Analysis of the market size and development prospects of the global printed circuit board industry in 2021 There is still room for growth in the global PCB market in the future

Analysis of the market size and development prospects of the global printed circuit board industry in 2021 There is still room for growth in the global PCB market in the future

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 U.S. dollars;

In terms of regional distribution, the Asia-Pacific region led 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 core data of this article: global printed circuit board output value, regional distribution of global printed circuit board output value, global printed circuit board market share, etc.

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 complicated. Therefore, the initial manual circuit building method is far from meeting the requirements of the design. Need, then the concept of printed circuit board appears.

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 U.S. 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, and 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.

Multilayer boards and flexible boards are the main subdivision products of PCB

In the current market segment of the PCB industry, in order to meet the requirements of different electronic devices, PCBs have derived many types, and different product types account for different proportions of PCB output. According to data released by Prismark, in 2020, multi-layer boards and flexible boards will still be dominant, accounting for 37.39% and 20.01% respectively.

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 and rapid transformation of new technologies, new materials, new designs and rapid conversion to 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.