Transportation

According to a market report by Lucintel, the future of the automotive FPC market looks promising with opportunities in the fuel automotive and new energy automotive applications. The global automotive FPC market is expected to reach an estimated $0.93 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are growing demand for fuel-efficient and new energy vehicles, technological advancements in the automotive electronics, and increasing penetration of connected gadgets in the automotive industry.



In this market, double-sided FPC, multi-layer FPC, and single-sided FPC are the major segments of automotive FPC market by product type. Lucintel forecasts that multi-layer FPC will remain the largest segment over the forecast period due to its extensive use in the automotive industries as it ensures improved heat dissipation and electrical conductivity.



Within this market, fuel automotive is expected to remain the larger application segment due to the increasing demand for electric vehicles and on-going technological advancement in automotive electronics.



APAC will remain the largest region due to growing automotive production and increasing consumer awareness of advanced security and safety features of vehicles in the region.

Nippon Mektron, Chin Poon Industrial, TTM, CMK, and Meiko Electronics are the major suppliers in the global automotive FPC market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive FPC market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Automotive FPC Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global automotive FPC market by product type, application, and region, as follows:

This more than 150-page 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 email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the automotive FPC market by product type (double-sided FPC, multi-layer FPC, and single-sided FPC), application (fuel automotive and new energy automotive), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?