Development trend of China's PCB industry from 2023 to 2028

In recent years, the growth rate of PCB industry in the world and China tends to be stable. In terms of product types, the global PCB industry is moving towards high-precision, high-density and high reliability, constantly shrinking its size and improving its performance to adapt to the development of downstream electronic equipment industries, which means that enterprises will further increase their investment in technology research and development and equipment. In terms of production efficiency, domestic labor costs are rising and competition is becoming increasingly fierce. Improving efficiency and reducing costs have become important issues faced by PCB enterprises. Therefore, automatic and intelligent production is becoming the direction of PCB industry upgrading. In the current market competition environment, small and medium-sized PCB enterprises often face greater financial pressure, and leading PCB enterprises have achieved considerable development through listing and financing. In the past five years, after obtaining sufficient funds through the capital market, the top domestic PCB enterprises continued to improve their production scale, innovate product processes, obtain more orders, and further concentrate their market share.

5G communication, automotive electronics and consumer electronics will become the main fields driving the steady growth of PCB industry, and the emergence of emerging products in these subdivided fields will bring new opportunities for the development of PCB industry. At the same time, in order to meet the requirements of multi-function, miniaturization and portability of its downstream products, electronic information product manufacturers continue to develop new materials, new technologies and new products, which also continue to bring huge demand for PCB products.

PCB is an indispensable basic component of electronic information products, which is widely used in the downstream electronic information manufacturing industry. As the skeleton of supporting components and the pipeline for connecting the electrical, there is no mature technology and products that can provide the same or similar functions, which is the foundation for the steady development of the PCB industry.