Printed circuit board (PCB) is the most active industry in modern electronic component industry. Its growth rate is generally higher than that of electronic component industry by about 3 percentage points. It is expected that the rapid growth will be maintained in 2006. Demand upgrading and industrial transfer are the basic driving forces to promote the development of the industry, while HDI board, flexible board, IC packaging board (BGA, CSP) and other varieties will become the main growth points.
In 2003, the output value of printed circuit boards in China was 50.69 billion yuan, an increase of 333% over the same period last year. For the first time, the output value of printed circuit boards in China surpassed that of the United States, which ranked second in the world. In 2004 and 2005, China's PCB output value still maintained a growth rate of more than 30%, estimated to reach 86.9 billion yuan in 2005, far higher than the growth rate of the global industry.
Flexible circuit board
Flexible circuit boards, represented by smart phones, are rapidly developing towards miniaturization, and are widely used in many electronic equipment market segments. On the one hand, products tend to be miniaturized; on the other hand, reliability. It is expected that by 2016, the global output value of flexible circuit boards will reach 13.2 billion US dollars, with an annual compound growth rate of 7.5%. The survey has become one of the fastest growing sub-industries in the electronic industry.
From the perspective of development form, China's PCB industry continues to grow at a high speed, and imports and exports have also achieved a high growth rate. With the industrial growth is gradually being optimized and improved.