Analysis of the market scale of global automotive flexible circuit boards (FPC)

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Release time: 2021-07-06 16:35:54


FPC (Flexible Printed Circuit), also known as flexible board, flexible board or soft board, is divided into single-sided FPC, double-sided FPC, multi-sided FPC and rigid-flex board. Flexible circuit boards have the characteristics of being light, thin and bendable, which can meet the development trend of electronic products towards miniaturization, lightness and wearability, especially its characteristics of bendability, winding and folding, and can move and arbitrarily in three-dimensional space. Telescopic, convenient for three-dimensional assembly of electronic products.


Due to the huge advantages of FPC's lightness, thinness, and flexibility, the amount of FPC used is constantly increasing. From communications, consumer electronics, automotive electronics, to industrial control, medical, to military, aerospace, FPC is almost everywhere. Among them, automotive electronics is expected to replace mobile phones in the future, becoming an important driving force in the FPC market and promoting the rapid growth of the FPC market.


Main application areas of automotive FPC


Automotive electronics is a collective term for car body car electronic control devices and car car electronic control devices, which mainly include engine control systems, chassis control systems, and body electronic control systems. As the main line of the future development of the automotive industry, new energy vehicles have become a trend to replace wiring harnesses with FPCs, and FPCs will be used in many aspects of the car body.


With the increase in the application of sensor technology and the gradual penetration of the Internet into automobiles, the electronic trend of automobiles is becoming more and more obvious, and the proportion of automobile electronics in the cost of the entire vehicle is also rising. In 2010, automotive electronics accounted for 29.6% of vehicle costs, and it is expected to reach 34.3% in 2020. By 2030, vehicle costs will account for close to 50%.


At present, automotive electronics for new energy vehicles has accounted for more than 50% of the vehicle cost, and the proportion of FPC in vehicle consumption will also be significantly increased. It is expected that the consumption of single-vehicle FPC will exceed more than 100 pieces.


FPC for automotive electronics


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More importantly, the use of PCBs in new energy vehicles will be 5-8 times that of traditional vehicles, and the automotive PCB market will increase the penetration rate of new energy vehicles and achieve rapid growth.


Global automotive FPC market size


According to statistics from Zhanxin PCB Industry Research Institute, in 2018, the automotive flexible circuit board (FPC) market reached 5.3 billion yuan, a year-on-year increase of 8.4%. The main growth driver of the market comes from the improvement of automotive electronics and the penetration rate of new energy vehicles. The promotion. The global market is expected to reach 5.7 billion yuan in 2019, a year-on-year increase of 7.0%. From 2016 to 2022, the annual growth rate of automotive FPC will remain between 6%-9% for a long time. By 2022, the automotive FPC market will grow to 7 billion yuan.


2016-2022 Global Automotive FPC Market Scale and Forecast

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In 2018, global electric vehicle sales exceeded the 2 million mark, reaching 2.018 million, an increase of 65% compared to 2017, and its share of global vehicle sales rose to 2.1%. It is estimated that global electric vehicle production will exceed 3 million units in 2019.


According to data from the China Association of Automobile Manufacturers, in 2018, the domestic production and sales of new energy vehicles reached 1.27 million and 1.256 million, respectively, an increase of 59.9% and 61.7%. Among them, the production and sales of pure electric vehicles were 986,000 and 984,000, an increase of 47.9% and 50.8% respectively over the same period of the previous year. The production and sales of plug-in hybrid vehicles were 283,000 and 271,000 respectively, an increase of 122% and 118% respectively over the same period of the previous year. From January to June 2019, sales of new energy passenger vehicles reached 570,000 units, a year-on-year increase of 65%.



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