Home> Company News> Zhejiang Lingchao Electronic Technology Co., LTD Seizes Industry Recovery Opportunities to Boost PCB Product Layout

Zhejiang Lingchao Electronic Technology Co., LTD Seizes Industry Recovery Opportunities to Boost PCB Product Layout

2026,04,11
As the global PCB (Printed circuit board) industry enters a new growth cycle, Zhejiang Lingchao Electronic Technology Co., LTD (Lingchao Electronics), a professional circuit board R&D and production manufacturer, actively adjusts product layout and strengthens technological innovation to seize market opportunities brought by industry recovery.
According to circuit layer classification, Printed circuit board includes Single sided electronic circuit board, Double sided electronic circuit board and Multi-layer electronic circuit board. Single sided electronic circuit board, the most basic Electronic board, is used in ordinary household appliances and remote controls; Double sided electronic circuit board is applied in consumer electronics, automotive electronics and industrial control; Multi-layer electronic circuit board (4-6 layers, 8-16 layers, 18+ layers) is suitable for complex scenarios, with high-layer boards used in communication equipment, high-end servers and military fields.
Affected by destocking and interest rate hikes, global PCB output value dropped 15% year-on-year to $69.517 billion in 2023 (Prismark data). With inventory adjustment and AI development, the industry will grow 5% year-on-year in 2024. Long-term outlook: 2028 global output value is expected to reach $90.413 billion, with a 5.4% CAGR from 2023 to 2028.
China’s PCB industry develops steadily: 2023 mainland output value was $37.794 billion, accounting for over 50% of the global market. The upgrading and demand recovery of general servers further increase the demand for Multi-layer electronic circuit board.
The global server market is recovering. 2022 shipments reached 14.17 million units (up 4.7% YoY), while 2023 dropped 6.0% to 13.32 million units. Trendforce predicts 2.05% YoY growth in 2024. Indicators like Aspeed Technology’s revenue and Inventec’s statement confirm the recovery, driving demand for Multi-layer electronic circuit board.
Adhering to "technology first, quality-oriented", Lingchao Electronics has a complete product line covering all three types of PCB. It focuses on high-layer Multi-layer electronic circuit board R&D to meet high-end demand, and will optimize product structure to achieve better development in the new growth cycle.
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