Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

Global Printed Circuit Boards Market Data 2015

Electronics.ca Publications unearths interesting findings that may reveal golden opportunities for electronics manufacturers. Here are some of the latest discoveries of interest to PCB fabricators:

According to “Monthly IPC North American PCB Market Report” Flexible circuit orders in North America are booming this year and the forecast for the next year is for double-digit sales growth. The North American flex market has grown over the past 3 years while the rigid PCB market has shrunk. Globally, the flex market is now estimated at over $10.2 billion. Yet, U.S. production accounts for only 3.4 percent of the world’s flexible circuits.

The monthly North American PCB Market Report provides timely data on PCB market size, sales and order growth, book-to-bill ratios and near-term forecasts. Data are reported for rigid PCBs and flexible circuits separately. The rigid PCB data are further segmented by company size tiers, and flex data includes trends in bare circuit versus assembly revenue sources. Trends in sales of boards to the military and medical markets are reported for both rigid and flex, as well as trends in prototype sales.

According to Global and China FPCB (Flexible Printed Circuit Board) Industry Report, 2014 was a bumper year for most FPCB companies, and the output value of the entire PCB industry reached USD12.5 billion, rising by 10.5% from the previous year. In 2015, the prices of bulk commodities (particularly the copper price) plummet, which will greatly reduce the raw material costs of PCB companies and help raise their profitability. Larger screen size of mobile phone requires larger FPCB. The FPCB market is expected to grow 8.6% in 2015 as the smartphone market can not continue its rapid growth and the tablet PC is in recession.

In 2014, the euro, the NTD and the yen significantly devalued, while the South Korean won appreciated, which not only hit a serious blow to the competitiveness of South Korean FPCB enterprises, but minified the profit of South Korean PCB enterprises. The revenue and profit margin of all South Korean PCB companies declined, for example, Flexcom’s revenue slumped by more than 50%, the giant Interflex’s revenue dropped 33% and its operating margin turned to be the negative 14.2%, which showed the power of the currency war.

Benefiting from the currency depreciation, Taiwanese and European companies witnessed soaring profit margins. More than half of Japanese companies did not benefit from the depreciation of the yen because they set up production bases overseas, but still better than South Korean companies.

In the downstream market, the biggest change in 2014 lied in: HDD saw the first growth after three consecutive years of decline. The global HDD shipment amounted to 564 million units, an increase of 2.4% from 2013. Previously, insiders were optimistic about the prospect of SSD instead of HDD; but actually, the SSD price remained high, the tablet PC market decayed, while the laptop computer market recovered to growth after three consecutive years of downturn. At the same time, the development of SSD did not restrict HDD; the new network economy and the big data era stimulated the demand for servers and HDD. HDD will still be the mainstream in the next three to five years, and the HDD shipment is expected to reach 621 million units in 2019. Japanese companies focusing on HDD-use FPCB performed exceedingly well in 2014, for example, the leader NOK (Mektron) achieved the revenue growth rate of 28% and the operating margin of 8.7% (rising from the negative 10.6%), Nitto’s revenue surged by 31%.

The competitiveness of South Korean and American companies weakened significantly. The strong USD made MFLEX’s revenue fall dramatically. The depreciation of NTD facilitated Taiwanese companies to grow by leaps and bounds; meanwhile, Apple greatly reduced orders from South Korean companies, while placed more orders with Japanese and Taiwanese companies in accordance with the principle of the nearest supply. The revenue of ZDT under Foxconn soared 60% in 2014.

 

Global Printed Circuit Boards Market Data 2015

The Global Flexible Printed Circuit Boards Market Valued USD11.321 Billion

According to the latest research report “Global and China FPCB Industry Report, 2013-2014“, the global Flexible Printed Circuit Boards market valued USD11.321 billion with the YoY growth rate of 9.4% in 2013, and will be worth USD12.008 billion in 2014 and USD12.686 billion in 2015.

Flexible Printed Circuit Boards are mainly used in display (LCD Panel and Touch screen), computing (HDD and ODD) and communication (mobile phones). In 2013, the FPCB applied to the computer field occupied 25%, of which 80% was dominated by Japanese companies; however, this market is gradually shrinking.

In the field of mobile phones and tablet PCs, only the vendors such as Samsung, Apple, LG, Sony, HTC and Nokia who have high quality requirements like to adopt FPCB, while other ones may replace FPCB with FFC or common connectors. The FPCB purchase amount of Samsung and Apple is equivalent to over 50% of the global FPCB market.

In 2013, the most significant change of the FPCB industry lied in the slumping profit margin of veterans and the soaring profit margin of new entrants. Veterans lagged behind new entrants in equipment and technical R & D strength. After a high starting point and early difficulties, new entrants witnessed a significant increase in profit margin. In addition, the production bases of veterans were mostly located in Mainland China, where RMB appreciation and rising labor costs led to the substantial fall of profits.

The world’s largest FPCB company Mektron suffered its first loss since the establishment, because of three main reasons: First, HDD and ODD markets contracted; second, Mektron began to intervene in the price war; third, Mektron’s 45% output came from China where RMB appreciation and rising labor costs eroded profits. Mektron has increased the capacity in Taiwan, and Panasonic has also invested USD100 million in building a new FPCB base in Taiwan.

The gross margin of South Korea’s largest FPCB company Interflex fell by nearly 50% in 2013, and its operating margin plummeted from 6.2% to 1.2%. The only FPCB company in the United States —— MFLEX whose manufacturing bases were in Mainland China also faced loss for the first time. Fast-growing companies such as Flexcom and BHflex transferred their main production bases to Vietnam.

Hon Hai Group’s ZDT obtained more orders from Apple with the advantages of the parent company, so that its profit margin went up substantially. ZDT’s main base is located in Shenzhen, but it has also transferred part of its bases to low-cost regions: its second base settles down in Qinhuangdao, and the third base is in Huai’an.

Details of the new report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report: “Global and China Flexible Printed Circuit Boards Industry Report, 2013-2014“.

 

 

The Global Flexible Printed Circuit Boards Market Valued USD11.321 Billion