Rigid Flex PCB Market
The market for Rigid Flex PCB was estimated at $20.0 billion in 2023; it is anticipated to increase to $41.8 billion by 2030, with projections indicating growth to around $70.7 billion by 2035.
Global Rigid Flex PCB Market Outlook
Revenue, 2023
Forecast, 2033
CAGR, 2024 - 2033
The Rigid Flex PCB industry revenue is expected to be around $24.7 billion in 2024 and expected to showcase growth with 11.1% CAGR between 2024 and 2033. Building on this scale, the rigid flex PCB market has become increasingly significant as electronic systems demand both mechanical flexibility and structural reliability within compact designs. Its relevance is closely tied to ongoing miniaturization trends, higher component integration, and the need to reduce interconnect complexity across advanced electronic assemblies. Industries such as consumer electronics, automotive, aerospace, and medical devices are steadily adopting rigid flex architectures to improve signal integrity, enhance durability, and lower overall assembly weight. The ability to combine rigid sections for component mounting with flexible interconnections is reinforcing its role in next-generation product design. As device reliability expectations rise alongside tighter space constraints, rigid flex solutions continue to gain strategic importance across performance-critical applications.
A rigid flex PCB integrates rigid printed circuit board sections with flexible circuit board layers into a single interconnected structure, enabling complex three-dimensional layouts. This hybrid design supports dynamic bending while maintaining stable platforms for components, reducing the need for connectors and wiring. Key applications include smartphones, wearables, automotive control modules, aerospace avionics, and implantable medical devices, where space efficiency and reliability are paramount. Recent demand trends are driven by thinner device profiles, higher signal speeds, and increased adoption of advanced electronics in electric vehicles and medical technology. Manufacturers are also focusing on improved material combinations and manufacturing precision to enhance durability, thermal performance, and long-term reliability, further strengthening the market’s growth outlook.
Market Key Insights
The Rigid Flex Pcb market is projected to grow from $20.0 billion in 2023 to $57.3 billion in 2033. This represents a CAGR of 11.1%, reflecting rising demand across Consumer Electronics, Automotive, and Aerospace.
Apple, Samsung, DuPont are among the leading players in this market, shaping its competitive landscape.
U.S. and China are the top markets within the Rigid Flex Pcb market and are expected to observe the growth CAGR of 8.1% to 11.7% between 2023 and 2030.
Emerging markets including India, Brazil and Vietnam are expected to observe highest growth with CAGR ranging between 10.7% to 13.9%.
Transition like Transition from Traditional Interconnects to Integrated Rigid Flex PCB Architectures is expected to add $5 billion to the Rigid Flex Pcb market growth by 2030.
The Rigid Flex Pcb market is set to add $37.3 billion between 2023 and 2033, with manufacturer targeting Automotive & Aerospace Application projected to gain a larger market share.
With
demand for compact and lightweight devices, and
Advancements in Manufacturing Technologies, Rigid Flex Pcb market to expand 187% between 2023 and 2033.