The Global Printed Circuit Board Production Value Will Reach 66.1 Billion US Dollars.
The PCB (Printed Circuit Board) industry is the industry with the largest output value in the global electronic components industry. With the continuous deepening of research and development and the continuous upgrading of technology, PCB products are gradually developing towards high density, small aperture, large capacity, and thin and light. Direction development. In 2015 and 2016, global PCB production increased slightly. However, due to factors such as the depreciation of the yen and the euro relative to the dollar, the dollar-denominated PCB production value declined slightly. Prismark's data shows that the total output value of the global PCB industry in 2018 reached 62.4 billion US dollars, an increase of 6.0%. Prismark said that the global PCB market will maintain moderate growth in the next two years. By 2020, PCB production will reach $66.1 billion, including the Internet of Things and automobiles. Electronics, industry 4.0, cloud servers, storage devices, etc. will be the new direction driving the growth of PCB demand.
The PCB industry is widely distributed throughout the world. The developed countries in Europe and the United States started earlier. After research and development, they made full use of advanced technology and equipment, so the PCB industry has made great progress. Over the past two decades, with the advantages of Asia (especially China) in labor, resources, policy and industrial agglomeration, global electronics manufacturing capabilities have shifted to Asia, such as China, Taiwan and South Korea. As the global industrial center moves to Asia, the PCB industry presents a new Asian manufacturing center model, especially in China. Since 2006, China has surpassed Japan to become the world's largest PCB producer, and its PCB production and output value rank first in the world. In recent years, the global economy is in a period of deep adjustment, and major economies such as Europe, the United States and Japan have greatly weakened the role of world economic growth. Their PCB market growth has been limited or even shrunk. As China's integration with the global economy has increased, it has gradually occupied half of the global PCB market.
2000-2018 global PCB production transfer