Printed circuit board production will drop 20% in '09
However, board manufacturing will resume growth in 2010 when PCB revenue will total $43 billion
By James Carbone -- Purchasing, 10/15/2009 2:00:00 AM
Printed circuit board (PCB) production will decline 20% to $40.5 billion in 2009 because of weaker demand for electronics equipment caused by the global economic downturn, according to a study by trade association IPC.
The world market for PCBs had reached $50.8 billion in 2008, up 1% over 2007. Growth in global board production will resume in 2010 when the market grows to $43.5 billion worldwide.
The value of North American board production is expected to end 2009 at about $3.49 billion, about 15% below 2008, when production totaled $4.1 billion. However, North American board production will climb again in 2010 as production value reaches $3.6 billion, says IPC.
See also: Printed circuit board prices to drop in second quarter
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