-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueAdditive Manufacturing
In this month’s issue, we explore additive manufacturing technology for the PCB fabricator: where it stands today, the true benefits, and where it seems to be headed.
The Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
IPC: Electronics Manufacturers Anticipate Revenue Growth Increase of 9.5% in 2024
February 7, 2024 | IPCEstimated reading time: Less than a minute
Electronics Industry sentiment improved during January, with electronics manufacturers, on average, stating that they expect 5.2 percent revenue growth for 2023, with an increase to 9.5 percent in 2024, according to IPC’s January 2024 Global Sentiment of the Electronics Supply Chain Report.
Labor and materials costs continue to rise, with 59 percent of electronics manufacturers experiencing a rise in labor costs while 45 percent report rising material costs.
“Industry insiders appear optimistic about 2024,” said Shawn DuBravac, IPC chief economist. “Demand sentiment rose in January, driven primarily by stronger shipment data.”
Additional survey data show:
- The New Order Index rose 1 point to 102.
- The Shipment Index rose 5 points to 110.
- The Backlog Index was flat at 94.
- The Capacity Utilization Index remained steady at 106 for the third consecutive month.
- Cost measures remain at an all-time low, remaining flat for the third consecutive month.
For the report, IPC surveyed hundreds of companies from around the world, including a wide range of company sizes representing the full electronics manufacturing value chain. View full report.
Suggested Items
eCADSTAR Sets New Standards for Compact PCB Design with Etched Inductor Parts
06/12/2024 | ZukenZuken announces the 2024 release of eCADSTAR, Zuken’s next-generation PCB design system for small and medium businesses. The new release includes a number of improvements ranging from enhanced design reuse, simplified revision tracking and more robust schematic design.
Gartner Forecasts MENA IT Spending to Grow 5% in 2024
06/12/2024 | Gartner, Inc.IT spending in the Middle East and North Africa (MENA) region is forecast to total $193.7 billion in 2024, an increase of 5.2% from 2023, according to the latest forecast by Gartner, Inc. The annual growth is down from 6.6% growth in 2023.
Amphenol Honors Mouser Electronics with Best Performance High Service Digital Award for 5th Time
06/11/2024 | BUSINESS WIREMouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, is pleased to announce that it has been honored with the 2023 Best Performance High Service Digital Award from its valued partner Amphenol Corporation, a global leader in the interconnect industry. With over 700,000 Amphenol parts available to order
An IPC ‘Blockbuster’: IPC-7711/21
06/11/2024 | Teresa Rowe, IPC Senior Director, Assembly and Standards TechnologyDan Foster, Missile Defense Agency, has been instrumental in developing IPC-7711/21, Rework, Modification and Repair of Electronics Assemblies, over several revisions of this important guideline document. We talked to Dan and committee member Agnieszka Ozarowski, BAE Systems, about the most recent revision.
Collaboration and Data Management the Focus of Latest Podcast From Cadence and I-Connect007
06/13/2024 | I-Connect007In “PCB 3.0: A New Design Methodology—Data Management,” product engineering expert Mark Hepburn joins the podcast to discuss the value of collaboration in the printed circuit board design and manufacturing cycle. Hepburn shares his views on how the latest data infrastructures are changing and enabling greater—and safer—data sharing.