Reported by pcbinfo.net
In 2017, the global 40 leading PCB manufacturers took over 60% share of the industry’s overall output volume, increased by 15.9% from that of 2016. This figure of market share is going up. As estimated by Prismark, the PCB industry will keep growing securely and steadily in 2018, and the annual composite growth rate for 2017 to 2022 is to maintain at about 3.2%.
China sees its PCB industry enjoy a growth rate slightly higher than the world’s average. As Prismark expected, the PCB industry in the country will increase by 9.6% in 2017, with an annual composite growth rate at about 3.7% from 2017 to 2022. And it will remains unchanged that the global PCB industry is shifting towards Asia, the Chinese Mainland in particular. It estimates that in 2017 the Chinese Mainland will see its PCB industry output volume account for 50.5% of the world’s total, leaving Chinese Taiwan and Korea quite behind.
The Chinese Mainland enjoys well-developed PCB industry chains, in addition to support from favorable state policies. As pointed out in the “13th Five-year Plan”, the country is going to step up its pace to construct “fast, mobile and safe” information infrastructure, as PCB is a must not only to the promotion of high-speed wireless network, new energy vehicle industry, intelligent manufacturing, artificial intelligence, 5G technology and Ultra-wideband research, but also the preparation of network structure, technical system and security system for the future. Therefore, the PCB industry in China is still experiencing powerful internal impetus.
As a result of tightening raw materials supply in the PCB market and increasingly strict environmental protection policy, the standard of access to the industry is being lifted, and the concentration ratio becoming higher. Therefore, companies better in ability and security will gain more market shares.
To look into the future of PCB industry development, players across the world is increasingly focusing on high accuracy, high intensity and high liability products, cutting costs, bettering performance, reducing weight and size, improving production efficiency and lowering environmental impact, so as to benefit downstream electronic terminal device industries. HDI, FPC, Rigid-flex PCB and IC substrates will become the key sectors for industry development.
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