Global PCB Market Analysis And Forecast In 2018: Output Value Will Reach Us $56.68 Billion

- Jul 13, 2018-

With the printed circuit board application scenarios, downstream products innovation, can generally be divided into rigid circuit board printed circuit boards, flexible circuit boards, metal base printed circuit board, HDI board and packaging substrate.

PCB is an indispensable component in electronic products. With the continuous improvement of technology, its demand is stable and will continue to grow.
The PCB industry has become a global industry with annual output of over 50 billion us dollars.
Market value of $55.35 billion, 2017 global PCB in the future of the world's electronic information industry sustainable development, the output value of the global PCB market in 2018 is expected to $56.68 billion, will increase from $55.35 billion in 2017 to $2021 in 59.43 billion, the compound annual growth rate of about 2.4%.

As the global electronic information industry shifts from developed countries to emerging economies and countries, Asia, especially China, has gradually become the world's most important production base for electronic information products.
In terms of global market share distribution in 2017, China accounts for more than 50% of global PCB industry output.
The rest of Asia, mainly South Korea, Taiwan and southeast Asia, also accounted for 32.6 per cent.
America, Europe and Japan accounted for 4.7 per cent, 3.3 per cent and 8.9 per cent respectively.