The global PCB market size is nearly $800 in the next five years
2022-03-08
The global PCB market size is nearly $800 in the next five years
Printed circuit board (PCB) is a board made of insulating and heat-insulating materials with a certain strength, which is fixed in the circuit and provides the connecting circuit between various components. With the rapid development of microelectronics technology, especially the wide application of transistor electronic systems and equipment, the function and structure of electronic systems and equipment has become very complex, so the initial method of manual circuit construction has been far from meeting the needs of design, then appeared the concept of printed circuit. Since the birth of printed circuit board to the development of today, has been more than 80 years, throughout the history of printed circuit board, it can be divided into seven periods: birth period, trial production period, practical period, rapid development period, high-speed development period, revolution period, maturity period. With the continuous improvement of living standard and consumption level, end consumers pay more attention to the user experience and high-tech content of electronic products, the upgrading of electronic products is accelerated, and the continuous development and rapid transformation of new technologies, new materials and new designs provide a vast downstream demand space for the PRINTED circuit board industry. In the future, with the emerging demands of automotive electronics, wearable devices, industrial control, medical devices and other downstream fields, the PCB industry will usher in a new growth point. As a result, the global printed circuit board market is expected to grow to $78 billion by 2026 at a growth rate.
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