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74 SMT Magazine • September 2017 Average Contract Price of PC DRAM Modules Posts Sequential Monthly Gain in July The average contract price of PC DRAM modules rose by nearly 40% sequentially in the first quarter to $24 and then by more than 10% sequentially in the second quarter to $27, according to Trend- Force. 3D Printing Market Worth $23.8B by 2025 The global 3D printing market is estimated to reach $23.79 billion by 2025, according to the new re- port conducted by Grand View Research Inc. e-mobility: The New Eldorado for Li-ion batteries e-mobility overtakes the consumer electronics mar- ket segment to represent 72% of the total recharge- able Li-ion battery cell market's value in 2022, ac- cording to Yole Développement. Global Market for Smart Manufacturing Solutions to Top $320 Billion by 2020 TrendForce forecasts that the size of the global market for smart manufacturing solutions will sur- pass $320 billion by 2020 as manufacturing com- panies in various industries, following the Industry 4.0 conceptual framework, embark on a mission to transform their operations by deploying smart technologies. Enterprise 3D Printing Strengthens Position in Aerospace The market for 3D printers is set to change over the next 10 years as the Federal Aviation Administra- tion (FAA) and the European Aviation Safety Agen- cy (EASA) approve more 3D-printed parts for use in commercial jet engines. Smart Speaker Market Forecast to Grow at 50% CAGR from 2017 to 2024 From a valuation of $400 million in 2016, the smart speaker market in the next seven years is forecast to outpace all records by collecting a revenue of $13 billion by 2024, according to Global Market Insights. Semiconductor Manufacturing: What Is Driving the Growth of the Glass Material Market? The 8-inch equivalent glass wafer market is ex- pected to increase at a 23% CAGR through 2022, reaching around 14M 8-inch eq wafer, as glass materials make serious inroads in the semiconduc- tor market according to Yole Développement. Wearable Devices' Expansion to Industrial Sector Thrives with Addition of Advanced Sensors and Software The emergence of the Internet of Things (IoT) and workers' need for real-time data, monitoring and tracking are boosting the development of wear- able technologies for the industrial sector. Local Smartphone Brands Facing Increased Competition in Indonesia The smartphone market in Indonesia has changed with the China-based vendors becoming more ag- gressive with their aggressive strategies, not just with their product line-up but also their overall marketing plans and activities. Global Defense Exports Expected to Decline for First Time Ever Weakening defense export order backlog points to a contraction in the market by 2018, according to the annual Global Defense Trade Report released by IHS Markit. Electronics Industry News Market Highlights

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