SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Association Connecting Electronics Industries (IPC)

North American PCB Industry Ends 2015 with 0.4 Percent Sales Growth

Feb 03, 2016

Trend in North American PCB Book-to-Bill Ratio

Trend in North American PCB Book-to-Bill Ratio

Growth Trends in Total PCB Sales and Orders in North America Year-on-Year Growth Rates.

Growth Trends in Total PCB Sales and Orders in North America Year-on-Year Growth Rates.

IPC Releases PCB Industry Results for December 2015.

IPC - Association Connecting Electronics Industries® announced today the December 2015 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Slow sales growth continued in December, bringing 2015 to a close at 0.4 percent growth over 2014. The book-to-bill ratio returned to parity at 1.00 in December.

Total North American PCB shipments increased 0.6 percent in December 2015 compared to December 2014. Year-to-date shipment growth remained at 0.4 percent. In December, year-to-date growth reflects the entire year of 2015 over 2014. Compared to the previous month, PCB shipments were up 6.7 percent. 

PCB bookings rose 1.5 percent compared to December 2014. Year-to-date order growth in December, which represents the entire year of 2015, was up 2.5 percent over 2014. Orders in December were 6.4 percent ahead of orders in the previous month.

Although North American PCB industry sales ended 2015 just slightly ahead of 2014, orders have grown a bit faster,” said Sharon Starr, IPC’s director of market research. “This, and the long run of positive book-to-bill ratios in 2015, falling below parity for just one month, indicate the likelihood of continued slow growth in 2016,” she added.

Detailed Data Available

The next edition of IPC’s North American PCB Market Report, containing detailed December data from IPC’s PCB Statistical Program, will be available the first week in February. 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

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 ( 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.

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

More News from Association Connecting Electronics Industries (IPC)

Oct 20, 2016 -

Session 4 of IPC & SMTA's Conference to Focus on Ultra-Thin or Nanocoatings

Oct 20, 2016 -

World PCB Production in 2015 Estimated at $58.6 Billion IPC World PCB Production Report Released

Oct 20, 2016 -

Mayim Bialik Chosen as Opening Keynote at IPC APEX EXPO 2017 Industry votes to hear from actress and neuroscientist

Oct 16, 2016 -

IPC Announces New ESD Control Certification Courses on IPC EDGE

Oct 13, 2016 -

IPC & SMTA’s High-Reliability Cleaning & Conformal Coating Conference’s Session 4 to Focus on Customer Cleaning Challenges/Needs

Oct 09, 2016 -

IPC Celebrates 5th Annual Manufacturing Day

Oct 06, 2016 -

Day 3 Keynote to Address Paths to Medical Device Cleanliness

Sep 29, 2016 -

Volunteers Honored for Contributions to IPC and the Electronics Industry Seventy-Five Awards Presented at Fall Standards Development Committee Meetings

Sep 29, 2016 -

IPC and SMTA to Present High-Reliability Cleaning and Conformal Coating Conference

Sep 29, 2016 -

Third Session of the High-Rel Cleaning & Conformal Coating Conference to Focus on Conformal Coating for Class 2 and 3 Electronic Assemblies

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

North American PCB Industry Ends 2015 with 0.4 Percent Sales Growth news release has been viewed 299 times

Reflow Oven

BGA Rework Services