Two major trends in the PCB industry attract attention​

News | 21-07-17 12:01

  The global automotive market is extremely lively, but the status of the upstream component supply chain continues to fluctuate. The PCB industry pointed out that although it has been June, but now looking at the global automotive supply chain, from upstream components to terminal car manufacturers have not fully recovered to the past normal state, lack of labor and materials are frequent, so PCB factories themselves have After adjusting all production capacity operations back, there are still ups and downs in shipments.

  In terms of orders, relevant industry players pointed out that now car factory customers are beginning to re-adjust according to the actual shipment rhythm. The situation of direct over-ordering to over-capacity has been eased before, but the visibility of orders has continued to grow. More distant orders have been In the fourth quarter, many industry players pointed out that in order to avoid shortages of assembled vehicles in the future, even if the order size is adjusted, it is still the collective consensus of customers to ensure long-term capacity supply.

  The automotive PCB factory revealed that the terminal car market is gradually warming up at this stage. If the vaccination rate in Europe and the United States increases, it will promote the recovery of economic activities and drive the terminal demand to rise again in the second half of the year. However, with the current boom in automotive electronics and various new applications such as electric vehicles quickly entering the commercialization stage, the industry does not worry about the terminal market conditions. Instead, the operation of the entire supply chain and out-of-stock issues are relatively large risks.

  The PCB industry pointed out that since this wave of tide, automotive PCB factories are a little too late to respond. The main reason is that the automotive market has been sluggish in the past few years and human resources have remained at a low level. In the short term, they will find a lot of manpower to increase the utilization rate of the production line. , The difficulty is indeed very high, and the same phenomenon has also happened to many component companies.

  In terms of terminal depots, they also have to face another manpower problem—increasing salary levels, which is relatively serious in the United States. Many American automakers pointed out that salaries cannot attract manpower, which in turn affects the delivery process of the entire supply chain.

  As for the shortage of materials, the supply of thick plate materials that use more PCBs for vehicles is relatively tight. The main reason is that the CCL industry does not have a high degree of mastery of upstream raw materials and produces too many thick plate materials that use a large amount of copper foil. It affects the overall inventory balance. However, PCB industry believes that despite the shortage of thick plate materials, it can still be purchased by increasing prices, but it is unknown whether the cost can be passed down.

  02-2020 Asia PCB Industry Competitiveness Research-Land Capital

  Despite the occurrence of a black swan in 2020, under the strong pull of 5G and new energy vehicles, the demand for circuit boards remains strong, which makes land-funded PCB board factories frequently expand production. In 2021, land-funded PCB board factories will continue to increase capital expenditures to expand production capacity. Among them, Guangdong and Jiangxi are the main hot investment provinces, and South China and East China are also important bases for China's circuit board industry. As the 5G communications industry is supported by mainland China's policies, the future expansion projects of various board factories have also become a planning guideline. It is estimated that the revenue of China's PCB industry in 2021 will grow by another 15-20%.

  In 2020, the product type of PCB in mainland China is mainly hard board (including traditional PCB and HDI), the overall proportion will reach 72.3%, and the scale will be about 55.3 billion yuan. FPC is China's second most important product, with an overall market share of 24.4% in 2020 and a scale of approximately RMB 18.66 billion. Carrier boards are not the main focus of China's circuit board industry, accounting for 2.8% of the overall market. However, carrier boards are a PCB product with a relatively rapid growth in 2020, with an output value of approximately RMB 2.17 billion.

  On the whole, there is still a gap between China's circuit board industry in the high-end technical field and the previous squad. However, with the continuous strengthening of land-owned board factories, catching up with the group is just around the corner.

  For the mainland China circuit board industry, although it has been affected by international trade conditions and influences in recent years, compared with other competitors, the domestic demand market and the injection of resources are two unique advantages. For example, based on the current growth rate, mainland-owned manufacturers Within five years, it will become a country with a relatively high share of the global circuit board market, and gradually improve the independent supply capacity of the industry chain

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