IPC’S REVISED 2013 PCB FORECAST LOWERED BUT STILL POSITIVE

IPC RELEASES PCB INDUSTRY RESULTS FOR JUNE 2013

BANNOCKBURN, Ill., USA, July 31, 2013 —  IPC — Association Connecting Electronics Industries® announced today the June findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Based on the market’s slow response to order growth this year, IPC has revised downward its 2013 PCB sales forecast.

June Results are Mixed

Total North American PCB shipments decreased 3.4 percent in June 2013 from June 2012, and bookings decreased 6.1 percent year over year. Year to date, PCB industry shipments were down 4.7 percent and bookings were down 1.3 percent. Compared to the previous month, PCB shipments in June were up by 12.0 percent, but bookings were down 3.6 percent. Shipments outpaced bookings in June for the first time in seven months, causing the PCB book-to-bill ratio to slip to 1.05, which is still a positive result.

Flexible circuit sales continued their year-on-year growth in June, but flex bookings growth remained below last year’s levels.  Rigid PCB sales and order both underperformed last year’s levels, but the negative margin has been improving in recent months.

“Until this June, monthly PCB orders outpaced sales every month since January, which has produced positive book-to-bill ratios for the past six months,” said Sharon Starr, IPC director of market research.  “A turnaround in sales growth this year still seems likely, but is not happening as quickly as the leading indicators suggested. Based on the market’s unusually slow response to order growth, and the industry slowdown worldwide, we are revising our outlook for 2013 North American PCB sales growth,” she explained. “We expect to see sales strengthening in the second half of this year, resulting in 2013 sales growth of less than 1 percent.”

Detailed Data Available

IPC’s revised 2013 forecasts for the North American PCB industry will be published this week in the August edition of IPC’s North American PCB Market Report. The monthly report includes more 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-subscriptions.

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.

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 may reflect cyclical 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 may not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in bookings and shipments to understand what is driving changes in the book-to-bill ratio.

The information in IPC’s monthly PCB industry statistics is 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 near the end of each month. Statistics for the current month are not available until the last week of the following month.

About IPC

IPC ( www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,300 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 $2.17 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Stockholm, Sweden; Moscow, Russia; Bangalore, India; Bangkok, Thailand; and Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China. 


Contact:

Sharon Starr,
IPC Director of Market Research
+1 847-597-2817
Email Contact




Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise