32 The PCB Magazine • February 2015
Manufacturing Sector All Set for Recovery
The Great Recession was devastating to manu-
facturing and the subsequent prolonged recov-
ery permanently took away years of potential
growth. The sector's structure has changed; in-
dustries that make up one-quarter of manufac-
turing value-added fell substantially short of their
pre-recession production levels and are still re-
covering. Manufacturing as a whole, meanwhile,
is in an economic expansion.
The Era of Connected Devices
Imagination Technologies reports that an impres-
sively broad range of products at the recent In-
ternational CES 2015 incorporated one or more
of its technologies, reflecting a growing recogni-
tion of Imagination's leadership capabilities help-
ing to drive industry trends such as higher qual-
ity graphics, audio and video; high-performance
and highly-efficient processing; and on-chip con-
nectivity.
Internet of Things Stimulates
MEMS Market
Worldwide market revenue for MEMS directly
used in industrial IoT equipment will rise to $120
million in 2018, up from $16 million in 2013, ac-
cording to IHS Technology. Additional MEMS also
will be used to support the deployment of the
IoT, such as devices employed in data centers.
This indirect market for industrial IoT MEMS will
increase to $214 million in 2018, up from $43
million in 2013.
Home Automation, Control Market
at $12.81B by 2020
According to a new market research report pub-
lished by MarketsandMarkets, the market is ex-
pected to grow at a CAGR of 11.36% between
2014 and 2020, and reach $12.81 billion by
2020.
Global Connected Car M2M
Connections, Services Market
ReportsnReports.com adds "Global Connected
Car M2M Connections and Services Market"
research report that says big data analytics and
smart phone apps will foster the growth of the
global connected car M2M connections and ser-
vices market by 2019.
Retail Automation Market to
See 16.7% CAGR
The global retail automation market is expected
to reach $275.43 billion by 2020, at a CAGR of
16.7% between 2014 and 2020. The lucrative
growth rate of the retail market in future is the
major factor driving the retail automation market.
Data Recorder Market to Grow
at 4.52% CAGR
The data recorder market forecast report offers a
complete analysis of the market during the fore-
cast period of six years from 2014–2020. It ana-
lyzes factors driving the market, restraining market
growth, opportunities, and challenges faced by
the industry.
ASP of Ultrabooks, Tablets Down
7.8% in 2014
According to market intelligence firm ABI Re-
search, the average weeks of household income
needed to buy a tablet or Ultrabook both declined
by approximately 30% YoY, making these devices
more affordable to a wider range of consumers.
Satellite Communications Market
to Generate $3.1B by 2023
NSR's newly released Unmanned Aircraft Sys-
tems (UAS) via Satellite report projects impressive
growth for satellite-based UAS in all regions, with
revenues rising from $1.3 billion in 2013 to $3.1
billion in 2023.
Investment in Microgrid-enabling
Tech Tops $155B
Offering the ability to isolate from the wider elec-
tricity grid during power outages, as well as a high
capacity to integrate renewable, distributed ener-
gy resources, microgrids have become a growing
phenomenon in the global energy sector in the
last few years.
32 The PCB Magazine • February 2015
Electronics Industry News
Market Highlights
