Global printed circuit board market reaches $60.2 million in 2014 amid slow growth
BANNOCKBURN, Ill., 30 Sept. 2015. The world market for printed circuit board technology was worth an estimated $60.2 billion in 2014, growing 0.7 percent, say market analysts at IPC - Association Connecting Electronics Industries in Bannockburn, Ill.
Production growth in China, Thailand and Vietnam last year compensated for declining circuit board production in most other regions, IPC analysts say in the organization's report World PCB Production Report for the Year 2014.
Worldwide rigid circuit board market grew modestly in 2014, while flexible circuit growth was flat. Growth slowed in China, yet circuit board production is growing spectacularly in Thailand and Vietnam, IPC analysts say.
"PCB production is an international business and the landscape continues to change," says Sharon Starr, IPC director of market research. "Companies based in Taiwan, Japan, and South Korea, are responsible for more than two-thirds of world circuit board production. These and other companies around the world are powering the impressive growth of circuit board production in southeast Asia."
The IPC's annual report indicates the volumes and types of circuit boards manufactured in the world's major producing countries. It contains estimates of 2014 circuit board production value by nine product categories and by 30 countries or sub-regions.
The report covers four categories of rigid circuit boards, three categories of flexible circuits, and integrated circuit substrates. The report segments standard multilayer rigid circuit board values by those with microvia structures and those with non-microvia structures.
The report also includes updates on metal-core circuit boards, as well as regional trends and historical data on regional shifts in circuit board production.
For more information contact the IPC online at www.ipc.org.