PCB007 Magazine

PCB007-Feb2019

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76 PCB007 MAGAZINE I FEBRUARY 2019 Indian PCB Market to Reach $5B by 2023 E The PCB market in India was worth US$ 2.02 billion in 2017. PCBs are non-conductive, cop- per-laminated boards that help to connect elec- tronic and electrical components without the use of wires. North American PCB Sales and Orders Decreased in November E IPC—Association Connecting Electronics In- dustries—announced today the November 2018 findings from its North American PCB statis- tical program. Year-over-year sales and order growth turned negative in November, and the book-to-bill ratio declined to 1.01. China Set to Impose Stricter Regulations on PCB Industry E China will implement a new set of strict regula- tions on the operations of the PCB industry on February 1, which may threaten the survival of small- to medium-size makers. VR's Consumer Market Success Spurs Growth in Enterprise VR PoC Projects E The consumer virtual reality (VR) market con- tinues to dominate in terms of both shipments and value chain revenue, and by 2023, the con- sumer VR hardware market will reach $5 bil- lion in revenues, according to a recent report by ABI Research. Worldwide Spending on IoT to Reach $745B in 2019 E Worldwide spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019— an increase of 15.4% over the $646 billion spent in 2018, according to a new update to the In - ternational Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide. Single Axis Solar PV Tracker Market's Increased Adoption of Microgrids Drives Growth E The global single-axis solar PV tracker mar- ket research report by Technavio predicts the market to post a CAGR of close to 28% during the period 2019–2023. However, the growth momentum of the market is expected to de- celerate due to a decline in the year-over-year growth. Global 5G Equipment Market to Post 71% CAGR during 2019–2023 E The global 5G equipment market is expected to post a CAGR of close to 71% during the pe- riod 2019–2023, according to the latest market research report by Technavio. Global PCB Market to Witness a CAGR of 4.2% during 2018-2024 E The global PCB market was valued at $60.42 billion in 2017, and is expected to reach $80.38 billion by 2024 at a CAGR of 4.2%. Smartphone Assembly Volumes Down 4% in Q3 E Worldwide smartphone ODM/EMS assembly shipment volumes dropped 4.4% year over year during the third quarter of 2018 due to weakening channel demand. Flash Memory Remains Primary Target for Capex Spending E Flash memory trailed the foundry segment in capex in 2016, but took an extra-large jump in 2017—growing 92% to $27.6 billion—and in- creased another 16% to $31.9 billion in 2018 as manufacturers expanded and upgraded their production lines for 3D NAND to meet grow- ing demand.

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