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Global PCB industry to grow more than 12% in 2010

Global PCB industry to grow more than 12% in 2010

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The production value of the global PCB industry is expected to grow 12.4% on year to US$46.316 billion in 2010 after posting a decline of 14.8% in 2009, according to Shiuh-Kao Chiang, managing partner at market research firm Prismark Partners.

The PCB industry will continue to expand by 7.1% in 2011, according to Prismark data.

This year's growth has been driven by increasing demand and inventory build-ups, which has in return pushed up PCB prices, Chiang commented.

However, Chiang warned that the second half of 2010 will remain a challenge for the industry after a strong rebound in the first half and also due to a slow pace of recovery in the US and Europe.

             Prismark: Production value changes of PCB products by application: 2009-2010

Application

2009

2010

Automotive

(25.8%)

14.2%

Communications

(13.5%)

11.2%

PC products

(17.1%)

10.8%

Consumer products

(8.2%)

15.2%

Industrial/medical care

(21.5%)

16.5%

Defense/aerospace industries

(1.5%)

3.5%

IC substrate

(15.3%)

15.7%

Total

(14.8%)

12.4%

Source: Prismark, compiled by Digitimes, July 2010

 

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