Overview and Trend Analysis of Global PCB Industry

After decades of development, the PCB industry has become a global industry. In recent years, the global PCB industry output value accounts for more than 1/4 of the total output value of the electronic component industry, and it is the industry with the largest proportion of the electronic component segmentation industry, occupying a unique position. In order to actively respond to the development needs of downstream products, PCBs are gradually developing in the direction of high density, high integration, fine lines, small aperture, large capacity, light and thin, and the technical content and complexity are continuously improved.

1. The global PCB industry will maintain steady growth

According to Prismark statistics and forecasts, the global PCB output value in 2010 was 52.568 billion US dollars, an increase of 27.3% compared with 2009; the global PCB output value reached 55.409 billion US dollars in 2011, an increase of 5.6% compared with 2010; the global PCB output value reached 54.31 billion US dollars in 2012. , compared with 2011, 2.0%; from 2012 to 2017, the global PCB will maintain a steady growth rate of 3.9% annual compound growth rate, and the overall size in 2017 is expected to reach 65.654 billion US dollars.

2. Asia has become the global PCB leader, and China is at the center of the Asian market.

Before 2000, 70% of global PCB production value was distributed in Europe, America (mainly North America) and Japan. Since the beginning of the 21st century, the focus of the PCB industry has continued to shift to the Asian region, forming a new industrial structure. The PCB output value in Asia is close to 90% of the global total, which is the dominant PCB in the world, especially in China and Southeast Asia. According to Prismark, since 2006, China has surpassed Japan to become the world's largest and fastest-growing PCB manufacturing base, and has become a major growth driver for the global PCB industry. In 2012, China's PCB output value reached 21.636 billion US dollars, accounting for 39.84% of the global PCB output value. From 2008 to 2012, the annual compound growth rate of China's PCB production value reached 9.52%, higher than the global growth level. According to Prismark, China's PCB production value will reach 28.972 billion US dollars in 2017, accounting for 44.13% of the global total output value.

Global PCB market output distribution and changes

3. The global PCB product structure is increasingly optimized, and the future development trend is clear.

As downstream electronic products pursue light, thin, short and small development trends, PCBs continue to develop in the direction of high precision, high integration, and thinness. In 2011, the global single/double panel total output value increased by 0.4% compared with 2010; the multi-layer board output value increased by 1.1%, and its total volume still dominates the PCB board; HDI board increased by 17.4%, which is in the PCB board. The type of growth rate of output value was the largest; the growth rate of output value of package substrate and flexible board was 6.6% and 12.4%, respectively. In 2012, global single/double panel output value decreased by 8.7% compared with 2011; multi-layer board output value decreased by 9.1%, still in the main position; HDI board output value increased by 5.8%, continued to maintain a good growth trend; package substrate output value decreased by 4.7%; The output value of flexible boards increased by 17.2%. According to Prismark, the global PCB industry will continue to develop steadily in the future. HDI boards and multi-layer boards will maintain a good momentum of development; from 2012 to 2017, the compound growth rate of HDI boards will reach 6.5%, becoming the main growth point of the PCB industry; The compound growth rate of multi-layer boards will reach 1.2%.

4. Strong demand in major application fields in the future, strong PCB industry pull

The good development momentum of the electronic information industry is the basis for the growth of the PCB industry. The continued high prosperity of the PCB downstream sector will drive the rapid development of the PCB industry. With the development of modern technology, the downstream field of PCB is currently experiencing favorable opportunities for technology upgrades and product replacement. The replacement cycle of the top three computer, communication and consumer electronics products is steadily shortening. The new consumption hotspots have made the PCB industry face a broader market space and scale of demand. According to Prismark statistics and forecasts, the global electronic system product value in 2010 was $1.756 billion, reaching $1.99 billion in 2012, and $2.369 billion in 2017, with an average compound annual growth rate of 4.41%.