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Wednesday, July 12, 2023

Lucintel Forecasts FPC in the Global Aerospace & Defense Market to Reach $0.74 Billion by 2028

According to the recent study the FPC in the global aerospace & defense market is projected to reach an estimated $0.74 billion by 2028 from $0.58 billion in 2023, at a CAGR of 4.9% from 2023 to 2028. Growth in this market is primarily driven by increasing military expenditure around the world, growing usage of robotic applications in the field of military, and widespread use of FPC in radio communications systems, space shuttles, aeroplanes, and other aerospace equipment.

A more than 150–page report is developed to understand trends, opportunities and forecast in FPC in the global aerospace & defense market by laminate material type (polyimide, polyester, and others), technology (single layer, double layer, multi-layer, and rigid flex), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/fpc-in-aerospace-and-defense-market.aspx

“Polyimide market is expected to remain the largest segment during the forecast period.”

Based on laminate material type, the FPC in the global aerospace & defense market is segmented into polyimide, polyester, and others. Lucintel forecasts that the polyimide market is expected to remain the largest segment due to significant use of these material based FPC in the aerospace sector owing to its strong heat resistance, electrical insulation, and high strength properties.

“Within the FPC in the global aerospace & defense market, the multi-layer segment is expected to remain the largest technology.”

Based on technology the multi-layer segment is expected to witness the highest growth over the forecast period due to its widespread use in the aerospace and defence sectors as they provides dynamic high-density circuit.

“Asia pacific will dominate the FPC in the global aerospace & defense market in near future.”

APAC is expected to witness highest growth over the forecast period due to increasing military expenditure in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/fpc-in-aerospace-and-defense-market.aspx.

Major players of FPC in the global aerospace & defense market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Zhen Ding Technology Holding Limited (ZDT), NOK Corporation, Sumitomo Electric, Flexium Interconnect, and Fujikura are among the major FPC in the global aerospace & defense providers.

This unique 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 click on this link https://www.lucintel.com/fpc-in-aerospace-and-defense-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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