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Rigid-Flex PCB Market Size

  • Report ID: GMI12297
  • Published Date: Nov 2024
  • Report Format: PDF

Rigid-Flex PCB Market Size

The global rigid-flex PCB Market was valued at USD 22.1 billion in 2023 and is anticipated to grow at a CAGR of 10.9% between 2024 to 2032. As IoT, wearables, and medical technology advance, manufacturers are increasingly shifting to high-density circuit solutions.

 

These solutions reduce weight and accommodate unique form factors. Rigid-Flex PCBs integrate rigid and flexible circuit board materials into a single structure, enabling compact, durable, and adaptable designs. The rigid sections offer stability for component mounting, while the flexible parts allow bending without compromising connections. This design is particularly suitable for space-constrained or movable applications.
 

Rigid-Flex PCBs are widespread use in aerospace, medical devices, consumer electronics, and automotive systems. They offer several advantages, including reduced connector requirements, enhanced electrical performance, and lightweight construction that is used for advanced and portable electronic designs, which, in turn, exhibiting a positive influence on the rigid-flex PCB market growth globally.
 

The demand for Rigid-Flex PCBs is surging as industrial electronics expand, especially in factory and building automation. In factory or industrial automation, Rigid-Flex PCBs play a pivotal role in robotic systems, control units, and human-machine interfaces (HMIs). Their compactness, flexibility, and durability are significant. These boards facilitate intricate wiring in confined spaces and guarantee dependable performance even with continuous use. Similarly, in building automation where smart systems oversee HVAC, lighting, and security Rigid-Flex PCBs enable high-density component mounting.
 

This capability is vital for ensuring continuous operation and resilience across diverse environments. Furthermore, their distinct ability to bend and flex without signal degradation positions them as the preferred choice for interconnected, space-efficient designs. As the trend of automation accelerates, accordingly the demand for Rigid-Flex PCBs highlights the industry's shift towards compact, reliable, and high-performance electronics.

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for rigid-flex PCB was valued at USD 22.1 billion in 2023 and is anticipated to reach USD 55.6 billion by 2032, driven by a CAGR of 10.9% from 2024 to 2032.

The consumer electronics segment held a 23.36% market share in 2023 and is expected to grow significantly by 2032, driven by the rising demand for miniaturization and advanced technology in high-performance devices.

The North America market, dominated by the U.S., accounted for a 77.86% share in 2023, driven by increasing demand in advanced consumer electronics, automotive electronics, and aerospace applications.

Major players in the industry include Zhen Ding Technology Holding Limited, Nippon Mektron, Ltd., Sumitomo Electric Industries, Ltd., Unimicron Technology Corporation, Interflex Co., Ltd., Young Poong Electronics Co., Ltd., TTM Technologies, Inc., Multek (a Flex Company), and Shengyi Technology Co., Ltd.

Rigid-Flex PCB Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 404
  • Countries covered: 29
  • Pages: 210
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