After The PCB, The FPC Department Will Usher In The Opportunity
The 5G structure will accelerate and the PCB will usher in greater development. In 2018, the output value of China's PCB industry reached 32.702 billion US dollars, accounting for 52.4% of the global PCB production value. In the next five years, the global PCB compound growth rate will be 3.7%, China's compound growth rate will reach 4.4%, and China's PCB production market share will reach 54.3% in 2023.
The global PCB growth power is divided into the following stages:
Computer driven: 1989-1999 global PCB compound growth rate of 5.7%.
Functional mobile phone driver: 1999-2009 global PCB decade compound growth rate of 1.3%.
Smartphone driver: 2009-1818 global PCB nine-year compound growth rate of 4.7%.
5G + IoT Driver: The global PCB compound annual growth rate is expected to be 3.18-2023 3.7%.
With the demand for 5g and some changes in some networks, new areas will usher in opportunities, which is an important segment of PCB.
PCB refers to a printed board on a general purpose substrate that forms inter-point connections and printed features according to a predetermined design. Its main function is to make various electronic components form the connection of predetermined circuits, play the role of conduction and transmission, and is the key electronic interconnection of electronic products.
Among all PCB subcategories, FPC will be the fastest growing segment. According to Prismark's forecast, by 2021, the global FPC's total output value will reach 13.762 billion US dollars, compared with 2016 can achieve a compound growth rate of 4.78%.