50 SMT Magazine • December 2016
China's Semiconductor Sector to Undergo
Rapid Consolidation in 2017
Numerous major participants in the global semi-
conductor sector are engaging in deal-making to
make themselves larger and more competitive.
In China, consolidation will take place within the
three broad sections of the semiconductor sector,
namely foundry, IC testing/packaging and fabless
design, according to TrendForce.
Europe to Surpass North America in
IoT Sensors Market
The global IoT sensors market was valued at $6 bil-
lion in 2015 and is poised to rise to $34.75 bil-
lion by 2023, expanding at a tremendous CAGR of
24.5% from 2016 to 2023. Geographically, North
America will continue to dominate the market by
revenue until 2020, but Europe is expected to over-
take the US by 2021.
Automotive Systems Forecast to Show
Strongest Growth Through 2020
The market for automotive electronic systems is
expected to display the strongest cumulative av-
erage growth rate through 2020, at 4.9%, highest
among the six main electronic system categories,
according to IC Insights.
Enterprise Wearables Find First Inflection
in Industrial and Field Service Markets
The warehouse and manufacturing vertical, along
with field services, represent one quarter of the
wearable devices shipped to enterprise end users
in 2016. ABI Research forecasts shipments to these
segments will more than triple to top 35 million
units in 2021.
Average PC DRAM Contract Price Jumped
Over 20% Sequentially in October
The average contract price of 4GB PC DRAM mod-
ules increased over 20% between September and
October from $14.50 to $17.50 as DRAM suppli-
ers completed their fourth-quarter contract nego-
tiations with first-tier PC-OEMs, according to DRA-
MeXchange.
Demand for Alternative Fuel in
Automotive Sector to Stir Growth of
Lithium-ion Battery Market
Transparency Market Research projects the global
lithium-ion battery market to reach $77.42 billion
in 2024 from $29.68 billion in 2015.
3D Printing of Electronic Devices to
Generate Over $420M in 2022
3D printing in the electronics industry is forecast
to generate $428 million in revenues by 2022, and
go on to achieve $2.8 billion in revenues by 2025,
according to a new report by SmarTech Publish-
ing.
Asia Pacific to Dominate Uptake of Smart
Manufacturing Technologies and Systems
The global smart manufacturing market is expect-
ed to be worth $548.14 billion by 2024 as com-
pared to $159.05 billion in 2015, according to
Transparency Market Research. The Asia Pacific re-
gion will show a significant CAGR of 13.6% during
the same period, driven by the growing awareness
of better manufacturing technologies and grow-
ing investments in manufacturing activities.
Power IC Sector Stood Out in an
Overall Declining Power Semiconductor
Market in 2015
According to a new forecast report from IHS
Markit, while power discretes and modules prod-
ucts both declined about 10% in 2015 compared
to 2014, the power semiconductor sector signif-
icantly under-performed in comparison to the
overall semiconductor market.
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