In 2020, the global output value of printed circuit boards will reach us $66.1 billion

PCB(printed circuit board) industry is the industry with the largest proportion of output value in the global subdivision of electronic components. With the deepening of research and development and the continuous upgrading of technology, PCB products gradually develop to the direction of high density, small aperture, large capacity and lightweight.In 2015 and 2016, global PCB production rose slightly, but the output value of dollar-denominated PCB declined slightly due to the depreciation of Japanese yen and euro against the us dollar.According to Prismark statistics, in 2018 the global PCB industry output value amounted to $62.4 billion, up 6.0% from a year earlier, according to the forecast Prismark, global PCB market will remain modest growth over the next two years, PCB production will amount to $66.1 billion in 2020, the Internet of things, automotive electronics, industrial, 4.0 the cloud servers, storage equipment and so on will become the new direction for driver PCB demand growth.

PCB industry is widely distributed in the world. Developed countries in Europe and America started early, developed and made full use of advanced technology and equipment, so PCB industry has made great progress.In the past two decades, with the advantages of Asia, especially China in labor, resources, policies and industrial agglomeration, global electronic manufacturing capacity has been transferred to China, Taiwan, South Korea and other Asian regions.With the global industrial center moving to Asia, PCB industry presents a new pattern with Asia, especially mainland China as the manufacturing center.Since 2006, China has surpassed Japan to become the world's largest PCB producer, ranking first in both output and output value.In recent years, the global economy is in a period of deep adjustment, and the leading role of major economies such as Europe, the United States and Japan in driving world economic growth has been significantly weakened.China's increasing integration with the global economy has gradually taken up half of the global PCB market.