Global PCB Connections: Rigid-flex and Flexible PCBs—The Backbone of Modern Electronics
Flexible Thinking: The Key to a Successful Flex Circuit Design Transfer
Happy’s Tech Talk #29: Bend-to-Install Semi-flex FR-4
The Resurgence of European PCB Manufacturing: A Strategic Advantage
February 20, 2025 | Jordan Labbe, ICAPE GroupEstimated reading time: 1 minute
The global electronics landscape is undergoing a significant transformation. Driven by a confluence of factors, including geopolitical instability, supply chain disruptions, and a growing emphasis on agility and localized production, a renewed focus on European PCB manufacturing is emerging. This resurgence is not merely a trend; it represents a strategic advantage for companies seeking to navigate the complexities of the modern electronics market with multiple sourcing options, outside of China. We are an example of this. With more than 80 factory partners in Asia and three owned factories in Europe and South Africa, ICAPE Group demonstrated the efficiency of this sourcing strategy.
The European PCB industry has undergone a significant shift in recent decades. The number of European manufacturers has dropped from 555 to around 180, with the top 20 players now holding a dominant 60% market share. While the overall market share has decreased—from 16% in 2000 to 2.3% in 2022, according to the EIPC (European Institute for Printed Circuits)—there is a clear trend toward consolidation.
Undeniably, Asian manufacturers currently hold a significant advantage in the global PCB market. Their competitive edge stems from a confluence of factors, including access to advanced technologies, highly competitive pricing, and the ability to deliver high-quality PCBs within shorter lead times. This combination has resulted in Asian manufacturers dominating global PCB production volumes. However, the COVID-19 pandemic served as a stark reminder of the vulnerabilities inherent in overly extended global supply chains. The heavy reliance on distant manufacturing hubs, primarily concentrated in Asia, proved problematic, leading to significant delays and disruptions. Moreover, rising transportation costs, import duties, and currency fluctuations eroded profit margins, adding further strain to an already challenging operating environment.
To continue reading this article, which originally published in the February 2025 SMT007 Magazine, click here.
Share on:
Suggested Items
I-Connect007’s Editor’s Choice: Five Must-Reads for the Week
07/04/2025 | Marcy LaRont, I-Connect007For our industry, we have seen several bullish market announcements over the past few weeks, including one this week by IDC on the massive growth in the global server market. We’re also closely watching global trade and nearshoring. One good example of successful nearshoring is Rehm Thermal Systems, which celebrates its 10th anniversary in Mexico and the official opening of its new building in Guadalajara.
China Plus One, Part 3: Inorsen Group, a Vietnam Success Story
07/03/2025 | Manfred Huschka, Manfred Huschka Management Consulting (Shenzhen) Ltd.In recent years, Western OEMs have continued to push for China Plus One factories and the advancement of China’s Belt and Road Initiative (BRI). At present, there are two main modes for PCB companies to go global: building greenfield factories or through mergers and acquisitions (M&A). Thailand is currently the primary geographic choice to build greenfield factories, whereas, increasingly, mergers and acquisitions in Vietnam and Malaysia provide opportunities for companies to expand markets and acquire resources.
The Global Electronics Association Releases IPC-8911: First-Ever Conductive Yarn Standard for E-Textile Application
07/02/2025 | Global Electronics AssociationThe Global Electronics Association announces the release of IPC-8911, Requirements for Conductive Yarns for E-Textiles Applications. This first-of-its-kind global standard establishes a clear framework for classifying, designating, and qualifying conductive yarns—helping to address longstanding challenges in supply chain communication, product testing, and material selection within the growing e-textiles industry.
The Global Electronics Association Launches Industry Leading Circularity Resource Hub, Fast-Tracking Cost-Reducing, Efficient Solutions for Manufacturers
07/01/2025 | Global Electronics AssociationToday, the Global Electronics Association – the voice of the electronics industry – launched its Circularity Resource Hub. The Hub provides a centralized home for the latest industry standards, best practices, and resources to accelerate electronics’ sustainable and circular evolution.
EU Defence Electronics Ecosystem Highlighted in Brussels
07/01/2025 | I-Connect007 Editorial TeamIn this interview, Alison James, senior director of Global Electronics Association—Europe (formerly IPC), discusses the European Defence & Security Summit in Brussels, June 9–13, as well as the first IPC–ASD Europe Defense Electronics Summit, June 10th, which brought together 70 leaders from across the electronics manufacturing supply chain. ASD is the Aerospace, Security and Defence Industries Association of Europe, and co-hosted both the larger and smaller events.