In 2018, the output value of PCB in China exceeded 34 billion yuan
China's electronic circuit industry is on the path of "industrial transfer", and China has a healthy and stable domestic market and significant advantages in production and manufacturing, attracting a large number of foreign enterprises to shift their production focus to mainland China. After years of accumulation, the domestic PCB industry is gradually becoming mature, and mainland China, as the main production area of single-layer PCB, is further extending to the middle and high-end market.
In recent years, the output value of PCB in China has been expanding year by year. According to the statistical data of "China printed circuit Board Manufacturing Industry Market Outlook and Investment strategy Planning Analysis Report" released by Qianzhan Industry Research Institute, the output value of China's PCB has reached 20.17 billion dollars in 2010, by 2017, the output value of China's PCB has increased to 29.73 billion dollars, with a year-on-year growth of 9.7%. It accounts for 50.53% of the world's total. By the end of 2018, the output size and growth rate of China's PCB industry had reached a record high, reaching $34.5 billion, with a year-on-year growth of 16.0%.
As the downstream electronic products pursue the development trend of light, thin, short, small, PCB continues to develop to the direction of high precision, high integration, thin and light. However, compared with Japan, South Korea, Taiwan and other regions, PCB products in mainland China are still dominated by middle and low end products such as single and double panel, multi-layer board with less than 8 layers. In 2017, 41.5% of PCB products in China were multilayer boards.
In the future, the output value of PCB in China will exceed 40 billion US dollars
China is an influential manufacturing base and consumer market for electronic information products in the world. With the continuous advancement of "Made in China 2025", a number of globally famous local enterprises have emerged in emerging markets such as mobile Internet, Internet of Things, big data, cloud computing, artificial intelligence and driverless cars, providing more development opportunities for supporting electronic manufacturing industry.
In addition, since 2019, Henan, Beijing, Chengdu, Shenzhen, Jiangxi and Chongqing have introduced action plans or planning schemes 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 5G communication equipment has higher requirements for communication materials, and the demand will be greater. Major operators will invest more in 5G construction in the future, so communication PCB will have a huge market in the future. It is expected that by 2022, the output value of PCB in China will exceed 40 billion US dollars, and by 2024, the output value will reach 43.8 billion US dollars, which means that the market size will be greatly improved.
Industrial investment to upgrade Taiwan PCB industry to 5G intelligence
The total domestic and overseas output value of PCBS from Taiwan merchants on both sides of the Taiwan Straits increased from NT $522.2 billion in 2013 to NT $651.4 billion in 2018, with a growth rate of 24.7%. TPCA (Taiwan Circuit Board Association) said that in the face of many changes in the future of U.S.-China trade, industry norms in mainland China, and preferential investment back to Taiwan, both sides of the Taiwan Straits have offered preferential investment recently. However, the transfer of pcb factory depends on the requirements of end customers and whether the upstream and downstream supply chain is complete.
In response to the advent of the 5G era, Taiwan's PCB industry has invested in upgrading its manufacturing process capacity and production technology. In the first quarter of this year, under the combination of the international situation, investment incentives, 5G layout and other three factors, PCB industry has successively adopted the action plan to welcome Taiwan's investment back to Taiwan and the three-dimensional development plan for the renewal of urban industrial zones. The total investment amount is more than 15 billion Taiwan dollars, in Taiwan for high-level products and 5G layout investment, it is reported that there are still manufacturers will apply for proposals in the future.
Emerging markets such as 5G, artificial intelligence and Internet of vehicles pose higher challenges to PCBS
At present, in the printed circuit board industry, the demand for PCB is increasing day by day in 5G, Internet of things, data center, automobile electrification and intellectualization. The PCB industry has sufficient growth power, and PCB products tend to be high-end -- high system integration and high performance.
Emerging markets such as 5G, artificial intelligence and Internet of vehicles also pose higher challenges to PCBS. For PCB products in these emerging markets, the process and raw materials of high-end high frequency and high speed pcb board need to be comprehensively upgraded, and the technical barriers are comprehensively improved. The key to realize high frequency of PCB lies in high frequency copper-clad material and PCB manufacturer's own processing technology.