Flexible Circuit Board Mounter Market Report Overview
-
Request a Free sample to learn more about this report
The global flexible circuit board mounter market size was USD 143 million in 2022 & the market is expected to reach USD 288 million by 2031, exhibiting a CAGR of 8.1% during the forecast period.
A flexible circuit board mounter, also known as a flexible circuit board placement machine or a flexible PCB mounter, is a specialized machine used in electronics manufacturing to accurately place and attach flexible printed circuit boards (PCBs) onto other components or substrates. Flexible PCBs, also called flex circuits, are thin, lightweight, and highly flexible circuit boards made of flexible polymer materials. They offer advantages such as compact size, excellent flexibility, and the ability to conform to non-planar surfaces. Flexible circuit board mounters are designed specifically to handle these flexible PCBs during the assembly process.
The machine receives flexible PCBs from a feeding system, which can be in the form of rolls or trays. The machine usually incorporates an alignment system that precisely positions and aligns the flexible PCBs for accurate placement.
COVID-19 Impact: Pandemic Hamper the Demand of Flexible Circuit Board Mounter to Market Growth
The COVID-19 pandemic has had various impacts on the electronics manufacturing industry, including the production and use of flexible circuit board mounters. The pandemic led to disruptions in global supply chains, affecting the availability of components, materials, and equipment necessary for the manufacturing of flexible circuit board mounters. Delays in the procurement of essential parts or machinery could have an impact on the production and delivery of these machines.
Latest Trends
"High-Speed Placement Will Propel Market Growth "
There is a growing trend towards higher-speed placement capabilities in flexible circuit board mounters. Manufacturers are developing machines with increased precision and speed to meet the demands of high-volume production while maintaining accurate component placement. Flexible circuit board mounters are evolving to become more versatile and capable of handling multiple tasks within the assembly process. These machines are incorporating additional functions such as dispensing adhesives, solder paste, or conductive materials, as well as integrating inspection and testing capabilities, reducing the need for separate equipment.
Flexible Circuit Board Mounter Market Segmentation
- Request a Free sample to learn more about this report
- By Type Analysis
According to type, the flexible circuit board mounter market can be segmented into reinforcing machine, covering Film/EMI laminating machine and false pasting machine.
In terms of type, the reinforcing machine is anticipated to be the largest segment during the forecast period.
- By Application Analysis
Based on application, the flexible circuit board mounter market can be divided into consumer electronics, automotive electronics, medical equipment, aerospace, and others.
In terms of application, the online provider market is projected to hold a flexible circuit board mounter market share through 2031.
Driving Factors
"Increased Use of Flexible PCBs Will Fuel Market Growth "
The growing adoption of flexible PCBs in various applications, such as wearable devices, flexible displays, medical devices, and automotive electronics, is a significant driving factor. Flexible circuit board mounters are designed to handle these flexible substrates and enable precise component placement, contributing to the increasing demand for these machines.
"Advancements in Machine Technology Will Boost Market Growth "
Technological advancements in flexible circuit board mounters have improved their capabilities, such as higher-speed placement, enhanced vision systems, improved accuracy, and increased flexibility in handling different types of components and substrates. These advancements attract manufacturers looking for state-of-the-art equipment to optimize their assembly processes.
Restraining Factors
"Rapidly Changing Technology Will Hinder Market Growth "
The electronics manufacturing industry is characterized by rapid technological advancements and evolving standards. New components, substrates, and design requirements constantly emerge, requiring flexible circuit board mounters to adapt to the changing landscape. Keeping up with the latest technology updates and implementing necessary upgrades can pose challenges for manufacturers, especially if they have older or less flexible machine models.
Flexible Circuit Board Mounter Market Regional Insights
- Request a Free sample to learn more about this report
"The Asia Pacific Region will Dominate Market Due to Strong Demand of Healthcare Infrastructure"
The Asia Pacific region is a significant hub for electronics manufacturing, with countries such as China, Japan, South Korea, and Taiwan being major players. These countries have well-established electronics industries and are known for their high-volume production capabilities. Flexible circuit board mounters are widely used in this region to handle the production of a variety of electronic devices, including consumer electronics, automotive electronics, and mobile devices.
North America, particularly the United States and Canada, is home to a diverse electronics manufacturing sector. The region is known for its emphasis on innovation and advanced technology. Flexible circuit board mounters are utilized in various industries, including aerospace, defense, medical, and telecommunications. The focus on high-quality assembly and customization drives the adoption of these machines in North America.
Key Industry Players
"Adoption Recycling Services by Key Players Influencing Market Development"
The top key players in the flexible circuit board mounter market are AstraZeneca, Arena Pharmaceuticals, GSK, Novo Nordisk, Roche. Most of the top players hold the flexible circuit board mounter market share. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the flexible circuit board mounter market growth in the competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession of market shares by the key players stimulates the flexible circuit board mounter market.
List of Market Players Profiled
- Shenzhen Zoomtake Automation (China)
- Zhuhai Jingke Electronic Automatic Equipment (China)
- MCK CO., LTD (South Korea)
- Shen Zhen Comwin Automation Technology (China)
- Jiashanxinzhong Automation Technology (China)
- Tisheng Technology Information (China)
- Maolong Machinery (China)
- Guangdong Qin-Tech Intelligent Technology (China)
"Report Coverage"
This report examines an understanding of the flexible circuit board mounter market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 143 Million in 2022 |
Market Size Value By |
US$ 288 Million by 2031 |
Growth Rate |
CAGR of 8.1% from 2022 to 2031 |
Forecast Period |
2022-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Applications |
Frequently Asked Questions
-
What value is the global flexible circuit board mounter market expected to touch by 2031?
The global flexible circuit board mounter market is expected to touch USD 288 million by 2031.
-
What CAGR is the flexible circuit board mounter market expected to exhibit during 2022-2031?
The flexible circuit board mounter market is expected to exhibit a CAGR of 8.1% over 2022-2031.
-
Which are the driving factors of the market?
Advancements in machine technology are the driving factor of the market.
-
Which are the top companies operating in the market?
AstraZeneca, Arena Pharmaceuticals, GSK, Novo Nordisk, Roche. are the top operating companies in the market.