2023 Flexible Printed Circuit Board Industry Status and Market Development Prospects Trend Analysis: Although the development of 5G necessitates rapid advancements in circuit board technology, rising costs of labor, rent, water, and electricity have prompted circuit board and flexible circuit board companies to relocate to other provinces.
what is the prospect of flexible printed circuit board industry? With the continuous advancement of 5G construction, due to the high-speed and high-frequency characteristics of 5G, the value of the communication board will also be greatly improved in terms of a single base station, and the demand for the circuit board in the construction of 5G base station will be further pulled. Secondly, due to the increase of 5G channels, the area and number of layers of a single PCB are required to be higher. The area has increased from 15cm to 35cm, and the number of layers of the circuit board has also been upgraded from double panels to about 12 layers.
In addition, 5G terminal devices, such as mobile phones and smartwatches, will also need to be updated at the same time as communication technology, which requires much more circuit boards than infrastructure. Flexible printed circuit board is the key electronic interconnection of electronic products, known as the “mother of electronic products”. As an important part of the electronic information industry, the circuit board industry is strongly supported by the national industrial policy and will upgrade its development direction in the future.
Circuit board including: ceramic circuit board, alumina ceramic circuit board, aluminum nitride ceramic circuit board, circuit board, PCB board, aluminum substrate, high frequency board, thick copper plate, impedance board, PCB, ultra-thin circuit board, ultra-thin circuit board, printing (copper etching technology) circuit board, etc. The circuit board makes the circuit miniaturized and intuitive, which plays an important role in the mass production of fixed circuit and the optimization of electrical appliance layout.
Circuit boards may be called printed circuit boards or printed circuit boards, English name is (Printed Circuit Board)PCB, (Flexible Printed Circuit board)FPC circuit board (FPC circuit board also known as flexible circuit board Flexible circuit board is made of polyimide or polyester film as a base material with high reliability, Excellent flexible printed circuit board. It has the characteristics of high wiring density, light weight, thin thickness and good bending.
And rigid and flex combination plate – the birth and development of FPC and PCB, gave birth to the soft and hard combination plate this new product. Therefore, the combination of soft and hard board, is the flexible circuit board and hard circuit board, after pressing and other processes, according to the relevant process requirements combined together, the formation of a circuit board with FPC characteristics and PCB characteristics.

In the semi-annual report published by the listed flexible circuit board enterprises in 2021, some enterprises achieve double growth of revenue and profit, and some printed circuit board enterprises also appear the phenomenon of increasing revenue without increasing profit. Circuit board industry for increased income does not increase profit, most of the printed circuit board enterprises are believed to be closely related to the rise of raw materials.
It is understood that the main raw materials of the circuit board industry include copper coated plate, copper ball, copper foil, semi-cured sheet, gold salt, etc. Since April 2020, domestic copper prices have been fluctuating upward, the first half of this year is to hit a new high in recent years.
Along with the economic development of our country, labor cost in coastal areas continues to rise, flexible printed circuit board enterprise cost pressure increases, and inland areas introduced industry support policy one after another, vigorously attract investment, and has labor, land, hydropower and other cost advantages, printed circuit board enterprise gradually to Sichuan, Jiangxi, Hunan, Hubei and other regions transferred.
The production capacity of printed circuit board in inland areas shows a trend of rapid growth, and gradually forms industrial agglomeration. The internal relocation of PCB industry is conducive to making full use of regional advantages, optimizing resource allocation, promoting PCB enterprises to improve competitive efficiency, and promoting the healthy development of the industry.

At present, the domestic labor cost is rising, the competition is becoming increasingly fierce, improve the efficiency, reduce the cost has become an important problem faced by the circuit board company.
Therefore, automatic and intelligent production is becoming the direction of flexible PCB industry upgrading.
With the development of electronic information industry, the downstream application field of printed circuit board industry is also more and more diversified, the application field involves communication electronics, consumer electronics, computer, automotive electronics, industrial control, medical instruments, national defense and aerospace and other social economic industries.
With the continuous advancement of 5G construction, due to the high-speed and high-frequency characteristics of 5G, the value of the communication board will also be greatly improved in terms of a single base station, and the demand for the circuit board in the construction of 5G base station will be further pulled. Secondly, due to the increase of 5G channels, the area and number of layers of a single PCB are required to be higher. The area has increased from 15cm to 35cm, and the number of layers of the circuit board has also been upgraded from double panels to about 12 layers.
In addition, 5G terminal devices, such as mobile phones and smartwatches, will also need to be updated at the same time as communication technology, which requires much more circuit boards than infrastructure.
The 5G era provides a huge market and opportunity for PCB circuit board manufacturers. It is estimated that the direct output economic benefits of 5G circuit board in 2020, 2025 and 2030 will be 484 billion RMB, 3.3 trillion yuan and 6.3 trillion RMB respectively. The indirect economic benefits of output are 1.2 trillion RMB, 6.3 trillion yuan and 10.6 trillion RMB respectively.
In the current environment of accelerated evolution of cloud technology, 5G network construction, big data, artificial intelligence, sharing economy, industry 4.0, Internet of things and so on, PCB industry, as the “mother of electronic products”, will become the basic force connecting the previous and the next in the whole electronic industry chain. From 2016 to 2021, the size of the global PCB market showed a fluctuating upward trend. The printed circuit board industry was affected by the COVID-19 pandemic, and the global market size decreased by 1.3% in 2019.
After 2020, the global printed circuit board market recovered from the epidemic, and the market size increased from about $65 billion in 2020 to more than $80 billion in 2021, a year-on-year increase of about 23%. Taken together, in the post-pandemic era, strong downstream consumer demand has driven global flexible PCB growth to double digits.
Therefore, the global PCB industry market scale demand end is more active, for the future output value of steady growth to lay a good foundation. There’s a lot going on in the circuit board manufacturing industry right now, with new technologies such as 5G, the Internet of Things and artificial intelligence having a huge impact on the electronics world.
New trends in circuit board development are catching up fast. The global circuit board market including flexible printed circuit board market is expected to be about $70-75 billion in 2023.
As competition in the flexible circuit board industry continues to intensify, mergers and acquisitions and capital operation among large enterprises become more and more frequent. Outstanding circuit board enterprises at home and abroad pay more and more attention to the analysis and research of the industry market, especially the in-depth study of the current market environment and customer demand trends, in order to occupy the market in advance and obtain the first-mover advantage. Because of this, a large number of excellent brands rise quickly, such as Mondo Technology,gradually become the industry leader.