Lucintel's latest market report analyzed that automotive FPC provides attractive opportunities in fuel automotive and new energy automotive applications. The automotive FPC market is expected to reach $0.93 billion by 2028 with a CAGR of 6.8%. In this market, multi-layer FPC is the largest segment by product type, whereas fuel automotive is largest by application.

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Based on product type, the automotive FPC market is segmented into double-sided FPC, multi-layer FPC, and single-sided FPC. The multi-layer FPC segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its extensive use in the automotive industries as it ensures improved heat dissipation and electrical conductivity.

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The Automotive FPC Market is marked by the presence of several big and small players. Some of the prominent players offering automotive FPC include Nippon Mektron, Chin Poon Industrial, TTM, CMK, and Meiko Electronics.

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