Development Of The Global PCB Industry

Industrial scale - PCB industry has broad market space and good development prospects

Under the accelerated evolution of current application scenarios such as cloud computing, 5G, big data, Internet of Things, artificial intelligence, and Industry 4.0, the PCB industry has a broad market space and a good development potential.

scene. In the past two years, under the environment of accelerated informatization such as 5G infrastructure construction, big data, artificial intelligence and smart cities, the global PCB market has grown rapidly, especially

In 2021, the growth rate of the total output value of the global PCB industry will reach the highest in history. According to Prismark statistics, the total output value of the global PCB industry in 2020 and 2021 will reach 65.2 billion US dollars and 804 million respectively.

US$100 million, up 6.4% and 23.4% year-on-year. At the same time, according to Prismark's forecast, the global PCB market scale will maintain a steady growth trend in the next five years, with an average annual compound growth rate of

4.8%, and the global PCB industry output value will reach $101.6 billion by 2026.

At present, the global PCB industry has formed an industrial structure dominated by Asia and the core of mainland China. Benefit from China's significant labor cost, manufacturing environment, industrial policy, etc.

With the advantages and the complete industrial chain of China's electronics industry, the production capacity of the global printed circuit board industry will continue to shift to mainland China. According to Prismark statistics, due to the recovery of the global economy, the

The demand in the tourism industry is booming. In 2021, except for the Americas, the growth rate of PCB output in other regions of the world will be more than 20%. Among them, the total PCB output value in Europe will increase by 27.3% year-on-year, with the most significant growth rate. In 2021, the scale of the PCB market in mainland China will continue to expand, with the industry output value reaching US$43.6 billion, a year-on-year increase of 24.6%. According to Prismark estimates,

From 2021 to 2026, the PCB output value in mainland China will grow at a compound annual growth rate of 4.6%, reaching US$54.6 billion by 2026, continuing to maintain the top position in the global PCB output value.

Asia (excluding mainland China and Japan) will become the region with the fastest growth in global PCB output value, with an average compound growth rate of 5.4% from 2021 to 2026.

Product structure - high-tech high-end PCB products will occupy a dominant position in the PCB market

With the rapid development of technology in the world's electronic circuit industry, the chip and integrated applications of components are becoming more and more extensive. Communication is the most important downstream application field of PCB, and PCB in the communication field needs to be

It is divided into communication equipment and mobile terminals. The PCB requirements of communication equipment are mainly multi-layer boards, and the PCB requirements of mobile terminals are mainly HDI boards, flexible boards and packaging substrates. The arrival of the 5G era

To stimulate the huge demand in the market of communication equipment and mobile terminals, electronic products have more prominent requirements for high-density PCB boards, high-level boards, HDI boards, IC carrier boards, flexible boards, rigid boards, etc.

High-end PCB products such as flexible boards have begun to dominate the entire PCB market. According to Prismark statistics, in 2021, with the normalization of the global epidemic and the recovery of downstream demand, various production

The product segments all showed rapid growth, of which the total output value of packaging substrates, multi-layer boards and HDI boards in 2021 will increase by 39.4%, 25.4% and 19.4% year-on-year. Strong performance growth in various areas of PCB

The market demand is strong, and the key driving factor is the strong market demand for products in the computer, communication, consumer electronics, automotive electronics and other industries. According to Prismark's forecast, packaging substrates,

High-tech boards such as HDI boards will develop rapidly, and the growth rate will significantly exceed that of other PCB products.

bright future.