IPC revealed today the June 2016 findings from its regular monthly North American Printed Circuit Board (PCB) Statistical Program. Compared to the exact same month in 2013, PCB Manufacturing sales development was solid while orders were down, causing a decrease in the book-to-bill proportion to 0.98.
Overall North American PCB manufacturing deliveries in June 2016 were 9.7% above the same month in 2013. Year-to-date development is up 6.1% for the very first six months of the year. Compared with the coming before month, June shipments were up 18.9%.
On the other hand, PCB reservations in June lowered 9.7% year-on-year, bringing year-to-date bookings growth to a favorable 1.3%. Orders in June 2016 were up 18.2% from the previous month.
” Sales development in the North American PCB manufacturing sector was strong in June, while orders remained to decline,” said Sharon Starr, IPC’s director of marketing research. “The book-to-bill proportion has been trending downward because April as well as the divergence in between June’s sales and also order growth pressed the proportion listed below parity” she added, “signaling the possibility of slowing sales development in the third quarter.”
Detailed Data Available
The following version of IPC’s North American PCB Market Report, including thorough June information from IPC’s PCB Statistical Program, will be offered within the next 2 weeks. The month-to-month report offers comprehensive searchings for on rigid PCB, rigid flex PCB as well as flexible circuits sales and also orders, including separate rigid and also flex PCB book-to-bill ratios, armed forces and also clinical market growth, need for PCB prototypes, and also various other prompt data. This record is available totally free to present participants in IPC’s PCB Statistical Program and by registration to others.
Analyzing the Data
The book-to-bill proportions are calculated by splitting the worth of orders booked over the past 3 months by the value of sales announced throughout the very same period from business in IPC’s study sample. A ratio of greater than 1.00 suggests that current demand precedes supply, which is a favorable sign for sales development over the next 3 to six months. A proportion of less than 1.00 suggests the reverse.
Year-on-year and also year-to-date growth rates offer one of the most significant sight of sector growth. Month-to-month contrasts must be made with care as they reflect seasonal impacts and also short-term volatility. Because reservations have the tendency to be much more unpredictable compared to deliveries, adjustments in the book-to-bill ratios from month to month might not be significant unless a fad of more than five consecutive months appears. It is additionally essential to consider adjustments in both reservations and also deliveries to understand just what is driving modifications in the book-to-bill proportion.
IPC’s monthly PCB manufacturing sector data are based on information supplied by a representative sample of both rigid PCB as well as flex PCB manufacturers offering in the USA and Canada. IPC publishes the PCB manufacturing book-to-bill ratio at the end of each month. Stats for the existing month are normally available in the recently of the following month.
About IPC
IPC is a global industry association based in Bannockburn, Ill., dedicated to the affordable quality and economic success of its 3,700 participant companies which stand for all elements of the electronic devices industry, consisting of design, PCB manufacturing, electronic devices assembly and examination. As a member-driven organization and also leading source for market specifications, training, market research and public law advocacy, IPC supports programs to satisfy the requirements of an estimated $2 trillion international electronic devices market.