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
