PCB market situation in the first half of the year

Views: 6     Author: Site Editor     Publish Time: 2023-08-29      Origin: Site

              PCB is a key electronic interconnection component of electronic products, known as the "mother of electronic products", widely used in consumer electronics, automobiles, communication equipment, industrial control and medical fields.

               However, since the fourth quarter of 2022, due to factors such as weak demand for consumer electronics and lower than expected overall demand from end customers, the PCB industry has shown an overall downward trend due to drought.

               In the first half of 2023, global trade and investment slowed down, and the global economic recovery was weak. The electronic information industry faced fierce challenges such as weak demand, inventory adjustments, oversupply, and "serious internal competition". The impact of multiple factors suppressed the new demand in the PCB industry. According to Prismark's forecast, the output value of the PCB industry in 2023 was $74.14 billion, a year-on-year decrease of 9.3%. The overall PCB market in the first quarter of 2023 decreased by 20.3% compared to the first quarter of 2022, and decreased by 13.1% compared to the fourth quarter of 2022.

                Entering the second half of the year, the overall demand of the industry is expected to gradually recover

               With the rapid iteration and application expansion of new artificial intelligence such as ChatGPT, the computing infrastructure market represented by A server has exploded rapidly. Cloud computing, edge computing and other PCB downstream fields will also usher in vigorous development, and continue to lead the global PCB industry towards high-precision, high-density, high integration and high reliability

                The rise of emerging technologies such as 5G communication, autonomous driving, and the Internet of Things will also drive the market demand for high-end products such as multi-layer, high-frequency high-speed boards, and HDI.

               In the second half of the year, as the market recovers, there should be a significant increase in demand for PCBs.


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