Please Wait.....
Report
China Printed Circuit Board Market Forecast 2024-2032
Market Report I 2024-08-12 I 145 Pages I Inkwood Research
KEY FINDINGS
The China printed circuit board market is estimated to prosper at a CAGR of 5.32% over the forecast period of 2024-2032. The base year regarded for the studied market is 2023, and the forecasting years are from 2024 to 2032.
MARKET INSIGHTS
The China printed circuit board industry is experiencing robust growth driven by the rising use of electronics across a variety of applications. As electronic devices become increasingly integral to daily life, their applications expand into diverse sectors, including automotive, healthcare, and consumer electronics. This widespread adoption fuels the demand for printed circuit boards (PCBs) that can support the advanced functionalities of modern electronics. Consequently, manufacturers are focusing on developing PCBs that cater to these varied needs, enhancing performance and reliability.
Additionally, the explosive rise in internet usage is a major factor contributing to the growth of the PCB market in China. The proliferation of internet-connected devices, from smartphones and tablets to smart home systems, requires high-performance PCBs to ensure seamless connectivity and data transfer. The surge in internet usage accelerates the need for PCBs that can handle increased data volumes and complex connectivity requirements, driving innovation and production within the industry.
However, the market faces challenges such as volatility in raw material pricing. Fluctuations in the costs of key materials used in PCB manufacturing, such as copper and various polymers, can impact overall production costs and pricing stability. This volatility necessitates that manufacturers adopt strategies to manage and mitigate the effects of price changes on their operations.
Regulations on e-waste also pose a challenge for the PCB market in China. As environmental concerns intensify, stricter regulations are being implemented to manage and reduce electronic waste. These regulations require manufacturers to adopt more sustainable practices and develop eco-friendly PCBs, which can increase production complexity and costs. Compliance with these regulations is essential for maintaining market access and meeting environmental standards.
On the positive side, there is a growing adoption of flexible printed circuit boards in China. Flexible PCBs offer significant advantages, including their ability to bend and conform to various shapes, which is ideal for modern electronic devices that demand compact and adaptable designs. This trend is leading to increased investment in the development and production of flexible PCBs, enhancing their availability and applications across different sectors.
Advancements in IoT and AI integration in PCB design are also shaping the market landscape. The integration of Internet of Things (IoT) and artificial intelligence (AI) technologies into PCB design enhances the capabilities and functionality of electronic devices. By incorporating these advanced technologies, manufacturers can create more intelligent and responsive PCBs that meet the evolving demands of modern electronics, driving further growth and innovation in the sector.
SEGMENTATION ANALYSIS
The China printed circuit board market segmentation incorporates the market by raw material, substrate, and application. The raw material segment is further segregated into epoxy resin, glass fabric, phenolic resin, kraft paper, and other raw materials. Epoxy resins play a crucial role in over-molding integrated circuits, transistors, and hybrid circuits, as well as in the manufacturing of printed circuit boards (PCBs). These resins provide essential insulation and protection for electronic components and PCBs, shielding them from harsh environmental conditions such as vibration, thermal or physical shock, moisture, and general pollution. By encapsulating electronic devices, epoxy resins create a robust barrier against these challenges, enhancing performance and reliability under demanding conditions.
Kraft paper, also known as cellulose paper, is primarily used in the lamination process for printed circuit boards (PCBs). Its roles include heat preservation, pressure relief, heat transfer management, and decompression during circuit board production. Traditionally, Kraft paper has been used in various laminates, including FR-1, FR-2, and FR-3, which are based on this type of paper.
Moreover, kraft paper, made from chemical pulp, is valued for its cost-effectiveness and mechanical strength. In PCB manufacturing, it serves as a thermal lagging sheet positioned outside the multilayer PCB stack to reduce heat transfer from the platens and manage temperature increases during the heating process. Its benefits include controlling the rate of prepreg rise during critical stages, ensuring uniform heating across the platen, and achieving consistent lamination thickness. The growing electronic manufacturing sector drives the demand for Kraft paper, as it plays a crucial role in the lamination of PCBs, with significant growth expected in electronic product manufacturing in the coming years.
COMPETITIVE INSIGHTS
Some of the leading players in the China printed circuit board market include Daeduck Electronics, HannStar Board Corporation, Samsung Electronics Inc, TTM Technologies, etc.
HannStar Board Corp (HSB) is a prominent electronics manufacturer specializing in printed circuit boards (PCBs). The company produces PCBs for a wide range of applications, including computers, peripherals, cellular phones, networking equipment, telecom systems, game consoles, set-top boxes, televisions, and printers. HSB's products are utilized in various fields, such as mobile phones, PDAs, notebooks, access servers, data storage solutions, and automotive systems. Operating across Taiwan, Hong Kong, the British Virgin Islands, the Cayman Islands, and Samoa, HSB is headquartered in Taoyuan, Taiwan.
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. SCOPE OF STUDY
2.5. CRISIS SCENARIO ANALYSIS
2.6. MAJOR MARKET FINDINGS
2.6.1. AUGMENTED DEMAND OF ECO-FRIENDLY PRINTED CIRCUIT BOARDS
2.6.2. INCREASING ADOPTION OF INDUSTRIAL AUTOMATION AND CONTROL SYSTEMS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. RISING DEMAND FOR SMART ELECTRONICS
3.1.2. GROWING APPLICATIONS OF SEMICONDUCTORS
3.1.3. RISING USE OF ELECTRONICS IN DIVERSE APPLICATIONS
3.1.4. EXPLOSIVE RISE IN INTERNET USAGE
3.2. KEY RESTRAINTS
3.2.1. HIGH COMPETITION LEADS TO FALLING PRICES
3.2.2. VOLATILITY IN RAW MATERIAL PRICING
3.2.3. REGULATIONS ON E-WASTE
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. GROWING ADOPTION OF FLEXIBLE PRINTED CIRCUIT BOARDS
4.1.2. ADVANCEMENTS IN IOT AND AI INTEGRATION IN PCB DESIGN
4.1.3. EMERGENCE OF 3D PRINTED PCBS TO REVOLUTIONIZE MANUFACTURING
4.2. PESTLE ANALYSIS
4.2.1. POLITICAL
4.2.2. ECONOMICAL
4.2.3. SOCIAL
4.2.4. TECHNOLOGICAL
4.2.5. LEGAL
4.2.6. ENVIRONMENTAL
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. GROWTH PROSPECT MAPPING
4.5. MARKET MATURITY ANALYSIS
4.6. MARKET CONCENTRATION ANALYSIS
4.7. VALUE CHAIN ANALYSIS
4.7.1. RESIN & FIBER SUPPLIERS
4.7.2. LAMINATORS & MANUFACTURERS
4.7.3. DISTRIBUTORS AND RETAILERS
4.7.4. END-USERS
4.8. KEY BUYING CRITERIA
4.8.1. APPLICATION
4.8.2. RELIABILITY
4.8.3. COST
5. MARKET BY RAW MATERIAL
5.1. EPOXY RESIN
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. GLASS FABRIC
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. PHENOLIC RESIN
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
5.4. KRAFT PAPER
5.4.1. MARKET FORECAST FIGURE
5.4.2. SEGMENT ANALYSIS
5.5. OTHER RAW MATERIALS
5.5.1. MARKET FORECAST FIGURE
5.5.2. SEGMENT ANALYSIS
6. MARKET BY SUBSTRATE
6.1. STANDARD MULTILAYER
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. FLEXIBLE CIRCUITS
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. HIGH-DENSITY INTERCONNECT (HDI)
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
6.4. INTEGRATED CIRCUITS (ICS)
6.4.1. MARKET FORECAST FIGURE
6.4.2. SEGMENT ANALYSIS
6.5. RIGID 1-2 SIDED
6.5.1. MARKET FORECAST FIGURE
6.5.2. SEGMENT ANALYSIS
6.6. RIGID FLEX
6.6.1. MARKET FORECAST FIGURE
6.6.2. SEGMENT ANALYSIS
7. MARKET BY APPLICATION
7.1. COMMUNICATIONS
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. CONSUMER ELECTRONICS
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. INDUSTRIAL ELECTRONICS
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENT ANALYSIS
7.4. AUTOMOTIVE
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENT ANALYSIS
7.5. MILITARY
7.5.1. MARKET FORECAST FIGURE
7.5.2. SEGMENT ANALYSIS
7.6. OTHER APPLICATIONS
7.6.1. MARKET FORECAST FIGURE
7.6.2. SEGMENT ANALYSIS
8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIC DEVELOPMENTS
8.1.1. MERGERS & ACQUISITIONS
8.1.2. PARTNERSHIPS & AGREEMENTS
8.1.3. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
8.2.1. ASCENT CIRCUIT PRIVATE LIMITED
8.2.1.1. COMPANY OVERVIEW
8.2.1.2. PRODUCTS
8.2.1.3. STRENGTHS & CHALLENGES
8.2.2. AT&S (AUSTRIA TECHNOLOGIE & SYSTEMTECHNIK AKTIENGESELLSCHAFT)
8.2.2.1. COMPANY OVERVIEW
8.2.2.2. PRODUCTS
8.2.2.3. STRENGTHS & CHALLENGES
8.2.3. COMPEQ LTD
8.2.3.1. COMPANY OVERVIEW
8.2.3.2. PRODUCTS
8.2.3.3. STRENGTHS & CHALLENGES
8.2.4. DAEDUCK ELECTRONICS
8.2.4.1. COMPANY OVERVIEW
8.2.4.2. PRODUCTS
8.2.4.3. STRENGTHS & CHALLENGES
8.2.5. HANNSTAR BOARD CORPORATION
8.2.5.1. COMPANY OVERVIEW
8.2.5.2. KEY COMPANY DETAILS
8.2.5.3. PRODUCTS
8.2.5.4. STRENGTHS & CHALLENGES
8.2.6. SAMSUNG ELECTRONICS INC
8.2.6.1. COMPANY OVERVIEW
8.2.6.2. PRODUCTS
8.2.6.3. STRENGTHS & CHALLENGES
8.2.7. TTM TECHNOLOGIES
8.2.7.1. COMPANY OVERVIEW
8.2.7.2. PRODUCTS
8.2.7.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - PRINTED CIRCUIT BOARD
TABLE 2: CHINA PRINTED CIRCUIT BOARD MARKET, BY RAW MATERIAL, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)
TABLE 3: CHINA PRINTED CIRCUIT BOARD MARKET, BY RAW MATERIAL, FORECAST YEARS, 2024-2032 (IN $ BILLION)
TABLE 4: CHINA PRINTED CIRCUIT BOARD MARKET, BY SUBSTRATE, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)
TABLE 5: CHINA PRINTED CIRCUIT BOARD MARKET, BY SUBSTRATE, FORECAST YEARS, 2024-2032 (IN $ BILLION)
TABLE 6: CHINA PRINTED CIRCUIT BOARD MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)
TABLE 7: CHINA PRINTED CIRCUIT BOARD MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ BILLION)
TABLE 8: LIST OF MERGERS & ACQUISITIONS
TABLE 9: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 10: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR CHINA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: CHINA PRINTED CIRCUIT BOARD MARKET, GROWTH POTENTIAL, BY RAW MATERIAL, IN 2023
FIGURE 9: CHINA PRINTED CIRCUIT BOARD MARKET, BY EPOXY RESIN, 2024-2032 (IN $ BILLION)
FIGURE 10: CHINA PRINTED CIRCUIT BOARD MARKET, BY GLASS FABRIC, 2024-2032 (IN $ BILLION)
FIGURE 11: CHINA PRINTED CIRCUIT BOARD MARKET, BY PHENOLIC RESIN, 2024-2032 (IN $ BILLION)
FIGURE 12: CHINA PRINTED CIRCUIT BOARD MARKET, BY KRAFT PAPER, 2024-2032 (IN $ BILLION)
FIGURE 13: CHINA PRINTED CIRCUIT BOARD MARKET, BY OTHER RAW MATERIALS, 2024-2032 (IN $ BILLION)
FIGURE 14: CHINA PRINTED CIRCUIT BOARD MARKET, GROWTH POTENTIAL, BY SUBSTRATE, IN 2023
FIGURE 15: CHINA PRINTED CIRCUIT BOARD MARKET, BY STANDARD MULTILAYER, 2024-2032 (IN $ BILLION)
FIGURE 16: CHINA PRINTED CIRCUIT BOARD MARKET, BY FLEXIBLE CIRCUITS, 2024-2032 (IN $ BILLION)
FIGURE 17: CHINA PRINTED CIRCUIT BOARD MARKET, BY HIGH-DENSITY INTERCONNECT (HDI), 2024-2032 (IN $ BILLION)
FIGURE 18: CHINA PRINTED CIRCUIT BOARD MARKET, BY INTEGRATED CIRCUITS (ICS), 2024-2032 (IN $ BILLION)
FIGURE 19: CHINA PRINTED CIRCUIT BOARD MARKET, BY RIGID 1-2 SIDED, 2024-2032 (IN $ BILLION)
FIGURE 20: CHINA PRINTED CIRCUIT BOARD MARKET, BY RIGID FLEX, 2024-2032 (IN $ BILLION)
FIGURE 21: CHINA PRINTED CIRCUIT BOARD MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 22: CHINA PRINTED CIRCUIT BOARD MARKET, BY COMMUNICATIONS, 2024-2032 (IN $ BILLION)
FIGURE 23: CHINA PRINTED CIRCUIT BOARD MARKET, BY CONSUMER ELECTRONICS, 2024-2032 (IN $ BILLION)
FIGURE 24: CHINA PRINTED CIRCUIT BOARD MARKET, BY INDUSTRIAL ELECTRONICS, 2024-2032 (IN $ BILLION)
FIGURE 25: CHINA PRINTED CIRCUIT BOARD MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ BILLION)
FIGURE 26: CHINA PRINTED CIRCUIT BOARD MARKET, BY MILITARY, 2024-2032 (IN $ BILLION)
FIGURE 27: CHINA PRINTED CIRCUIT BOARD MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ BILLION)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security