-
- News
- Books
Featured Books
- design007 Magazine
Latest Issues
Current IssueBreaking High-speed Material Constraints
Do you need specialty materials for your high-speed designs? Maybe not. Improvements in resins mean designers of high-speed boards can sometimes use traditional laminate systems. Learn more in this issue.
Level Up Your Design Skills
This month, our contributors discuss the PCB design classes available at IPC APEX EXPO 2024. As they explain, these courses cover everything from the basics of design through avoiding over-constraining high-speed boards, and so much more!
Opportunities and Challenges
In this issue, our expert contributors discuss the many opportunities and challenges in the PCB design community, and what can be done to grow the numbers of PCB designers—and design instructors.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - design007 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
Listen to I-Connect007’s Latest Podcast Episode: Empowering Electrical Engineers
05/23/2024 | I-Connect007I-Connect007 is thrilled to announce the release of the latest episode in Series 3 of its popular podcast, On the Line With... , available now on Apple and Spotify.
Peter Sarmanian Corporate Recognition Award: Summit Interconnect
05/23/2024 | I-Connect007 Editorial TeamCongratulations to Summit Interconnect for receiving the 2024 Peter Sarmanian Corporate Recognition Award. This award was named for a former IPC Board Chairman and recognizes an IPC-member company in the printed board industry (PCB) that has supported IPC through participation in technical and management programs while providing leadership for the industry.
Scalable ZLD and a Solution for PCB Start-ups
05/23/2024 | Alex Stepinski, Stepinski GroupAlex Stepinski talks about his business priorities for this year and what the market, particularly aerospace and defense, needs for orders to be filled. Learn about his goal to develop a central recycling system with a good ROI so that every shop will be able to afford it.
The Ever-expanding Horizons of PCB Manufacturing: Global Trends and Local Impacts
05/23/2024 | Lea Maurel, ICAPE GroupThe global printed circuit board industry is in an unprecedented transformation, driven by a confluence of technological advancements, shifting market dynamics, and geopolitical factors. As the demand for advanced electronics continues to soar, investment in the PCB sector is witnessing a remarkable uptick, with notable developments reshaping the landscape. Concurrently, the emergence of new local PCB shops, defense contracts bolstering supply chain resilience, growth projections across different regions in 2024, and the inflation outlook collectively delineate the evolving panorama of PCB manufacturing.
Solder Chemistry to Participate in the Fraunhofer Future Packaging Production Line at SMTconnect
05/22/2024 | Solder ChemistrySolder Chemistry, a trusted brand for over 30 years now powered by Indium Corporation, will feature its complete suite of services for PCBA as part of the prestigious Fraunhofer Future Packaging Production Line exhibition at SMTconnect, June 11-13, in Nuremberg, Germany.