IPC Releases N.A. PCB Industry Results for April


Reading time ( words)

IPC — Association Connecting Electronics Industries announced today the April findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Sales and orders were both down slightly, compared to last year. The book-to-bill ratio remained positive but decreased to 1.02.

Total North American PCB shipments decreased 1.0 percent in April 2015 from April 2014, and year-to-date shipment growth remained at -1.3 percent. Compared to the previous month, PCB shipments were down 12.1 percent. 

PCB bookings decreased by 6.3 percent compared to April 2014, reducing the year-to-date order growth rate to -0.7 percent. Orders decreased 15.1 percent in April compared to the previous month.

“North American PCB sales continued slightly below last year’s level, and orders, which rallied in the fourth quarter of 2014 and remained strong in recent months, also fell below last year’s level in April,” said Sharon Starr, IPC’s director of market research. “This caused a reduction in the book-to-bill ratio for April, but it is still in positive territory, which is an indicator of probable sales growth later this year,” she added.

Detailed Data Available

The next edition of IPC’s North American PCB Market Report, containing detailed April data from IPC’s PCB Statistical Program, will be available within the next week. The monthly report presents detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, military and medical market growth, demand for prototypes, and other timely data. This report is available free to current participants in IPC’s PCB Statistical Program and by subscription to others. More information about this report can be found at www.ipc.org/market-research-reports.

Interpreting the Data

The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to six months. A ratio of less than 1.00 indicates the reverse.

Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.

IPC’s monthly PCB industry statistics are based on data provided by a representative sample of both rigid PCB and flexible circuit manufacturers selling in the USA and Canada. IPC publishes the PCB book-to-bill ratio at the end of each month. Statistics for the current month are available in the last week of the following month.

About IPC

IPC is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,600 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Washington, D.C.; Stockholm, Sweden; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.

Share

Print


Suggested Items

Smart Factories: More Than Robots

03/21/2019 | Nolan Johnson, I-Connect007
The acceptance of smart factories is a global movement across multiple industries. Even materials and chemistries are aligning with a move toward further automation, which allows equipment manufacturers to capture and store more data, and software layers to perform more detailed analysis, prediction, and optimization.

NCAB Group on Supply Chain Issues

03/15/2019 | Nolan Johnson, I-Connect007
In an interview with I-Connect007, Wayne Antal, a key account manager with NCAB Group, discusses supply chain issues, the effect he sees on PCB fabrication channels, and how his customers are adapting to the new business dynamics.

The Smart Factory IQ Test

03/13/2019 | Nolan Johnson, I-Connect007
Let's see how prepared you are to talk about Industry 4.0. The following 12-question test will measure how much you know about smart factory concepts and philosophies. Since the concept of a smart factory is larger than the electronics manufacturing industry and encompasses the entire supply chain, the terms and concepts here are also more global in nature.



Copyright © 2019 I-Connect007. All rights reserved.