Artificial intelligence (AI) is one of the hottest technologies in the world today, and it is changing the development of various industries and fields. The application of AI requires a large amount of computing power and data processing power, which provides huge business opportunities for the AI chip and server market. The PCB (printed circuit board), which is the mother of electronic products, has also ushered in unprecedented development opportunities due to the development of AI.
PCB is the carrier of electronic components, which connects electronic components to form a circuit system. The performance and quality of PCB directly affect the performance and quality of electronic products. With the continuous upgrading of electronic products, the demand for PCBs is also increasing. According to market research firm Prismark**, the total output value of the global PCB market is expected to reach $75.8 billion by 2024, with a compound annual growth rate of 48%。
The downstream applications of PCB are very wide, including communications, computers, consumer electronics, automotive electronics, medical equipment, aerospace, military, etc. Among them, communication and computers are the main consumer areas of PCB, accounting for nearly seventy percent of the PCB market. With the deployment and popularization of 5G networks, as well as the development of cloud computing and big data, the demand for PCBs in the communication and computer fields will continue to grow. Especially in the server market, the number and performance of servers will be greatly increased due to the large amount of data storage and processing required by AI applications, which will drive the demand for PCBs. According to statistics, global server shipments reached 13 million units in 2020, a year-on-year increase of 104%。The unit price of the PCB of the server is much higher than the unit price of the PCB of ordinary electronic products, so the growth of the server market contributes more to the PCB market.
In addition to the communication and computer fields, automotive electronics are also an important growth point for the PCB market. With the development of intelligent, electrified and networked automobiles, there are more and more electronic components in automobiles, and the demand for PCBs is also getting higher and higher. It is estimated that by 2025, the average PCB usage per car will reach $800, up from $300 today. The PCB usage of new energy vehicles and intelligent connected vehicles will be even higher, reaching more than $1,000. Therefore, the development of the automotive electronics market will bring great potential to the PCB market.
In addition, the Internet of Things, Industry 40. Emerging fields such as cloud servers and storage devices are also expected to become new driving forces for the continuous growth of PCB demand. These fields require a large number of smart devices and sensors, as well as high-speed, high-density, and high-reliability PCBs. According to **, the number of IoT devices worldwide will reach 75 billion by 2025, more than double the number of 2020. And Industry 4The implementation of 0 will make industrial production more intelligent, automated, and digital, and will also drive the demand for PCBs. The development of cloud servers and storage devices is closely related to the development of AI, which will provide strong back-end support for AI applications, and will also require higher performance and larger capacity PCBs.
In the global PCB market, the position of Chinese mainland is very prominent. At present, the PCB output value in Chinese mainland has accounted for more than half of the global total output value, and is the world's largest PCB production base and consumer market. PCB enterprises in Chinese mainland not only have scale advantages, but also continue to improve their technical level and product quality, and have been able to meet the needs of various fields. Especially in high-end fields such as servers and automobiles, PCB companies in Chinese mainland have strong competitiveness and fierce competition with internationally renowned brands.
With the continuous development of artificial intelligence, the prospects of the PCB market are very broad. PCB enterprises in Chinese mainland are seizing this historical opportunity, increasing R&D investment, improving innovation capabilities, expanding market channels, establishing close cooperative relations with downstream customers, striving to occupy a larger share in the global PCB market, and making greater contributions to the development of the electronics industry.