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.
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