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Why is the circuit board market so large

source:Other information release time:2022-12-12 Hits:     Popular:PCB Assembly company

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  Multilayer Printed Circuit Board

  Looking at the history of PCB development, since the 1950s, the global PCB industry has experienced changes from "Europe and the United States leading" to "Asia leading". At first, it was dominated by Europe and the United States. Later, Japan joined the leading ranks, forming a pattern of joint leadership by the United States, Europe and Japan. In the 21st century, due to the gradual development of the downstream electronic complete machine industry and relatively low labor costs, Asia has attracted more and more investment from circuit board manufacturers. A large number of European and American PCB industries have moved out, and the focus of the global PCB industry has constantly shifted to Asia, gradually forming a new pattern with Asia (especially Chinese Mainland) as the center and other regions as the auxiliary.

  According to the statistics of the World Council of Electronic Circuits, from 2000 to 2013, the proportion of PCB output value of the Americas, Europe and Japan in the world continued to decline, from 26% in 2000 to 5.12% in 2014, from 16% in 2000 to 4.46% in 2014 in Europe, and from 29% in 2000 to 9.96% in 2014 in Japan. At the same time, the output value of PCB industry in other regions of Asia (except Japan) has increased rapidly, with the proportion of Chinese Mainland rising from about 9.83% in 2000 to 44.93% in 2014, which is the center of global PCB industry transfer.

  PCB products are widely used. Due to the diversification of the industry, the periodicity of the PCB industry is not affected by a single industry, but mainly changes with the macroeconomic fluctuations and the overall development of the electronic information industry. In terms of the international market, according to Prismark's research, the business cycle of the global PCB market is more consistent with that of the electronic products and semiconductor markets. In the past two decades, the PCB industry has experienced two major fluctuations: from 2000 to 2002, due to the impact of the bursting of the Internet foam, the PCB industry experienced a trough; From 2002 to 2008, it entered the stage of continuous growth; In 2009, due to the impact of the financial crisis, it entered a low point again, and in 2010, it resumed rapid growth. It is expected that the global PCB market will grow in the next few years.


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