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Shenzhen Tianweisheng Electronic Co., Ltd.
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Industry News
Being a professional PCB manufacturer in China, it is important to research and know the market trend. Recently, the Research and Markets has announced their latest research on the world PCB market in the next 5 years. Let's take a look.
According to this report, the global printed circuit board (PCB) industry is forecast to a growth of 8.1% during 2012-2017. The industry is fragmented in terms of revenue. By regional growth rates, Asia Pacific (APAC) is likely to be the leader of the industry over the next five years. Industry growth is anticipated to be driven by expanding demand for high-end products from consumers in India and China.
Several PCB manufacturing companies are moving to the APAC region to leverage the lower cost of production as this region has much lower labor costs than Europe and North America.
This report gives a brief overview of the industry challenges. The industry is under tremendous pressure to produce products having features of more compatibility and higher performance. PCB manufacturers are therefore challenged to design their products accordingly. Another challenge for the industry is the appreciation of the Chinese currency and the rising price of copper. Combination of factors such as global economic recession and fluctuation in the price of raw materials are affecting the industry.
In addition to these challenges, the study examines the industry's growth drivers. The growing demand for smartphones and touchscreen tablets are the major drivers of this industry. Another significant driver for this industry is the demand for products with features that are more advanced and that offer greater convenience. The frequent technological changes occurring in the electronic market, together with the demand for new products, are among additional industry drivers.
As one of the leading manufacturer, we enjoyed the high speed growth during the last five years.
In the new time, we will keep focus on the quality, flexible for different requests from customers. The most of our production are for 1-12 layers. In the near future, we will invest more on the technology, not only on the machine but also training our employee. Thus would make us a more competitive in the world market.
