IPC: Global PCB Market Down 2.7% in 2015
BANNOCKBURN, IL – The global printed circuit board market was $58.6 billion in 2015, says IPC, down 2.7% year-over-year.
Factoring out the effects of exchange rate fluctuations, the PCB growth was up 2% in real terms, but in the Americas, the PCB market declined 2.7%.
Asia now accounts for 91% of world PCB production.
The PCB market in 2016 is expected to continue experiencing slow growth in real
terms, says IPC.
“Generally slow growth in the worldwide electronics market is expected for the next few years, but some segments of the industry are outpacing others,” says Sharon Starr, IPC director of market research. “The markets for mobile devices and automotive electronics are seen as high-growth segments. These markets, along with the growing demand for interconnected devices and wearable electronics, are expected to keep the PCB industry growing faster than the economy.”
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