According to the recent study the rigid-flex PCB market is projected to reach an estimated $2.3 billion by 2028 from $1.6 billion in 2023, at a CAGR of 6.9% from 2023 to 2028. Growth in this market is primarily driven by growing demand for industrial electronics in factory automation and building automation application and increasing usage of these PCBs in advanced applications, such as automobiles, testing and measuring equipment, and others.

A more than 150 – page report is developed to understand trends, opportunities and forecast in rigid-flex PCB market by board type (2 layer, 4 layer, 6 layer, 8 layer, and 10 layer, and above), component (capacitors, diodes, integrated circuits (ICS), and resistors), patterning technique (silk screen printing, PCB milling, and photoengraving), end use industry (healthcare & pharmaceutical, automotive, industrial electronics, aerospace & defense, consumer electronics, maritime transport, and others), and region.

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“4 layer market is expected to remain the largest segment during the forecast period.”

Based on board type, the rigid-flex PCB market is segmented into 2 layer, 4 layer, 6 layer, 8 layer, and 10 layer, and above. Lucintel forecasts that the 4 layer market is expected to remain the largest segment due to its increasing usage in consumer electronic, medical, and computer applications.

“Within the rigid-flex PCB market, the consumer electronics segment is expected to remain the largest end use industry”

Based on end use industry the consumer electronics segment is expected to witness the highest growth over the forecast period due to continuously increasing digital connectivity has necessitated the usage of portable and secure electronic devices. This has resulted in increasing the usage of PCBs in order to provide unbreakable, water resistant, and damage-free devices.

“Asia pacific will dominate the rigid-flex PCB market in near future”

APAC will remain the largest region due to the growing demand for advanced healthcare devices and high-end consumer electronics in the region.

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Major players of rigid-flex PCB market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Nippon, NCAB, TTM Technologies, Ibiden, and AT & S are among the major rigid-flex PCB providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/rigid-flex-pcb-market.aspx or helpdesk@lucintel.com