Analysis on the development prospect of PCB industry in China from 2015 to 2020

At present, the development of the global printed circuit board industry has entered a relatively stable development period and has formed seven major production centers including Hong Kong, Japan, Taiwan, Korea, the United States, Germany, and Southeast Asia. At present, the development of the global printed circuit board industry has entered a relatively stable development period and has formed seven major production centers including Hong Kong, Japan, Taiwan, South Korea, the United States, Germany, and Southeast Asia, of which Asia accounts for 79.7% of the global gross domestic product. Due to its advantages in industrial distribution, manufacturing cost and other aspects, China has become the most important PCB production base in the world. In 2013, the output value of the Chinese PCB has accounted for more than 44.2% of the global total output value. However, the market share of Chinese single enterprises is small and their leading ability in the market is not strong.

In the past 20 years, through the introduction of foreign advanced technology and equipment, China's PCB industry has developed rapidly. In 2002, the output value of PCB in China surpassed that of Taiwan and became the third-largest PCB producer in the world. In 2003, the output value and import and export volume of PCB in China both exceeded 6 billion us dollars, making China the second-largest PCB board manufacturer in the world. In 2006, China surpassed Japan for the first time and became the largest PCB manufacturing base in the world. In 2010, the output value of PCB China increased rapidly to $18.5 billion, and the global share rose to 35.3%. In 2011, the total output value of PCB in the world reached 55.409 billion us dollars. The output value of PCB in China remained stable, and the global output value rose to 39.8%. In 2012, the global PCB industry was affected by the weak global economy, and the growth rate declined. The output value of Chinese PCB still occupies a high market share in the world.

Looking forward to the future, the global PCB industry will continue to develop in a new round of growth cycle, the growth of the terminal application market will continue to drive the development of the upstream industry, more and more innovative application terminal electronic products rise, will also provide more market growth point for the global PCB industry. Just for domestic, as China's economy steady recovery and continuous transformation, in the next few years the development of PCB China industry will usher in more opportunities: first, the industry continues to transfer and the establishment of the world-famous PCB factory production base in China, will further highlight China's PCB industry cluster advantage, also will create faster growth and development of domestic enterprises, through the fierce market competition and learning effect to promote technical strength and management level to a new step. Secondly, the development of seven strategic emerging industries during the 12th five-year plan period will provide more development opportunities and policy support for the development of China PCB manufacturer. Finally, consumption is expected to play a more important role in driving economic growth. The rapid development of the domestic consumer market will further promote the expansion of the application market and indirectly drive the development of the upstream PCB industry.