The China PCB Development History

The PCB industry is widely distributed around the world, with developed countries in the United States, Europe, and Japan starting early. By researching and fully utilizing advanced technological equipment, the PCB industry has made significant progress. Before 2000, the Americas, Europe, and Japan accounted for over 70% of the global PCB production value and were the main production bases.

In the past two decades, with the advantages of Asia, especially China PCB, in terms of labor, resources, policies, industrial agglomeration, etc., the global electronics manufacturing capacity has been transferred to Asian regions such as China PCB. With the transfer of the global industrial center to Asia, the PCB industry presents a new pattern with Asia, especially China PCB as the manufacturing center. Since 2006, China PCB has surpassed Japan to become the world's largest PCB production area, with the output and output value of PCB ranking first in the world.

As the largest production area in the global PCB industry, mainland China's proportion of the total global PCB output has increased from 8.1% in 2000 to 54.6% in 2021. In recent years, benefiting from the transfer of global PCB manufacturing capacity to Chinese Mainland and the impact of downstream booming electronic terminal product manufacturing, the PCB industry in Chinese Mainland as a whole shows a rapid development trend. In 2006, the output value of Chinese Mainland PCB exceeded Japan, becoming the world's largest PCB manufacturing base. However, driven by the demand growth in downstream areas such as communication electronics, computers, consumer electronics, automotive electronics, industrial control, medical devices, national defense, aerospace, etc., the growth rate of the PCB industry in Chinese Mainland is higher than that of the global PCB industry in recent years.

Data shows that the output value of the PCB industry in China PCB reached 35.054 billion US dollars in 2020, a year-on-year increase of 6.4%. In 2021, the output value of the PCB industry in mainland China reached 44.15 billion US dollars, a year-on-year increase of 25.7%. In 2022, the output value of the PCB industry in mainland China reached 45.5 billion US dollars, a year-on-year increase of 3%.

China PCB enterprises are mainly distributed in the Pearl River Delta, Yangtze River Delta, and Bohai Rim regions, which have strong economic advantages, location advantages, and talent advantages. However, in recent years, due to the continuous increase in labor costs, some PCB companies have gradually shifted their production bases to inland areas, such as Jiangxi, Hunan, Anhui, Hubei, etc., in order to alleviate the operational pressure caused by the increase in labor costs.

However, compared with advanced PCB manufacturing regions such as Japan, the proportion of high-end printed circuit boards in Chinese Mainland is still relatively low, especially in terms of packaging substrates, high-order HDI boards, and high-class multilayer boards. According to the data, in 2021, the market size of rigid boards in Chinese Mainland will be the largest, with 47.1% of multi-layer boards and 15.9% of single and double sided boards; Next is the HDI board, accounting for 16.1%; The proportion of flexible boards is 14.9%.

According to the "Research on Development Trends and Future Prospects of China's Printed Circuit Board Industry (2023-2030)" released by Guanyan Report Network, the main enterprises in China's printed circuit board market currently include SHENZHEN FASTPCB TECH CO.,LTD,SHENZHEN FASTPRINT,SHENNAN PRINT AND SO ON.