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BANNOCKBURN, IL – The world market for printed circuit boards reached an estimated $60.2 billion in 2014, up 0.7%, according to a new IPC report.

Production growth in China, Thailand and Vietnam compensated for declining PCB production in most other regions, the association said. China's production growth slowed, but Thailand and Vietnam had “spectacular” growth.

The data show the worldwide rigid PCB market grew modestly in 2014, while flexible PCBs were flat.

“PCB production is an international business, and the landscape continues to change,” says Sharon Starr, IPC director of market research. “Companies based in Taiwan, Japan and South Korea, are responsible for more than two-thirds of world PCB production. These and other companies around the world are powering the impressive growth of PCB production in southeast Asia.”

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