Casa/ Blog/ La producción mundial de fabricación de PCB industria China 2020

La producción mundial de fabricación de PCB industria China 2020

2020-04-09

Tendencias de fabricación de PCB de China y puntos de venta corporativos en 2020

pcb manufacturing china

El China de fabricación de PCB está disminuyendo débilmente. La oferta pública inicial de la empresa china de fabricación de PCB “Zero Duck Egg” ha continuado con su alta presión de protección ambiental, el aumento de los costos operativos y las frecuentes fallas de las pequeñas y medianas empresas. En 2019, ¿la industria de PCB parece marcar el comienzo de la puesta del sol?

The global semiconductor industry is in turmoil in 2019. Affected by this, PCB, as the mother of electronic products, also ushered in a wave of small closures. According to incomplete statistics of public information, there are 4 PCB companies in the world that are involved in bankruptcy / discontinuation / closure in 2019.

And most of them are Chinese local small and medium-sized China de fabricación de PCB companies. External causes also include internal causes of poor capital risk resistance and poor management of the capital chain.

The Phenomenon of pcb manufacturing china companies

At the same time, the IPO phenomenon of Chinese PCB companies that was in full swing in the past two years has come to an abrupt end in 2019, and no new PCB manufacturing companies have landed on the capital market.

In addition, the financing quota of existing PCB listed companies in 2018 ~ 2019 has also dropped significantly. PCB companies have encountered “Waterloo” in the capital market for the first time. Listing is no longer a one-time growth method.

The global electronics market is declining steadily. Chinese PCB companies are “waterloo” in the capital market. Environmental protection high pressure continues, operating costs rise, and small and medium-sized enterprises close down frequently … In 2019, does the PCB industry seem to usher in the sunset?

The author still remembers clearly that in the first lesson of entering the China de fabricación de PCB industry, an old-timer with white hair said:

 “Mientras los productos electrónicos sigan existiendo durante un día, se necesitan circuitos internos, ¡entonces la industria de PCB es siempre una industria en alza!

Desarrollo de la industria de fabricación de pcb en China

 

Por lo tanto, siempre que crea firmemente en esto, la industria de los PCB tendrá considerables perspectivas de desarrollo. Pero, cómo aprovechar la oportunidad en la crisis, cada empresa de PCB tiene su propio secreto. Lo más ideal, por supuesto, es que “los ganadores son reyes”; pero en segundo lugar, solo los "sobrantes" que hayan sobrevivido al período de ajuste tendrán la oportunidad de ver oportunidades futuras y también pueden ser "reyes".

El estado actual de la industria mundial de PCB en 2019: avanzar bajo presión, sin pesimismo

According to the data over the years, the growth rate of the global China de fabricación de PCB industry has fluctuated continuously with the fluctuation of the semiconductor market.

  • 1980 to 1990 was the golden period for the development of the Japanese semiconductor industry.
  • With the vigorous development of DRAM, the Japanese semiconductor industry grew rapidly and the PC industry spread rapidly worldwide.
  • In the same period, when the global PCB industry ushered in a rapid start, CAGR reached 15.9%.

Until 2001 to 2010, the financial industry experienced major financial fluctuations, the global semiconductor industry suffered setbacks, and the growth rate of personal computers slowed down.

The PCB industry CAGR shrank to 2.1% and entered a long period of low ebb.

Después de 2011, la industria china de semiconductores entró en el escenario principal de la historia. Y la industria mundial de PCB se ha convertido en un juego de niños. Aunque la industria de PCB experimentó ajustes a corto plazo debido a múltiples factores como los altibajos de la tasa de crecimiento de los teléfonos inteligentes.

El ajuste de inventarios superpuestos y el aumento de los precios de las materias primas. Después de experimentar una pequeña disminución continua en 2015 y 2016, el China de fabricación de PCB recuperó en 2017 La situación ha entrado en un período de crecimiento constante.

Según los datos de PRISMAKE:

  • debido al impacto de la guerra comercial entre China y EE. UU. y la caída del mercado de consumo final
  • la tasa de crecimiento de la producción mundial de PCB en el primer trimestre de 2019 disminuyó un 14,5% desde el cuarto trimestre de 2018 y un 7,4% desde el primer trimestre de 2018.

La producción mundial de la industria de fabricación de PCB

 

Ambos valores son los puntos más bajos de los últimos años. Con el fuerte lanzamiento de los teléfonos móviles con pantalla flexible del segundo trimestre y los teléfonos móviles 5G, la tasa de crecimiento del valor de producción de PCB global ha comenzado a repuntar. Se espera que el tercer trimestre repunte al nivel del mismo período en 2018. Lo más obvio.

Desde la perspectiva de todo el año:

  1. el valor de producción global de PCB en 2019 alcanzará los 61,31 mil millones de dólares estadounidenses (equivalente a 429,66 mil millones de yuanes)
  2. es una disminución del 1,7% en comparación con 2018 de 62.397 millones de dólares estadounidenses.
  3. Esto es suficiente para demostrar que, a pesar de la reducción de la demanda en el mercado final, la demanda general en el mercado mundial de PCB sigue siendo muy estable y los actores de la industria no deben dejarse engañar por el pesimismo.

El héroe ve lo mismo. El presidente de CPCA, Yu Ra, también resumió la tendencia de crecimiento del valor de producción global de PCB en 2019 como "abrir bajo y caminar alto". 

He publicly pointed out that in the first three quarters of 2019, the global PCB output value has decreased by 3.5% year-on-year, but the annual rate will not be lower than -3%.

The scaling of printed circuit board manufacturing industry china

He believes that the scale of China de fabricación de PCB output value has changed quarterly. After a 4.1% month-on-month decline in Q1 2019, the output value of Q2 and Q3 has grown strongly, with 6.7% and 11.8% quarter-on-quarter growth.

But only slightly increased by 0.7% in Q4; The market performance smoothed the development decline of Q1. This is very similar to PRISMAKE’s prediction.

Independientemente de la información específica, no hay una avalancha de disminución en el valor de producción global de PCB en 2019, que es el consenso de los líderes de la industria. En cuanto a las nuevas estrellas de PCB en 2019, sin duda se trata de placas FPC y multicapa, que también están muy relacionadas con el mercado comercial 5G.

Industria de PCB de China: el valor de producción de 2023 superará la marca de los 300.000 millones

 

Centrarse en China. En el contexto del crecimiento negativo en el China de fabricación de PCB en los últimos años, la industria de PCB de China es el único país que ha logrado un crecimiento positivo, al tiempo que mantiene su posición como el valor y la producción de producción mundial número uno.

Según datos de PRISMAKE:

  • El valor de producción de PCB de China en 2018 representó el 52,4% del total mundial.
  • En 2019, estos datos aumentarán al 53,8% y se prevé que aumente al 54,6% para 2023;
  • the global PCB output value will reach 77 billion US dollars in 2023,
  • and China will reach USD 42.042 billion (equivalent to a contract of RMB 300 billion)!

Therefore, this article focuses on dissecting the development status, advantages and disadvantages of China de fabricación de PCB industry chain. And can also find out the global PCB development trajectory and prospects.

  1. Board Factory

China’s local PCB manufacturers should discuss the two categories separately.

The first category is the small and medium-sized board factories mentioned above. Due to the sluggish end market, the pressure of environmental supervision, and the inflexibility of their own business strategies, their development will be difficult in 2019.

However, this kind of challenge is not unique to 2019. As early as two or three years ago, there was an endless stream of news about closures and shutdowns. And the industry often called it “industrial reshuffle.”

The other is China’s main PCB head companies. They are mainly 23 A-share listed PCB manufacturing companies. So They have high technology, large market, high profit and large-scale operation and management. They have first-class anti-risk capabilities.

According to public information from A shares, the revenue of these 23 PCB companies in the first three quarters of 2019 has generally risen against the trend, with a total revenue of RMB 84.9 billion, an increase of 12.4% over the same period. 

  1. Among them, 19 companies maintained positive growth
  2. 11 companies achieved double-digit growth
  3. and the companies with an increase of more than 30% were Shennan Circuit, Shanghai Electric Power Co., Ltd., and Chuanyi Technology.
  4. In terms of profit, the 23 PCB companies totaled RMB 7.2 billion in the first three quarters, an increase of 22.4% over the same period.
  5. Among them, 16 companies remained profitable, with the highest increase being Hudian (122%), followed by Shennan Circuit, Bomin Electronics, Hongxin Electronics, and Zhongjing Electronics with a 50% increase.

Growth of Revenue in Pcb manufacturing industry china

It can be seen that in the current China de fabricación de PCB industry, the head enterprises are still the main force for the double growth of revenue and profit. This trend of “bigger Evergrande” will continue in the next 3 to 5 years.

What do these head companies rely on for “double harvest” of revenue? From Ra, he believes that there are three market factors:

  1. 5G
  2. new energy vehicles
  3. and PC.

First of all, 5G commercialization will undoubtedly bring a huge outlet to the terminal electronics market.

But this benefit did not immediately explode in large scale in 2019. The reason for this is that the 5G commercial in 2019 is the result of “sneaking away” under external pressure.

In fact, the entire 2019 is still in the process of 5G infrastructure construction, and it is not yet complete. Therefore, for the China de fabricación de PCB industry, the head enterprises that have already deployed communication base stations can naturally eat the “head soup” of the 5G market from the beginning of the 5G infrastructure (Editor: The first soup.

what is meant to do They all strive to be the first person?

As for small and medium-sized enterprises, they do not have this pair of access ports. So they naturally have to wait hard for the arrival of large-scale 5G commercial use in 2020.

“5G is definitely an opportunity for the PCB industry, and now it’s too late to prepare!” Said Lei.

mcpcb manufacturing in china

As for the automotive sector in 2019, it can be described as “sunrise in the east and rain in the west”-traditional fuel vehicles have suffered a dramatic decline, and layoffs have been shut down.

However, new energy vehicles, especially electric vehicles, autonomous driving, smart driving and other market segments from the national level to the general consumer from top to bottom, the scenery is infinite. Therefore, the performance of the China de fabricación de PCB head companies that have deployed new energy vehicles performed well.

Automotive pcb manufacturing china Industry

 

However, automotive PCBs belong to the automotive-grade electronics field and require a very rigorous testing process. Not all leading companies can enter the supply chain as expected. For electric vehicles, in addition to stable safety performance, the PCB also has strict requirements on the weight of the board, which makes the electronic components in the vehicle lighter and further reduces the weight of the vehicle.

In the end, the PC market is really a nostalgic product but a little tasteless. The rise of the pcb manufacturing china industry is inseparable from the vigorous development of the PC market, but with the rise of smart phones, the PC market is no longer a major component of PCB demand. Is it serious to talk about the PC market now?

Yes, the PC market has picked up. On the one hand, the advent of 5G communication has enabled more functions to be realized on the PC side, and the replacement cycle of PC products has arrived. In 2019, the PC consumer market has become hot.

On the other hand, the development of science and technology is regional. Although the demand for PCs in Europe, America, Japan, South Korea, Asia-Pacific and other markets is not as good as before, developing countries such as Southeast Asia and India are in need of PC products to bring their development More convenience.

“The PCB industry has always been a sunrise industry, and it has always tested everyone how to seize opportunities and turn crises into business opportunities,” a senior PCB industry professional told the International Electronics Business (ESMC).

  1. Materials

pcb manufacturing china and metal supply

China de fabricación de PCB and material supply are inseparable. It can be said that if there is no matching material, it is impossible to produce a qualified PCB. Therefore, as board manufacturers make considerable profits in many new markets in 2019.

PCB material suppliers seem to have changed their market strategies, cooperating with PCB manufacturers to develop new and high-end PCB materials, including high-frequency Energy saving and environmental protection, etc. As a result, the revenue and profits of PCB material manufacturers in 2019 have also increased significantly.

It is worth mentioning that 2019 is a small year for PCB financing. In the past two years, several board factories in China have successfully IPO each year, and PCB material and equipment manufacturers are the minority.

In 2019, no new pcb manufacturing china companies landed on the capital market. But three material vendors successfully IPO. This is a very interesting phenomenon, which proves the close relationship between PCB manufacturers and material vendors.

  1. Equipment

Compared with board manufacturers and material manufacturers, China de fabricación de PCB companies in 2019 can be described as a miserable year. PCB is the foundation of the electronic information industry.

 Industry 4.0, automated workshops, and smart manufacturing have been deployed as early as 5-6 years ago, but so far there has been no successful case. 

The impact of sino trade dispute on pcb manufacturing companies china

With the advent of 5G communications, the communication agreements of various large-scale production equipment are expected to be further interoperable; then Sino-US trade disputes broke out, each with new automation equipment and mature automation solutions.

mcpcb suppliers market

Delivery to the board factory as scheduled. What’s more, the equipment that was packaged yesterday cannot be exported / imported the next day, which is a disastrous blow for equipment manufacturers!

Of course, if it is a local China de fabricación de PCB, their export business may be affected, but the local business has not fallen. On the contrary, in the guise of “domestic substitution”, the awareness of innovation is more obvious, the product quality is higher, and the competition is more intense.

In addition, whether there is room for revenue from equipment manufacturers, it also depends on the investment and construction projects of PCB manufacturers. Fortunately, project investment in China’s PCB and related companies is still hot in 2019, which also brings a little comfort to equipment manufacturers.

According to information from CPCA, in the first three quarters of 2019:

  • China’s PCB industry laid a total of 133 projects for foundation laying,
  • expansion and commissioning, with an investment amount of RMB 203.4 billion (including 2019 commissioning projects).
  • Among them, PCB manufacturing is still the focus of investment,
  • with a total of 84 items, accounting for 63% of investment.
  • Jiangxi, Jiangsu and Guangdong have become major investment hot provinces in 2019.

Specifically, PCB investment projects in 2019 are mostly concentrated on high-end products, such as Xinxing’s IC carrier plant invested in Suzhou and Huangshi, Kunshan South Asia’s RMB 900 million new high-end carrier board technology transformation project, and Austrian. The increase of 1 billion euros in the carrier plant built by Tes Chongqing is a typical case.

2020 Global PCB Industry Forecast and Discussion on Enterprise Outlet

A simple review is meaningless. How to move to the future is the core value of this article. As for the prediction of the China de fabricación de PCB industry trends in 2020, industry players generally believe that opportunities and challenges coexist.

This is an old-fashioned term. We are specifically speaking:

  • head companies seize opportunities
  • win challenges, small and micro companies
  • survive challenges> seize opportunities.

1. Opportunities for head pcb manufacturing china companies in 2020

The first is the 5G communication that everyone must talk about. It is the market hotspot that PCB people are eagerly anticipating. But currently it is mainly based on the construction of base stations, the majority of which are network information operators. And PCB orders are concentrated in the head enterprises.

As for 2020, large-scale commercial use is expected. In addition to infrastructure, the consumer electronics industry chain can be deployed in advance.

The challenges are:

  • large size
  • high multilayer
  • alta velocidad
  • low loss
  • high density
  • rigid-flex combination
  • high frequency
  • high Low frequency mixing and other aspects.

Expert opinion for pcb manufacturing china companies

With so many process technologies, new or higher requirements are placed on PCB materials, design, processing, and quality control. China de fabricación de PCB companies need to understand the changing needs of the terminal and combine the materials and equipment to provide a comprehensive solution.

According to Radium, the key to the business opportunities of 5G communication for PCBs lies in how to turn potential demand into landing applications.

  1. How can small-scale PCB companies survive?

Summary- pcb manufacturing china

“Can’t change the trend, just adapt to the trend!” This is a sentence publicly appealed by China de fabricación de PCB experts, which made the author feel a lot.

El ganador es el rey al cambiar primero uno mismo, cambiando así la dirección del viento de la industria y las perspectivas del mercado. Este es un buen espectáculo para los grandes jugadores. Pero, de hecho, la mayoría de las empresas de la industria de PCB son pequeñas y medianas.

En el entorno turbulento del mercado, solo pueden esforzarse por "permanecer" primero y aprender a "hacer todo lo posible" para estimular continuamente sus habilidades en el proceso de transformación. Encuentra un punto de apoyo.

email chevron up