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PCB-Jan2015

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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

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