66 The PCB Magazine • October 2014
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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
