SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Association Connecting Electronics Industries (IPC)


Leading Indicators Offer Optimism for North American PCB Sales Despite Disappointing February

Apr 04, 2013

 While North American manufacturing begins another slow recovery and leading indicators point to modest business expansion in the coming months, the PCB industry has not yet felt the effects of this turnaround, according to the latest edition of IPC North American PCB Market Report. The report, published this week, shows what market segments underlie the disappointing 10 percent contraction in February PCB sales versus February of last year.

The flexible circuit segment was particularly hard hit in February after a strong start to the year in January. “Monthly data can be very volatile, especially in the flexible circuit segment of the PCB industry,” said IPC Market Research Director Sharon Starr. “Actual trends only emerge from several months of data.” Flexible circuit sales in North America strengthened in the second half of 2012 and the book-to-bill ratio for flexible circuits, while in negative territory, has steadily increased since October 2012.

Bookings increased slightly in the rigid PCB segment in February 2013, pushing the total PCB book-to-bill ratio up to 1.06. After a long, slow decline in 2012, the PCB book-to-bill ratio has been positive since January 2013. The ratio reflects the three-month rolling averages of orders over sales and is a three- to six-month leading indicator for sales growth.

The decline in PCB sales from January to February was a bit surprising in light of seasonal trends, but it reflects the negative book-to-bill ratios in the fourth quarter of 2012,” added Starr. “The ratio has been trending up for the past three months and is now in positive territory. This suggests that the PCB industry’s recovery is merely delayed and we hope to see some improvement in the coming months.”

The IPC North American PCB Market Report includes detailed monthly data for specific types of PCBs sold in North America as well as PCB sales trends in the military and medical markets. It is published monthly and is available by subscription.  More information is available at www.ipc.org/market-research-subscriptions.


IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,300 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 $2.17 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Stockholm, Sweden; Moscow, Russia; Bangalore, India; Bangkok, Thailand; and Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.

You must be a registered user to talk back to us.

More News from Association Connecting Electronics Industries (IPC)

Feb 16, 2017 -

Long-time IPC Volunteer, Doug Pauls Inducted into IPC Hall of Fame

Feb 16, 2017 -

IPC Elects New Board Member

Feb 07, 2017 -

Best Technical Paper at IPC APEX EXPO 2017 Selected

Feb 06, 2017 -

Pana-Pacific Earns IPC/WHMA-A-620 Qualified Manufacturers Listing

Feb 03, 2017 -

IPC Invites Member-Company Executives to Help Build “Pulse-of-the-Industry” Data Service

Feb 02, 2017 -

North American PCB Sales Enjoyed Solid Growth in December

Jan 29, 2017 -

IPC President and CEO John Mitchell to Serve on the NAM’s Council of Manufacturing Associations Board of Directors

Jan 21, 2017 -

IPC North American EMS and PCB Statistical Programs Open

Jan 17, 2017 -

Colonial Assembly and Design, LLC Earns IPC J-STD-001 and IPC-A-610 Qualified Manufacturers Listing

Dec 27, 2016 -

Newly Elected Congressman Discusses U.S. Policy Priorities with Bay Area Manufacturers

(802) more news from Association Connecting Electronics Industries (IPC)

Leading Indicators Offer Optimism for North American PCB Sales Despite Disappointing February news release has been viewed 435 times

Solder Paste Inspection