Can you imagine an electronic product without PCB (Printed circuit board)?
No, the PCB is the base on which the electronic components are placed and are electrically connected through conducive copper paths, to form the required circuit.
PCB is an integral part of Consumer and Industrial electronics, IT, Gaming, Bio technology, Automotive electronics, Strategic electronics and Telecom industry. The growth of PCB manufacturing and designing is very much correlated to the growth in the above mentioned sectors. Well, the rapid growth in the electronics industry has boosted the growth of PCB market in last two decades. PCB market in India is growing at an impressive rate of around 17% CAGR for last 5 years. There exist great opportunities and good growth in this sector worldwide.
Let us see the different requirements for starting PCB designing and assembling business:
(1) The skills set required
The PCB designer must have the following requisites:
He should know the process involved in making actual printed circuit board:
(2) The requirements
(i) Machinery & Equipment
(3) The payback period
Payback is almost instant if you start only PCB designing, but it is around 2 years in case of PCB designing and assembling. Well, the payback period greatly depends on how capable you are in bringing and executing the orders.(4) Market researchThe electronics industry is very competitive and always changing for better. You have to figure out the electronic products which are in demand in the market, their pricing and the suppliers.
It is true that there is always a element of risk attached with any start up, here you can first start with PCB designing (as it requires less capital and man power) and then when your demand picks up, diversify or add PCB assembling in your line of business. This strategy will help in mitigating the risk attached, but at the same time will limit your profit, which otherwise could have been more if you started with both designing and assembling.