All electronic products must use the Printed Circuit Board (PCB) to fix the integrated circuit (IC) and other electronic components, and all the integrated circuits and electronic components with different functions are connected with thin copper wires to provide a stable working environment so that electronic signals can circulate between different electronic components.
The wireless power industry is expected to grow exponentially. Wireless power has a major impact on almost all fields because it enables the Internet of Things to achieve and develop faster.
The optical industry is still the mainstream product sector in consumer electronics, and there is still a lot of room for innovation. Since smartphones are equipped with optical lenses, from the rear to the front, and from single-lens to multi-lens, hardware innovation not only facilitates consumers to take photos and videos but also directly drives the vigorous development of the optical industry.
The optoelectronic material and component manufacturing industry is a branch of the electronic component manufacturing industry. It is a high-tech and capital-intensive industry. Components manufactured with optoelectronic technology or equipment with optoelectronic components as key components are all parts of the optoelectronics industry.
With the continuous development of the downstream industry of linear actuator and the continuous expansion of linear actuator applications, the global demand for linear actuator has shown a rapid growth. In 2019, the global linear actuator market has exceeded 15 billion yuan.
In response to the COVID-19 epidemic, various countries have issued a series of bans, city closures and traffic restrictions, driving the demand for housing, working at home, online shopping, and home entertainment. This in turn has driven the demand for 3C products such as information and communications products. Among these, display panels have shown one of the greatest increases in demand, and the global display screen equipment market grew by 19% in 2020, reaching USD 13.52 billion.
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.
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.
In 2021, the global electric vehicle market will grow by 40%, with total sales exceeding 3 million units. As of 2019, more than 2 million electric vehicles have been sold worldwide, accounting for 2.5% of all vehicle sales. It is estimated that the compound annual growth rate of global electric vehicles in the next ten years will reach 29%; the total sales of electric vehicles It will increase from 2.5 million in 2020 to 11.2 million in 2025 and 31.1 million in 2030.
Global environmental awareness is rising, and bicycles have gradually changed from sports and leisure functions to commuting means. Among them, electric bicycles have been fueled by an aging population, which has led to a substantial increase in the global output of electric bicycles in recent years.
The world is poised to change forever with the implementation of fifth-generation connectivity for data networks across the world. 5G has been promised to be the savior to any connectivity problems we've had in the past and it's also been highlighted as a path towards a fully wireless future.