1. The industry is mainly concentrated in Jiangsu and Guangdong.
As a basic electronic component, PCBA products are mainly built around the downstream industries. At present, there are about 1,500 PCB companies in China, mainly distributed in the electronics industry such as the Pearl River Delta, the Yangtze River Delta and the Bohai, where the demand for basic components is large and there are good transportation conditions and water and electricity conditions. Among them, the two provinces of Guangdong and Jiangsu have a high degree of aggregation. In 2017, the sales revenue of Guangdong PCBA industry accounted for 40% of the industry, and Jiangsu reached 30%. The total proportion of the two reached 70%, and the regional concentration was high.
2. Emerging industries promote the development, China's PCBA output value will exceed 40 billion US dollars
China is a globally influential electronic information product manufacturing base and consumer market. With the continuous advancement of "Made in China 2025", in emerging markets such as mobile Internet, Internet of Things, big data, cloud computing, artificial intelligence, cars, etc. A number of well-known local companies have emerged to provide more development opportunities for the supporting electronics manufacturing industry.
In addition, since 2019, Henan, Beijing, Chengdu, Shenzhen, Jiangxi, Chongqing and other places have launched action plans or planning programs to support the 5G industry. With the advent of the 5G commercial era, the construction of network infrastructure such as base stations is accelerating, and the requirements for communication materials are higher and the demand for 5G communication equipment will be larger. Major operators will invest more in 5G construction in the future. Therefore, there will be a huge market for communication PCBs in the future. It is estimated that by 2022, China's PCBA output value will exceed 40 billion US dollars, and by 2024, the output value will reach 43.8 billion US dollars, and the market scale is very large.
