Japan's PCB industry has shrunk by almost 40% in two years
Recently, Japan Electronic Packaging and Circuit Association (JPCA) conference held. The association's role is to collect statistical data from Japanese manufacturers in the PCB industry and analyze industry market trends.
The Japanese PCB market shrank 0.7 percent in 2008 compared to 2007. In every corner of the world, business volumes have fallen dramatically, with the last quarter of 2008 reaching a record low and more than two-thirds of business disappearing in the last three months. In the first two months of 2009, the Japanese PCB market continued to decline, reaching a low point in late February and early March. In the second and third quarters, business volumes in Japan continued to pick up slightly. But the market got worse in the fourth quarter: the figures show a marked decline in November and December. With an annual turnover of 626.6 billion yen (65'fZ, USD) in 2009, this 30% negative growth is by far the worst championship record. Overall, the industry has shrunk by almost 40 per cent in two years.
In addition, data from the market research group include PCB growth rates from Japanese manufacturing companies. They expect 8% growth between 2010 and 2009. After our analysis of the current market situation, this figure looks a little conservative.
Industry figures released by the IPC show that PCB manufacturers in North America fared slightly better than those in Japan. On the other hand, results in Korea and Taiwan were better than expected, with major PCB-U manufacturers expressing optimism for 2010.