Energy & Utility

According to a market report by Lucintel, the future of the FPC for power battery market looks promising with opportunities in the battery and vehicle manufacturing. The global FPC for power battery market is expected to reach an estimated $0.03 billion by 2028 with a CAGR of 30.8% from 2023 to 2028. The major drivers for this market are growing demand for flexible and lightweight solutions and increasing requirement of complex and high density circuits for modern battery packs.

In this market, single layer FPC, double layer FPC, and multi-layer FPC are the major segments of FPC for power battery market by product type. Lucintel forecasts that multi-layer FPC will remain the largest segment over the forecast period as it provides high density interconnects, thus allowing for more complex circuit designs while ensuring increased functionality and better signal integrity.



Within this market, battery manufacturers is expected to remain the largest segment due to growing demand from wide range of customers, including vehicle manufactures, consumer electronics companies, and energy storage system providers.  



APAC will remain the largest region due increasing demand for electric vehicles, growing adoption of renewable energy sources, and supportive government policies towards usage of electric vehicles and energy storage system.

MFLEX (DSBJ), Suhzou Hengmei, Fujikura, Nippon Mektron, and Avary Holding (ZDT) are the major suppliers in the global FPC for power battery market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global FPC for power battery market by product type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global FPC for Power Battery 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 a forecast for the global FPC for power battery market by FPC for power battery 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 FPC for power battery market by product type (single layer FPC, double layer FPC, and multi-layer FPC), application (battery manufacturers and vehicle manufacturers, 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?