Report: Q1 N. American EMS Orders Up 1%
BANNOCKBURN, IL – First quarter orders at North American EMS companies were up 1% year-over-year, says IPC. Slower growth is expected for the industry through 2020, the trade group added.
For the year, 2018 orders grew 13.5% over 2017, according to a survey of firms by IPC.
First-quarter sales growth was strong for box build and other production, but modest for PCB assembly. Among the industry’s vertical markets, first-quarter sales to the military and aerospace market were up 25% year-to-date. Sales growth to the lighting and medical/instrumentation markets was also strong, says IPC.
Among the EMS companies in an IPC survey sample, wire harness and cable assemblies accounted for nearly 14% of the first quarter sales for companies with annual sales of less than $10 million. No revenue from this type of production was reported by the largest company size tier.
