Latest news with #PCBA
Yahoo
26-06-2025
- Automotive
- Yahoo
Printed Circuit Board Assembly (PCBA) Market to Reach $147.5 Billion by 2035, Growing at a CAGR of 4.7% from 2025, Says Meticulous Research®
Market Growth Driven by Consumer Electronics Demand, Automotive Electronics Expansion, 5G Network Deployment, and IoT Device Proliferation REDDING, Calif., June 26, 2025 /PRNewswire/ -- According to a comprehensive market research report titled "Printed Circuit Board Assembly (PCBA) Market by Assembly Type (Surface Mount Technology, Through-Hole Technology, Mixed Technology), Component Type (Active, Passive, Electromagnetic), Application (Consumer Electronics, Automotive, Telecommunications, Medical Devices), End-User & Geography - Global Forecast to 2035", the Printed Circuit Board Assembly market is projected to reach $147.5 billion by 2035, up from an estimated $90.91 billion in 2025, growing at a steady CAGR of 4.7% during the forecast period. The robust growth of the PCBA market is driven by the unprecedented demand for consumer electronics and smart devices, rapid expansion of automotive electronics and electric vehicles, accelerating 5G network deployment, and growing adoption of IoT and connected devices across industries. The market's expansion is fueled by continuous miniaturization trends requiring advanced assembly technologies, rising demand for medical electronics and healthcare devices, and the integration of sophisticated electronic systems in industrial automation applications. The industry is experiencing significant transformation through automated assembly processes, sustainable manufacturing practices, and development of high-density interconnect solutions. Leading companies are embracing Industry 4.0 technologies while expanding into emerging applications including electric vehicle electronics, wearable devices, and AI/machine learning hardware platforms worldwide. For more comprehensive insights, download the FREE report sample: Revolutionary Market Transformation Through Advanced Assembly Technologies The printed circuit board assembly market represents a critical foundation of the global electronics ecosystem, enabling the functionality of virtually every electronic device from smartphones to automotive systems. As industries increasingly demand higher performance, greater miniaturization, and enhanced reliability, PCBA solutions offer sophisticated manufacturing capabilities that address the complex requirements of modern electronic designs. Market leaders are investing heavily in automated assembly equipment and precision manufacturing technologies, establishing production capabilities that can deliver high-density interconnect assemblies with superior quality and cost-effectiveness. This technological advancement is making advanced PCBA solutions increasingly accessible across diverse industry verticals while delivering enhanced performance and reliability benefits. Dynamic Growth Across Key Market Segments Based on assembly type, the Surface Mount Technology (SMT) segment dominates the market in 2025, capturing approximately 75% of the total PCBA market due to its superior component density, automated assembly compatibility, and cost-effectiveness for high-volume production. However, the Mixed Technology segment is experiencing the fastest growth, driven by increasing complexity of electronic designs requiring both SMT and through-hole components. Based on application, the Consumer Electronics segment leads with over 40% market share in 2025, reflecting the massive global consumer electronics market and continuous product innovation cycles. The Automotive segment is projected to record the highest CAGR of 7.2% during the forecast period, driven by rapid adoption of electric vehicles and increasing electronic content per vehicle. Based on end user, the Electronics Manufacturing Services (EMS) segment accounts for over 50% of the market in 2025, attributed to the outsourcing trend among electronics companies and specialized assembly capabilities of contract manufacturers. Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) - Strategic Market Opportunities and Innovation Drivers The market presents extraordinary growth opportunities through electric vehicle electronics expansion, industrial automation and Industry 4.0 applications, growing demand for wearable and flexible electronics, development of advanced packaging technologies, and rising adoption of AI and machine learning hardware. Companies are discovering new revenue streams through specialized assembly services and sustainable manufacturing practices while establishing comprehensive electronics manufacturing ecosystems. Key market drivers include: Consumer Electronics Revolution: Continuous evolution of smartphones, tablets, smart home devices, and wearable technology driving demand for sophisticated PCB assemblies Automotive Electronics Integration: Advanced driver assistance systems (ADAS), electric vehicle powertrains, and connected car features requiring high-reliability assembly solutions 5G Network Infrastructure: Accelerating deployment of 5G base stations, small cells, and network equipment requiring high-frequency, low-latency assembly solutions IoT Device Proliferation: Expanding Internet of Things applications across industrial, healthcare, and consumer sectors driving demand for compact, connected assemblies Medical Electronics Growth: Rising demand for healthcare devices, diagnostic equipment, and wearable medical devices requiring precision assembly capabilities Regional Market Leadership and Emerging Growth Asia-Pacific commands the largest market share in 2025, accounting for over 60% of the PCBA market, driven by established electronics manufacturing ecosystem, cost advantages, and presence of major contract manufacturers. The region is projected to grow at a strong CAGR of 5.1% during the forecast period, fueled by continued manufacturing capacity expansion and increasing domestic electronics demand. North America emerges as the second-largest market, propelled by strong demand for advanced electronics, presence of leading technology companies, growing automotive electronics sector, and increasing reshoring initiatives. The region's emphasis on high-technology applications contributes significantly to market growth. Europe represents a significant market driven by automotive electronics demand, industrial automation applications, stringent quality requirements, and growing focus on sustainable manufacturing practices. Request a customized research analysis tailored to your specific requirements: Dynamic Competitive Landscape Driving Innovation The global printed circuit board assembly market features a sophisticated competitive ecosystem comprising large contract manufacturers, specialized assembly service providers, and vertically integrated electronics companies. This diverse landscape fosters rapid technological advancement and comprehensive manufacturing capabilities. Industry leaders are implementing advanced manufacturing technologies, capacity expansion strategies, and automation initiatives while addressing quality, cost, and sustainability challenges across different geographic markets. Companies are pursuing strategic partnerships with OEMs and investing in Industry 4.0 implementation to strengthen their market positions. Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More) - Market Leaders Shaping Industry Future Key players driving the global printed circuit board assembly market include Hon Hai Precision Industry Co., Ltd., Flex Ltd., Jabil Inc., Sanmina Corporation, Celestica Inc., Benchmark Electronics, Inc., Plexus Corp., Kimball Electronics, Inc., Creation Technologies LP, Nortech Systems, Inc., Key Tronic Corporation, Universal Scientific Industrial Co., Ltd., Shenzhen Kaifa Technology Co., Ltd., Eurocircuits NV, Seeed Technology Co., Ltd., Vexos Corporation, Tempo Automation, Inc., PCBWay (Shenzhen Jialichuang Electronic Technology Co., Ltd.), and WellPCB Technology Co., Ltd. Latest Industry Developments Recent market developments reflecting industry evolution include: Automated Assembly Advancement: Leading manufacturers implementing AI-powered quality control systems and fully automated production lines for enhanced efficiency and precision Sustainability Initiatives: Industry-wide adoption of environmentally friendly materials, energy-efficient processes, and circular economy principles in PCBA manufacturing 5G Infrastructure Investment: Major expansion of production capabilities specifically designed for high-frequency, high-speed assembly requirements supporting 5G network equipment Electric Vehicle Electronics: Specialized assembly solutions development for automotive powertrains, battery management systems, and autonomous driving technologies Medical Device Innovation: Advanced assembly capabilities for implantable devices, diagnostic equipment, and telehealth solutions requiring stringent quality standards Market Challenges and Growth Restraints Despite strong growth prospects, the PCBA market faces several challenges including volatile raw material costs and supply chain disruptions, complex regulatory compliance requirements across different regions, increasing labor costs in traditional manufacturing hubs, and technical challenges in assembling high-density interconnect boards. These factors require strategic adaptation and continuous innovation from market participants. Related Reports: Cable Assembly Market: $299.2 Billion Opportunity by 2031 Semiconductor and Circuit Manufacturing Market Forecast: $1,056.7 Billion by 2031 Collaborative Manufacturing Solutions Market Analysis: $12.71 Billion Growth Through 2032 Electronic Design Automation Market Size, Share, Growth 2030 About Meticulous Research We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. To find out more, visit or follow us on LinkedIn Contact: Mr. Khushal BombeMeticulous Market Research Pvt. Ltd.1267 Willis St, Ste 200 Redding,California, 96001, +1-646-781-8004Europe: +44-203-868-8738APAC: +91 744-7780008Email- sales@ Visit Our Website: Connect with us on LinkedIn- Content Source: Logo: View original content: SOURCE Meticulous Market Research Pvt. Ltd. Sign in to access your portfolio
Hindustan Times
24-06-2025
- Business
- Hindustan Times
Assam gas leak: PCB serves show-cause notice to ONGC for unauthorised operations
Silchar: The Assam Pollution Control Board (PCBA) has issued a show-cause notice to Oil and Natural Gas Corporation (ONGC) for operating their activities in Sivasagar district without proper environmental clearances following the natural gas leak from ONGC's Rudrasagar oilfield that began on June 12. Nearly 350 families were shifted to other places after the natural gas leak from ONGC's Rudrasagar oilfield that began on June 12. Nearly 350 families were shifted to other places after authorities failed to control the situation after the gas leak, prompting chief minister Himanta Biswa Sarma to suggest the company seal the well permanently. A special team from the United States was called, and the team reached Assam last Friday. The ONGC authorities on Sunday informed them that the flow of the gas leak has been slowed down, and additional machines have been brought to seal the well permanently. PCBA on June 21 issued a notice accusing ONGC of operating Well No. 147 at Bhatiapar–Barichuk in the Rudrasagar oilfield without securing the mandatory Consent to Establish (CTE) and Consent to Operate (CTO) under multiple environmental legislations. According to PCBA, the ONGC has violated the Water (Prevention & Control of Pollution) Act, 1974, the Air (Prevention & Control of Pollution) Act, 1981, and the Hazardous and Other Wastes Rules, 2016. Calling it a serious breach, PCBA said, 'This notice reinforces the principle that no entity is exempt from environmental compliance, regardless of its size or status.' ONGC has been given 15 days to respond, failing which legal action, including penalties and Environmental Compensation Fines (ECFs) may be initiated under a 2019 National Green Tribunal order. According to PCBA, the ONGC authorities were advised to obtain the necessary environmental permissions in the past, but the instructions were allegedly ignored. PCBA said that the notice was issued after a recent inspection and during a visit, the special team found uncontrolled gas emissions from the well in Sivasagar, heightening concerns over environmental degradation and public health hazards. ONGC confirmed that gas pressure had significantly dropped and preparations had begun to seal the well. 'The noticeable reduction in gas pressure is a positive sign. Our teams, along with international experts, are now focused on the final capping operation,' ONGC said in a statement. Officials said that ONGC's Regional Crisis Management Team (RCMT) and the US experts are overseeing the operation round-the-clock and an extra-long boom crane was brought from Guwahati to remove tubings stacked on the rig, a crucial step in clearing the site for final sealing.
The Print
16-06-2025
- General
- The Print
ONGC well blowout: Gas leak continues for 5th day, ‘most experienced' team engaged
The blowout began on June 12 at Well No RDS 147 of Rig No SKP 135 of Rudrasagar oil field of ONGC at Barichuk of Bhatiapar. A private firm, SK Petro Services, was operating the well on behalf of the state-run Maharatna company. The district administration said that air pollution is still within the acceptable limit and the local office of Pollution Control Board, Assam (PCBA) is closely monitoring the situation. Sivasagar (Assam), Jun 16 (PTI) Energy major ONGC on Monday said it has deployed the 'most experienced' Crisis Management Team (CMT) to control the leakage of gas, which continued for the fifth day after a blowout at a crude oil well in Assam's Sivasagar district. 'ONGC has deployed its most experienced Crisis Management Team (CMT), a team with a proven track record in managing complex well control operations, to contain the gas leakage at Well RDS#147. The operation is being closely and continuously monitored by ONGC's top management,' the company said in a statement. Geological challenges are inherent to oil and gas operations and the premier energy company follows stringent safety protocols, it added. 'ONGC is making all out efforts to bring the gas leak under complete control at the earliest,' the company said. The company, in coordination with the district administration, undertook the safe evacuation of affected families and has been providing them with shelter, food, drinking water and other essential daily supplies. Because of the blowout, around 1,500 people have been affected and 70 families were shifted to a relief camp set up in nearby Bangaon, and all necessary arrangements are being made to ensure their welfare and well-being. 'To safeguard public health, ONGC has established free round-the-clock medical camps staffed with doctors and equipped with essential medicines, as part of its comprehensive emergency response,' the statement said. The company said that it is maintaining continuous communication with all stakeholders, including the district and police administrations, media and local community leaders, to ensure transparency and swift action. 'ONGC is grateful to the government, the local residents and the media for their continuous support and seeks further cooperation from all stakeholders till this situation is normalised,' it added. Meanwhile, the office of the Sivasagar District Commissioner in a Facebook post said that the local PCBA unit has established machines at the blowout site to study the air quality and oversee other pollution levels. 'According to the test reports by experts on the level of pollution in the atmosphere, the air pollution is still within tolerable limits,' it added. Measures have been taken to reduce the spread of compounds in the exhaust gas into the atmosphere by continuously pumping water at high pressure from the Dikhou river which flows near the rig. The well has not caught fire yet and no one is injured in the incident, while all emergency services have been pressed in the area, a company official said. An ONGC official had earlier said that it was an old crude well without production and a perforation job was going on for zone transfer at the time of the blowout. 'It is a kind of servicing of the well. The production was supposed to start from a new zone after the perforation job. At the time of the incident, the logging perforation operation was going on. Suddenly gas started coming out in an uncontrolled manner immediately after the perforation, leading to the blowout,' he had added. PTI TR NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
16-06-2025
- Business
- Time of India
ONGC well blowout: Gas leak continues for 5th day, 'most experienced' team engaged
Sivasagar: Energy major ONGC on Monday said it has deployed the "most experienced" Crisis Management Team (CMT) to control the leakage of gas, which continued for the fifth day after a blowout at a crude oil well in Assam's Sivasagar district. The district administration said that air pollution is still within the acceptable limit and the local office of Pollution Control Board, Assam (PCBA) is closely monitoring the situation. The blowout began on June 12 at Well No RDS 147 of Rig No SKP 135 of Rudrasagar oil field of ONGC at Barichuk of Bhatiapar. A private firm, SK Petro Services, was operating the well on behalf of the state-run Maharatna company. "ONGC has deployed its most experienced Crisis Management Team (CMT), a team with a proven track record in managing complex well control operations, to contain the gas leakage at Well RDS#147. The operation is being closely and continuously monitored by ONGC's top management," the company said in a statement. Geological challenges are inherent to oil and gas operations and the premier energy company follows stringent safety protocols, it added. "ONGC is making all out efforts to bring the gas leak under complete control at the earliest," the company said. The company, in coordination with the district administration, undertook the safe evacuation of affected families and has been providing them with shelter, food, drinking water and other essential daily supplies. Because of the blowout, around 1,500 people have been affected and 70 families were shifted to a relief camp set up in nearby Bangaon, and all necessary arrangements are being made to ensure their welfare and well-being. "To safeguard public health, ONGC has established free round-the-clock medical camps staffed with doctors and equipped with essential medicines, as part of its comprehensive emergency response," the statement said. The company said that it is maintaining continuous communication with all stakeholders, including the district and police administrations, media and local community leaders, to ensure transparency and swift action. "ONGC is grateful to the government, the local residents and the media for their continuous support and seeks further cooperation from all stakeholders till this situation is normalised," it added. Meanwhile, the office of the Sivasagar District Commissioner in a Facebook post said that the local PCBA unit has established machines at the blowout site to study the air quality and oversee other pollution levels. "According to the test reports by experts on the level of pollution in the atmosphere, the air pollution is still within tolerable limits," it added. Measures have been taken to reduce the spread of compounds in the exhaust gas into the atmosphere by continuously pumping water at high pressure from the Dikhou river which flows near the rig. The well has not caught fire yet and no one is injured in the incident, while all emergency services have been pressed in the area, a company official said. An ONGC official had earlier said that it was an old crude well without production and a perforation job was going on for zone transfer at the time of the blowout. "It is a kind of servicing of the well. The production was supposed to start from a new zone after the perforation job. At the time of the incident, the logging perforation operation was going on. Suddenly gas started coming out in an uncontrolled manner immediately after the perforation, leading to the blowout," he had added. PTI>
Business Recorder
03-06-2025
- Business
- Business Recorder
APTMA demands immediate removal of yarn, fabric from EFS
KARACHI: All Pakistan Textile Mills Association (APTMA) has urged the government to immediately remove yarn and fabric from the Export Facilitation Scheme (EFS), warning that their continued inclusion is jeopardising the domestic textile industry and distorting fair market competition. Addressing a press conference at APTMA House here on Tuesday, Kamran Arshad Chairman APTMA said that inclusion of Yarn and Fabric in the EFS has resulted in unfair market competition as the domestic industry products are paying 18 percent GST, while importers are enjoying tax-free and duty-free regime. He said that Pakistan Cotton Brokers Association (PCBA) and Pakistan Cotton Ginners Association (PCGA) and many other textile associations are supporting APTM's move. APTMA for removing yarn & fabric from ambit of EFS On the occasion, Naveed Ahmed, Chairman of APTMA Southern Zone, Khawaja Muhammad Zubair, Chairman PCBA and Dr Jassu Mal PCGA, Yasin Siddik former chairman APTMA, Asif Inam and others were also present. 'FY25 budget removed sales tax exemption on local inputs under EFS; however, imports are sales tax-free and duty-free. This move is directly hurting the domestic industry', Kamran Arshad He mentioned that some 18 percent sales tax on local inputs is refundable, but refunds are delayed, incomplete, and costly to process, especially disadvantageous to SMEs. Due to this disparity, over 120 spinning mills and 800 ginning factories have already shut down; looms are also closing and loom workers are protesting on streets in Faisalabad. SMEs are specifically disadvantaged as they have fewer channels for import and pay sales taxes at every stage. In addition, only 60 to 70 percent of refunds are issued, while the rest are stuck in manual processing with no progress in the last 4-5 years, he added. 'Due to cheap import of yarn and fabric, exporters strongly prefer imported inputs, resulting in disadvantageous local suppliers.' There is a massive $1.5 billion increase in import of only cotton, yarn and greige cloth compared to export growth of $1.4 billion in FY25. The import of these items rose from $2.19 billion in FY24 to $3.64 billion in FY25, he mentioned. Chairman APTMA said that subjecting local supplies to 18 percent sales tax while bestowing zero rating on imports is an anti-Pakistan policy that is bleeding the economy within. He informed that APTMA has pushed as much as it can for restoration of the EFS to its June 2024 position with sales tax zero-rating on local supplies. 'We have held meetings with the Minister Finance, Chairman and Members FBR, IMF representatives; however, the IMF has not agreed to restoration.' He said a high-level committee was also formed led by Ahsan Iqbal, Minister for Planning Development & Special Initiatives of Pakistan for negotiation with IMF; however, the meeting could not hold. Copyright Business Recorder, 2025
