Output Value Forecast And Market Share Distribution Analysis Of China's PCB Industry In 2017

- Sep 22, 2018-

At present, the application field of PCB involve almost all electronic products, is essential to modern electronic devices and components, the basis of the electronic information industry is the strategic, fundamental and guiding pillar industries of national economy, the development of national economy and national security has important strategic significance, so the government and industry competent authorities launched a series of industrial policies to support and encourage the PCB industry.

The upper part of the industry chain of PCB industry is the supplier of raw materials such as copper box, ink, dry film and copper clad plate, the middle part is the supplier of PCB production equipment, and the lower part is the numerous application fields of PCB, such as computer, automotive electronics, aerospace and consumer electronics.

As an indispensable component in electronic products, PCB's demand is stable and will continue to grow with the continuous improvement of technological level.The PCB industry has become a global industry with an annual value of more than $50 billion.

The global PCB market value reached usd 55.35 billion in 2017. In the future, driven by the continuous development of the global electronic information industry, the global PCB market value is expected to reach usd 56.68 billion in 2018, which will increase from usd 55.35 billion in 2017 to usd 59.43 billion in 2021, with an annual compound growth rate of about 2.4%.