China's PCB output value will increase 2022

China's electronic circuit industry has a healthy and stable domestic demand market and significant manufacturing advantages in the path of “industrial transfer”, attracting a large number of foreign-funded enterprises to shift their production focus to mainland China. After years of accumulation, the domestic PCB industry has gradually matured. As a major production area for single-layer and multi-layer PCBs, mainland China is further extending to the mid-to-high-end market.

China is a globally influential electronic information product manufacturing base and consumer market. With the continuous advancement of "Made in China 2025", in emerging markets such as mobile Internet, Internet of Things, big data, cloud computing, artificial intelligence, driverless cars, etc, a number of well-known local companies have emerged to provide more development opportunities for the supporting electronics manufacturing industry.

With the advent of the 5G commercial era, the construction of network infrastructure such as base stations is accelerating, and the requirements for communication materials are higher and the demand for 5G communication equipment will be larger. Major operators will invest more in 5G constructions in the future. Therefore, there will be a huge market for communication PCBs in the future. It is estimated that by 2022, China's PCB output value will exceed 40 billion US dollars, and by 2024, the output value will reach 43.8 billion US dollars, and the market scale is very large.

At present, there is an increasing demand for PCBs in 5G, Internet of Things, data center, automotive electrification and intelligentization, PCB industry growth momentum is sufficient, PCB products tend to be high-end, high system integration, high performance.

Emerging markets such as 5G, artificial intelligence, and car networking have also raised higher challenges for PCBs. For these emerging markets, need high-end, high-frequency and high-speed PCB boards, require a comprehensive upgrade of their processes, raw materials, and technical barriers. The keys to achieving high frequency in PCBs are the high frequency copper clad laminate material and the PCB manufacturer's own processing technology.