GlobalData estimates that the global diagnostic X-ray imaging market, worth $2.4 billion in 2012, will reach almost $4.0 billion by 2020, increasing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. Many players are active in …
China has become the country that enjoys the largest PCB output value and the fastest growth speed, and also the main driving force to promote the development of the global PCB industry. In 2012, there were 791 PCB enterprises with above designated scale in China with the market scale exceeded CNY 250 billion.
With the development of science and technology, the electronic informationization processing needs for all types of products are gradually enhanced. Emerging electronic products continue to emerge, which continuously expands the use and market of PCB. Emerging 3G mobile phones, automotive electronics, LCD, IPTV, digital TV, computer replacement will also bring greater PCB market. Currently, communications equipment, consumer electronics, automotive electronics and computers and related products are the major terminal application markets of PCB, accounting for about 80% of the total market demand.
According to “Information Industry Science and Technology Development “11th Five-Year” Plan and Long-term Planning Framework in 2020”, PCB (especially multi-layer, flexible, flexible-rigid and environment-friendly PCB technology) is one of the key fields in China’s electronic information industry over the next 5 to 15 years.
PCB industry in China mainland will maintain rapid growth in the next three years. The rapid development of the domestic 3G industry as well as the rise of electronic terminals such as smart phones, tablet PCs, green base station, will have a strong pulling effect on PCB, driving the growth of PCB industry. In 2016, the output value will reach USD 48 billion in China, accounting for 49.4% of the global PCB output value.