SMT, PCB Electronics Industry News
  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Sales and Orders Continue to Outpace 2018 IPC Releases PCB Industry Results for April 2019

North American PCB Sales and Orders Continue to Outpace 2018 IPC Releases PCB Industry Results for April 2019

Jun 02, 2019

IPC — Association Connecting Electronics Industries® announced today the April 2019 findings from its North American Printed Circuit Board (PCB) Statistical Program. Year-over-year growth in April was positive for sales and orders, and the book-to-bill ratio strengthened to 1.02.

Total North American PCB shipments in April 2019 were up 6.6 percent compared to the same month last year. Year-to-date sales growth as of April was 14.0 percent. Compared to the preceding month, April shipments decreased 23.1 percent.

PCB bookings in April increased 9.4 percent year-over-year, bringing year-to-date order growth up to 4.0 percent. Bookings in April were down 14.0 percent from the previous month.

“A return to solid year-over-year order growth for the North American PCB industry in April moved the book-to-bill ratio from parity (1.00) to 1.02,” said Sharon Starr, IPC’s director of market research. “The ratio has been at or above parity for the last 28 months, which is an unusually long stretch for this leading indicator. Recent ratios indicate continued but slower growth in the coming months.” She added, “April’s negative month-to-month growth rates are not a cause for concern, as they reflect normal seasonal patterns.”

Detailed Data Available

The second-quarter 2019 edition of IPC’s North American PCB Market Report, containing detailed data from IPC’s PCB Statistical Program, will be published by mid-August. The quarterly report presents detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, growth trends by product types and company size tiers, demand for prototypes, sales growth to military and medical markets, and other timely data. This report is available free to current participants in IPC’s PCB Statistical Program and by subscription to others. PCB companies that are IPC members doing business in North America are invited to contact marketresearch@ipc.org for information about participating. 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 twelve 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 normally 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 5,300-member company sites 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; Brussels, Belgium; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.
 

Jun 09, 2019 -

New U.S. Tariffs on Mexican Imports Would Harm U.S. Electronics Companies and Their Customers

Jun 02, 2019 -

New U.S. Tariffs on Mexican Imports Would Harm U.S. Electronics Companies and Their Customers

Jun 02, 2019 -

MarVac Assemblies Earns IPC Qualified Manufacturers Listing (QML)

May 27, 2019 -

Tempo Automation Earns IPC Qualified Manufacturers Listing (QML)

May 27, 2019 -

Electronics Industry Endorses US-Mexico-Canada Pact; Leaders Call on U.S. Government to Promote Pro-Manufacturing Policies

May 15, 2019 -

IPC Welcomes New Senior Director of Sales

May 05, 2019 -

IPC and ITI to Host Conference on Critical and Emerging Environmental Product Requirements

Apr 30, 2019 -

North American PCB Sales Growth Stays Strong, Order Growth Slows

Apr 24, 2019 -

IPC-4101 Now Includes Validation Services Qualified Products List Requirements for Materials Specification Sheets

Apr 24, 2019 -

IPC Assembly Quality Benchmark Survey Open to Participants Worldwide

1012 more news from Association Connecting Electronics Industries (IPC) »

Jun 19, 2019 -

Saelig Introduces the PCBite System For Precise PCB Probing

Jun 16, 2019 -

Kris Roberson Joins STI Electronics as Master Instructor

Jun 16, 2019 -

PVA Publishes “Meter-Mix Dispensing Basics” White Paper

Jun 16, 2019 -

Super PCB Offers HDI PCBs

Jun 16, 2019 -

CyberOptics to Present ‘High Precision Sensing Technology for Semiconductor Inspection and Measurement’ at SEMICON West

Jun 16, 2019 -

Murray Percival Company Offers Hanwha SM485: The All-in-One Solution

Jun 16, 2019 -

Do Solder Voids Matter - Defect of the Month

Jun 15, 2019 -

Engineered Material Systems Introduces Durable Printed Electronics with SMT

Jun 13, 2019 -

The prerequisites for tomorrow's technologies

Jun 11, 2019 -

CyberOptics to Launch New AVLS3 with CyberSpectrum™ Software and New NanoResolution MRS Sensor at SEMICON West

See electronics manufacturing industry news »

North American PCB Sales and Orders Continue to Outpace 2018 IPC Releases PCB Industry Results for April 2019 news release has been viewed 40 times

  • SMTnet
  • »
  • Industry News
  • »
  • North American PCB Sales and Orders Continue to Outpace 2018 IPC Releases PCB Industry Results for April 2019
Facility Closure

Capillary Underfill process