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30 SMT Magazine • January 2015 Electronics Industry News Market Highlights Personal 3D Printing Markets to See Significant Growth The market for personal 3D printers looks vastly different than it did only a year ago. Market lead- ers have quickly expanded equipment offerings to fill out the entire market in an attempt to be every- thing to everyone. Rapid Growth Witnessed in Medical Electronics Market The medical electronics market is expected to grow at a rapid pace in most of the regions of the world due to growing income levels, and increas- ing prevalence of chronic and lifestyle disorders such as diabetes, hypertension, and cardiovascular diseases. Smartphone Growth to Slow as Prices Drop According to a new mobile phone forecast from the International Data Corporation (IDC) World- wide Quarterly Mobile Phone Tracker, worldwide smartphone shipments will reach a total of nearly 1.3 billion units in 2014, representing an increase of 26.3% over 2013. Global Microsensor Market Sees Strong Growth Growth in the consumer electronics, automotive, military, and healthcare industries is stimulating the global demand for different types of micro- sensors in these application sectors. The launch of technologically-advanced microsensors is also contributing positively toward growth in the glob- al microsensor market. NB PC Shipments to Overtake Tablets According to preliminary results from the upcom- ing DisplaySearch "Quarterly Mobile PC Shipment and Forecast Report," in the third quarter of this year, the global notebook PC market grew 10% year over year, to reach 49.4 million units. IoT, M2M Market Worth $947B by 2019 The Internet of Things market & M2M commu- nication to grow from $255.87 billion in 2014 to $947.29 billion in 2019, at an estimated CAGR of 29.9%. Cost Index Shows Weakness in Commodity Prices Construction costs rose for the 34th consecutive month in November, according to IHS and the Procurement Executives Group (PEG). The head- line current IHS PEG Engineering and Construction Cost Index (ECCI) eased to 53.0% in November from 54.5% in October. Wearable Electronic Fitness Devices Sales to Dip in 2015 Wearable electronic devices for fitness shipments are forecast to reach 68.1 million units in 2015, down from 70 million units in 2014, according to Gartner Inc. This temporary dip in sales will be driven by an overlap in functionality between smart wristbands, other wearable fitness monitors and smartwatches. Global Market for Security Products at $25.28B in 2014 The total world production value of security prod- ucts at factory gate prices was $25.28 billion in 2014. Of this, video surveillance products at $13.48 billion took a share of 53%, access con- trol at $5.62 billion took 23% share and intruder alarms at $6.18 billion had a 24% share. 3D Printing Materials Market to Hit $8B by 2025 A massive increase in the use and applications of 3D printers is encouraging huge growth in the market for 3D printing materials. The total con- sumable market in 2013 was $800 million and is expected to reach $8 billion by 2025, according to IDTechEx's new report. 30 SMT Magazine • January 2015

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