Carrier tape market growth rate is affected, but the potential is huge

In recent years, China’s electronics industry continues to grow at a rapid pace, carrier tape has driven the strong development of the electronic components industry. Many categories of electronic components production has steadily ranked first in the world, electronic components industry occupies a very important position in the international market.

The development of the electronics industry has also driven the development of carrier tape

Various places have become the world production base of electronic components such as speakers, aluminum electrolytic capacitors, picture tubes, printed circuit boards, and semiconductor discrete devices. At the same time, the rapid development of the electronic information industry at home and abroad has brought a broad market application prospect to the upstream electronic components industry.

Carrier tape is an auxiliary product for the electronic packaging industry

Carrier tape is mainly used for the protective packaging of electronic components, integrated circuits and other devices. Carrier tape not only plays the role of packaging, but also can be used as a protective layer to prevent damage to electronic devices from physical and electrostatic discharge during transportation and storage. Classification by material. Carrier tapes on the market are mainly made of plastic or paper.

With the accelerated promotion and application of smart driving, smart home, smart medical, 5G and other fields, electronic components, integrated circuit-related industry chain continues to maintain a stable development trend, and the overall development of the electronic information industry is stable. However, in 2019 by the downstream of the industry chain to inventory and other factors, the carrier tape market has seen a decline in the state. 2020 external macro environment uncertainty increased sharply, international trade disputes with greater uncertainty, the current economic growth is facing serious challenges, the impact of the new coronavirus pneumonia epidemic, the risk of global economic uncertainty intensified, the growth rate of the carrier tape market is also expected to be less than ideal in 2020. However, as the impact of the new coronavirus pneumonia on the market gradually wanes, and the accelerated landing of products such as 5G, analysts at QVC expect that the subsequent carrier band market will be more expansive.