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62 The PCB Magazine • July 2014 n e W S The Conference Board Sees Strong, Steady Job Growth the underlying hiring trend, especially in profes- sional services, is encouraging, with more good news expected through the summer and into the autumn months. More jobs means more pay checks, lifting sentiment and resulting in still more consumer buying. Industrial Robotics Market to See Steady 6.4% CAGR in the u.S. alone, the sale of industrial robotics for manufacturing use grew by 44% during 2011, indicating that the industrial robotics market is a correlant to the overall revitalization of the pro- duction base in the u.S. and an important com- ponent of the general economic performance of the country. Energy Capacity of Energy Storage Applications: CAGR of 71% according to a recent report from navigant re- search, the annual energy capacity of advanced batteries for utility-scale energy storage applica- tions will grow from 412 megawatt hours (MWh) in 2014 to more than 51,200 MWh in 2023, at a compound annual growth rate of 71%. Automotive Electronics Market at $77B by 2020 the automotive under-the-hood ecu electronics market is estimated to have been worth uS $44.8 billion in 2013 and is forecast to grow to uS $77 billion in 2020, a cagr of 8%. Semicast forecasts global light vehicle production volumes to grow over this period from 82 million to 106 million. however, more than 40% of the increase in global light vehicle production is forecast for china alone. Printing Technologies Extend to PE Components Printed electronics uses graphic arts techniques to print electronic and photonic devices such as screen printing or inkjet; by using conducting or dielectric inks, which results in the development of active or passive devices such as; resistors or thin film transistors (tFt). IoT Market to Reach $1,423 Billion by 2020 the value of internet of things (iot) market was worth $1029.5 Billion in 2013, and is expected to reach $1,423.09 billion by 2020, at an estimated cagr of 4.08% from 2014–2020. 3D Printing: The Making of a $7B Market the market has huge potential, but is still embry- onic in terms of development, with main players taking their first steps by 3d printing conductive and insulating materials into a single object. 3d printed electronics, including 3d printed transis- tors, will not be fully realised within 10 years, but some emerging medical applications will be com- mercialised well before 2025. Graphene Markets to Top $390 Million in 2024 new research by idtechex in the report "gra- phene Markets, technologies and opportunities 2014–2024" shows that graphene markets will grow from around $20 million in 2014 to more than $390 million in 2024, at the material level. Positive Outlook Develops for Global Economy Paul a. laudicina, founder of the Fdi confidence index, notes, "despite racking volatility and eco- nomic uncertainty on a global scale, the findings from the 2014 Fdici suggest that a corner is be- ing turned. corporations sitting on massive cash reserves are increasingly confident they can parlay these into productive investments with attractive returns." EMS Market Driven by Demand for Testing Services the testing services provided by eMS providers are dependent on the solutions required by oeMs and the vertical to which they cater. the outsourcing of testing services to eMS providers will increase due to innovation in consumer electronics prod- ucts. the market is driven by strong demand for such services from the telecommunication and consumer electronics industries. PCB007 Market News Highlights 62 The PCB Magazine • July 2014

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