Market size and forecast of China’s PCB industry in 2017

China's PCB development began in 1956, and gradually expand the formation of PCB industry. After the reform and opening up, through the introduction of foreign advanced technology and equipment, the rapid development of China's PCB industry. Before 2000, Europe, the Americas and Japan is the world's major PCB production base, accounting for more than 70% of global output. Since twenty-first Century, China has promoted the transfer of global manufacturing industry with the advantages of labor cost and investment policy. Electronic products industry chain gradually improved, in China has formed a huge market and demand for supporting space, And thus led to the development of the electronics industry, including PCB. 

In 2006, China's PCB production reached 130 million square meters, the output value reached $12 billion 100 million, accounting for PCB of the world's total output value of 24.90%, more than Japan to become the world's NO.1. The global financial crisis in 2008 caused a huge impact on the PCB industry, but did not cause a disastrous blow to China's PCB industry. Under the stimulus of the national economic policy, China's PCB industry in 2010 has been fully recovered. 2014 China PCB circuit board production of about 235 million square meters, an increase of 210 million square meters in the same period in 2013 of up to 11.90%, In recent years, China's PCB circuit board output as shown in the following figure:

According to Prismark forecasts, the next few years the global PCB industry will remain stable growth. The market size of Global PCB industrywill reach to $65 billion 700 million in 2017. During 2012-2017 China PCB industry will continue to maintain growth trends, and the global market position will continue to improve. By 2017 the total output value will reach $28 billion 972 million, The proportion of the world rose to 44.13%. 

As” the mother of electronic products”, It is necessary and irreplaceable in the production process of downstream electronic products. The development trend of China's PCB industry is based on the good development trend of electronic industry, PCB downstream industry demand is driving the rapid development of PCB industry.

The future, as China's comprehensive deepening of informatization construction, the process of urbanization continues to accelerate, market-oriented continuous improvement, upgrading of residents' income growth, expansion of domestic demand, consumption structure, computer, communication equipment, IC packaging, consumer electronics and other industries will gain momentum, the development and update of product replacement will enable the PCB industry usher in a broader market space。