Analysis of the current situation and development prospects of the global PCB industry market in 2020.

GlobalAnalysis of PCB Industry Development
The PCB industry is the largest industry in the global electronic component segmentation industry, and it is also the basic industry of electronic information product manufacturing. In 2019, due to multiple factors, the global PCB industry output value fell slightly by 1.7 year-on-year to $61.3 billion billion.
Although the new coronary pneumonia epidemic in 2020 has an impact on the industry, the rapid development of 5G has increased the growth space of the PCB industry, and the global PCB output value is expected to be $62.5 billion by 2020 and reach $79.2 billion by 2025.
printed circuit board(Printed Circuit Board, referred to as PCB) industry is the basic industry of electronic information product manufacturing, and it is also the largest industry in the global electronic component segmentation industry. PCB has a wide range of applications, ranging from household appliances to products such as ocean detection. As long as there are electronic components, PCB will be used for support and interconnection between them.

In 2019, the output value of the global PCB industry declined slightly.
Affected by trade frictions, falling end demand and exchange rate depreciation, globalPCB output was $61.3 billion, down 1.7 percent from $62.4 billion in 2018. Mobile phone is the most important application of PCB to the sea, in the case of mobile phone shipments for three consecutive years of decline, the global PCB overall output value decline can still be maintained in a small range, 5G pre-infrastructure is also a key, which pulled back part of the PCB demand.

ChinaPCB market outperforms other regions
In terms of regional markets, the Chinese market outperformed other regions.In 2019, China's PCB industry output value was about US $32.9 billion, a small increase of 0.7 percent, accounting for about 53.7 percent of the world's total, making it the only region to grow in 2019, mainly due to the high growth of 5G base station pull-up related circuit board suppliers.
In 2019, although the Sino-US trade war launched a boycott of Huawei, Huawei's market share in the 5G era still has room to grow with the current attitude of countries around the world adopting Huawei equipment. With the rapid development of 5G, big data, cloud computing, artificial intelligence, Internet of Things and other industries, as well as industrial supporting, cost and other advantages, the market share of China's PCB industry will continue to increase.
in addition,Japan's total output value of circuit boards in 2019 was about $5.288 billion billion, down 2.8 percent year-on-year and accounting for 8.6 percent of the global market. Judging from the product layout of Japan's circuit board industry, in order to avoid the fierce competition in mobile phone applications and erode the company's profit level, Japan's soft board companies have adopted the strategy of approaching new applications such as automobiles, robots and biomedical science. The results remain to be seen.

Communication electronics is the main application area
From the application field,Most PCB market segments also declined in 2019, but the demand for infrastructure applications such as 5G networks and data centers continued the growth trend in 2018, with the output value of the server/data storage field increasing by 3.1 year on year. The computer field including server/data storage accounted for 28.6 of the global PCB output value. But overall, communication electronics is still the most important application field in the PCB industry, accounting for 33.0 percent of the global PCB application market in 2019.

Top 7 Chinese Manufacturers on Global ListTop 10 list
The growth of downstream industries isSignificant favorable conditions for the development of PCB enterprises. Benefiting from the important position of Taiwan-based ODM/EMS factories, module factories and semiconductor enterprises in the PC and mobile phone industry chain, Taiwan-based PCB enterprises such as Zhending, Xinxing, Huatong and Jianding have successively entered the top 10 PCB manufacturers in the world. Among them, FPC giant Zhen Ding, which is closely related to Apple's business, became the world's first PCB manufacturer in 2019. Overall, in the TOP10 of global PCB manufacturers in 2019, 7 Chinese companies are on the list, and China is the world's largest PCB producer.

ExpectedGlobal PCB industry output value of nearly $80 billion in 2025
EnterIn 2020, although the new coronary pneumonia epidemic has disrupted the progress of 5G, countries are still fighting their own 5G competition. At the same time as the epidemic is burning, countries monitoring the development of the epidemic through digital technology have foreseen the turnaround of 5G, cloud and AI industries in advance, such as remote teaching, intelligent diagnosis and treatment, industrial wind control AI and other future digital life situations have also started in advance.
on the wholeIn terms of the development trend in 2020, 5G is still the key driving force to drive the economic growth of the industry. It is estimated that the global PCB output growth rate will be 2% in 2020, and the output value will be about US $62.5 billion. From 2020 to 2025, the global PCB output value is expected to grow at a compound annual growth rate of about 5%, and in 2025, the global PCB output value is expected to be close to $80 billion.