Taking the PCB industry east wind, Xusheng Electronics set sail

　　

       As the "mother of electronic products", PCB board (printed circuit board) is the bridge that carries electronic components and connects the circuit. It is widely used in computer, consumer electronics, automotive electronics, industrial control, medical and other fields, and plays an indispensable role in the electronic information industry.

　　At present, PCB industry has a broad development prospect, has become a global industry, the annual output value of more than 50 billion US dollars. Xusheng Electronics Co., Ltd., located in Ji 'an, Jiangxi Province, is just like a sailing ship ready to go. Relying on the three core advantages of the world's longest automatic production line, the largest production capacity and the highest cost performance, it takes the east wind of the industry and sets sail in the great ocean of PCB and sails to the distant place successfully.

　　 

　　

　　 

　　Market capacity of PCB industry

　　 

　　In the next five years, the global PCB market will maintain moderate growth. The NB-IOT, automotive electronics, Industry 4.0, cloud servers, storage devices, etc., will become the new direction to drive the growth of PCB demand, and the PCB industry will become the basic force connecting the previous and the next in the entire electronic industry chain.

　　In 2017, the output value of the global PCB market reached $55.35 billion. In the future, driven by the continuous development of the global electronic information industry, the output value of the global PCB market is expected to reach $56.68 billion in 2018 and $59.43 billion in 2021, with a compound annual growth rate of about 2.4%.

　　Benefiting from the continuous transfer of PCB industry capacity to China, coupled with the stimulation of strong demand growth in the downstream sector, the growth rate of China's PCB industry is significantly higher than that of the global PCB industry in the past two years. In 2017, the output value of China's PCB industry reached 29.732 billion US dollars, and it is expected that the total output value of the industry will reach 35.686 billion US dollars in 2022, with a CAGR of 3.7%.

　　 

　　

　　Changes of PCB output value and growth rate in China from 2007 to 2022

　　(Source: China Industry Information Compilation)

　　 

　　It is expected that Asia will continue to dominate the development of the global PCB market in the next 5 years, with China as the unshakable central position in the Asian market.

　　 

　　The market distribution of PCB industry

　　 

　　With the eastward shift of global PCB production capacity, PCB production is mainly concentrated in Asia, especially in China, which is more concentrated in Pearl River Delta, Yangtze River Delta, Bohai Rim and other regions.

　　Before 2000, more than 70% of the global PCB output value is distributed in the Americas (mainly North America), Europe and Japan. Since the beginning of the 21st century, PCB industry has been shifting its focus to Asia. At present, the output value of PCB in Asia is close to 90% of the world, especially in China and Southeast Asia.

　　At present, China has become the world's largest producer of PCB, PCB output and output value are ranked first in the world. In 2017, China accounted for 50.53% of the total output value of the global PCB industry.

　　 

　　

　　Distribution comparison of global output value of PCB industry in 2008 and 2017

　　(Data source: compilation of public data)

　　 

　　China has a healthy and stable domestic market and significant manufacturing advantages, which has attracted a large number of foreign enterprises to shift their production focus to the Chinese mainland. At present, there are about 1,500 PCB enterprises in mainland China, mainly distributed in the Pearl River Delta, Yangtze River Delta, Bohai Rim and other areas with high concentration of electronic industry, large demand for basic components and good transportation conditions, water and electricity conditions.

　　 

　　The current situation of PCB industry settlements in China is as follows:

　　 

　　

　　Current PCB output value distribution in China

　　(Data source: compilation of public data)

　　 

　　Development trend of PCB industry

　　 

　　At present, there are two obvious trends in the development of PCB industry. First, PCB enterprises show the trend of "large-scale and centralization". Secondly, the development of downstream application fields drives the development of PCB industry.

　　In terms of quantity, there are more than 2000 PCB manufacturers in the world, with scattered industry pattern and numerous small factories. At the same time, the leading PCB manufacturers "large, centralized" trend is increasingly obvious. The market share of the top five global PCB vendors grew from 10.80% in 2006 to 23.09% in 2017.

　　Due to PCB industry capital demand, high technical requirements, the characteristics of the industry competition is intense. At the same time, the PCB downstream terminal product update speed, brand concentration increasing, so the funds strong, powerful R&D ability and competitive advantage of the large PCB factory, can eliminate a lot of small and medium-sized enterprises, expanding in the development of industry advantages, toward large-scale and centralized development.

　　Another important trend in PCB industry is the strong development of downstream application fields such as communication electronics market, consumer electronics, automotive electronics, industry and medical field, which drives the overall development of PCB industry. Take communication electronics for example, in 2017, the output value of electronic products in the communication electronics market was nearly $600 billion, mainly including mobile phones, base stations, routers, switches and other product categories. Among them, the stock market of smart phones contains huge potential and has become the main driving force for the development of PCB industry.

　　 

　　

　　Market output value of communication electronics

　　(Data source: China Industry Information Compilation)

　　 

　　 

　　Driven by the vigorous development of PCB industry, Xusheng Electronics will also usher in a golden period of development. With the world's leading industrial scale (annual production capacity 13.5 million m²) and the world's longest intelligent production line (up to 460m), Xusheng Electronics is expected to become the world's leading medium and high-end single and double layer manufacturer in the future and provide customers with the most cost-effective PCB production services.

　　At the same time, in the upstream and downstream industry chain of PCB, Xusheng Electronics adheres to the principle of "people-oriented, customer first", promotes technological innovation, drives product advantages with technological advantages, and is expected to become the leader of circuit design in 5G industry, the authority of PCB industry and the industry standard setting supplier.