Printed Circuit Boards (PCBs) play a significant role as a connecting link between the preceding and the following in electronics information industry. ICs (Integrated Circuits) can never implement their functions without a PCB; military products, consumer electronic products and high-tech electronic products can never successfully perform without a PCB. Furthermore, a PCB board represents the achievement of modern science and modern management. As a basis of electronics information industry, PCB fabrication has become a pillar industry of electronics information.
As supporting devices of electronic components and carriers of electrical connection, PCB output has accounted for more than a quarter of that of electronic component industry with industry output up to 60 billion dollars. Due to her advantages such as massive domestic demand, relatively low labor cost and optimal associated industries, up to now, China PCB output has become one of leading countries producing PCB boards around the world, exceeding the US and second only to Japan. China has become the largest PCB supply base around the world and China PCB has naturally become a can't-miss opportunity for world-known OEMs (Original Equipment Manufacturers) and electronic product manufacturers. This article will tell you why.
As a strategic, basic and guiding pillar industry for China's economy, electronics information industry has become a significant supporting power for transformation and upgrading of China's manufacturing industry that on a large extent depend on the development of PCB board industry. Recent years have witnessed a series of policies, laws and regulations that push forward the development of PCB industry, which are formulated by China's State Council, Ministry of Industry and Information, leading the key China PCB manufacturers to benefit from a series of active reforms and policies.
A series of development policies has totally covered electronic manufacturing industry with intelligent manufacturing, low-carbon environmental protection, cross-industry transformation, and information security have become key words for reform target. China's 13th-year plan indicates that a new round of technology revolution and industry transformation is fully ready and society informatization will deeply grow. Furthermore, Made in China 2025 Strategy has set promoting overall competitiveness of China's manufacturing industry as a leading target and regarded a new generation of information technology as a priority development concern. As a result, extensive development space will be provided for increasing development of China's electronics information industry; overall transformation and upgrading will be carried out in electronics manufacturing industry; China PCB manufacturers' core competitiveness will be dramatically improved as well.
Excellent development momentum of downstream electronics information industry is the fundamental element for the growth of PCB industry. Recently, mobile intelligent terminals with smart phones as a representative maintain consistent growth owing to the continual progress of intelligent terminals, consumer electronics, energy saving and environmental protection, IoT (Internet of Things) and information security, pushing China PCB market scale to consistent uprising. Furthermore, as automotives have converted from traditional mechanical products into high-tech products with intelligentization, informatization and mechatronics integrated, electronic technologies have been massively applied on automotives no matter power control system, automotive body electronic system, security control system, or entertainment system.
It's estimated that by the year of 2019, global automotive electronic market scale will reach 246 billion US dollars with compound growth rate from 2014 to 2019 up to 5%. All in all, prosperous development of automotive industry will definitely lead automotive PCBs to take off.
Some past days witnessed China PCBs' speedy development on mid-low PCB boards due to low cost and large ROI (Return on Investment). In accordance with market statistics summarized by industrial authorities, a table indicating China PCB market share of each type of PCBs is demonstrated below.
As continual improvement of China PCB fabrication technologies is increasingly obtained, gradual optimization takes place and market share of traditional single/double-side PCBs and multi-layer PCBs is gradually going down while that of PCB boards with high technology content and high added value is constantly rising such as HDI PCBs, package substrates and flexible PCBs.