PCB News - About the price and quantity of PCB for 5G base station

2019 is the first year of the 5G industry, and the explosive growth of the 5G industry has also brought new momentum to the PCB field. With the iteration of 5G technology, the product structure of PCBs has also differentiated, and multi-layer boards still occupy the mainstream position in the current PCB market. With the rapid development of technology in the electronic circuit industry, the integrated functions of components have become more and more extensive, and electronic products have more prominent requirements for high-density PCBs, and high-end PCB products such as high-layer boards have gradually occupied a leading position in the market. If estimated from the demand, the price and quantity of PCB used in 5G base stations have both increased, which strongly stimulates the demand for PCB use.

5G substrates fully explode, PCB usher in new growth momentum

The Chinese name of PCB is printed circuit board, also known as printed circuit board. It is an important electronic component, a support for electronic components, and a carrier for electrical connection of electronic components.

The downstream of the PCB industry covers almost all electrical circuit products, and the core applications with the largest output value include communications electronics, computers, consumer electronics, and automotive electronics. With the development of electrification and automation in human society, the application range of PCBs is becoming wider and wider, and there are no other substitutes for the time being.

According to NTI data, in 2016, the number of global PCB companies reached 2,800, and mainland Chinese companies accounted for half of them. Together with local raw material suppliers and special equipment manufacturers, it reached 2,300. However, the largest number of manufacturers in the world's top ten are Taiwanese-funded enterprises. Although the total number of PCB manufacturers in mainland China is large, they are small in scale and low in concentration.

Previously, as far as the domestic PCB industry was concerned, there were a large number of companies but the proportion of revenue was not the first in the world. Specific data show that in 2016, mainland China entered the top 100 companies the most, with 45 companies accounting for 39.8% of the global total; but the total revenue was only 10.362 billion U.S. dollars, accounting for only 20.4%.

With the arrival of a new wave of global electronics industry capacity transfer represented by the industrial transfer of the PCB and integrated circuit industries, mainland manufacturers have ushered in growth opportunities. As of August 31, the electronic industry interim report was released. 19H1 industry revenue was 976.376 billion yuan, an increase of 13.73% year-on-year, and the growth rate was flat compared with the same period last year. The top growth rate is the component sector represented by passive components and PCB. . The comprehensive layout of 5G substrates such as soft boards, high-end high-speed materials, and PCBs will benefit from the flexibility of 5G and the strong certainty of domestic substitution.

PCB price and volume for 5G base station double increase

In recent years, 5G and has become the new main force driving the growth of PCB business. From the perspective of product structure, multi-layer boards still occupy the mainstream position in the current PCB market. With the rapid development of the electronic circuit industry technology, the integrated functions of components are becoming more and more extensive, and the high-density requirements of electronic products for PCBs are more prominent. High-end PCB products such as high-layer boards, flexible boards, HDI boards and packaging substrates are gradually occupying Market dominance.

From the perspective of downstream applications, due to the wide range of applications of PCB products, its periodicity is less affected by a single industry, and it mainly changes with the fluctuations of the macro economy and the overall development of the electronic information industry. The overall growth rate of PCB follows the macroeconomics.

If estimated from the demand, the price and quantity of PCB used in 5G base stations have both increased, which strongly stimulates the demand for PCB use. Guosheng Securities predicts that based on the comparison of 4G and 5G, 5G base stations may be 1.1 to 1.5 times the current 4G base stations in terms of the number of base stations, and the number of micro-stations may exceed 9 million. At the same time, it is estimated that the PCB value of the 5G base station is about 12,500 yuan, which is about 3 times that of the previous 4G base station.

Well-known electronics industry research and judgment, in the future for a period of time, the market share of multi-layer boards will still be the first in the market, providing important support for the overall development of the PCB industry; flexible boards, HDI boards and packaging substrates and other high-tech PCBs account for Will continue to improve and become the mainstream of PCB market development.