SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Association Connecting Electronics Industries (IPC)

WORLD PCB PRODUCTION IN 2014 ESTIMATED AT $60.2 BILLION IPC World PCB Production Report Released

Sep 30, 2015

The world market for printed circuit boards (PCBs) reached an estimated $60.2 billion in value in 2014, growing just 0.7 percent in real terms, according to IPC’s World PCB Production Report for the Year 2014. Production growth in China, Thailand and Vietnam compensated for declining PCB production in most other regions. Developed by a team of the world's leading PCB industry analysts, the annual study is the definitive source of PCB production data, indicating the volumes and types of PCBs being made in the world’s major producing countries.

The IPC report contains estimates of 2014 PCB production value by nine product categories and by 30 countries or sub-regions. Four categories of rigid PCBs, three categories of flexible circuits, and IC substrates are covered. The standard multilayer rigid PCB values are further segmented by those having microvia structures and those with non-microvia structures. The report also includes updates on metal-core PCBs, as well as regional trends and historical data on regional shifts in PCB production.

The data show that the worldwide rigid PCB market grew modestly in 2014, while flexible circuit growth was flat. Regional trends are also examined, including China's slowing production growth and the spectacular growth in the PCB industries of Thailand and Vietnam.

PCB production is an international business and the landscape continues to change,” says Sharon Starr, IPC director of market research. “Companies based in Taiwan, Japan and South Korea, are responsible for more than two-thirds of world PCB production. These and other companies around the world are powering the impressive growth of PCB production in southeast Asia.”

The team of industry analysts that produced the consensus estimates and contributed content for the report include: Dr. Hayao Nakahara, NTI; Michael Gasch, Data4PCB; Market Hutton, BPA Consulting; Francesca Stern, Francesca Stern Consulting; and Phil Plonski, Prismark Partners.

World PCB Production Report for the Year 2014 is available to IPC members for $475; the price for nonmembers is $950. For more information or to purchase the report, visit For information on IPC market research programs, visit or contact Sharon Starr, at +1 847-597-2817 or

IPC ( is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,700 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.; Atlanta, Ga.; Stockholm, Sweden; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.

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