SMT007 Magazine

SMT007-Oct2019

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66 SMT007 MAGAZINE I OCTOBER 2019 Installed Base of Aftermarket Car Telematics Devices to Reach 150M in 2023 E According to a new research report from the IoT analyst firm Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 20.6% from 58.7 million at the end of 2018 to 150.0 million at the end of 2023. IDTechEx Forecasts $6B Market for 3D-printed Medical Devices E IDTechEx reports that the market for 3D-printed medical devices and pharmaceuticals will be worth $6.1 billion by the year 2029. IDTechEx finds this to be a rapidly growing market with compound annual growth rates of up to 18% in certain sub-segments. Advanced Driver Assistance Systems Testing Equipment Market Report E The global sales of advanced driver assistance systems (ADAS) testing equipment accounted for the revenues worth ~$67 million in 2018 and is projected to witness strong growth at a CAGR of ~12% over the foreseeable period. Printed Electronics Market to Reach $21B by 2026 E Global printed electronics market size was val- ued at $6.86 billion in 2017 and is expected to reach $21.44 billion by 2026 to exhibit a CAGR of 15.31 % during the forecast period. The Top Trends of 2019: The Year of 5G, Autonomy, and the Edge E If 2018 was a stellar year for tech IPOs, 2019 promises to be spectacular. Backed by valua- tions in the $100-billion category, unicorn start- ups like Uber, Airbnb, Pinterest, and Lyft are gearing up to launch IPOs. Annual Decline for Feed-in Tariff Should Be Set at 4% to Meet 2025 PV Goals E According to the latest "Solar Powering Tai- wan: Special Report" by EnergyTrend, a divi- sion of TrendForce, Taiwan's PV installations made it past the 1GW mark for the first time in 2018, attracting many investors to set up PV power plants in Taiwan. AI Chip Market Worth $91B by 2025 at 45.2% CAGR E According to the report, the global AI chip mar- ket was pegged at $6.64 billion in 2018 and is projected to attain $91.18 billion by 2025, reg- istering a colossal CAGR of 45.2% during the forecast period. 3D-printed Wearable Market to Grow at a CAGR of 8% During 2019–2029 E The global 3D-printed wearables market, val- ued at approximately $3 billion in 2018, will maintain its steady course, according to a new study by Future Market Insights (FMI). Smart Home Integration to Drive Consumer Robot Shipments to $39M a Year by 2024 E While challenges remain, this smart home integration leads global tech market advisory firm, ABI Research, to forecast nearly 79 mil- lion homes around the world will have a robot in the house by 2024. Rising Demand for Effective Screening Diagnostics to Drive Molecular Diagnostics Market E Transparency Market Research (TMR) finds that the global Molecular Diagnostics Market is gain- ing traction on the back of rising geriatric pop- ulation, which is prone to the several diseases and demands for advanced patient care.

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