The Development Prospect Of The PCB Industry Is Bright, And The Chinese Market Is Growing Rapidly

PCB is a bridge that carries electronic components and connects circuits. It is known as the "mother of electronic products" and is an indispensable electronic component in modern electronic information products. The development level of the PCB industry can reflect the electronic information industry of a country or region. development speed and technical level. In the current environment of accelerated evolution of 5G network construction, big data, artificial intelligence, new energy vehicles, Industry 4.0, and the Internet of Things, the PCB industry has become the basic force linking the entire electronics industry chain. According to Prismark's forecast, the total output value of the global PCB industry will reach US$80.449 billion in 2021, a year-on-year increase of 23.35%; it is expected that the global PCB industry will maintain a compound growth rate of 4.8% from 2021 to 2026, and by 2026, the global PCB industry output value will reach US$101.559 billion .

The PCB industry is mainly distributed in Europe and the United States, Japan and South Korea, mainland China, Taiwan and other regions. Before 2000, the three major regions of America, Europe and Japan accounted for more than 70% of the output value of global PCB production, but in the past decade, due to the advantages of population, resources, policies, industrial agglomeration, etc., the global electronics manufacturing capacity has increased to mainland China, Asian regions such as Taiwan and South Korea are transferred. Since 2006, China has surpassed Japan to become the world's largest PCB producer. The output and output value of PCBs both rank first in the world, and gradually occupy half of the global PCB market. At present, as the largest producer of the global PCB industry, China's proportion in the total output value of the global PCB industry has increased from 31.18% in 2008 to 54.22% in 2021.

According to Prismark data forecast, in the next five years, China will still be ranked first in the global PCB industry in terms of output value, and will continue to develop at a level higher than the global overall growth rate. Based on China's huge domestic demand market and perfect supporting industrial chain, it can be predicted that For a long time, the trend of global PCB industry production capacity shifting to China will continue. The broad market space and stable growth rate provide rare development opportunities for Chinese industry participants.