European electronic components market trends reviewed
The COVID-19 Pandemic had a significant impact on the European electronic components DTAM (Distributor Total Available Market), according to Adam Fletcher, Chairman of the International Distributors of Electronics Association (IDEA).
Wearable medical device market to grow 39.4% through 2025
As per a research report by Global Market Insights, the wearable medical device market is estimated to surpass $87bn by 2025. A rise in awareness regarding physical fitness will drive the demand for fitness monitoring and tracking devices. Additionally, growing disposable household incomes will augment wearable medical devices market forecast.
Sensors post-COVID, electrification and bionics
The new IDTechEx report, ‘Sensors 2021-2041’ has analysed the whole subject in the light of such seismic changes as the COVID-19 virus. The sensor business is in turmoil. The industries that spend most on sensors are changing as are the sensors.
Camera module industry: proliferation and diversification
“At Yole Développement (Yole), we expect the volume of global camera module shipments to expand from 5.5 billion units in 2019 to 8.9 billion in 2025, at 8.2% CAGR”, said Richard Liu, Technology and Market Analyst, Photonics and Sensing at Yole.
UK automotive industry shows early signs of recovery
Scrap Car Comparison has shared encouraging insights that the UK automotive industry could be showing early signs of recovery. Data from the Society of Motor Manufacturers and Traders (SMMT) show that commercial UK vehicle production increased by 23.9% in June, with 4,144 vans, buses and trucks leaving production lines.
The UK electronics industry is facing a perfect storm
While some aspects of the COVID-19 pandemic lockdown have been eased, the crisis continues to have a major impact on the UK electronics industry and what many describe as a perfect storm is gathering to really challenge the UK. As well as the pandemic, there’s BREXIT to consider and the potential fallout from the current tensions between the US and China.
Solid-state batteries to create $6bn market by 2030
Solid-state batteries keep on attracting tremendous attention and investment with the maturing technologies and closeness to mass production. Even with the influence of COVID-19, the potential market size is expected to grow to over $6bn by 2030, according to IDTechEx's report 'Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players'.
MagnaChip ranked No.1 in the OLED smartphone market
MagnaChip Semiconductor has announced that it has retained the top position in the global OLED Smartphone DDIC non-captive market in the first quarter of 2020. According to OMDIA, a global market research firm, MagnaChip recorded a 33.2% market share, which represents the all-time high figure for the company.
Haptic technology market: a $10bn revenue opportunity
According to a recent study from market research firm Global Market Insights, the haptic technology market is set to grow from its current market value of more than $7bn to over $10bn by 2026, gaining traction over the 2020 to 2026 period.
Current sensor market worth over $3.5bn by 2026
According to a recent study from Global Market Insights, the global current sensor market is projected to observe momentous growth over the coming years due to the ongoing rise in factory automation trend and the use of industrial robots, with the current sensor market projected to be worth over $3.5bn by 2026.