In 2022, the global market for electrical contacts and contact materials was 26.2 billion yuan. And it is expected to continue to grow at a compound annual growth rate of 2.95% from 2022 to 2028. By 2028, the global market scale for electrical contacts and contact materials will reach 31.2 billion yuan. On a global scale, North America, Europe, and the Asia-Pacific region are the main demand markets for contact materials.
Efficient power management involves increasing the power delivery capabilities of electronic devices while minimizing losses and maintaining signal integrity. Nowadays, industries of all kinds are demanding faster and more efficient electronics that can process large amounts of data quickly. However, this demand comes at the cost of increased power consumption, efficient power management solutions are needed to address these challenges.
Flexible electronics is a technology that attaches inorganic/organic devices to flexible substrates to form circuits. Compared with traditional silicon electronics, flexible electronics refers to thin-film electronic devices that can be bent, folded, twisted, compressed, stretched, and even deformed into arbitrary shapes while still maintaining high-efficiency optoelectronic performance, reliability, and integration.
Recently, Samsung Electro-Mechanics, the substrate manufacturer of Samsung Electronics, plans to develop more ABF substrate applications. According to the company, it is optimistic about the automotive demand for servers this year. Samsung Electro-Mechanics pointed out that the demand for some applications such as mobile phones and personal computers is expected to decline this year, but the high-end substrate market for servers and automobiles will continue to grow.
2D materials may not be as far-fetched as we imagined, and it’s a bit of a clue—not only did Intel demonstrate at IEDM last year that it applied 2D materials to GAAFET transistors; but also BEOL of some old processes is already trying 2D materials, mainly MEMS, radio frequency, and photoelectric transceiver. After all, these devices may not have as stringent quality requirements as transistors.
According to data from QY Research, the global automotive BMS market is expected to increase to 88.474 billion yuan by 2027, with an average annual compound growth rate of 26.35% from 2021 to 2027.
GGII, an Industrial Research Institute, predicts that by 2025, the market value of China’s energy storage BMS will reach 17.8 billion yuan (including overseas exports), with a compound annual growth rate of 47%. The BMS market has broad room for growth.
Copper clad laminate (CCL) is the core raw material of downstream PCB, accounting for more than 40% of the material cost, and the cost proportion is higher in high-end PCB. The development trend of copper clad laminate terminal applications is obvious. And the high-end market is growing rapidly with higher added value.
Currently, Mini LED displays are widely favored in markets such as TVs, IT displays, and automobiles. Statistics show that the global Mini LED market will grow to .32 billion USD by 2024, and 5.9 billion USD by 2025, with a compound annual growth rate of 86.6% from 2019 to 2025, of which Mini LED backlights will contribute the main market revenue.
The Battery Management System (BMS) is a management system for lithium batteries in electric vehicles. System architecture is the foundation and key of BMS, which determines the performance, life, safety and cost of the battery management system. The protection board of the lithium-ion battery can be understood as a BMS with a simplified design. It implements overvoltage, undervoltage, overcurrent and other protection functions through hardware solutions without software control.
March 8th, is the International Women’s Day, is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating women’s equality. In the early morning, IBE prepared flowers and gifts for all IBE female staff. The achievements of IBE today can’t be made without their hard working.