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Technavio’s market research analysts predict the market to reach a little over USD 45 billion by 2019. IoT will have a much deeper presence in the future; its acute technological requirements would require sophisticated chips, miniaturization, and flexible plastic structures to house microchips for high-powered performance. As a result, the demand for improved structural electronics, embedded with the latest technology is expected to rise.
The aerospace industry is estimated to be the first adopter of this technology. Embedding structural electronics will not only improve communication systems on-board but also assist in monitoring and making the aircraft safe by alerting instantly, to any potential damage due to cracks or leaks. Structural electronics in aircrafts and automobiles will essentially behave more like nervous systems of these vehicles.
In terms of revenue, OLED displays account for the maximum share of the market. Components required to manufacture OLED display products are being widely optimized using printed electronics and 3D technology. This research report predicts the OLED display segment to reach a market size of USD 34 billion until 2019.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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