The four major markets of "consumer", "5G telecommunication network", "enterprise network" and "data center" will drive the growth of the global communications market in 2021.
The size of the consumer electronics market was worth US$1 trillion in 2019 and is expected to grow at a compound annual growth rate of more than 7% between 2020 and 2026. Industry participants continue to invest in the research and development of new consumer electronics products, including smartphones, smart wearable devices, and home appliances, which will drive market growth.
In 2018, the global audio and video equipment market was valued at approximately US$160.4 billion. It has declined at a compound annual growth rate (CAGR) of -1.86% since 2014. It is expected to decline slightly at a compound annual growth rate (CAGR) of -0.05% until 2022 of US$160.1 billion.
The printing industry is very complex. It not only has many internal sub-industries but also involves many upstream and downstream related industries. It can be said that it is a huge industry system. The printing industry has a long history of development. Starting from the invention of printing in ancient China, printing technology has continued to innovate, forming a large industry, which we are almost engaged every day. Digital printing, 3D printing, other new emerging printing technologies will overturn and play new roles in printing industry markets.
RF filters are electronic components that are used to allow or prevent selected signals or frequencies in order to eliminate noise or pass through of unwanted signals. Common types are low pass filters, high pass filters, and bandpass filters.
Transportation is the main artery of the city. A well-functioning transportation system must be closely linked with the three major elements of "people, vehicles, and roads." In order to optimize traffic efficiency and optimize the energy use and mobility efficiency of cities, countries have introduced smart mechanisms in recent years.
Through national key projects, the Taiwanese government announced that it plans to invest more than one trillion yuan in transportation technology to stimulate the development of convenient transportation and boost the Taiwan economy.
The United States, the European Union, and China are the world’s three largest economies, which together are estimated to account for 60.92% of the global economy in 2021.
South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.
The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.