Compared with other core components, the mainland PCB industry is the most solid foundation. in view of its versatility and high-end products cross-cycle development attributes, in the process of low-to-high industry penetration development, will give high-quality companies a higher steady development dividend, is expected to cast the leading international enterprises.

Pcb industry concentration increased, the local transfer trend established: in 2016, the global PCB industry presents three characteristics: weak demand, the impact of new technologies and raw materials prices. The price mark study shows that in 2016, China's mainland PCB output value of us $ 27.104 billion, become the world's only region to achieve growth, the global share increased from 8 % in 2000 to 50 %, with the gradual transfer of capacity to the domestic market share is expected to further improve. We think it will take at least two years for Chinese manufacturers to become manufacturers of high-end PCB products, but in the medium and long term, adequate domestic financial support will make local manufacturers become the mainstay of the PCB industry. At the same time, the domestic PCB industry chain has been relatively perfect, the industry chain up and down linkage, materials and equipment first, to promote the rapid growth of domestic enterprises.

The localization rate of FPC is still low and the development is expected to be accelerated: FPC is the fastest growing sub-industry in PCB, and the development trend is optimistic. By 2017, global PCB output is expected to reach us $ 65.7 billion, with the FPC accounting for 23.9 % of us $ 15.7 billion. In our country, the production of low-end flexible printed circuit board is given priority to, high-precision FPC and rigid-flex board production is still in the initial stage. Along with the innovation and upgrading of smart phone technology, including wireless charging, comprehensive screen, etc., the value of FPC will continue to increase, the number of domestic brands of FPC gradually increased, the price rise pattern for the production of high value-added FPC products manufacturers to bring the best development opportunities. At the same time, the FPC downstream application diversity, embracing automotive electronics and wearable new blue sea.

Auto - driving + new energy vehicle dual-wheel drive, auto PCB has a bright future: vehicle PCB grows steadily year by year, auto-driving and new energy vehicles become driving dual engines. Industry catalysts are as follows:

1 ) sales of new energy vehicles have been rising since 2010, and the market scale is expected to expand further with the rising demand of emerging countries in the future;

2 ) due to environmental factors, a new generation of vehicles such as ev electric vehicles, plug-in hybrid electric vehicles will gradually become popular;

3 ) ada s penetration rate is increasing, automotive electronic intelligence has become a big trend, for unmanned in the future, ada s is more important.

Millimeter wave radar is usually a complete system supply, MMIC chip and antenna PCB board is the core of millimeter wave radar hardware, including radar antenna high frequency PCB board by Rogers ( Rogers ), schweizer ( Schwartz, currently holding 19.74 % stake in Shanghai electric co., ltd. ) and other minority companies.

5g wind water has led to another wave of PCB industry: the future growth point of PCB industry, in addition to automotive electronics and new energy automotive catalysts, 5g application potential is extraordinary. By 2019, the PCB industry is expected to revolutionize innovation and the industry chain will change dramatically. With the gradual maturity of 5g technology and China's leading position in the future, the domestic leading PCB enterprises are expected to usher in a new development peak.