What are current industry trends in electronics?

What are current industry trends in electronics?

Household appliance manufacturers are mixing products with the IoT technology to enable customers lead more comfortable and convenient life. LG has developed Home chat, an app that lets users to manage their appliances (cookers, refrigerators, washing machines etc.,) from any location through their smartphones.

Which is the electronics market in the world?

In Shenzhen, China lies the world’s greatest electronics market named Huaqiangbei, pronounced huá qiáng běi (sound byte of pronunciation)….The World’s Greatest Electronics Market and a Tour of Shenzhen’s Seeedstudio.

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How much is the electronics industry worth 2021?

Revenue in the Consumer Electronics segment is projected to reach US$748,789m in 2021. With a projected market volume of US$300,019m in 2021, most revenue is generated in China.

What new tech is coming out in 2021?

Artificial Intelligence, Blockchain, Cloud Computing, Data Science, Virtual Reality, Cyber Security etc, are some of the best technology to get into in 2021.

Where is the biggest electronic market in India?

Nehru Place Market Nehru Place is one of the biggest electronic markets in India.

What will be the approximate size of the consumer electronics market by 2023?

[209 Pages Report] The consumer IoT market is estimated to reach USD 104.4 billion by 2023 from USD 46.8 billion by 2018, at a CAGR of 17.39\% during 2018–2023.

What is the richest electronic company?

Apple
2021 list

Rank Company Revenue ($B) USD
1 Apple $274.515
2 Samsung Electronics $200.734
3 Alphabet $182.527
4 Foxconn $181.945
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What is the market size of the flexible electronics market?

[214 Pages Report] The flexible electronics market size is projected to reach USD 48.5 billion by 2026 from an estimated USD 31.9 billion in 2021, at a CAGR of 8.8\% from 2021 to 2026.

What technology trends are shaping the future of electronics?

Progress in thin, light, and flexible electronics is behind a range of innovative technologies, from curved TVs to glucose-monitoring contact lenses. This can lead to the growth of printable solar cells and flexible screens using organic light-emitting diodes (OLEDs). Moreover, foldable smartphones are gaining popularity in the market.

What are the advantages of flexflexible electronics?

Flexible electronics are cost effective, durable, and reliable, and widely used in smartphones, PCs, TVs, tablets, wearables, and other consumer electronic devices. Flexible displays are integrated in such devices to save on space, and reduce thickness and weight.

Which type of flex circuit holds the largest market share in 2020?

The multilayer flex circuit held the largest share of the flexible circuit market in 2020, and will continue to hold a dominant position in the market during the forecast period.

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