SMT, PCB Electronics Industry News
  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Business Growth Sags in January but Indicators of Future Growth Remain Positive

North American PCB Business Growth Sags in January but Indicators of Future Growth Remain Positive

Mar 11, 2015

IPC Releases PCB Industry Results for January 2015

IPC - Association Connecting Electronics Industries® announced today the January findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Despite sluggish sales and orders in January, the positive book-to-bill ratios of the past four months indicate sales growth in the first half of 2015.

Total North American PCB shipments decreased 2.0 percent in January 2015 from January 2014. Compared to the previous month, PCB shipments were down 11.6 percent. PCB bookings decreased by 2.9 percent compared to January 2014. Orders declined 6.8 percent in January compared to the previous month. The North American PCB book-to-bill ratio decreased but remained positive at 1.01 in January.

January 2015 PCB business in North America was down slightly from January 2014, but the book-to-bill ratio and other leading indicators continue to offer hope of some renewed growth in 2015,” said Sharon Starr, IPC’s director of market research.

Detailed Data Available

The next edition of IPC’s North American PCB Market Report, containing detailed January data from IPC’s PCB Statistical Program, will be available the week of March 9, 2015. 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.


IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,500 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.

Oct 18, 2017 -

IPC Hand Soldering Competition Winner Crowned at IFTEC in Paris

Oct 17, 2017 -

PCB Prototype Sales Trends Often Diverge from PCB Market Trends According to New IPC Report

Oct 17, 2017 -

IPC APEX EXPO 2018 Educational Programs Highlight Technology’s Accelerating Speed of Change Registration Now Open, Show Floor More than 95% Sold

Oct 11, 2017 -

Nate Carson Joins IPC as New Director of Business Development

Oct 05, 2017 -

IPC Releases 2017 Quality Benchmark Study for Electronics Assembly

Sep 30, 2017 -

North American PCB Order Growth Boosts Book-to-Bill Ratio

Sep 28, 2017 -

IPC Hand Soldering Competition to “Heat Up” productronica 2017

Sep 27, 2017 -

IPC Welcomes Trump Administration’s Framework on U.S. Tax Code

Sep 20, 2017 -

New IPC Studies Show World PCB Market Up in 2016 as North American Market Shrinkage Slows World PCB Production and Annual North American PCB Industry Reports Released

Sep 19, 2017 -

IPC Invites Industry Leaders to Submit Poster Abstracts for IPC APEX EXPO 2018 in San Diego

858 more news from Association Connecting Electronics Industries (IPC) »

Oct 22, 2017 -

New Dry Film Negative Photoresist for MEMS and Wafer-Level Packaging

Oct 19, 2017 -

Juki Automation Systems Awards Quantum Systems ‘Representative of the Year –Best Performance’

Oct 19, 2017 -

Logic PD to Exhibit Medical Market Successes at MD&M Minneapolis 2017

Oct 18, 2017 -

Horizon Sales Earns Juki Sales Awards

Oct 18, 2017 -

MarTec Receives Outstanding Achievement Award from Juki Automation Systems

Oct 18, 2017 -

Engineered Material Systems Introduces New UV-Cured Adhesive for Bonding Lens Holders in Camera Modules

Oct 18, 2017 -

Keith Bryant to Present on Behalf of YXLON International at productronica

Oct 18, 2017 -

Metcal makes strategic move in industrial ingenuity – Learn more at productronica

Oct 18, 2017 -

Sono-Tek to Introduce New SelectaFlux-A System at productronica 2017

Oct 18, 2017 -

Aegis Software Brings “The Smarter Perspective” on Industry 4.0 MES Technology to Productronica

See electronics manufacturing industry news »

North American PCB Business Growth Sags in January but Indicators of Future Growth Remain Positive news release has been viewed 525 times

  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Business Growth Sags in January but Indicators of Future Growth Remain Positive
PCB equipment

SMT Services - STI Electronics