LOGO UGPCB
On the timeline of 2024, the Printed Circuit Board (PCB) industry, like the dawn breaking through years of gloom, has ushered in an unprecedented recovery. This is not only the result of the industry’s self-adjustment and innovation but also a direct reflection of the global technological tide, especially the rapid development of Artificial Intelligence (IA) technologie. In this blue ocean full of opportunities and challenges, PCB companies are writing their brilliant chapters with impressive performance reports.
Trumpet of Recovery: The AI Drive Behind Performance
As the first half of 2024 comes to an end, the PCB industry’s report card is dazzling. On the A-share market, the performance reports of 41 listed PCB companies are like vivid paintings, showcasing the strong momentum of the industry’s recovery. Companies such as Shanghai Electric and Founder Technology have become the leaders of the industry with their astonishing growth rates. Shanghai Electric’s revenue increased by 44.13% year-on-year in the first half of the year, and its non-net profit soared by 150.22%. This number is not only a demonstration of corporate strength but also direct evidence of the surge in market demand driven by AI technology.
UGPCBs’ earnings forecast is also optimistic, with a projected increase of 92.64% à 113.78% in non-net profit, indicating that the PCB industry is stepping into a golden age of rapid development. Behind all this is the huge market demand brought about by the widespread application of AI technology in various fields, especially the rapid development of data centers, intelligent driving, électronique grand public, etc., which injects continuous vitality into the PCB industry.
Market Blue Ocean: Sustained Growth Over the Next Five Years
The forecast data from Prismark, an industry research organization, depicts a grand blueprint for the future development of the PCB industry. Dans 2024, the global PCB market size is expected to reach $72.971 billion, with a year-on-year increase of 4.97%. This growth rate not only demonstrates the industry’s recovery momentum but also heralds endless possibilities for the future. By 2028, the global PCB output value is expected to grow to $90.413 billion, maintaining an average annual compound growth rate of 5.40% over the next five years. Behind this data lies the inevitable result of emerging technologies such as AI, 5G, and the Internet of Things continuously driving the development of the electronics industry.
Jiufang Zhi Investment researcher Wang Dehui pointed out that with the comprehensive recovery of the electronics industry, the overall performance of the PCB sector will continue to improve. Especially in areas such as servers, stockage de données, and automotive, the demand for PCB products will continue to grow, becoming an important driving force for industry growth. The rapid development of these areas not only provides broad market space for PCB enterprises but also offers strong motivation for their technological innovation and product upgrades.
Challenges and Opportunities Coexist: Investors’ Caution and Wisdom
Cependant, behind the market prosperity also lie challenges and risks. While the PCB industry develops rapidly, it also faces intense market competition and pressure from technological changes. Investors need to maintain a sober mind and cautious attitude while enjoying market dividends. In-depth analysis of a company’s financial performance, market prospects, and its layout in technological innovation is key to making wise investment decisions.
De plus, a comprehensive assessment of the potential and risks of emerging markets is also necessary. Although the rapid development of AI technology has brought unprecedented opportunities to the PCB industry, it is also accompanied by risks such as accelerated technological iteration and unpredictable market demand. Donc, while seizing market opportunities, investors must also pay close attention to market dynamics and adjust their investment strategies flexibly to address potential industry fluctuations and market challenges.
Conclusion: Joining Hands with AI to Draw a New Chapter for the PCB Industry
En résumé, the PCB industry’s recovery in the first half of 2024 is not only a farewell to the past few years of downturn but also a good omen for future development. Driven by the strong momentum of AI technology, the PCB industry is entering a new era of rapid development. Faced with this blue ocean full of opportunities and challenges, investors need to take caution and wisdom as their sails and keen insight as their rudder, joining hands with PCB companies to draw a splendid chapter of this era.
