PCB Technical - The development of PCBA production industry

PCB (Printed Circuit Board) is the most active industry in the contemporary electronic component industry, and its industry growth rate is generally about 3% higher than that of the electronic component industry. According to the analysis of various factors, it is expected that rapid growth will continue in 2006. Demand upgrading and industrial transfer are the basic driving forces to promote the development of the industry, while HDI boards, flexible boards, IC packaging boards (BGA, CSP) and other varieties will become the main growth points .

The upsurge of electronic consumer terminals promotes the growth of PCBs. As the basic components of various electronic products, the industrial development of PCBs is greatly affected by the demand for downstream terminal products and the prosperity of the entire IT industry. After the IT industry bubble burst in 2001, the global IT industry began to recover in 2003, and the PCB industry also experienced a full recovery. In 2003, the output value of printed circuit boards in China was 50.1 billion yuan, a year-on-year increase of 32.40%. The output value jumped to the second place in the world, and it is expected to reach 86.9 billion yuan in 2005.

In 2008, PCB output value is expected to surpass Japan and rank first in the world. In terms of downstream driving factors, downstream consumer electronics products such as mobile phones, notebook computers, digital products, and liquid crystal displays have strongly promoted the product demand and technological upgrading of the PCB industry. In 2004, the global PCB output value was 40.172 billion U.S. dollars, an increase of 16.47%. On this basis, the PCB industry is expected to continue to grow in the past three years. In 2005, the global PCB output value is estimated to be 43.815 billion US dollars, with a growth rate of 9.07%. High-density multi-layer, flexible PCB becomes a bright spot. In order to comply with the development trend of electronic products' multi-function, miniaturization, and light weight, the next generation of electronic systems requires high density, high integration, packaging, miniaturization, and multi-layer PCB. . HDI boards, flexible boards, IC packaging boards (BGA, CSP) and other PCB varieties will become major growth points. China's PCB output value from 2003 to 2005 was 50.1 billion yuan, 66.1 billion yuan, and 86.9 billion yuan, respectively. The annual output value increased by 33%, 32%, and 31% respectively. Since 2000, China's flexible board output value has grown at a rapid rate of 61.77%, which is much higher than the average growth rate of global FPC output value. It is expected that it will maintain a relatively high growth rate in 2006. With the rapid growth of multilayer boards, HDI boards, and flexible boards, the structure of China's PCB industry is gradually being optimized and improved. China will become the world's largest industrial base From the perspective of regional development trends, the PCB industry's focus is shifting to Asia.

In 1998, the PCB industry was dominated by the United States, Japan and Europe, with an output value accounting for about 73.40% of the world. After 2000, this pattern has undergone major changes. Due to the gradual transfer of downstream industries and relatively low labor costs in Asia, more and more PCB manufacturers have attracted investment. China has become the region with the strongest development momentum due to the concentration of downstream industries and the relatively low cost of labor and land. China surpassed the United States for the first time in 2003 and became the world's second largest PCB producer. The proportion of output value has also increased from 8.54% in 2000 to 15.30%, which has nearly doubled. According to Prismark's estimates, China will replace Japan as the world's largest PCB production base in 2008. China's PCB industry continues to grow rapidly. In 2003, the output value of printed circuit boards in China was 50.069 billion yuan, an increase of 333% year-on-year, and the output value surpassed the United States, which ranks second in the world, for the first time. In 2004 and 2005, China's PCB output value still maintained a growth rate of more than 30%. It is estimated that it will reach 86.9 billion yuan in 2005, which is far higher than the growth rate of the global industry. Imports and exports have also achieved rapid growth, but high-end products cannot be self-sufficient. After China’s total PCB import and export exceeded US$6 billion in 2003, it broke US$8 billion in 2004, reaching US$8.890 billion, an increase of 47.43% over 2003. The import and export deficit in 2004 was approximately US$1.2 billion. In the import and export deficit, high-tech multi-layer boards, HDI boards, flexible boards, etc. account for a large proportion. In the context of the upgrading of demand for electronic products, the growth of the global PCB industry, and the transfer of industries to Asia, in the PCB output value of US$8.05 billion realized in mainland China in 2004, the investment of foreign manufacturers has played an important role in the maturity and development of the entire industry.