Market News

DUBLIN – The automated material handling equipment market is expected to grow at a CAGR of 7.9% between 2016 and 2022 and reach $44.68 billion by 2022, says Research and Markets.

Read more: Lower Overhead Driving Increase in Automated Material Handling Equipment Sales

SAN JOSE — North America-based semiconductor equipment manufacturers posted $1.59 billion in orders worldwide in April on a three-month average basis, up 1.3% from April 2015 and up 15.6% from the revised March figures.

Read more: Semi Equipment Gear Demand on Rise in April

SCOTTSDALE, AZ – Automotive electronics' share of the worldwide electronics market ticked up in 2015, and is forecast to grow for the next four years as well.

Vehicle electronics made up 8.9% of the $1.42 trillion worldwide electronic systems market last year, up slightly from 8.6% in 2014, says IC Insights.

Read more: Report: Global Automotive Electronics to Show Slight Gains through 2019

FRAMINGHAM, MA – Total shipment volumes for the worldwide wearables market reached 19.7 million units in the first quarter, an increase of 67.2% year-over-year.

Read more: IDC: Global Wearables Market Up 67% in Q1

OYSTER BAY, NY -- Global electric vehicle revenue will hit $58 billion in 2021, more than five times its market value in 2015, ABI Research says.

Read more: Electric Vehicle Sales to Spike Over Next 5 Years

STAMFORD, CT -- Market research firm Gartner today raised its forecast for worldwide semiconductor capital spending, but said the outlook for 2016 remains "bleak."

Read more: Gartner: Semi Gear Outlook Improved, But Still 'Bleak'

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