In recent years, with the global electronics industry shifting to China, the focus of the PCB industry has also shifted to the mainland. In the past, global PCB production value was 70% distributed in Europe, America (mainly North America), Japan and other three regions.
With the continuous transfer of production capacity, the Asian region has become a major global PCB supply base, with a total output value close to 90% of the global total, and China has become a global PCB production area.
According to Prismark data, global PCB production value increased from 41.2 billion US dollars in 2009 to 58.8 billion US dollars, with an average annual compound growth rate of 4.55%. In 2017, China's PCB output value reached 29.732 billion US dollars, accounting for more than 50% of the global total output value.
As the "mother of electronic products", PCB plays a leading role in the industrial chain, and its downstream application field is very amplitude. Traditionally, communications, computers, and consumer electronics are the main areas of domestic PCB applications. Now with the development of automotive electronics and the advancement of 5G construction, it is expected to drive PCB products to increase in volume in the next two years.
