In recent years, China's printed circuit board assembly (PCBA) industry has experienced remarkable growth due to China's strong manufacturing infrastructure and skilled labor. According to the report released by research and market, the China PCBA market is expected to have a compound annual growth rate (CAGR) of 6.2% from 2020 to 2025.
One of the driving factors behind this growth is the increasing demand for electronic products in various industries, including automobiles, telecommunications and consumer electronics. In addition, China government's support for the development of semiconductor industry has also promoted the development of PCBA industry.
For example, the government's "Made in China 2025" initiative aims to improve the competitiveness of domestic manufacturers, including those in the PCBA industry. Another trend shaping China's PCBA industry is the increasing use of automation and robotics in the manufacturing process. This improves efficiency, reduces labor costs and helps manufacturers to remain competitive in the global market.
BQC's main business areas include renewable energy, medical equipment, industrial ventilation, intelligent robots, etc. We are adapting and innovating to maintain stronger competitiveness in a rapidly developing industry.