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44 SMT Magazine • May 2016 Optoelectronic Components Market to Touch $137.44B by 2023 The global optoelectronic components market was valued at $60.05 billion in 2014 and is anticipated to reach $137.44 billion by 2023, expanding at a CAGR of 9.7% from 2015 to 2023, according to Transparency Market Research. Optical Sensors Market Worth $971.8M by 2020 The global market for optical sensors is projected to grow from $315.9 million in 2015 to $971.8 million in 2020, a CAGR of 25.2% from 2015 to 2020. TV Panel Shipments Down in February The latest large-size panel shipment report by Wits- View, a division of TrendForce, says TV panel ship- ments for February totaled 17.88 million units, rep- resenting a monthly decline of 8.7% and a year- on-year decline of 8.3%. The automotive Market is Turning Electric electrified vehicles will be part of our future. In- deed, after many years of research and develop- ment, successes and failures, car manufacturers, their partners, governments and public are now ready. UaV Payload and avionics Market to Grow at a CaGR of 8.3% The UAV payload and avionics market is expected to reach $3.93 billion by the year 2022. Global automotive Sensors Market to Reach $36.25B by 2021 The global automotive sensors market is expect- ed to reach a revenue of $36.25 billion by 2021, growing at a CAGR of 9.1 from 2015-2021. Tablet Market to Sink Below 140 Million Shipments in 2021 While the total tablet volume in 2015 was more than 207 million, ABI Research expects this to sink below 140 million global shipments in 2021. Global Biometric Sensors Market to Reach $1.6B by 2023 The global biometric sensors market was worth $710 million in 2014 and is expected to rise at a CAGR of 9.6% from 2015 to 2023 to reach a fig- ure of $1.6 billion by 2023, according to Transpar- ency Market Research. Worldwide PC Shipments Declined 9.6 Percent in Q1 of 2016 Worldwide PC shipments totaled 64.8 million units in the first quarter of 2016, a 9.6% decline from the first quarter of 2015, according to preliminary results by Gartner Inc. Worldwide Shipments of Wearables to Surpass 200 Million in 2019 According to International Data Corp., an expand- ing lineup of vendors combined with fast grow- ing consumer awareness and demand will gener- ate double-digit growth for the wearable device market over the 2015-2020 period, culminating in shipments of 237.1 million wearables in 2020. electronics industry news Market Highlights

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