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China's PCB Industry in July 2024: Robust Growth and Diversified Development

Views: 0     Author: Site Editor     Publish Time: 2024-08-03      Origin: Site

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China's PCB Industry in July 2024: Robust Growth and Diversified Development

China's PCB Industry in July 2024: Robust Growth and Diversified Development


In July 2024, China's PCB industry demonstrated robust growth momentum and diversified development trends. The market size is projected to approach RMB 350 billion, fueled by emerging technologies such as 5G, IoT, and cloud computing, which drive a surge in demand for high-performance, high-density PCB products.

The market competition is intense, with international brands and domestic enterprises competing neck and neck. Domestic companies like Dongshan Precision, Shennan Circuit, and Kingboard Chemical have secured their positions in the market through technological innovation and high-quality products. These enterprises are intensifying R&D investments to enhance product performance and cater to the diverse needs of markets, particularly in consumer electronics, automotive electronics, and data centers.

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Environmental protection has emerged as a crucial issue in the industry, with green PCB products gradually gaining market favor. Companies must prioritize the use of eco-friendly materials and reduce environmental pollution during production to align with the global green development trend.

Moreover, the PCB industry is actively expanding into international markets through investments in factories and international collaborations, enhancing its global competitiveness. Southeast Asia has become a new investment hotspot, attracting multiple enterprises to set up operations.

For investors, it is advisable to focus on niche segments within the PCB industry, such as data communication boards, automotive boards, and packaging substrates, which offer higher growth potential and technological barriers. Additionally, leading enterprises, leveraging their market positions and resource advantages, often lead the industry's development, making them important references for investment decisions.

In summary, China's PCB industry exhibits positive momentum in technological innovation, market demand, and international development, pointing to a promising future.

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