Press Release Summary:
The IPC’s PCB world production report shows a growth of 13.9 percent in 2017. According to the report the PCB production in China continued to grow in 2017 with more than half of world production value. The U.S. PCB production grew an estimated 5.9 percent and 3.9 percent of world PCB production. This report is a definitive source of data on global PCB production that is developed by PCB industry analysts.
Original Press Release:
World PCB Production’s High Growth in 2017 Detailed in New IPC Report
BANNOCKBURN, Ill., USA, October 30, 2018 — IPC’s World PCB Production Report for the Year 2017, published last week, shows how the global PCB industry achieved an estimated 13.9 percent real growth in 2017 – the fastest growth since the recovery year of 2010 – and what the industry’s global footprint looks like today. The report provides current estimates of PCB production value by country, region and product category, with commentary about industry trends and historical data.
According to the report, China’s share of world PCB production continued to grow in 2017, accounting for more than half of world production value. Production in Taiwan and Japan declined as percentages of world production in 2017 due to continued off-shore investment. The greatest growth in the proportion of world PCB production in 2017 was seen in Vietnam and Thailand. Growth in Thailand’s industry, coupled with the continuing decline in the U.S. industry share, caused Thailand to move ahead of the United States and become the fifth-largest PCB-producing country in 2017.
Despite its declining share, the value of U.S. PCB production grew an estimated 5.9 percent in real terms in 2017. Although just 3.9 percent of world PCB production is done in the United States, U.S.-based companies own 6.5 percent of global production. Despite evidence of a small on-shoring trend, most large U.S. companies still produce a substantial share of their PCBs outside the United States.
The World PCB Production Report is IPC's longest-running annual study, now in its 40th year. It is a definitive source of data on global PCB production, developed by a team of leading PCB industry analysts.
IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 4,400 member-company sites which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Washington, D.C.; Atlanta, Ga.; Brussels, Belgium; Stockholm, Sweden; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.
Sandy Gentry, IPC Communications Director
+1 847-597-2871 or SandyGentry@ipc.org