China is the world's largest output of printed circuit boards:

At present, the output value of PCB in Asia is close to 90% of the world, and China and Southeast Asia are the fastest growing regions.

Since 2000, global PCB production capacity has continued to shift to China. In 2006, China surpassed Japan to become the world's largest PCB producer, and its output and output value ranked first in the world. This is because of China's huge domestic market, low labor costs and perfect industrial supporting facilities.

PCB layout in China:

According to statistics, about 90% of the total output value of PCB in Mainland China is in the Yangtze River Delta and pearl River Delta. In recent years, due to the impact of the increasing labor cost and environmental protection requirements in coastal areas, PCB industry is gradually shifting from these electronic technology developed regions to provinces and cities with better industrial conditions in the interior.

Although the competitiveness of most domestic PCB manufacturers still lies in low-end products, some manufacturers have gradually entered the supply chain of apple, a major international customer.

Under the general trend of shifting production capacity to the domestic market, it will take at least two years for Chinese manufacturers to become high-end PCB manufacturers.

In 2019, the market share of domestic investors was less than 2%. At present, the scale of pure domestic capital domestic manufacturers is small, but the growth rate is much faster than other peers, and the industry concentration is gradually rising. In the industry integration background, the future is expected to appear 10 billion domestic large factories.

Domestic PCB industry trend:

In the coming years, the PCB industry in mainland China will continue to maintain a compound growth rate of 3.7%, and the total industry output value is expected to reach us $35.686 billion in 2022.

In the era of smart phones and today's massive use of wearable devices, PCB development tends to be miniaturized and high-density. China's PCB industry should pay attention to improve its own technology and improve the ability to manufacture high-end boards.

At the same time, with the trend of "large-scale and centralization" of PCB companies, large PCB companies will gain great advantages in the global market competition in the future. Small factories have limited funds, difficult to improve technology, weak bargaining power, profit space will continue to be squeezed.