Research on China’s PCB Industry Market Prospects in 2019( Part two)

PCB industry overview

PCB is an important electronic component, mainly composed of two kinds of materials: insulating substrate and conductor, which plays a role of support and interconnection in electronic equipment. The main advantages of using a circuit board are greatly reduced wiring and assembly errors, increased automation levels and production labor rates. With the continuous expansion of printed circuit board application scenarios, downstream products continue to innovate, printed circuit boards can be generally divided into rigid circuit boards, flexible circuit boards, metal-based circuit boards, HD boards and package substrates.

Global PCB industry market status

PCB is an indispensable component in electronic products. As the level of technology continues to increase, its demand is stable and will continue to grow. The PCB industry has become a global industry with an annual output value of more than 50 billion US dollars. In 2018, the global PCB market output exceeded 60 billion US dollars. In the future, driven by the continuous development of the global electronic information industry, the global PCB market output value is expected to reach 66 billion US dollars in 2019. In 2020, global PCB production is expected to be nearly $70 billion. China’s PCB production value will continue to increase



China PCB industry market analysis
In recent years, due to factors such as rising labor costs and environmental protection requirements in coastal areas, the PCB industry is gradually shifting from the developed areas of electronic technology such as the Yangtze River Delta and the Pearl River Delta to provinces and cities with better industrial conditions in the Mainland. At present, China has formed a PCB industry gathering belt with the Pearl River Delta region and the Yangtze River Delta region as the core region. According to statistics, in 2017, the number of domestic PCB industry enterprises was about 1,300, mainly distributed in the Pearl River Delta, the Yangtze River Delta and the Bohai Rim region. The PCB production value in the Yangtze River Delta and the Pearl River Delta accounted for about 90% of the total output value of mainland China.


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