From 2016-2021, the global PCB market has shown a fluctuations in fluctuations. The PCB industry was affected by the new crown epidemic. In 2019, the global market size decreased by 1.3%year -on -year; after 2020, the global PCB market resumed from the epidemic. A year -on -year increase of about 23%.
In summary, in the background of the post -epidemic era, the strong downstream consumer demand promotes the global PCB growth rate of double digits. Therefore, the global PCB industry market scale demand is relatively active, laying a good foundation for the steady growth of future output value.
Rigid board is currently the mainstream product type
The global PCB segment is mainly concentrated on the main product types of single -panels, double panels, multi -layer boards, HDI, packaging substrates, and flexible boards.
From 2016-2021, in the global PCB market, rigid boards still account for the mainstream position. Single-panels, double panels and multi-layer boards are rigid boards. Among them, the proportion of multi -layer boards in 2021 was about 39%; and the proportion of single/double panels accounted for more than 10%; followed by flexible boards, accounting for 17%; HDI boards and packaging substrates accounted for about 15%and 18%, respectively. Essence
With the booming development of the PCB industry technology, electronic products have become more prominent on the high -density requirements of PCB. According to the information of Shengyi Electronics, in the next five years, under the data processing center drive, packaging substrates and multi -layer boards will grow rapidly.
Asian PCB industry is booming
According to PRISMARK's information, Asian companies in the world's top 20 PCB manufacturers in 2021 occupy a large share, of which 9 Chinese companies (Zhending, Xinxing Group, Huatong, Jian Ding, Han Yude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bud, Hanyu Bude, Hanyu Bud, Hanyu Bud, Hanyu Bud, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bude, Hanyu Bud, South Asian circuit board, Shanghai Shi, Jingshuo, Taijun), 3 in mainland China (Dongshan Precision, Shennan Circuit, Jingwang Electronics), 4 Japanese (Qisheng, Mi Fei Electric, Shin Kong Electric, Naming Electronics), South Korea 2 Home (Samsung Electric and Yongfeng Group), 1 US (Schndry Technology) and 1 Austrian (Altus).
From the perspective of output value, Taiwan's Zhending has the largest output value, exceeding 5.5 billion US dollars; followed by Taiwan's Xinxing Group, China, with an output value of nearly $ 4 billion; the precision output value of Dongshan in mainland China exceeds US $ 3 billion. The output value of the top 20 PCB manufacturers in the world is above $ 1.2 billion. Therefore, the global PCB industry is currently developing.
Taken together, the proportion of Asian local PCB manufacturers accounts for 90%, while European and American manufacturers account for only 10%. Therefore, the global PCB industry center of gravity is currently in the Asian regional market, and the Asian PCB industry is developing rapidly.
Communication and computer are the main application fields
According to PRISMARK data, among the market size of the global PCB industry in 2016-2021, the proportion of advanced communications and computer markets fluctuates around 70%, and consumer electronics and automotive electronically downstream market demand has remained stable fluctuations.
Taken together, the global PCB industry applications are mainly advanced communication and computers. In recent years, electronic products and technology have become more and more advanced and advanced. At the same time, the gradual popularization of 5G, the Internet of Things, and cloud storage will stimulate the market's demand for high -performance, high -capacity communication equipment and servers; With great development potential, the application of PCB in the field of advanced communication and computer will be deeper.
Note: The field of advanced communication includes mobile phones, wired infrastructure, and wireless infrastructure; the computer field includes PC, server/memory, and other computers.
The market size will exceed 100 billion US dollars in the future
According to the PRISMARK forecast, the global PCB market will maintain a moderate growth in the next five years. The Internet of Things, automotive electronics, industry 4.0, cloud server, storage equipment, etc. will become a new direction for driving PCB demand growth. In 2027, the global PCB market size will exceed $ 100 billion, with an average annual growth rate of nearly 5%.
There are four major development trends in the global market
PRISMARK is expected to continue to dominate the development of the global PCB market in the next 5 years, while China is unshakable in the Asian market. Under the trend of PCB's "large -scale and centralized" trend, it has established a large -scale PCB of the leading advantage earlier. The company will gain a greater advantage in the future global market competition.
In terms of product types, the PCB industry is the industry with the largest output value in the global electronic component segmentation industry. With the deepening of research and development and the continuous upgrading of technology, PCB products have gradually developed in the direction of high density, small pores, large capacity, and lightness.
In terms of downstream application fields, under the background of global economic recovery, the demand for the communications electronics industry is relatively stable, the hotspots of the consumer electronics industry frequently appear, and the new demand for downstream markets such as automotive electronics and medical devices has begun to outbreak.
Automobile intelligent creation of PCB new increase demand
According to data released on July 11, the China Automobile Association released data on July 11. In the first half of 2022, my country's new energy vehicle output was 2.661 million units, with sales of 2.6 million units, an average of 1.2 times year -on -year, and the market penetration rate reached 21.6%. Among them, in June, the production and sales of new energy vehicles were 590,000 and 596,000, respectively, an average of 1.3 times year -on -year, and the market penetration rate reached 23.8%.
With the rising sales of new energy vehicles, various industrial chains in the upstream and downstream have also ushered in rapid development. At the same time, benefiting from the growth of downstream market demand, technological upgrading and recovery of supply chain, the PCB industry has continued to rise. It is understood that the proportion of automotive electronics in the cost of the entire vehicle is different: according to market positioning, the proportion of car electronics in compact passenger cars and mid -to -high -end passenger cars is 15%and 28%respectively; according to the type of power type, respectively; From the perspective, the cost of hybrid and pure electric passenger cars accounted for 47%and 65%.
According to Verify Market Research, the automotive PCB market from 2021 ~ 2028 will maintain a growth of 5.30%. The market size will increase from $ 7.81 billion in 2020 to $ 12.48 billion in 2028.
The Asia -Pacific region is the largest market and the fastest growing market. In terms of area, the PCB market size in the Asia -Pacific region ranks first in the world, accounting for 38%of the world's market share. At the same time, according to Mordor Intelligence's forecast, the Asia -Pacific market will become the highest growth market in the future. Among them, the Chinese market will also become a rapidly growing market.
Under the "New Four Four of them", the proportion of automotive electronics has continued to increase. PCB in automotive electronic applications is an important base support to enhance the application needs of car PCB.
The first is that the original advanced driving assistance system (ADAS system) is no longer limited to high -end models, and is gradually extending to the mid -end market and entry market. Including safety functions, such as driver fatigue driving alerts, blind spot monitoring, and sensors required for autonomous driving assistance functions, they are inseparable from a PCB that can ensure the above functions of efficient and stable implementation.
The second is the smart cockpit, multi -screen development, and seat electrification significantly increased PCB dosage. In order to cater to consumption upgrades, major hosting manufacturers have become more in the third space. Smart cockpit can realize entertainment, interconnection, positioning, and service functions. In addition, the rapid growth of the Internet of Vehicles has increased the T-BOX assembly rate correspondingly. For example, data transmission, remote control and security services can be achieved on the mobile app.
Another large demand increment is the electrical control system of new energy vehicles. As the key part of new energy vehicles, the electronic control system is PCB, which mainly includes VCU (vehicle controller), MCU (motor controller) and and BMS (battery management system).
For the specific dosage of the PCB of the above modules, public information shows that the VCU and MCU are 0.03 square meters and 0.15 square meters. Due to the complex architecture, the BMS needs to be used. The management unit is 2 to 3 square meters.
PCB has abundant application scenarios in various fields of the car, such as control systems, audiovisual systems, GPS modules, etc. In the future, with the continuous improvement of automotive electronics, the demand for car PCB application will continue to increase.
On the other hand, the continuous improvement of ADAS penetration and automation under the wave of intelligence, the accelerated penetration of new energy vehicles under the wave of electrification, and some car electronic components that were originally used for mid -to -high -end models such as anti -dead braking system (ABS) , Electronic Stability Control System (ESC), reversing imaging system, etc. accelerated the penetration of medium and low -end models, etc., all directly promoted the increase in car PCB.
With the continuous improvement of PCB demand and the iterative upgrade of technology, the technical changes of PCB are also advancing with the times. As the basic piece of electronic machine products, the quality of PCB will directly affect the performance and life of the electronic machine. The certification of PCB suppliers in large OEMs is very strict. The inspection cycle is 1 to 2 years, but once a stable cooperation relationship is formed, it will not change easily.