, mobile phones, monitor, notebooks, LCD, etc. sustains the market.
The flex and flex rigid printed circuit market is projected to have an increased demand from medical sector. These are used in the imaging equipment, pacemakers, hearing aids, defibrillators, etc, nudging towards the growth of the global flex and flex rigid printed market for the years to come.
The ability to mirror shapes of the body in the medical imaging acts as a strong determinant for the market expansion
These flex rigid printed circuits have certain standards to cater to medical sector, hence drives the growth potentials to the flex and flex rigid printed circuits market.
Some of the application areas where the flex rigid PCBs are used-
Consumer Electronics to Drive Demand –
One third of revenue in the flex and flex rigid printed circuits market comes from digital technologies. Everything right from mobile, I pad, tablets, notebooks, printers, scanners, etc. use them in their applications, paving the way for the market to grow in the future.
We live in the world of handheld devices, thus there is a high demand for the flex and flex rigid printed circuits with heavy computing power which also can meet the light weight standards of the handheld devices.
However, the high raw material costs of these may hinder the expansion of the flex and flex rigid printed circuit market in the forthcoming years.
Despite that, the increasing demand from aerospace sector is expected to boost the sales of flex and flex rigid printed circuits market in the future. These have the capabilities to handle extreme climatic temperatures and vibrations.
Even in the aerospace sector these are uniquely and best suited for satellites, also they can adapt to unusual shapes which are again best suited for spacecrafts. These attributes of the flex and flex rigid printed circuits are expected bolster the growth opportunities in the global market.
Automotive Industry to Amplify the Market
The automotive industry is said to be the second largest market for flex and flex rigid printed circuits market. As with advent of technology, the cars or vehicles are also getting smarter and use sensors and electronics to control climate, GPS software, rear view cameras, and dashboard cameras, etc. further, these flex rigid printed circuits allows both thermal performance and space allotment, owing to the growth opportunities in the global flex and flex rigid printed circuit markets.
Moreover, some of the benefits of flex and flex rigid printed circuit makes them more viable for growth in the global market –
- The adaptability factor allows them suitable for many industries.
- Less wire connection failures
- Suitable for extreme temperatures
- High circuit density
Therefore, taking market trends into consideration, the global flex and flex rigid printed circuits market is expected to boost in the coming years.