Printed circuit board (PCB) is the key electronic interconnects of electronic products, through the circuit to connect various electronic components, play the role of conduction and transmission. As the basic industry of electronic information industry, the industry of printed circuit board industry is huge in scale, which is greatly influenced by the cyclical fluctuation of macro economy.

According to statistics, in 2010, as the global economy stabilized and recovered, the total output value of the PCB industry rose to 52.447 billion U.S. dollars, up by 27.22% over the same period of last year. From 2011 to 2016, the global economy was generally stable at low growth rates. The total output value of PCB industry fluctuate in a small range each year. China has gradually become the main production base of the global printed circuit board. The domestic printed circuit board industry is also increasingly affected by the changes in the macro-economic environment.

Under the overall trend of global PCB industry shifting to Asia, China, as a large electronics manufacturing country, has attracted a large amount of foreign and local PCB investment with its huge domestic market and relatively low production cost to promote the emergence of China’s PCB industry in just a few years Explosive growth.

At present, China has become the world’s largest PCB producer and one of the regions in the world that can provide the largest PCB capacity and the most complete product type. Overall, although a large number of local PCB enterprises, but its size and technical level of enterprises in China and the establishment of branch offices compared to foreign-funded enterprises there is still a gap, the competitiveness of slightly weakened.

From 2008 to 2016, the output value of PCB industry in China increased from US $ 15.037 billion to US $ 27.123 billion with a compound annual growth rate of 7.65%, far exceeding the global growth rate of 1.47%. The financial crisis in 2008 caused a great impact on the global PCB industry. China’s PCB industry was also spared. However, under the background of global PCB industry shifting to China, the PCB industry in China recovered fully after 2009, maintaining an overall rapid growth trend.

In 2016, the overall size of China’s PCB industry reached 27.123 billion U.S. dollars. In the next five years (from 2016 to 2021), the growth of output value of China’s PCB industry will slow down with a compound annual growth rate of 3.39%. It is estimated that by 2021, the output value of China’s PCB industry will reach 32.042 billion U.S. dollars, accounting for the total PCB industry in the world The proportion of output value rose slightly to 53.04%.

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