Global PCB industry market status and development trend analysis in 2020

The PCB industry is the industry with the largest output value in the global electronic component industry, and it is also the basic industry for electronic information product manufacturing. In 2019, affected by multiple factors, the global PCB industry output value fell slightly by 1.7% year-on-year to US$61.3 billion. Although COVID-19 impacted the industry, the rapid development of 5G has allowed the PCB industry to grow. It is estimated that the global PCB output value will be 62.5 billion US dollars in 2020 and reach 79.2 billion US dollars by 2025.

The Printed Circuit Board (PCB) industry is the basic industry of electronic information product manufacturing and the industry with the largest output value in the global electronic component industry. PCB has a wide range of applications, ranging from home appliances to products such as ocean exploration. As long as there are electronic components, PCBs are needed for support and interconnection between them