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PCB-Oct2014

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66 The PCB Magazine • October 2014 n e w s LED Industrial Lighting Market: CAGR of 29.64% by 2018 according to the report, the need for energy-effi- cient lighting solutions is one of the key drivers in the market. increased concern over the depletion of non-renewable sources of power and the need to minimize power consumption are driving the demand for leds in industrial facilities. Report: Smart Glass and Flexible Display Industry the analysis shows that the total flexible display market is projected to reach the market revenue worth $3.89 billion by 2020. the value of smart glass market was worth $1581.4 million in 2013, and is expected to reach $5814 million by 2020, at an estimated Cagr of 20% from 2014–2020. Near-field Comms Market to Reach $20.01B by 2019 the global market for nfC, in terms of revenue, was valued at us $1.07 billion in 2012 and is es- timated to grow at a Cagr of 43.7% during the forecast period from 2013–2019. China Leads 2013 Smartphone Market; 700M Users with active smartphone users exceeding 700 million by the end of 2013, China has now be- come the largest smartphone market in the world. demand for smartphones in China is expected to cross 400 million units in 2014 with more than half of the units being contributed by local vendors. $8 Billion Market for Wearable Electronics by 2018 the global wearable electronics market is expect- ed to cross $8 billion in 2018, growing at a healthy Cagr of 17.7% from 2013 to 2018. European Semiconductor Sales Up 14.9% in July sales of semiconductors in July 2014 amounted to us $3.273 billion in europe, an increase of 14.9% compared to the same month in 2013, the euro- pean semiconductor industry association (esia) announced on the basis of the latest wsts sales reports. Homeland Security Market to Reach $364B in 2020 initiatives undertaken by various governments across the world are driving the market for home- land security products. some of these government initiatives include sisfron program undertaken by brazil, teCs mod program undertaken by the u.s., and Project Cytoon undertaken by south africa, among others. Facial Recognition Market to Reach $6.50B in 2018 the global facial recognition market is estimated to grow from $1.92 billion in 2013 to $6.50 billion in 2018. this represents a Cagr of 27.7% from 2013–2018. in the current scenario, government and utilities are expected to be the largest adaptor for face recognition technology. 27% of U.S. Households Use a Connected Health Device research from Parks associates shows more than 32 million u.s. consumers will actively track their personal health and fitness online or via mobile by 2016. if apple's watch incorporates breakthrough wellness and fitness tracking functions and sup- ports innovative partnerships with health industry incumbents, the market adoption could be much higher in the next few years. Solar PV Power in Japan; Market Outlook to 2025 the report provides an in-depth analysis on global renewable power market and global solar PV mar- ket with forecasts up to 2025. the report analyzes the power market scenario in Japan (includes con- ventional thermal, hydro, and renewable energy sources) and provides future outlook with fore- casts up to 2025. PCB007 Market News Highlights 66 The PCB Magazine • October 2014

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