PCB: Widely used worldwide
PCB (PrintedCircuitBoard): Almost all electronic products need to use PCB, so PCB is called "the mother of electronics". The upstream and downstream of the PCB industry are very clear and can be divided into three links: upstream raw materials, midstream copper clad laminates, and downstream PCB manufacturing.
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PCB has a wide range of applications. At present, the industry is booming. There is a certain amount of price and price momentum in the four major segments of HPC, communications, consumer electronics and automotive electronics. How much growth space will be brought to the PCB due to the demand for 5G construction? What other investment logic does the sector have? Industry insiders said that with the advent of the 5G era, major changes will occur in the fields of communications, consumer electronics and automotive electronics, thereby driving the development of the corresponding PCB industry.
Communication field: 5G base stations are characterized by high frequency and high speed, and they need to use higher frequency and wider millimeter wave bands. The millimeter wave signal is severely attenuated and the transmission distance is short. The problem can only be solved by increasing the number of base stations. According to CCID Consulting's forecast, the number of 5G macro base stations will be about 4.75 million in 2026, and the number of small base stations will be twice that of macro base stations, that is, 9.5 million. Such a large number of base stations will bring a broad market space to PCB.
Consumer electronics: Benefiting from the arrival of 5G, the mobile phone market will usher in a wave of phone replacements. Canalys predicts that in the next five years, global 5G mobile phone shipments will reach 1.9 billion, with a compound annual growth rate of 179.9%. Mobile phone PCB will usher in a period of rapid development.
Automotive electronics: Benefiting from the high transmission rate and low latency of 5G, the direction of autonomous driving and smart cars will develop rapidly, and the demand for automotive PCBs will increase.