Development and Trend Analysis of PCB Industry in China

1. China's PCB industry maintains rapid growth

Over the past decade, global PCBs have continued to migrate to Asia, especially China, and mainland China has quickly become a major electronics and PCB producer. China's domestic market potential and manufacturing advantages have attracted foreign investment, prompting China's PCB industry to grow in multiples in just a few years. The total output value of the industry has grown from 3.368 billion US dollars in 2000 to 21.636 billion US dollars in 2012. The world's largest PCB producing country. According to Prismark, China's PCB industry will continue to grow rapidly in the next few years, and its global market position will continue to increase. From 2012 to 2017, China's PCB output value will grow at a compound annual growth rate of 6.0%. By 2017, the total output value will reach US$28.872 billion, accounting for 44.13% of the global PCB output.

2. The regional distribution pattern of the domestic PCB industry has been formed.

According to the statistics of CPCA, there were about 1,500 domestic PCB industry enterprises in 2013, mainly distributed in the Pearl River Delta, Yangtze River Delta and Bohai Rim. PCB production in the Yangtze River Delta and Pearl River Delta accounts for about 90% of China's total output value; PCB production capacity in the central and western regions has also expanded rapidly in recent years.

Major distribution areas of China's PCB industry

The Yangtze River Delta and Pearl River Delta regions are regions where domestic electronic technology products are more developed, and are also the birthplace of IT and PCB. They enjoy unique advantages in terms of geography, talents and economic environment, and are currently in the stage of industrial upgrading. Low-end products in PCBs are gradually shifting to other parts of the Mainland, while high-end products and high value-added products continue to be concentrated in the Yangtze River Delta and Pearl River Delta regions. In the future, the domestic PCB industry is likely to form a research and development base for high-end PCB manufacturing, equipment and materials with the Pearl River Delta and the Yangtze River Delta; a two-hour economy led by the world's top 500 electronics companies including Chongqing, Sichuan, Hubei and Anhui on the Yangtze River. Industrial belt; the Bohai Bay Economic Circle led by Dalian in the north; and the industrial pattern of the processing area in the northwest of Guangdong after the opening of the Hong Kong-Zhuhai-Macao Bridge.

3. Domestic PCB main product structure tends to be diversified and high-end

According to the statistics of CPCA, since 2000, various types of PCBs in China have been obviously developed. The development speed of multi-layer boards, HDI boards and flexible boards is higher than the average development speed of the industry, and the development speed of single-panel and double-panel is relatively stable.

From the perspective of domestic PCB product development trends, the increase in output is slightly lower than the increase in sales, mainly due to the gradual development of product structure to multiple layers and high precision. China's multi-layer board and HDI board are in the growth stage of the industry, the scale is expanding, and the process is becoming more mature. Multi-layer boards are still the mainstream of market development; while HDI boards are driven by the demand for upgrading of downstream electronic information products, they are in a period of rapid development.