The overall fluctuation of global PCB output value rises

From 2017 to 2021, the overall global PCB output value fluctuated and risen, and the growth rate fluctuated significantly. In 2021, due to the recovery of demand, the upgrading of technical requirements, and the sharp rise in raw material prices, overall PCB production costs increased and the average price increased, which promoted strong growth in global PCB output. 

In 2021, the global PCB output value reached US$89.22 billion, a year-on-year increase of 22.10%. The growth rate of global PCB output value was almost twice that of the area growth rate of 13.2%, indicating that the simultaneous increase in price and sales had contributed to the substantial increase in output value.

Rigid single-layer board is the mainstream PCB product in the world

From the perspective of the supply structure of global printed circuit board products, the current main products are standard multi-layer boards, flexible boards, HDI, and IC carrier boards, while traditional single-layer board products have a downward trend, and the supply scale of rigid-flex boards and other PCB boards smaller.

Among the main products in 2021, standard multilayer boards account for about 38.6%, HDI boards account for about 15.5%, flexible boards account for about 15.4%, and IC substrate boards account for about 14.8%.

The communication field is the main application market of PCB

At present, PCB is an indispensable accessory of electronic equipment. According to the major categories of existing application fields, there are seven categories including communications, computers, consumer electronics, medical equipment, automotive electronics, aerospace, and industrial electronics, and the top four in 2021 are communications, computers, automotive electronics, and consumer electronics, accounting for 31%, 23%, 17%, and 16% respectively.

In terms of trends, the communication industry has a downward trend, while computers, automobiles, and consumer electronics have an upward trend.