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Analysis On The Development Prospect Of China's PCB Industry In 2018

Jul 16, 2018

In the next five years, the output of PCB in mainland China and the world will grow moderately.From 2015 to 2016, the global macro economy was sluggish, the downstream demand was tired, and the PCB output value showed negative growth for the first time.The PCB market rebounded in 2017, up 8.6% year on year, the highest growth rate since 2011.In all terminal products, except computer atrophy, other products maintain a stable level, driving PCB demand growth.In addition, the consumer market of all kinds of electronic products emerging applications, such as electronics, electronic hearing aid dressing, glucose meter, electric vehicle intelligent devices, aerospace and other fields, also drive the PCB orders increased.According to the market analysis of institutions in the global electronic information industry sustainable development, in 2017 and 2022, global PCB production compound growth rate of 3.2%, of which China PCB production will be from $29.7 billion to $35.7 billion in 2017, CAGR3.7 %.

 

The transfer of production capacity has been preliminarily completed.In mainland China and other parts of Asia (with the exception of China and Japan) as well as the growing emerging market, North America and Europe once an industry leading, market share fell to 8.7% in 2016, the production capacity is gradually atrophic, mainly used in the special fields such as military aerospace, precision instruments and meters, mainly from Asia to other types of PCB purchasing.Japanese manufacturers have focused on maintaining core technology advantages, shifting low-end PCB production capacity to other low-cost regions, while retaining production capacity for high-end products.As the main production area of single-layer PCB in mainland China, it is extending to the middle and high-end market.China's PCB industry as a whole shows a rapid development trend.In 2017, thanks to the global transfer of PCB production capacity to China and the impact of the booming production of electronic terminal products downstream, China's PCB output in the world increased from 50.0% in 2016 to 50.5%.

 

PCB is a necessary component for most electronic equipment products. Its downstream application covers a wide range of fields, including communication, computer, aerospace, industrial control and medical treatment, consumer electronics, automobile electronics, etc.From 2009 to 2016, communication and automotive electronic PCB applications increased the most significantly.In the next three years, the automobile and industrial control medical market will grow the fastest in the downstream areas of PCB.

In the downstream area of PCB, the automobile and industrial control medical market grows the fastest (unit: us $1 billion)


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