38 SMT Magazine • March 2016
IoT chip market Worth $10.78B by 2022
The IoT chip market is expected to grow from
$4.58 billion in 2015 to $10.78 billion by 2022, at
a CAGr of 11.5% between 2016 and 2022.
Global 3D Printing market in healthcare
to Grow over $3.89B by 2022
The 3D printing market revenue in healthcare ap-
plication is expected to cross $3.89 billion mark by
2022, at an estimated CAGr of 21.9%, calculated
between 2016 and 2022.
Infrared Detector Industry: many
Innovations to Drive arrays costs Down
Driven by smart lighting, smart buildings, and mo-
bile devices, the infrared (Ir) detector market will
reach about $500 million by 2020.
Solar PV Installations revenue to Top
$1.2T from 2015 to 2024
According to a recent report from Navigant re-
search, global revenue from solar PV installations
is expected to total more than $1.2 trillion from
2015 to 2024.
TrendForce: PV Demand remains
Strong in 1Q16
The general outlook for the 2016 PV market has
become more certain as China, the United States
and the U.K. finalize their respective subsidy poli-
cies.
Global TV Panel Shipments reach
almost 270 million Units in 2015
Among the large-size lCD panel applications, the
TV market had the best shipment performance for
2015, growing by 8.9% year on year to 269.8 mil-
lion units in total.
Semiconductor acquisitions Surge
in china
In 2016, semiconductor equipment spending is ex-
pected to be $5.3 billion, 9% up from 2015 spend-
ing. Total spending on semiconductor materials in
China will be $6.2 billion, with China representing
the highest growth rate of all the regions tracked
by SEMI.
Worldwide Smartphone Shipments
Surpass 1.4 Billion in 2015
According to preliminary data from IDC's World-
wide Quarterly Mobile Phone Tracker, smartphone
vendors shipped a total of 399.5 million units dur-
ing the fourth quarter of 2015, up by 5.7% com-
pared to the same period in 2014.
Global Device Shipments to Grow
1.9% in 2016
Worldwide combined shipments of devices (PCs,
tablets, ultramobiles and mobile phones) are ex-
pected to reach 2.4 billion units in 2016, a 1.9%
increase from 2015, according to Gartner Inc.
Global NB Shipments Fell to 164.4m
Units in 2015
Worldwide notebook shipments for 2015 totaled
164.4 million units, representing a year-on-year
decline of 6.3%, according to TrendForce.
electronics industry news
Market highlights
