As the foundation of the electronic information industry, the printed circuit board industry has a huge market size. According toPrismarkAccording to data, the global PCB market size in 2021 is US$80.920 billion, a year-on-year increase of 24.10%. The output value of each product segment including multilayer boards, HDI, packaging substrates, etc. has achieved rapid growth. With the downstream application fields development, it is expected that the global PCB industry will still show a steady growth trend in the next five years.
According to Prismark's forecast, the global PCB market size will reach US$101.559 billion by 2026, with an average annual compound growth rate of 4.60 percent. Benefiting from the transfer of global PCB production capacity to China and the booming development of downstream electronic terminal product manufacturing, China's PCB industry as a whole Showing a rapid development trend. According to Prismark statistics and forecasts, in 2021, my country's mainland PCB output value will be 44.15 billion US dollars, a year-on-year increase of 25.70%, accounting for 54.60% of global output value. It is expected that by 2026, my country's PCB output value can reach 54.605 billion US dollars, with an industry compound growth rate of 4.30%.
Since the development of the PCB industry, its application fields involve almost all electronic products, mainly covering communications, consumer electronics, automotive electronics, servers, industrial control, medical, aerospace and other industries. The growth of the PCB industry is closely related to the development momentum of the downstream electronic information industry. The two promote each other. In the future, with the continued development of the electronic information industry, the application fields of PCB will become more extensive. In recent years, the market growth rates of different downstream fields of PCB have greatly varied. From the perspective of downstream application fields of multi-layer boards, automotive electronics and servers\/data storage are the main driving forces for future industry growth. According to Prismark, the compound growth rate of the above two major fields from 2021 to 2026 is expected to reach more than 7 percent.