According to the TrendForce Global Automotive PCB Market Outlook study, as PCBs account for more than half of consumer electronics applications, in the case of end-market demand has not yet warmed up significantly, resulting in economic headwinds for the PCB industry compared to other parts more pronounced, it is estimated that the global PCB output value of about $79 billion in 2023, compared to the decline in 2022 5.2%. One of the automotive PCB market is bucking the trend of growth, mainly benefited from the global penetration of electric vehicles continue to increase as well as automotive electronics, the annual output value in 2023 is estimated to increase by 14%, up to $ 10.5 billion, accounting for the proportion of the overall PCB output value from last year's 11% to 13%; to 2026, the automotive PCB output value will be expected to grow to 14.5 billion U.S. dollars, accounting for the proportion of the overall PCB output value is increased to 15%! The CAGR of automotive PCB production value from 2022 to 2026 is about 12%.

TrendForce said, automotive PCB production value growth from the main electric vehicle penetration rate increase, pure electric vehicles (BEV) per car average PCB value of about 5 to 6 times the traditional fuel vehicles, which the highest value of PCB value content for the electronic control system, accounting for about half of the value of the whole vehicle PCB, and the electronic control system BMS (Battery Management System) The BMS (Battery Management System) of the electronic control system is mainly connected by wiring harness. Under the trend of lightweight electric vehicles, FPC (Flexible Printed Circuit) will be gradually adopted in the future, which will further increase the PCB value content of the electronic control system.

With the level of autonomous driving and penetration rate continues to increase, the average number of electronic products such as lenses and radar per car will continue to increase, the current vehicle PCB to 4 ~ 8 layer board is the main, while the self-driving system more than the use of a higher unit price of HDI board (High Density Interconnect), the price of its 4 ~ 8 layers of boards about 3 times, L3 or more self-driving system equipped with LIDAR (Light Detection and Ranging, Light Detection and Ranging, Flexible Printed Circuit), will further increase the value of the electronic control system PCB content. Light Detection and Ranging, light up to) the HDI price of up to tens of dollars, but also for the future of automotive PCB output value of the main source of incremental.

In terms of type, it is estimated that in 2023 the main automotive PCB 4 ~ 8 layer board accounted for the proportion of the overall automotive PCB is about 40%, to 2026 will fall to 32%, the proportion of the higher unit price HDI board from 15% to 20%; FPC board from 17% to 20%, thick copper and RF boards from 8% and 8.8% to 9.5% and 10.8%, the price of a single Lower single and double-layer panels decreased from 11.2% to 7.7%.