The printed circuit board (PCB) is the key electronic interconnection of electronic products and is known as the “mother of electronic products”. The downstream of printed circuit boards is widely distributed, covering communication equipment, computers and their peripherals, consumer electronics, industrial control, medical, automotive electronics, military, aerospace technology and other fields. The irreplaceability is that the printed circuit board manufacturing industry can always develop steadily One of the elements.
High-end PCB companies are dominated by foreign and Chinese leaders
Our country is now the world’s first production base and market for printed circuit boards, with numerous companies. In my country’s printed circuit board industry, companies are divided into three levels: high, medium and low. The medium and high-end are dominated by foreign capital, Hong Kong capital, Taiwanese capital, and a few state-owned enterprises. Domestic companies are at a disadvantage in terms of capital and technology.
The low-end refers to small factories with irregular operations. Due to the low investment in equipment and environmental protection, they have formed a cost advantage. At the mid-end level, a intensive situation of manufacturers is formed, and the competition is more intense.
The overall scale of printed circuit board enterprises is dominated by foreign-funded enterprises. Whether it is investment scale, production technology, and output value, foreign-funded enterprises are stronger than general state-owned enterprises and collective enterprises.
Chinese printed circuit board companies are concentrated in the Pearl River Delta, Yangtze River Delta and other regions
China’s printed circuit board manufacturing industry is a highly competitive industry. After the rapid development stage and fierce market competition tempered, the basic pattern of the PCB industry has gradually formed. As of 2020, the number of PCB companies in mainland China will reach more than 2,000.
From the perspective of regional distribution, China’s PCB industry has basically formed a stable industrial cluster. Domestic PCB companies are mainly distributed in the Pearl River Delta, Yangtze River Delta, and Bohai Rim. The electronics industry has high concentration, large demand for basic components, and good facilities. Areas with transportation conditions, and water and electricity conditions.
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Pengding Holdings is the company with the highest revenue in China’s printed circuit board industry
In terms of corporate competition in my country’s printed circuit board industry, according to the 20th (2020) China Electronic Circuit Industry Ranking List jointly released by China Electronic Circuit Industry Association and China Electronic Information Industry Association in May 2021, my country’s mainland China The company with the highest printed circuit board operating income is Pengding Holdings (Shenzhen) Co., Ltd., with a printed circuit board business revenue of 29.851 billion yuan in 2020; followed by Suzhou Dongshan Precision Manufacturing Co., Ltd. and Tripod Technology Co., Ltd. In 2020, the revenue of the printed circuit board business will be 18.771 billion yuan and 12.528 billion yuan.
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From the perspective of the revenue share of each company, according to Prismark data, the market size of China’s printed circuit boards in 2020 is about 35.1 billion U.S. dollars, which is about 242.176 billion yuan in terms of the average exchange rate of U.S. dollars and renminbi in 2020. According to calculations, among Chinese companies, Pengding Holdings has the largest market share, approximately 12.33%; Dongshan Precision and Tripod Technology have approximately 7.75% and 5.17% of the market.
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China’s printed circuit board industry has low concentration and fierce competition
According to the market share of enterprises, it can be seen that the market concentration of my country’s printed circuit board industry is relatively low. In 2020, the CR5 of my country’s printed circuit board industry is about 34.46%, which is an increase of 2.17 percentage points compared to 2019; CR10 is about 50.71%, which is an increase of 1.88 percentage points compared to 2019. Except for the top companies, the gap in revenue scale of other companies is not obvious, and the competition in the mid-end and low-end areas of the industry is fierce.
