SMT, PCB Electronics Industry News

North American PCB Industry Sales Up 2.3 Percent in September

Oct 28, 2021

IPC announced today the September 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.25.

Total North American PCB shipments in September 2021 were up 2.3 percent compared to the same month last year. Compared to the preceding month, September shipments grew 18.4 percent.

PCB year-to-date bookings in September were up 19.2 percent compared to last year. Bookings in September grew 4.7 percent from the previous month.

“The PCB sector saw strong shipment growth during September, a hopeful sign that production levels are improving after two months of lower-than-expected deliveries,” said Shawn DuBravac, IPC’s chief economist. “Order flow during the month suggests demand remain strong for electronics manufacturing capacity.”

Detailed Data Available

Companies that participate in IPC’s North American PCB Statistical Program have access to 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.

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 by the end of each month.


IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its nearly 3,000-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 Washington, D.C.; Atlanta, Ga.; Miami, Fla.; Brussels, Belgium; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.

Jan 14, 2022 -

Best Technical Papers at IPC APEX EXPO 2022 Selected

Jan 14, 2022 -

IPC's Wage Rate and Salary Survey for North American Electronics Assembly Companies Open Until January 28

Jan 03, 2022 -

Rising Material and Labor Costs Continue to Plague Global Electronics Manufacturing Supply Chain

Jan 03, 2022 -

Supply Chain Challenges Continue to Hamper Electronics Production

Jan 03, 2022 -

North American EMS Industry Up 2.5 Percent in November

Jan 03, 2022 -

North American PCB Industry Sales Up 5.4 Percent in November

Dec 13, 2021 -

EMS Leadership Summit at IPC APEX EXPO 2022 Brings Together Current and Future Industry Leaders

Dec 03, 2021 -

Current Conditions for the Electronics Supply Chain Remain Challenging

Nov 24, 2021 -

Winners of IPC Hand Soldering Competition at productronica in Munich, Germany Announced

Nov 24, 2021 -

North American EMS Industry Down 4.4 Percent in October

1239 more news from Association Connecting Electronics Industries (IPC) »

Jan 14, 2022 -

Award-Winning Murray Percival Co. to Represent Anda Technologies

Jan 14, 2022 -

Best Technical Papers at IPC APEX EXPO 2022 Selected

Jan 14, 2022 -

Southwest Systems Technology appoints new outside account manager for North Texas

Jan 14, 2022 -

SCS to Introduce Cutting-Edge Coating and Curing Technologies at APEX

Jan 14, 2022 -

IPC's Wage Rate and Salary Survey for North American Electronics Assembly Companies Open Until January 28

Jan 14, 2022 -

NexLogic Acquired by Naprotek, a Portfolio Company of Edgewater Capital Partners

Jan 11, 2022 -

KYZEN to Exhibit at IPC APEX EXPO 2022 with a New AQUANOX Product and Booth Activities

Jan 10, 2022 -

The electronics industry has a rising need for advanced systems development and packaging

Jan 10, 2022 -

HARMAN International selects Arch Systems to be part of their industry 4.0 initiative

Jan 10, 2022 -

Data I/O Announces Appointment of Dr. Cheemin Bo-Linn to Board of Directors

See electronics manufacturing industry news »

North American PCB Industry Sales Up 2.3 Percent in September news release has been viewed 136 times

Used Equipment Auction Complete N95 Mask Production Facility

fluid dispensing pumps for integration