Due to a variety of factors, the global Circuit Board Assembly
industry production volume dropped by 1.7 percent year on year to $61.3 billion in 2019.
Despite the effect of COVID-19 on the market, the accelerated growth of 5G has allowed the PCB Fabrication sector to expand. The global PCB export volume is expected to hit $62.5 billion in 2020 and $79.2 billion by 2025.
Flexible circuits and Quick Turn PCB Assembly are expected to rise much faster than rigid PCBs in the global economy since the former will reduce form factor and replace connectors. However, in most cases, PCB Prototype Manufacturers concentrate on single-sided, double-sided, and multi-layered PCBs with a four to six-layer count.