Demand for low cost devices with improved performance characteristics will keep innovation ecosystem active, says Frost & Sullivan
MOUNTAIN VIEW, California, Oct. 8, 2015 /PRNewswire/ -- The increased use of smart devices and the anticipated adoption of wearable electronics are bolstering the development of microelectronics technologies. The pace of innovation will remain steady as demand for cheaper yet robust devices that enable low power consumption, high-speed data connectivity and increased efficiency continue to be in demand. Development in the electronics sector will drive the adoption of smart haptics, organic LED displays, encapsulation, wireless charging and near-field communication technologies as well.
- wearable electronics
- flexible electronics
- smart lighting
- wireless charging
- near-field communication
- transparent display
- brain-computer interface
- encapsulation technologies
- smart haptics and touch
- solid-state lighting
Wearable electronics will have a high impact on consumer and healthcare applications while LED lighting along with technologies such as sensors and wireless communication will help develop greener solutions. Wireless charging of multiple devices in a short distance radius will also be widely adopted.
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"With significant work underway by various stakeholders across technology segments, the commercialization of new microelectronic products is expected in several industries," said Frost & Sullivan TechVision Research Analyst Jabez Mendelson. "However, during the manufacturing of new products in the microelectronics sector, the difficulty to create a sustainable supply chain for commercialization will remain a challenge."
Besides supply-chain complexity, imposing factors such as the plummeting lifetime of electronic products and dynamic market needs could dampen the penetration of microelectronics across industries. With the emergence of more companies in the microelectronics industry, compliance with global standards has also become a concern.
Nevertheless, demand for cost-effective devices and higher customer buy-in in a highly competitive electronics market will continue to prompt innovations. Thus, along with industries that need multifunctional capabilities, other segments will benefit from microelectronics technologies in the future. This will open up avenues for new business models and markets.
2015 Top Technologies in Microelectronics, a part of the TechVision (http://ww2.frost.com/research/technology/microelectronics) subscription, details key technological trends and advancements in the microelectronics cluster that are likely to have a high impact in the near- and medium-term. The major technological trends are evaluated based on a set of criteria, which include technology significance, Mega Trends impact, patent trends, breadth of applications/industries impacted, global footprint, funding trends, innovation ecosystem, strategic alliance and partnership trends, factors influencing adoption, market potential, future outlook and growth opportunities.
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence that provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.
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2015 Top Technologies in Microelectronics
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