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Home Industry News PCB accelerates its breakthrough, high-end products are highly competitive

PCB accelerates its breakthrough, high-end products are highly competitive

  • December 02, 2021
According to Prismark's forecast, the PCB industry is expected to grow at 8.6% in 2021, and it will grow at a compound annual growth rate of 5.8% between 2020 and 2025. By 2025, the global PCB industry output value will reach 86.33 billion U.S. dollars.

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With the continuous development of science and technology, new technologies and applications such as 5G communications, cloud computing, big data, artificial intelligence, Internet of Things, electric vehicles, etc. continue to emerge, and the demand for PCBs is also growing. It is worth noting that although China is a large manufacturing country and there are many PCB companies, the homogeneity of products is more serious, and it is over-concentrated on low-end PCBs with cost advantages, including traditional single and double-layer boards and multilayer boards; The proportion of high-end PCBs is still relatively low, especially for packaging substrates, high-end HDI boards, and multilayer boards.

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At present, the market demand for high-end PCB boards has exploded rapidly, but the output of production capacity has increased slowly, resulting in a large gap between market demand and supply. With the continuous improvement and gradual optimization of China's PCB manufacturing technology, the market share of traditional single and double-sided PCBs and multilayer PCBs has gradually declined, and the market share of high-tech, high value-added PCB boards has continued to rise. Faced with the continuous iteration and update of market demand, many PCB companies have begun to enter the high-end PCB field with higher technical thresholds and greater capital investment. Although some technologies or production capacities are backward, the market competition in the PCB industry is still fierce.

The supply of high-end PCB market is still dominated by foreign manufacturers. As domestic PCB peripheral supporting facilities are not perfect, some key PCB materials, high-end equipment, and engineering software are dependent on imports. With the gradual breakthrough of domestic manufacturing technology, the related supply chain will also achieve better growth. Domestic PCB companies will gradually grow up to develop independent innovative technologies and equipment to respond to the rapidly changing needs of the market.

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