Falling product costs will help to propel the market for LED-based luminaires to some $25 billion in 2023, up more than a factor of 12 from today’s figure of $2 billion and equivalent to a compound annual growth rate (CAGR) of 25 per ...
The German machine vision (MV) industry is on a stable growth course. According to the latest market data from the country’s VDMA Machine Vision Association, in 2014 the sector will enjoy growth of five percent to surpass the sector ...
Tags: VDMA, Machine Vision, Positive Prospects
After another record-breaking year for solar photovoltaic installations, and in spite of a sharp slowdown in the German market, the European Photovoltaic Industry Association (EPIA) says that total global PV capacity now stands at a ...
Tags: EPIA, Solar, Photovoltaic Industry
Pricing pressures and a varied international outlook are still facts of life for industrial laser vendors, but overall demand remained in line with expectations during the first quarter of 2014. The regular survey of vendors carried ...
Tags: laser vendors, fiber lasers, semiconductor
Two new LED market surveys reveal the growing importance of Chinese suppliers to the world market and the significant growth forecast for LED multifaceted reflector lamps. Firstly, China’s significant investment in its LED ...
Tags: LED industry, MR Lamp, worldwide market
The European machine vision (MV) industry is in “an excellent condition”, according to the German VDMA’s latest market survey. published earlier in July. It states that the MV sector’s turnover grew more strongly ...
Tags: Machine Vision, strong growth, software
Given the right policy frameworks and technology developments, solar technologies could be generating more than a quarter of the world’s electricity by 2050. That potential scenario, which would see solar overtake wind, ...
Tags: IEA, Solar, Electricity Generation
“The machine vision industry in Germany will grow in 2014 by at least 10% minimum and overall industry turnover will exceed its sales forecast of about €1.8 billion by the end of this year,” stated Dr. Olaf Munkelt, ...
Tags: machine vision industry, Intelligent traffic systems, growth
Analysts at the consultancy company IHS are predicting a 25 per cent rise in global demand for photovoltaics in 2015, with the emergence of the Indian market set to contribute strongly for the first time. “While 2014 remained a ...
Tags: PV Market, solar panels, solar PV
The European Photovoltaic Industry Association (EPIA), one of the most respected collectors of data on solar installations, says that only 7 GW of additional solar power was connected to Europe’s grids in 2014 – down 36 per cent ...
Annual production of laser-based manufacturing systems made by companies at German locations for the first time exceed the billion euro mark, according to data compiled by the German Engineering Federation (VDMA), Laser and Laser Systems ...
Tags: Laser Systems, solid-state lasers
New predictions from Greentech Media’s market research division (GTM Research) suggest that solar photovoltaics will account for half of all the new electricity-generating capacity added globally over the next five years – and ...
Tags: PV industry, global PV demand, PV market
The value of annual sales in the global photonics market has been revised upwards to $182bn, according to new analysis by SPIE, the international society for optics and photonics (and owner of optics.org). The new results were presented by ...
Market and technology analyst firm ElectroniCast Consultants, Aptos, CA, USA, has published a new market forecast for the worldwide consumption of organic light emitting diodes in lighting applications. The global sales value of ...
Tags: OLED lighting, OLEDs, TVs, displays
Osram’s transformation is making further progress: the company has agreed to sell its 13.5% stake in the Chinese company Foshan Electrical and Lighting (Felco) to a subsidiary of Guangdong Rising Assets Management With this move, ...