​Recently, the printed circuit board (PCB) industry has shown a positive development trend. Here are the latest industry dynamics:​

Market growth and forecasts

North America: In February 2025, North American PCB shipments increased by 11.3% year-on-year, showing a strong recovery in the market. ​

Global market: According to Technavio's report, the global PCB market size is expected to grow by US$26.8 billion between 2025 and 2029, mainly driven by the increase in smartphone penetration. ​

China market: The report of the Prospective Industry Research Institute pointed out that the market size, competition pattern and development trend of China's PCB industry in 2025 are all positive. ​

With the rapid expansion of emerging markets such as artificial intelligence servers, high-speed network communications and new energy vehicles, the PCB industry has ushered in structural growth opportunities. For example, global AI server shipments are expected to grow by 46% in 2024 and another 25% in 2025; at the same time, the number of PCBs used in new energy vehicles is 4 to 5 times that of traditional fuel vehicles, further promoting the growth of PCB demand. ​

Enterprise layout and investment

Many listed companies are actively laying out the PCB industry chain to seize market opportunities. For example, Hushi Electronics plans to invest no more than US$100 million, Jiangxi Jiangnan New Materials raised 384 million yuan through IPO, and Ahong Electronics' subsidiary invested 330 million yuan, etc., showing that companies are optimistic about the prospects of the PCB market. ​

Technology Trends

In 2025, the PCB manufacturing field will show the following trends: ​

High-frequency and high-performance boards: With the popularization of 5G technology, there is a demand for high-frequency PCBs and high-performance boards.

Artificial Intelligence and Automation: The application of AI and automation technology in PCB design and manufacturing is becoming more and more extensive, improving production efficiency and product quality. ​

Sustainability: The use of environmentally friendly materials and sustainable manufacturing processes have become the focus of industry attention, aiming to reduce environmental impact. ​

Overall, the PCB industry has shown a steady upward development trend driven by the growth of demand in emerging markets, active investment by enterprises and technological innovation.