PCB Tech - Development History of PCB Industry Domestic Market

Over the past ten years, global PCBs have continued to migrate to Asia, especially Mainland China, and Mainland China has quickly become a major producer of electronic products and PCBs. Due to the domestic market potential and manufacturing advantages, China has attracted foreign investment, which has prompted the PCB industry in mainland China to grow by multiples in just a few years.

At present, in addition to the output value and sales of China's PCB industry are leading the electronic component manufacturing industry, the development of the industry also has the following four brief characteristics:

Product use and market expansion. PCB is a key interconnection of electronic equipment, and any electronic equipment needs to be equipped. Especially in the current electronic information technology, data processing and communication equipment put forward higher standards and more requirements for PCBs.

Expansion of the industry sector. The printed circuit industry has developed from a single circuit board processing to electronic circuit components, including the assembly of electronic circuit components and the development of electronic manufacturing services (EMS). Printed board manufacturing companies will provide electronic assembly services according to customer requirements.

The product grades continue to improve. At present, ordinary PCBs are still suitable for general electronic equipment, and the new generation of electronic equipment requires higher density circuit boards, which are suitable for the requirements of multi-function, miniaturization and light weight of the whole machine. Mainly to develop multi-layer boards, flexible boards and high-density interconnect (HDI/BUM) substrates and IC packaging (BGA, CSP) substrates.

The production technology is further improved. In order to process high-density circuit boards, new technology must be adopted in many aspects such as pattern production, hole processing, surface coating, and inspection. Blind/buried vias and build-up methods will be commonly used. The development of new materials is suitable for HDI/BUM boards and IC packaging substrates, with better electrical and mechanical properties, and a large number of new laser and photoelectric automation equipment will be introduced.

In 2013, China's PCB output value reached 22.559 billion US dollars, accounting for 41.1% of the global PCB output value. From 2008 to 2013, the average annual compound growth rate of China's PCB output value reached 9.4%, higher than the global growth level.

Since 2000, various types of PCBs in China have developed significantly. Among them, the development speed of multi-layer boards, HDI boards and flexible boards is higher than the average development speed of the industry, and the development speed of single-sided and double-sided boards is relatively stable.

In 2013, the number of domestic PCB industry companies was about 1,500, mainly distributed in the Pearl River Delta, the Yangtze River Delta and the Bohai Rim. The output value of PCB in the Yangtze River Delta and the Pearl River Delta accounts for about 90% of the total output value of mainland China; PCB production capacity in the central and western regions has also expanded rapidly in recent years.

China's printed circuit board industry also presents a fragmented competition pattern, with small companies in general and a small number of large PCB companies. According to CPCA statistics, there were about 1,500 PCB companies in China in 2013, mainly in the Pearl River Delta, the Yangtze River Delta and the Bohai Rim. In 2013, there were 50 large enterprises and super large enterprises in total, accounting for about 3.3% of the total number of PCB companies in mainland China.

According to CPCA statistics and calculations, the total sales revenue of the listed companies in China's Top 100 PCB Companies in 2012 accounted for 57% of the total national PCB sales; the total sales revenue of the top 20 companies accounted for 36.17% of the national PCB sales revenue; the sales revenue of the top 10 PCB companies The total accounted for about 23.94% of the national PCB sales revenue, and the market share of the number one company was 3.86%. Similar to the development pattern of the global PCB industry, China's PCB industry is relatively competitive, and there is no oligopoly of a few companies, and this development trend will continue for a long period of time in the future.