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38 SMT Magazine • March 2016 IoT chip market Worth $10.78B by 2022 The IoT chip market is expected to grow from $4.58 billion in 2015 to $10.78 billion by 2022, at a CAGr of 11.5% between 2016 and 2022. Global 3D Printing market in healthcare to Grow over $3.89B by 2022 The 3D printing market revenue in healthcare ap- plication is expected to cross $3.89 billion mark by 2022, at an estimated CAGr of 21.9%, calculated between 2016 and 2022. Infrared Detector Industry: many Innovations to Drive arrays costs Down Driven by smart lighting, smart buildings, and mo- bile devices, the infrared (Ir) detector market will reach about $500 million by 2020. Solar PV Installations revenue to Top $1.2T from 2015 to 2024 According to a recent report from Navigant re- search, global revenue from solar PV installations is expected to total more than $1.2 trillion from 2015 to 2024. TrendForce: PV Demand remains Strong in 1Q16 The general outlook for the 2016 PV market has become more certain as China, the United States and the U.K. finalize their respective subsidy poli- cies. Global TV Panel Shipments reach almost 270 million Units in 2015 Among the large-size lCD panel applications, the TV market had the best shipment performance for 2015, growing by 8.9% year on year to 269.8 mil- lion units in total. Semiconductor acquisitions Surge in china In 2016, semiconductor equipment spending is ex- pected to be $5.3 billion, 9% up from 2015 spend- ing. Total spending on semiconductor materials in China will be $6.2 billion, with China representing the highest growth rate of all the regions tracked by SEMI. Worldwide Smartphone Shipments Surpass 1.4 Billion in 2015 According to preliminary data from IDC's World- wide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 399.5 million units dur- ing the fourth quarter of 2015, up by 5.7% com- pared to the same period in 2014. Global Device Shipments to Grow 1.9% in 2016 Worldwide combined shipments of devices (PCs, tablets, ultramobiles and mobile phones) are ex- pected to reach 2.4 billion units in 2016, a 1.9% increase from 2015, according to Gartner Inc. Global NB Shipments Fell to 164.4m Units in 2015 Worldwide notebook shipments for 2015 totaled 164.4 million units, representing a year-on-year decline of 6.3%, according to TrendForce. electronics industry news Market highlights

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