Shenzhen Xindahui Electronics Co., Ltd

Analysis of the global PCB industry market size and development prospects in 2021

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Release time: 2021-07-06 17:05:27


The printed circuit board is the key electronic interconnection of electronic products and is known as the "mother of electronic products". The current global printed circuit board market has reached more than 65 billion US dollars.


In terms of regional distribution, the Asia-Pacific region headed by China has become the main market for printed circuit boards in the world; in terms of product segmentation, multilayer boards and flexible boards are still the main products of printed circuit boards. In the future, as the global electronics industry continues to upgrade and progress, the global printed circuit board market is expected to continue to grow.


The development history of the global PCB industry


Printed circuit board (PCB) is a board made of materials with insulation and heat insulation and a certain strength to fix various components in the circuit and provide the connection circuit between the components.


With the rapid development of microelectronics technology, especially the widespread application of transistor electronic systems and equipment, the functions and structures of electronic systems and equipment have become very complex, so the initial manual circuit construction method is far from meeting the requirements of the design. Need, then the concept of printed circuit board appears.


The global PCB output value exceeds 65 billion U.S. dollars


The manufacturing quality of printed circuit boards not only directly affects the reliability of electronic products, but also affects the overall competitiveness of downstream products. At present, in the field of downstream applications, communication electronics and consumer electronics have become the main areas of PCB applications. In the future, with the emergence of emerging demands in downstream fields such as automotive electronics, wearable devices, industrial control, and medical equipment, the PCB industry will usher in new growth points.


From the perspective of changes in global printed circuit board output value, the global printed circuit board output value has shown a volatile change from 2014 to 2020, which first decreased and then increased. In 2020, the global global printed circuit board output value will be approximately 65.2 billion US dollars.


The Asia-Pacific region led by China is the main PCB market


In terms of the global PCB industry market area, according to PR Newswire statistics, the market in the Asia-Pacific region will account for 90% of the total global market in 2020, of which the PCB market in mainland China will account for about 53.8% of the total global market; in North America and Europe, 2020 The annual PCB market share accounted for 4.8% and 3.2%, respectively, which accounted for a very small proportion.


There is still room for growth in the global PCB market in the future


With the continuous improvement of living standards and consumption levels, end consumers pay more attention to the user experience and high-tech content of electronic products, the upgrading of electronic products is accelerating, the continuous development of new technologies, new materials, and new designs and the rapid transformation of printed circuits The board industry provides a vast downstream demand space.


And in the future, with the emergence of emerging demands in downstream fields such as automotive electronics, wearable devices, industrial control, and medical equipment, the PCB industry will usher in new growth points. Therefore, according to the growth rate, the global printed circuit board market is expected to grow to 78 billion U.S. dollars by 2026.

    

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