Emerging Industries Have Promoted Industrial Development, And China’s PCB Production Value Will Exceed 40 Billion U.S. Dollars In The Future.
1. [2018 China's PCB output value exceeds 34 billion multi-layer boards dominate]
China's electronic circuit industry is on the road of “industry transfer”. China has a healthy and stable domestic demand market and significant manufacturing advantages, attracting a large number of foreign-funded enterprises to shift their production focus to mainland China. After years of accumulation, the domestic PCB industry has gradually matured. As a major production area for single-layer PCBs, mainland China is expanding to the mid to high-end market.
In recent years, China's PCB production scale has expanded year by year. According to the analysis of the market prospects and investment strategic planning of China's printed circuit board manufacturing industry released by the Industrial Research Institute in the future, the output value of China's PCB in 2010 reached US$20.17 billion. As of 2017, China's PCB production value has increased to 29.73 billion US dollars, an increase of 9.7%, accounting for 50.53% of the global total. By the end of 2018, the scale and growth rate of China's PCB industry reached a record high, with an output value of US$34.5 billion, a year-on-year increase of 16.0%.
With the pursuit of light and thin, short-term development trends in downstream electronic products, PCBs continue to develop in the direction of high precision, high integration and thinness. However, compared with Japan, South Korea, Taiwan and other regions, PCB products in mainland China still dominate low-end products, such as single-panel and double-panel and multi-layer boards with less than 8 layers. In 2017, the proportion of multi-layer boards in China's PCB products reached 41.5%.
2. [Emerging industries will promote industrial development in the future. China's PCB output value will exceed 40 billion US dollars]
China is a globally influential electronic information product manufacturing base and consumer market. With the continuous advancement of "Made in China 2025", many well-known local companies have emerged in emerging markets such as mobile Internet, Internet of Things, big data, cloud computing, artificial intelligence, and driverless cars. Support more development opportunities in the electronics manufacturing industry.
In addition, since 2019, Henan, Beijing, Chengdu, Shenzhen, Jiangxi, Chongqing and other places have launched action plans or planning programs to support the 5G industry. With the advent of the 5G business era, the construction of network infrastructure such as base stations is accelerating, the requirements for communication materials are getting higher and higher, and the demand for 5G communication devices is also growing. Major operators in the future will invest more in the construction of 5G. Therefore, there will be a huge market for communication PCBs in the future. It is estimated that by 2022, China's PCB production value will exceed 40 billion US dollars, by 2024, the output value will reach 43.8 billion US dollars, the market size is very large.