Market News

SAN JOSE, CA – The global market for surface mount technology equipment is projected to reach $5.3 billion by 2018, driven by recovery in electronics and semiconductor industries, new products, and the growing need to upgrade older production lines, says Global Industry Analysts.

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SAN MATEO, CA – Worldwide tablet shipments grew to 47.6 million units in the third quarter of 2013, up 36.7% year-over-year, and up 7% sequentially, says International Data Corp.

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NEW YORK – The global automotive electronics market is expected to grow at a CAGR of 3.31% between 2012 and 2016, according to TechNavio.

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FRANKFURT – Germany’s printed circuit board sales in August decreased 1.5% year-over-year, says ZVEI.

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SAN JOSE, CA – Fan-In QFNs and QFPs grew 184.5% in 2012; this year, they will rise 15.4%, says New Venture Research.

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McLEAN, VIRGINIA – August US manufacturing technology orders totaled $371.97 million, down 18.1% year-over-year, says AMT - The Association for Manufacturing Technology.

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