According to CRI analysis, the world’s PCB manufacturers are mainly located in Mainland China, Taiwan, Japan, South Korea, North America and Europe. China is the largest producer of PCBs in the world. However, it still lags behind the advanced world level in terms of overall technology.
About 50% of global electronic products such as laptops, mobile phones and household appliances are made in China. The development of downstream industries also stimulates the development of electronic auxiliary industries including the PCB industry. In 2016, the production value of China’s PCB industry exceeded USD 180 billion, taking up 50% of the global production value.
CRI analysis shows that the PCB industry presents a decentralized competitive landscape in China, characterized by overall small scales of enterprises and few massive PCB enterprises. By the end of 2016, there were about 1,500 PCB enterprises in China, mainly located in Pearl River Delta, Yangtze River Delta and Bohai Rim areas, but most enterprises earn sales revenues of less than CNY 100 million.
It is estimated that in the next few years, the PCB industry in China and the world will continue to grow and they are mainly driven by wearable devices, internet of things, cloud computing and automotive electronics and VR.