North American PCB Industry Sales Up 6.3 Percent in June

IPC Releases PCB Industry Results for June 2021

IPC announced today the June 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.15.

Total North American PCB shipments in June 2021 were up 6.3 percent compared to the same month last year. Compared to the preceding month, June shipments grew 17.3 percent.

PCB bookings in June rose 19.4 percent year-over-year. Bookings in June increased 28.9 percent from the previous month.

“We saw strong PCB orders in June, outstripping any month since early 2006. The electronics supply remains constrained and companies continue to look for any available capacity,” said Shawn DuBravac, IPC’s chief economist. “Shipments also picked up strongly during the month, suggesting some disruptions are starting to improve and companies are increasingly able to fulfill incoming orders.”

June 2021 PCB book to bill chart 1
June 2021 PCB Book to Bill chart 2

View graphs in pdf format

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.

More than 6 Dozen Standards Development Committees to Meet at IPC SummerCom 2021

Hundreds of IPC standards development committee members will converge upon the Milwaukee Center in downtown Milwaukee, Wis., August 28-September 2, 2021 for IPC SummerCom. These standards development meetings mark the first time committee members have met face to face since February 2020.

Standards development committee members will meet to discuss a range of topics including assembly and joining, base materials, cleaning and coating, embedded devices, environment, health and safety, printed board design technology, printed electronics, product reliability, testing, wearable electronics/e-textiles, and more.

“Electronics industry professionals are an integral part of the IPC standards development process and we rely on their experience and expertise to develop IPC standards that help ensure superior quality, reliability and consistency in electronics manufacturing,” said David Bergman, IPC vice president of standards and technology. “Newcomers and industry veterans are welcome to attend SummerCom 2021. Though we’re dealing with travel bans, it’s important to keep standards development activities going and we’re looking forward to seeing as many committee members as we can in person!"

The registration fee, $130 for IPC members and $165 for nonmembers includes standards development committee meetings and an awards luncheon on Monday, August 30. For additional information or to register, visit www.ipc.org/event/ipc-summercom.

IPC National Hand Soldering Competitions Return to Europe

IPC’s national hand soldering competitions return to Europe this year with events scheduled in France, Estonia, and Germany.  Although the 2021 IPC Hand Soldering World Championship was canceled due to ongoing pandemic concerns, skilled competitors in Europe will participate in national competitions at scheduled live tradeshows.

Hand soldering competitions recognize the ability for highly skilled operators to build a functional electronics assembly within a specific time limit. Assemblies will be judged on soldering in accordance with IPC-A-610G Class 3 criteria, the speed at which the assembly was produced and overall electrical functionality of the assembly. Prizes will be awarded for the top three finishers.

         The three scheduled national hand soldering competitions are:

  • France – The 2021 IPC-HSC France National Competition will take place at Global Industrie 2021 in Lyon, September 6-9, in cooperation with IPC Licensed Training Center IFTEC. Prospective participants can download the registration form here.
  • Estonia – The 2021 IPC-HSC Estonia National Competition will take place at Instrutec 2021 in Tallinn, September 8-10, in cooperation with the Estonian Electronics Industries Association and Tallinn Polytechnic School. Prospective participants can download the registration form here
  • Germany – The 2021 IPC-HSC Germany National Competition will take place at productronica 2021 in Munich from November 16-19. Registration will open soon.

Participation in IPC hand soldering competitions is free. Companies are asked to present a team (three competitors max.) to one of the above-listed competitions. To take part individually, contact Philippe Leonard, IPC director of European operations at PhilippeLeonard@ipc.org.

Strict pandemic protocols will be in place throughout the competitions, with participants required to adhere to specific sanitary protocols, including cleaning and social distancing.

IPC extends its thanks to its hand soldering competition sponsors: Gold Sponsors Hakko and Thalès and Silver Sponsors Optilia, The Daylight Company, Almit, IFTEC, Société Française de Microscopie, Tallinna Polütehnikum and Polygone Cao. IPC is also grateful to its local partners, IPC training center IFTEC, the Estonian Electronics Industries Association, and Tallinn Polytechnic School for their support.

IPC Renews Partnership with Weiss Engineering to Support Growth in European Electronics Industry

IPC and Weiss Engineering have signed a cooperative agreement to deliver industry intelligence to the European electronics community, expanding on a partnership that began in 2020.

Philippe Leonard, senior director, IPC European operations stated, “Dieter Weiss is an incredible ambassador for the European EMS industry, and we look forward to working with him to help European manufacturers build electronics better.”

IPC will continue to focus on key European verticals like automotive, defense, industrial IOT, energy, and medical, and develop standards, create educational content, and champion advocacy to help members achieve operational excellence.

“in4ma’s [Weiss Engineering’s database] European EMS market statistics have become an important part of the strategic planning process for numerous companies in the European electronics manufacturing industry,” said Sanjay Huprikar, president of Europe and South Asia operations for IPC. “Our continued partnership with Dieter is expected to facilitate the creation of more innovative tools, studies, and analyses that can help our members better leverage their opportunities to greater financial success.”

Global Economic Recovery Accelerates

IPC’s June 2021 Economic Report

Global economic recovery is accelerating as vaccination rates increase and countries fully open their economies. We’ve raised our forecasts for growth for a number of countries including the United States, Europe, Mexico, Australia and Taiwan just to name a few. Some areas of the world continue to struggle, and we’ve lowered growth estimates for Japan, India, Indonesia and Turkey. Overall, we expect the global economy to expand 6.1 percent in 2021 and a further 4 percent in 2022.

In this month’s economic outlook report from IPC, you will find U.S. and European data on economic growth, employment, consumer sentiment, manufacturers’ sentiment (PMI), manufacturing capacity utilization and end markets for electronics.

READ JUNE REPORT

EMS North America Industry Report, May 2021

IPC releases EMS industry results for May 2021

IPC announced today the May 2021 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.55.

Total North American EMS shipments in May 2021 were up 1.9 percent compared to the same month last year. Compared to the preceding month, May shipments fell 3.9 percent.

EMS bookings in May rose 10.5 percent year-over-year and but decreased 19.2 percent from the previous month.

“The electronics manufacturing supply chain remains constrained. While we did see a stepdown in bookings in May, shipments have not been able to keep up with elevated order flow in recent months,” said Shawn DuBravac, IPC’s chief economist. “Shipments are likely 40 to 50 percent below where they should be given current order volume. I expect shipments will continue to lag bookings given ongoing supply constraints including higher prices and longer lead-times.”

May 2021 EMS book to bill chart

View chart in pdf format

Detailed Data Available

Companies that participate in IPC’s North American EMS Statistical Program have access to detailed findings on EMS sales growth by type of production and company size tier, order growth and backlogs by company size tier, vertical market growth, the EMS book-to-bill ratio, 3-month and 12-month sales outlooks, 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 EMS industry statistics are based on data provided by a representative sample of assembly equipment manufacturers selling in the USA and Canada. IPC publishes the EMS book-to-bill ratio by the end of each month.

North American PCB Industry Sales Up 9.1 Percent in May

IPC releases PCB industry results for May 2021

IPC announced today the May 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.11.

Total North American PCB shipments in May 2021 were up 9.1 percent compared to the same month last year. Compared to the preceding month, May shipments fell 0.2 percent.

PCB bookings in May rose 24.1 percent year-over-year. Bookings in May increased 12.8 percent from the previous month.

“The PCB industry enjoyed higher orders in May, while shipments were flat with the prior month. PCB shipments, like much of the electronics industry, are being impacted by higher raw material costs and longer lead times for some of these key materials,” said Shawn DuBravac, IPC’s chief economist. “The industry will continue to face these constraints in the coming months until markets regain equilibrium.”

May 2021 PCB book to bill chart 1
May 2021 PCB book to bill chart 2

View charts in pdf format

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.