Moderate Production Growth Expected for North American PCB Industry through 2017
The estimated size of the North American printed circuit board (PCB) market declined in 2014 for the fourth consecutive year, driven by continued declines in rigid PCB sales, according to IPC’s “2015 Analysis and Forecast for the North American PCB Industry.” However, the signs are positive for 2015 and beyond.
Segmented market data reportedly shows that the flexible circuit segment of the market has grown steadily for the past three years. The military and aerospace market for PCBs in North America has overtaken the communications segment to become the largest vertical market for PCBs in the region. U.S. imports of PCBs held steady in 2014, while PCB exports increased. A slight decrease in on-shore PCB production was seen in 2014, but the forecast is for modest growth of domestic PCB production in 2015 through 2017.
For more information, visit www.ipc.org.