The price and quantity of PCB used in 5G base station double increase leading company’s prosperity has been improved since this year
2019 is the first year of 5G industry, and the explosive growth of 5G industry also brings new momentum to the PCB field. With the iteration of 5G technology, the product structure of PCB also appears differentiation, and multilayer board still occupies the mainstream position in the current PCB market. With the rapid development of electronic circuit industry technology, the integrated functions of components are increasingly extensive, and the high-density requirements of electronic products on PCB become more prominent, high-end PCB products such as high multilayer board gradually occupy a dominant position in the market. If the demand is estimated, the price and quantity of PCB used in 5G base station will increase, which will strongly pull the demand for PCB.
5G substrate full outbreak of PCB ushered in new growth momentum
PCB, also known as printed circuit board in Chinese, is an important electronic component, is the support body of electronic components, is the carrier of electrical connection of electronic components. The downstream of PCB industry covers almost all electrical and circuit products, and the most core and largest application fields include communication equipment, computer, consumer electronics, and automobile electronics, etc. With the development of electrification and automation of human society, PCB has been applied more and more widely, and there is no alternative for the time being.
According to NTI data, in 2016, there were as many as 2,800 PCB enterprises in the world, half of which were from the Chinese mainland. In addition, there were as many as 2,300 local raw material suppliers and special-purpose equipment manufacturers. However, the largest number of top 10 manufacturers in the world are Taiwan-funded enterprises, while the total number of mainland PCB manufacturers is large, but small in scale and low in concentration.
Previously, for the domestic PCB industry, the number of enterprises but the proportion of revenue is not the world’s first. Specific data show that in 2016, the largest number of top 100 enterprises is the Chinese mainland, with 45 enterprises accounting for 39.8% of the global total. But total revenue was only $10.362 billion, or 20.4 percent.
With the arrival of a new wave of global electronic industry capacity transfer represented by the industry transfer of PCB and integrated circuit industries, mainland manufacturers are embracing growth opportunities. As of August 31, the end of the electronic industry report, 19H1 industry revenue 976.376 billion yuan, a year-on-year growth of 13.73%, compared to the same period last year, the growth rate is flat, led by passive components and PCB components represented by the component plate. 5G substrates such as soft board, high-end high-speed materials and PCB are comprehensively laid out to benefit from 5G elasticity and strong certainty of domestic substitution.
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