The PCB (Printed Circuit Board) industry is the industry with the largest output value among the global electronic component industry. With the deepening of research and development and the continuous upgrading of technology, PCB products are gradually moving to 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 compared with the US dollar, the dollar-denominated PCB output value declined slightly. According to Prismark, the total output value of the global PCB industry reached US$62.4 billion in 2018, up 6.0% year-on-year. According to Prismark, the global PCB market will maintain a moderate growth in the next two years. In 2020, PCB output will reach US$66.1 billion, Internet of Things and automobiles. Electronics, industry 4.0, cloud servers, storage devices, etc. will become a new direction driving the growth of PCB demand.
The PCB industry is widely distributed around the world. The developed countries in Europe and the United States started early, researched and developed and made full use of advanced technology and equipment, so the PCB industry has made considerable progress. In the past two decades, with the advantages of Asia, especially China in terms of labor, resources, policies, and industrial agglomeration, the global electronics manufacturing capacity has shifted to Asia, such as China, Taiwan, and South Korea. As the global industrial center shifts to Asia, the PCB industry presents a new pattern of manufacturing centers in Asia, 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 the major economies such as Europe, the United States, and Japan have significantly weakened the role of world economic growth. Their PCB market growth has been limited or even shrinking; and the integration of China and the global economy is increasing, gradually It occupies half of the global PCB market.
As the largest producer of the global PCB industry, China’s share of the global PCB industry’s total output value has increased from 8.1% in 2000 to 52.4% in 2018. The output value of the Americas, Europe and Japan has fallen sharply. China and other Asian countries. The PCB industry in regions (mainly South Korea, Taiwan, and Southeast Asia) has developed rapidly.