World PCB Production Struggled in 2014
The world market for printed circuit boards (PCBs) reached an estimated $60.2 billion in 2014, growing 0.7% in real terms, according to IPC’s “World PCB Production Report for the Year 2014.” Developed by a team of the world’s leading PCB industry analysts, the annual study provides PCB production data, indicating the volumes and types of PCBs being made in the world’s major producing countries.
The data show that the worldwide rigid PCB market grew modestly in 2014, while flexible circuit growth was flat. Production growth in China, Thailand and Vietnam compensated for declining PCB production in most other regions. Though growth slowed in China, there was spectacular growth in the PCB industries in Thailand and Vietnam.
“PCB production is an international business, and the landscape continues to change,” said Sharon Starr, director of market research. “Companies based in Taiwan, Japan and South Korea are responsible for more than two-thirds of world PCB production. These and other companies around the world are powering the impressive growth of PCB production in Southeast Asia.”
For more information, visit www.ipc.org.