76 PCB007 MAGAZINE I FEBRUARY 2019
Indian PCB Market to Reach $5B by 2023 E
The PCB market in India was worth US$ 2.02
billion in 2017. PCBs are non-conductive, cop-
per-laminated boards that help to connect elec-
tronic and electrical components without the
use of wires.
North American PCB Sales and Orders
Decreased in November E
IPC—Association Connecting Electronics In-
dustries—announced today the November 2018
findings from its North American PCB statis-
tical program. Year-over-year sales and order
growth turned negative in November, and the
book-to-bill ratio declined to 1.01.
China Set to Impose Stricter Regulations
on PCB Industry E
China will implement a new set of strict regula-
tions on the operations of the PCB industry on
February 1, which may threaten the survival of
small- to medium-size makers.
VR's Consumer Market Success Spurs
Growth in Enterprise VR PoC Projects E
The consumer virtual reality (VR) market con-
tinues to dominate in terms of both shipments
and value chain revenue, and by 2023, the con-
sumer VR hardware market will reach $5 bil-
lion in revenues, according to a recent report
by ABI Research.
Worldwide Spending on IoT to Reach
$745B in 2019 E
Worldwide spending on the Internet of Things
(IoT) is forecast to reach $745 billion in 2019—
an increase of 15.4% over the $646 billion spent
in 2018, according to a new update to the In
-
ternational Data Corporation (IDC) Worldwide
Semiannual Internet of Things Spending Guide.
Single Axis Solar PV Tracker Market's
Increased Adoption of Microgrids
Drives Growth E
The global single-axis solar PV tracker mar-
ket research report by Technavio predicts the
market to post a CAGR of close to 28% during
the period 2019–2023. However, the growth
momentum of the market is expected to de-
celerate due to a decline in the year-over-year
growth.
Global 5G Equipment Market to Post
71% CAGR during 2019–2023 E
The global 5G equipment market is expected
to post a CAGR of close to 71% during the pe-
riod 2019–2023, according to the latest market
research report by Technavio.
Global PCB Market to Witness a CAGR of
4.2% during 2018-2024 E
The global PCB market was valued at $60.42
billion in 2017, and is expected to reach $80.38
billion by 2024 at a CAGR of 4.2%.
Smartphone Assembly Volumes
Down 4% in Q3 E
Worldwide smartphone ODM/EMS assembly
shipment volumes dropped 4.4% year over
year during the third quarter of 2018 due to
weakening channel demand.
Flash Memory Remains Primary Target
for Capex Spending E
Flash memory trailed the foundry segment in
capex in 2016, but took an extra-large jump in
2017—growing 92% to $27.6 billion—and in-
creased another 16% to $31.9 billion in 2018 as
manufacturers expanded and upgraded their
production lines for 3D NAND to meet grow-
ing demand.
