UK Flat Flexible Cables Market Size & Outlook, 2022-2030
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UK flat flexible cables market highlights
- The UK flat flexible cables market generated a revenue of USD 42.9 million in 2022 and is expected to reach USD 85.1 million by 2030.
- The UK market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, 50 to 100 micron was the largest revenue generating copper wire thickness in 2022.
- < 35 Micron is the most lucrative copper wire thickness segment registering the fastest growth during the forecast period.
Flat flexible cables market data book summary
| Market revenue in 2022 | USD 42.9 million |
| Market revenue in 2030 | USD 85.1 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | 50 to 100 micron |
| Fastest growing segment | < 35 Micron |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | < 35 Micron, 35 to 50 Micron, 50 to 100 Micron |
Other key industry trends
- In terms of revenue, UK accounted for 3.2% of the global flat flexible cables market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flat flexible cables market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 42.7 million by 2030.
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Flat Flexible Cables Market Scope
Flat Flexible Cables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alysium-Tech | View profile | 11-50 | Nuremberg, Bayern, Germany, Europe | https://www.alysium.com |
| Auk | View profile | 1-10 | Oslo, Oslo, Norway, Europe | https://www.auk.eco |
| Global Connector Technology | View profile | 101-250 | Garden City, New York, United States, North America | https://gct.co/ |
| Axon' Cable | View profile | 501-1000 | Montmirail, Champagne-Ardenne, France, Europe | http://www.axon-cable.com/en |
| Nicomatic | View profile | 501-1000 | Bons, Rhone-Alpes, France, Europe | http://www.nicomatic.fr/ |
| Sumida | View profile | 5001-10000 | Obernzell, Bayern, Germany, Europe | http://www.sumida.com/ |
| Adam Technologies | View profile | - | Union, New Jersey, United States, North America | http://www.adam-tech.com/ |
| Würth Elektronik | View profile | 51-100 | Nurmijärvi, Southern Finland, Finland, Europe | https://www.wurthelektro.fi |
| Proterial Cable America | View profile | 51-100 | Manchester, New Hampshire, United States, North America | https://usa.proterial.com |
| Glaukos Corporation | View profile | - | - | - |
| Quadrangle Products | View profile | 51-100 | Englishtown, New Jersey, United States, North America | https://www.quadrangleproducts.com |
| Samtec | View profile | 1001-5000 | New Albany, Indiana, United States, North America | http://www.samtec.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Johnson Electric Holdings Ltd | View profile | 35000 | 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong | https://www.johnsonelectric.com |
UK flat flexible cables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat flexible cables market will help companies and investors design strategic landscapes.
50 to 100 micron was the largest segment with a revenue share of 47.55% in 2022. Horizon Databook has segmented the UK flat flexible cables market based on < 35 micron, 35 to 50 micron, 50 to 100 micron covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of this industry in the UK can be attributed to the regulatory initiatives undertaken to carry out innovations. According to the Society of Motor Manufacturers and Traders (SMMT), the production patterns of the automotive industry in the UK have shifted to the development of electrical and hybrid electric vehicles. As these vehicles use flat flexible cables, the large-scale production of electrical and hybrid electric vehicles is anticipated to lead to the growth of the market in the UK in the coming years.
In addition, the growing investments in the automotive industry in the UK, majorly for the development of electric vehicles owing to the rising demand for them, are expected to surge the consumption of flat flexible cables in the country. In 2022, Ford announced an investment worth USD 180 million in enhancing the capacity of its electric vehicle power units by 70%.
This investment is expected to increase the electric vehicle production of the company to 420,000 units per year by 2024. Flat flexible cables are used to manufacture various electronic parts of automobiles for reliable connectivity. Thus, an increase in automotive production in the UK is expected to result in the surged consumption of flat flexible cables in the country in the coming years.
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Target buyers of UK flat flexible cables market databook
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Our clientele includes a mix of flat flexible cables market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK flat flexible cables market , including forecasts for subscribers. This country databook contains high-level insights into UK flat flexible cables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK flat flexible cables market size, by copper wire thickness, 2018-2030 (US$M)
UK Flat Flexible Cables Market Outlook Share, 2022 & 2030 (US$M)
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