Global Electronics Industry Analysis & Market Research Reports
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The global market for electronics contract manufacturing (ECM) services should total $515.6 billion in 2015, and reach nearly $561.2 billion by 2016 and $845.8 billion by 2021, with a five-year compound annual growth rate (CAGR) of 8.6% from 2016-2021.
The global market for thermal interface materials reached $715.9 million in 2014. This market is forecasted to grow at a compound annual growth rate (CAGR) of 7.4% to reach nearly $1.1 billion in 2020.
The high price of oil in the past few years has been a catalyst for development in other alternative energy sources. Semiconductor technology surrounding the alternative energy markets includes advanced IGBT design, optoelectronics, advanced power conversion ICs, digital signal processing, MCUs, and advanced mixed signal and analog circuits. This report discussed the potential for these products to be the next killer green application. Renewable, alternative energy technologies continue to grab the attention of private industries and world governments. Semiconductors are used in these technologies to convert the energy or power to something functional, such as converting solar energy into electricity.
report addresses current technical and marketing aspects of ITS. It emphasizes the role of M2M communications in reaching ITS goals; and it is looking forward ITS enhancements based on WICT (Wireless Information Communications Technologies) of the 5G era, such as Visible Light Communications (VLC) and other. It also evaluates the status of driverless cars developments and 5G characteristics that such cars require to fulfil their tasks: the industry identified driverless cars as most viable form of ITS, dominating the roadways by 2040 and sparking dramatic changes in vehicular travel and transport economy. The report is also analyzing advances in driverless car developments as a part of ITS progress related to the 5G evolution. Major driverless car features, standardization and the most important projects with multiple players’ products are analyzed. Benefits and issues of such cars commercial introduction are addressed. It is expected that by 2040 about 65%-70% of all cars on the roads will be driverless.
The global market for Electronic Components is projected to reach US$233.1 billion by 2020, driven by the growing penetration of smart electronics in key industrial sectors such as industrial, automotive, healthcare and transportation. In the consumer electronics sector, the unprecedented surge in demand for mobile computing devices such as smartphones is contributing towards the increase in consumption of myriad types of Electronic Components. Growing need for larger memory, advanced processors, and sensors in smartphones will spur demand for Electronic Components to support advanced functions. Asia-Pacific represents the largest as well as the fastest growing market worldwide, with a projected CAGR of about 7.4% over the analysis period. Growth in the region is led by rapid industrialization, development of industrial and auto electronics, economic development, increasing disposable income, and rise in electronic consumerism as a result of growing digitalization of modern lifestyles.