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30 SMT Magazine • November 2015 Electronics Industry News Market Highlights $6.4 billion, to $10.4 billion by 2024, according to IHS. New Color Technology Displays to Comprise 25% of Total Display Shipment Area in 2020 Wide color gamut flat panel displays are expected to grow from 3% in 2015, to 25% of the display market in terms of area by 2020, according to IHS. Color gamut refers to the ability of a digital display to reproduce colors as they are seen by the naked eye. Microcontroller Market Growth Tied to Rise in IoT Applications The market for MCUs used in connected cars, wearable electronics, building automation and other IoT applications is expected to grow at an overall CAGR of 11%, from $1.7 billion in 2014 to $2.8 billion in 2019, according to IHS. Chinese Handset OEMs to Increase Demand for Smartphone Sensors Chinese OEMs have proved willing to try any new technology that allows them to compete more successfully. Of the many Chinese handset manu- facturers, Xiaomi will consume the greatest num- ber of sensors in 2019, according to IHS. Asia and Americas to Push Global PV Demand Up to 58GW in 2016 The global PV demand is expected to keep rising in 2016 to 58GW as long as renewable energy policies across the world remain the same. N.A. PCB Book-to-Bill Ratio Reaches Five-year High in August Total North American PCB shipments increased 1.5% in August 2015 compared to August 2014. Year-to-date shipment growth stood at -0.1%, re- flecting the negative sales growth rates seen earlier this year. Compared to the previous month, PCB shipments were up 3.6%. Singapore PC Market Growth Driven by Mobile PCs in 1H of 2015 PC shipments in Singapore totaled 588,300 units in the first half of 2015, a 12% increase over the same period last year, according to Gartner Inc. Copper Clad Laminate Industry has Entered New Round of Growth The CCL industry has entered a new round of growth in recent years, and two regions in Asia— China and Southeast Asia—have become the fast- est-growing. Relevant manufacturers have succes- sively taken measures like capacity expansion and acquisitions to strengthen their CCL business. Car OEM Telematics Leads IoT Segments, Generates $60B of Service Revenues in 2020 While 4G networks would be preferred by auto- makers to power the connected car, it is 3G net- works that will carry the data driving the majority of its global telematics and infotainment services revenues. In fact, it will be after 2020 that 4G be- comes the leading connection technology for OEM telematics revenues. Survey Reveals IoT Opportunity While the Internet of Things (IoT) continues to evolve and expand, moving from the planning stage to execution, the momentum is quantifiable. According to a new survey from IDC, 73% of re- spondents have already deployed IoT solutions or plan to deploy in the next 12 months. UAV Market to Reach $10B Mark by 2024 The global defense and security market for un- manned aerial vehicles will expand at 5.5% per year over this decade, from the current figure of 30 SMT Magazine • November 2015

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