PCB market ushered in new opportunities
With the rapid development of 5G communication, artificial intelligence, Internet of Things, new energy electric vehicles, industrial control and other applications, PCB products have become a major gap, and it is also a huge market space, with both opportunities and challenges.
Printed Circuit Board (“PCB” for short), also known as printed circuit board, printed circuit board, printed circuit board. The 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.
The printed circuit board is the key electronic interconnection of electronic products, and is known as the “mother of electronic products”. With the continuous increase in the number and density of PCB layers, the combination of printed circuit board products and microchips has become increasingly close, and PCB production and research and development will even affect the country’s strategic information security.
Policies promote industry development space
In recent years, the Chinese government and relevant departments have introduced a series of laws, regulations and industry policies to promote the strategic adjustment and industrial upgrading of the printed circuit board industry.
In addition, the 14th Five-Year Plan is also accelerating the digital transformation of the industry. As a basic and strategic industry, printed circuit board PCB will usher in the spring. With the gradual application of the next-generation Internet of Things and new-generation information technology, the upgrading of the electronics industry will bring huge market opportunities for the development of the PCB industry.
Electronic product consumption drives PCB industryIn recent years, China’s electronic industry information has continued to grow rapidly. With the advent of the intelligent era, it has stimulated the market’s demand for electronic intelligent equipment, driving the strong development of the PCB industry, occupying a very important position in the market, and the country’s attention to the industry. keep increasing.
In the field of electronic products, technology is changing with each passing day, consumer electronic products are upgraded, new technologies are introduced and application fields are expanded, and product market competition is increasingly intensified. High reliability products create value.
Printed circuit board is like laying a solid foundation before building a building, and then building up a building, so a good board is the key. As a substrate and interconnection for electronic parts, PCB is indispensable for all electronic products. basic parts.
With the development of printed circuit products, the market demand is constantly updated and iterative, which requires the continuous upgrading of advanced equipment and the continuous improvement of the technical content of product manufacturing to meet the personalized and diversified services.
While expanding production, enterprises should pay more attention to improving performance and quality. It is no longer low-level imitation, but is developing towards production automation, precision, multi-function and modern equipment. Only highly reliable products can bring value to customers and occupy a place in the highly competitive market
Continuous innovation and upgrading of technology and equipment
In the manufacturing process of PCB, the process and process are complex, and many defects often occur due to various reasons, such as hole dislocation, scratches, open circuits, short circuits, etc. If there is no perfect process system and management system, the produced products will be inferior and substandard, and will be eliminated by the market, and will infinitely magnify the harm caused by defective products.
In PCB products, whether it is rigid, flexible or rigid-flex multi-layer boards, it has made great contributions to the equipment in the electronic industry. With the opportunities brought by the market, enterprises need to speed up the development and manufacture of high value-added products, grasp the market and customer needs in a timely manner, upgrade technology and equipment, and shorten product development and production cycles.
In the era of information digitization, the sales management model is transformed to develop automated intelligent manufacturing, improve quality and efficiency, and reduce costs. The Creation Workshop continues to break through the technological transformation of bottleneck processes, innovate R&D technologies, promote equipment iteration, and achieve steady expansion of production capacity.
Through the integration of informatization and intelligence, the platform maximizes efficiency and realizes the optimization of one-stop service. In addition to double-sided and multi-layer boards, the product types cover HDI boards, high-level multi-layer boards, high-frequency boards, thick copper power boards, metal substrates, rigid-flex boards, etc.
Industry development prospect and trend forecast
There are different development directions of enterprise structure, application field and R&D technology.
In terms of the competition pattern of enterprises in the industry, large PCB manufacturers have leading R&D strength, excellent supply capacity and good quality control, and can continuously meet the strict requirements of downstream customers for PCB product technology, quality and timely supply; while small and medium-sized enterprises are in this category.
At a disadvantage in the competition, the gap is widening. By accumulating competitive advantages, expanding business scale, and raising industry thresholds, leading PCB companies have enhanced their profitability and dominated the competition, making the industry increasingly “large-scale and centralized”.
Additionally, in terms of downstream applications, advanced communication and computer fields are the two main application fields of PCB at present, and the development potential of consumer electronics and automotive electronics is huge.
In recent years, AR (Augmented Reality), VR (Virtual Reality), tablet computers, and wearable devices have gradually become hot spots in the consumer electronics industry. In addition to the general trend of consumption upgrades, the demand side of the consumer electronics field has become more and more active.
PCB manufacturers are deploying the consumer electronics industry to cater to consumption. Consumers’ demand for consumer electronic products with quality and innovative characteristics. In addition, under the background of the development trend of highly electronic automobiles, the proportion of automobile electronics has gradually increased, driving the demand for automotive PCB products to increase, attracting many PCB manufacturers to actively participate in this field.
In terms of product technology, technological progress promotes the continuous development of 3C electronic devices such as smartphones in the direction of thinness, miniaturization and mobility. In order to achieve the goals of less space, faster speed and higher performance, its “” Light, thin, short and small” requirements are constantly increasing.
With the development of downstream and emerging technologies, the market size will exceed US$55 billion.
Printed circuit board is an indispensable base material for the electronic information industry, and its technical level determines the supporting level of a country’s electronic information industry. In recent years, the Chinese government has issued a series of policies to encourage the development of the electronic information industry.
The electronic information industry, one of the development priorities of the country’s strategic emerging industries, is ushering in a major development opportunity.
As China begins to deeply explore the market in emerging fields such as 5G communication, cloud computing, big data, artificial intelligence, industry 4.0, and the Internet of Things, the PCB industry, as the basic force linking the whole electronic information manufacturing industry chain, will achieve further development. .
In 2022-2027, the scale of China’s printed circuit board market will increase year by year, from about US$45.5 billion in 2022 to about US$57 billion in 2027, with an average annual compound growth rate of 4.6%.