40 The PCB Magazine • January 2015
Global OE Market to Grow $75.82B
in Coming Years
The organic electronics market is expected to
grow from $16.45 billion in 2014 to $75.82 bil
-
lion by 2020 at a CAGR of 29%. This growth is
heralded by the growing display applications for
organic electronics market. The lighting applica-
tions for this market are also expected to grow
rapidly in the coming five years.
Top 20 Global Semiconductor Sales
Ranking for 2014
The top 20 worldwide semiconductor sales rank-
ing for 2014 includes eight suppliers headquar-
tered in the U.S., three in Japan, three in Europe,
three in Taiwan, two in South Korea, and one in
Singapore, a relatively broad representation of
geographic regions.
Smart Grid Infrastructure Gets
$13.6B Investment from SEA
"Smart grid investment over the next decade will
shift from North America and Europe to emerging
market regions," said Ben Gardner, president of
Northeast Group. "Southeast Asian countries are
just beginning on the path of modernizing their
electric infrastructure."
Industrial Internet Sensors to See
$20.1B in Revenue
In a newly released report from NanoMarkets,
the firm predicts the value of Internet-connected
sensors for industrial applications is expected to
grow to $20.1 billion by 2019. This report also
identifies and quantifies where the opportuni
-
ties are for makers of these sensors and provides
eight-year forecasts for a variety of industrial
sensors types.
Power Electronics Market Outlook
Shows 9.6% CAGR
The Global Power Electronics Market 2014–
2018 research report forecasts the industry to
grow at 9.6% CAGR during 2013–2018. The
global power electronics market can be seg
-
mented into five end-user segments: commer-
cial, industrial, consumer electronics, transpor-
tation, and others.
Wearable Technology to Continue
Evolution
New research shows that wearable technology will
evolve beyond its current ecosystem, which is very
dependent on smartphone integration. New busi
-
ness models will develop that place wearable tech
at the center of communications, applications, con-
tent, and commerce without the need for hand-
held devices of any type.
APAC to Retain Growth in
Nanotech-enabled Printing
BCC Research reveals the global market for nano-
technology-enabled printing technology is expect-
ed to grow at a projected CAGR of 17.7% over the
next five years to total $31.8 billion by 2018. The
Asia-Pacific region is the largest buyer of printing
technologies and will retain growth through the
forecast period with 17.3% CAGR and reach rev
-
enues of $20.2 billion.
Bluetooth Low Energy Dominates
Wearable Connectivity
"Wearables are about the quantified self, more
than likely, communicated via Bluetooth to a smart-
phone to view the results and then possibly from
there to a cloud-based service for aggregation and
further analysis," states Nick Spencer, senior prac-
tice director, Mobile Devices at ABI Research.
Critical Innovation Stage to Drive
Cloud Services Market
Public IT cloud services spending will reach $56.6
billion in 2014 and grow to more than $127 billion
in 2018, according to a new forecast from Inter
-
national Data Corporation (IDC). Among the fac-
tors driving public IT cloud services growth is the
adoption of "cloud first" strategies by both IT ven-
dors expanding their offerings and IT buyers imple-
menting new solutions.
3D Printing Materials Market to
Grow Significantl
The 3D printing materials market is expected to
grow significantly in the next few years, due to
high demand for 3D printing technology in various
industries such as electronics, consumer products,
automotive, aerospace, and medical.
40 The PCB Magazine • January 2015
Electronics Industry News
Market Highlights
