Today, electronic products are increasingly indispensable part of our lives. From airplanes to headsets, we have become an important part of our lives. The circuit boards in these electronic products are among the most important. The item can also be said to be the lifeblood of all electronic products. He is like a meridian in the human body to transmit information to electronic products.

    Why is the market for circuit boards so large? Let's take a look at it: PCBs began in 1936, and in 1943 the United States used this technology extensively in military products, and in 1948 it was used for commercial purposes. Since the mid-1950s, printed circuit board technology has been widely adopted. At present, the application of PCB has penetrated into various electronic systems such as computers, communications, automotive electronics, consumer electronics, medical equipment, industrial control, and aerospace. The manufacturing quality of PCB not only directly affects the reliability of electronic products, but also affects the overall competitiveness of system products. The development level of its industry can reflect the development speed and technical level of electronic information industry in a country or region to a certain extent.

    Throughout the history of PCB development, the global PCB industry has experienced a development change from “European-dominated” to “Asia-led” since the 1950s. It was first dominated by Europe and the United States. Later, Japan joined the ranks and formed a pattern dominated by the United States, Europe and Japan. After entering the 21st century, due to the gradual development of the downstream electronic machine industry and relatively low labor costs, the Asian region has attracted more and more investment from PCB manufacturers. The PCB industry in Europe and the United States has moved out a lot, and the global PCB industry has been focusing on Asia. The transfer has gradually formed a new pattern centered on Asia (especially mainland China) and supplemented by other regions.

    According to the statistics of the World Electronic Circuit Council, the global share of PCB production in the Americas, Europe and Japan has been declining from 2000 to 2013. The Americas has fallen from 26% in 2000 to 5.12% in 2014, and Europe has 16 in 2000. % fell to 4.46% in 2014, and Japan fell from 29% in 2000 to 9.96% in 2014. At the same time, the output value of the PCB industry in other parts of Asia (excluding Japan) has increased rapidly. The proportion of mainland China has increased from 9.83% in 2000 to 44.93% in 2014, which is the center of global PCB industry transfer.

    PCB products have a wide range of applications. Due to the diversification of the industry, the cyclical nature of the PCB industry is not affected by a single industry, mainly due to macroeconomic fluctuations and the overall development of the electronic information industry. From the international market, according to Prismark's research, the global PCB market boom cycle is consistent with the boom cycle of electronic products and semiconductor markets. In the past two decades, the PCB industry has experienced two major fluctuations: 2000-2002, due to the impact of the bursting of the Internet bubble, the PCB industry has a low point; 2002-2008 entered a period of sustained growth; in 2009 due to the financial crisis The impact, once again entered a trough, and quickly resumed growth in 2010. It is expected that the global PCB market will be growing in the next few years.

    From the domestic market, due to the shift of the global PCB industry to China, the growth rate of China's PCB market is significantly higher than the global level, and is less affected by the fluctuation of the global economy and electronic products market than the global market. From 2000 to 2008, China's PCB industry continued to grow; in 2009, the output value of the financial crisis declined; in 2010, it resumed growth. So far, China's PCB will continue to grow at a higher rate than the global level, and it has become one of the main forces driving the development of the global PCB industry. So the market for circuit boards is huge.