Market News

BANNOCKBURN, IL - Electronics demand in March reached its highest level in nearly a year, with strong manufacturing activity and rising shipments, according to a survey IPC released today. Capacity utilization hit its highest point since late 2023, while hiring constraints eased to record levels. Material costs rose, however, reversing a multi-month decline, and firms remain cautious about labor costs.

The report, which was taken February 13 to 28, found that on average 29% of manufacturers’ supply chains are currently reliant on Chinese suppliers.

To counter tariffs, some 31% of manufacturers responding to the survey reported investing in automation, while 28% switched to non-tariffed suppliers. Additionally, 61% are considering renegotiating contracts to mitigate cost pressures.

Looking ahead over the next six months, electronics manufacturers expect labor and material costs to remain high, with European manufacturers anticipating a sharper decline in capacity utilization than their North American counterparts. Trade policies remain a top concern, with nearly half of respondents citing economic impact as a key issue.

BANNOCKBURN, IL - Electronics demand in March reached its highest level in nearly a year, with strong manufacturing activity and rising shipments, according to a survey IPC released today.

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PEACHTREE CITY, GA – PCEA Training is offering a five-day Certified Professional Circuit Designer (CPCD) training and certification class May 9, 16, 23, 30, and June 6 for printed circuit engineers, layout professionals, and other individuals currently serving in the design engineering industry or seeking to get into it.

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BANNOCKBURN, IL — The 90-day moving average shipments by North American electronics manufacturing services companies rose 1.7% in year-over-year in February and ticked up 0.2% over the previous month.

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BANNOCKBURN, IL — The 90-day moving average shipments among North American printed circuit board fabricators rose 11.3% in February from a year ago, according to new data from the IPC trade group.

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NEEDHAM, MA – Global shipments for AR/VR headsets grew 10% in 2024, according to new data from IDC. The launch of new products during the holiday quarter, as well as multiple new entrants, helped the market return to growth after two years of declines.

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