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38 The PCB Magazine • July 2017 Growth Ahead for Flexible Hybrid Electronics Industry According to Zion Research, "global demand for the flexible electronics market was valued at $5.13B in 2015 and is expected to generate rev- enue of $16.5B by 2021, growing at a CAGR of slightly above 21% between 2016 and 2021." Key elements of the market, in the view of most ana- lysts, include flex displays, sensors, batteries, and memory. Flex and Flex-Rigid Printed Circuits Market Analysis In the last few years, North America and Europe have benefitted by the overflowing demand for flex and flex-rigid printed circuits. In these regions, aerospace and military have been the backbone of their production of flex and flex-rigid printed with maximum consumption. Global PCB Market Expected to Reach an Estimated $72.6 Billion by 2022 The future of the PCB market looks promising with opportunities in the communication, computer/ peripheral, and automotive industries. The major drivers of growth for this market are the strong demand for smart phones and tablets along with growing automation in industries, such as auto- motive and aerospace & defense. Walt Custer's Market Report At the recent EIPC Conference, Walt Custer de- livered his annual report detailing the trends he's been seeing in the electronics industry for 2016 and into the first quarter of 2017. Barry Matties sat down with Walt to discuss his findings, including his forecast for the upcoming year. Also discussed are Walt's prognosis for the market segments with the most promise and those that cause him con- cern. Weiner's World—May 2017 China's central bank is effectively anchoring the yuan to the dollar, a policy twist that has helped stabilize the currency in a year of political transi- tion and market jitters about China's economic management. EPTE Newsletter: Mixed Sales Data for Taiwanese Circuit Board Industry Taiwan is the production center for global con- sumer electronics, and the circuit board produc- tion in Taiwan is considered the barometer for the electronics industry. Performance for most of the major printed circuit manufacturers in Taiwan is mixed; there are some bright signs, and there are some areas that need improvement. Flexible PCB Market Industry Trends and Developments Flexible printed circuit boards are widely used in an array of electronic devices that have complex circuitry. Besides efficient interconnectivity solu- tions, flexible PCBs offer another benefit viz. re- duced system maintenance. Compact in size, flex- ible PCBs also reduce the entire costs of intercon- nectivity solutions. DKN Research Newsletter: JPCA Show a Positive Sign for Industry I recently attended the JPCA Show, the largest trade show event for the printed circuit industry. The size of the show was almost the same as last year, but there were significant changes to prod- uct lines from material suppliers. It seemed to me there was an increase in attendance, and almost everyone was there to get a glimpse of some new technology trends. Virtual Reality Market to be Worth $48.5B by 2025 The global virtual reality (VR) market is expected to reach $48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-per- formance computers and VR gaming applications. IPC Releases PCB Industry Results for April 2017 IPC announced today the April 2017 findings from its monthly North American Printed Circuit Board Statistical Program. Although sales continued below last year's levels, orders were up and the PCB book- to-bill ratio continued to climb, reaching 1.09. Electronics Industry News Market Highlights

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