The global flexible PCB market is expected to reach $33 billion USD by 2024, growing at a CAGR of 10.6% between 2015 and 2024. The Asian production capacity dominates and serves the rest of the world market.
10.6% compound annual growth rate (CAGR)
As demand for Printed Circuit Board and Flexible Printed Circuit Boards grow, so do sourcing issues.
Causes of sourcing issues
- Component shortages
- Increasing prices of raw materials
- Trade conflicts
- Logistical complexity
- Covid-19 disruption
A PCB shortage can lead to
- Longer lead and production times
- Decreased production
- Declining revenue
with Chemical wet etching for Flex-PCB production
Secure the sourcing with in-house PCB production
With Dry Phase Patterning, you can secure and shorten the Flex-PCB production process by bringing it in-house. This speeds up prototyping and production while removing an entire step from your supply chain and simplify the logistics.