Summary of PCB Industry Development

The data shows that the overall output value of the PCB industry in mainland China will reach US$35.009 billion in 2020, accounting for 53.68% of the total output value of the global PCB industry; in 2021, the PCB market in mainland China will grow rapidly, with a scale of US$43.616 billion, an increase of 24.59%.
China is the main PCB producing area in the world, and it is expected to maintain rapid growth in the future. It is expected that the compound annual growth rate of China’s PCB industry output value from 2021 to 2026 will be 4.6%. By 2022, the output value of my country’s PCB industry will reach 44.731 billion US dollars; by 2026, the output value of China’s PCB industry is expected to reach 54.605 billion US dollars.
In 2021-2022, the PCB market prospect is dominated by emerging application industries. The company is raising funds to lay out the PCB ecological chain, increase the research and development of the company’s PCB core technology, expand production lines to increase production capacity, and plan new PCB application markets in the next few years.
China’s Industrial Policy Support
The Chinese government has issued a series of industrial policies and plans to guide and promote the healthy and sustainable development of the industry.
The “Thirteenth Five-Year Plan” National Strategic Emerging Industry Development Plan promulgated by the State Council proposes: “Promote the construction of robotic automated production lines, digital workshops and smart factories with independent intellectual property rights, provide overall solutions for key industries, and promote the intelligentization of traditional manufacturing industries. Retrofit”.
PCB Special Equipment Market Growth
With the rapid development of electronic information industries such as 5G communication equipment, smartphones and personal computers, VR/AR and wearable devices, advanced assisted driving and driverless cars, the global high-level multi-layer boards, HDI boards, IC packaging substrates, many With the rapid development of high value-added PCB products such as multi-layer flexible boards, in addition to the increasing demand for special equipment, the demand for high technology will also increase the price of special equipment, thereby promoting the rapid growth of the PCB special equipment market.

(Photo courtesy of Mr. Jorge Ramirez)
Healthy and Rapid Development of PCB Industry
The terminal application industries served by PCB special equipment include 5G communications, consumer electronics, automotive electronics and other industries. In recent years, China has issued a series of positive policies to encourage the development of the PCB industry to guide the PCB industry into the track of healthy development;
With the popularization of mobile Internet and the rapid growth of market demand for electronic products such as automotive electronics and portable medical devices, PCB manufacturers continue to increase investment in special equipment, effectively promoting the development of the PCB special equipment manufacturing industry.
PCB Manufacturers Continue to Expand Production
With the continuous transfer of the PCB industry to China, the investment scale obtained by PCB will increase, which will also bring huge market demand for various types of PCB special equipment.
PCB Industry Industry Chain
PCB is a bridge that carries electronic components and connects circuits. It plays the role of connection and bearing. It is irreplaceable in the entire electronic product and is known as the “mother of electronics”.
The upstream of the printed circuit board industry chain mainly includes the production of glass fiber cloth, copper foil, epoxy resin and other raw materials and the production of copper clad laminates; the midstream is the PCB manufacturing link; the downstream is the production of various electronic products, including communications, consumer electronics, automobiles Electronics, industrial control, medical, aerospace, defense, semiconductor packaging and other fields.
Summarize
The technological development of the PCB industry is closely related to the demand for downstream electronic terminal products. With the rapid development of electronic information technology, the speed of replacement of electronic products is accelerated, and the new generation of electronic products is developing in the direction of miniaturization, portability and multi-function, which promotes the development of PCB products in the direction of high density, high performance and environmental protection.




