80 PCB007 MAGAZINE I JANUARY 2019
Test and Measurement Equipment Market
Worth $32.3 Billion by 2024
E
The overall test and measurement equipment
market is expected to grow from $25.7 billion
in 2018 to $32.3 billion by 2024, at a CAGR of
3.90% during the forecast period.
Artificial Intelligence Meets Materials
Science
E
A Texas A&M University College of Engineering
research team is harnessing the power of
machine learning, data science and the domain
knowledge of experts to autonomously discover
new materials.
Panasonic Utilizes 100% Renewable
Energy to Power the Consumer Electronics
Recycling Plant
E
Not only has Panasonic Group's consumer
electronics recycling plant, Panasonic Eco
Technology Center Co., Ltd. (PETEC) made
efforts over the years to reduce the energy
consumed, it has also implemented solutions to
create energy and to procure electricity created
by renewable energy.
European Spending on Digital Trans-
formation to Reach $256 Billion in 2018
E
DX spending is expected to steadily expand
throughout the 2017–2022 forecast period,
achieving a five-year compound annual growth
rate (CAGR) of
15.1%.
USMCA Will Strengthen Global
Semiconductor Supply Chain
E
The USMCA, if successfully ratified, will be the
first U.S. trade agreement to incorporate many
new and higher standard trade disciplines that
will strengthen the digital economy and the
global semiconductor supply chain.
India Smart Wearables Market Finishes
Strong with 102,000 Shipment Units in
2018 Q3
E
The overall India wearables market saw a
17% year-over-year (YoY) growth in the third
quarter of the year as vendors shipped a total
of 897,000 units in the country.
Stronger Public Private Partnership
Required to Drive Industry 4.0 in Malaysia
E
The recent budget focused on the Industry 4.0
blueprint, titled "Industry4WRD," which aims
to make Malaysia the prime destination for
high-tech industries in the region.
Worldwide Semiconductor Equipment
Billings Drop to $15.8 Billion in 3Q18
E
SEMI reported that third quarter 2018 worldwide
semiconductor manufacturing equipment
billings dropped 5% from the previous quarter
to $15.8 billion but are 11% higher than the
same quarter a year ago.
Southeast Asia Electronics Supply Chain
Set Sights Towards Smart Manufacturing
E
Southeast Asia is a region that is fast developing.
It has evolved from an agricultural society to
one of the fastest growing regions in the world
within the span of a century.
Semiconductor Equipment Sales to
Reach Record Growth of 9.7% to
$62B in 2018
E
Worldwide sales of new semiconductor
manufacturing equipment are projected
to increase 9.7% to $62.1 billion in 2018,
exceeding the historic high of $56.6 billion set
last year. The equipment market is expected to
contract 4.0% in 2019 but grow 20.7% to reach
$71.9 billion, an all-time high.
