SMT, PCB Electronics Industry News
  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Industry Ends 2015 with 0.4 Percent Sales Growth

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 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 3,700 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.

Jun 20, 2017 -

Zentech Manufacturing, Inc. First to Recertify for IPC Qualified Manufacturers Listing

Jun 14, 2017 -

IPC Submits Comments to Trump Administration Regarding Modernization of NAFTA

Jun 07, 2017 -

IPC Hand Soldering Competition Winner Crowned at SMT Hybrid Packaging 2017

Jun 01, 2017 -

North American PCB Order Growth Pushes Book-to-Bill Ratio Higher

May 16, 2017 -

IPC Report Details How PCB Manufacturers Meet Current and Future Technology Demands

May 15, 2017 -

Taiwan Union Technology Corporation Receives the First IPC-4101 Qualified Products Listing Certification

May 15, 2017 -

IPC to Host Fourth Annual Reliability Forum in Germany

May 04, 2017 -

Electronics Industry Leaders Meet with Members of Congress and Leaders of Trump Administration Executives urge policymakers to support pro-manufacturing policies

May 04, 2017 -

IPC Welcomes New Senior Director of Learning and Professional Development

May 03, 2017 -

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

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

Jun 22, 2017 -

PNC Inc. Invests in LED Laser Direct Imaging system from Miva Technologies

Jun 22, 2017 -

Addressing The Modulation of Light Output -- High Quality LED Manufacturing

Jun 22, 2017 -

Schleuniger, Inc. Receives 2017 Best of Manchester Award

Jun 21, 2017 -

Inovar Inc. Breaks Ground for New Facility on USU Innovation Campus

Jun 21, 2017 -

PNC Inc. Launches Design Webinar Series

Jun 21, 2017 -

Saelig Introduces Mercury™ T2C USB 2.0 & Power Delivery Protocol Analyzer With Type-C Connection

Jun 20, 2017 -

Europlacer Secures Fourth Award from Industry Analysts Frost & Sullivan.

Jun 20, 2017 -

In Memory of Jim D. Raby, PE

Jun 20, 2017 -

Micro-Focused IR Thermal Testing with PDR's Focused IR

Jun 20, 2017 -

SCS to Present ‘Using Conformal Coatings to Mitigate System Failures’ during upcoming Webinar

See electronics manufacturing industry news »

North American PCB Industry Ends 2015 with 0.4 Percent Sales Growth news release has been viewed 492 times

  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Industry Ends 2015 with 0.4 Percent Sales Growth
SMT Replacement Nozzles

Precision Auger Dispense Pump