IPC revealed today the June 2016 findings from its regular monthly North American Printed Circuit Board (PCB) Statistical Program. Compared to the same month in 2013, PCB Manufacturing sales growth was solid while orders were down, causing a decrease in the book-to-bill proportion to 0.98.
Overall North American PCB manufacturing shipments in June 2016 were 9.7% over the exact same month last year. Year-to-date growth is up 6.1% for the first six months of the year. As compared to the preceding month, June deliveries were up 18.9%.
On the other hand, PCB reservations in June reduced 9.7% year-on-year, bringing year-to-date reservations development 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 market was solid in June, while orders continued to decrease,” said Sharon Starr, IPC’s supervisor of market research. “The book-to-bill ratio has been trending downward given that April and the aberration between June’s sales and also order growth pressed the ratio listed below parity” she included, “signaling the likelihood of reducing sales development in the 3rd quarter.”
Comprehensive Data Available
The following version of IPC’s North American PCB Market Report, containing in-depth June data from IPC’s PCB Statistical Program, will certainly be offered within the next 2 weeks. The monthly record offers comprehensive searchings for on rigid PCB, rigid flex PCB and also flexible circuits sales and orders, consisting of different rigid as well as flex PCB book-to-bill proportions, military and clinical market development, demand for PCB prototypes, and also various other timely information. This report is offered complimentary to current individuals in IPC’s PCB Statistical Program and by subscription to others.
Interpreting the Data
The book-to-bill proportions are determined by dividing the worth of orders booked over the past five months by the value of sales announced throughout the same duration from business in IPC’s study sample. A proportion of more than 1.00 suggests that present demand is ahead of supply, which is a positive indicator available development over the following three to 6 months. A ratio of less than 1.00 suggests the reverse.
Year-on-year as well as year-to-date growth prices give one of the most purposeful sight of sector growth. Month-to-month contrasts ought to be made with caution as they reflect seasonal effects and temporary volatility. Because bookings tend to be much more unstable compared to deliveries, changes in the book-to-bill proportions from month to month may not be significant unless a fad of greater than 3 successive months appears. It is likewise crucial to consider modifications in both bookings and shipments to recognize just what is driving adjustments in the book-to-bill proportion.
IPC’s month-to-month PCB manufacturing sector data are based upon data offered by a representative example of both rigid PCB and also flex PCB manufacturers selling in the USA as well as Canada. IPC releases the PCB manufacturing book-to-bill proportion at the end of every month. Data for the existing month are usually offered in the recently of the following month.
About IPC
IPC is a global market organization based in Bannockburn, Ill., devoted to the affordable excellence and monetary success of its 3,700 participant firms which stand for all aspects of the electronic devices market, consisting of design, PCB manufacturing, electronics assembly and also test. As a member-driven company and also leading resource for market specifications, training, marketing research and public law advocacy, IPC supports programs to fulfill the needs of an estimated $2 trillion international electronics industry.