Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

W38September2014

352 views

Published on

Business&Technology Innovation Report W38 2014

Published in: Technology
  • Be the first to comment

  • Be the first to like this

W38September2014

  1. 1. 2014 BUSINESS & TECHNOLOGY INNOVATION REPORT Week 38 Prepared by Ferhat Ünlükal 9/21/2014
  2. 2.  BUSINESS & TECHNOLOGY INNOVATION REPORT BUSINESS & TECHNOLOGY INNOVATION REPORT Week 38 Headlines Consumer Electronics (CE)  2  Sony expects its annual loss to swell to $2 billion.  LCD TV shipments are expected to reach 229 million units in 2015. ICT Industry  Apple aims to sell upwards of 50 million Apple Watches in 2015.  Sony, has released a software development kit for its SmartEyeglass headset.  Panasonic and Leica Camera announced they have extended their partnership agreement.  Cisco will acquire private cloud player Metacloud.  Cisco (NASDAQ: CSCO) and the City of Berlin announced openBerlin.  Foxconn has recently been building an operation centre to help link 300,000 cars to the Internet by January 2015.  Foxconn plant in Brazil has resumed operations  Foxconn Electronics will donate hardware, software, integrated system platforms and high-speed Internet to set up smart e-learning classrooms in three senior high schools in Taiwan.  Seagate has entered into a strategic alliance with Baidu Inc.  The IEEE is embarking on an ambitious effort to build a overarching architecture for the Internet of Things.  The ZigBee Alliance announced the ZigBee Remote Control 2.0 standard.  Demand for affordable connected devices is continuing to drive strong sales of white-box smartphones and tablets in 2014.  The value of Smart glass market was  worth $1581.4 Million in 2013, and is expected to reach $5814 Million by 2020.  The value of home automation & controls market was worth $19.15 billion in 2012, and is expected to reach $48.02 billion by 2018.  Big Data is expected to generate $16.1 billion in 2014.  The global market for EAC (Electronic Access Control) system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013.  The Digital Still Camera market in the APAC region to grow at a CAGR of 0.66 percent.  Car M2M Connections and Services market in the US will grow at a CAGR of 16.92 percent over the period 2013- 2018.  Asia-Pacific pico projector market is estimated to grow from $274.4 million in 2013 to $2,255.2 million by 2018. Flat Panel Industry  Global OLED Display market is set to grow at a CAGR of 36.7% over the period 2013-2018.  Taiwan panel makers are seeing a surge of new panel orders from China-based TV vendors for 60- and 65-inch units.  TV panels produced in China during 2015 are expected to meet nearly 60% of LCD TV panel demand.  Ultra HD TVs are gaining traction in the market and industry observers estimate that China will help drive global shipments to more than 15 million units in 2014.
  3. 3.  BUSINESS & TECHNOLOGY INNOVATION REPORT  3 Semiconductor Industry  Broadcom Corporation, announced that its Ultra high-definition (HD) system-on- chip (SoC) technology has enabled Korea Telecom.  STMicroelectronics has shipped over 8.5 billion MEMS chips.  Global market for Nanotechnology is projected to reach US$3.5 trillion by 2020.  The global organic electronics market size is expected to grow from $16.45 billion in 2014 to $75.82 billion by 2020. Software Industry  Oracle ( ORCL ) said it has signed an agreement to acquire Front Porch Digital.  The cybersecurity sector is anticipated to record just under 5% CAGR from 2014 to 2024. Service Industry  Orange is acquiring Jazztel, for €3.4 billion or $4.4 billion.  Netflix launched its video streaming service in France.  There will be 14.5 million residential and commercial premises with fixed LTE broadband access. By 2019, that figure should grow to  the Car-sharing market in the US to grow at a CAGR of 24.66 percent over the period 2013-2018. Retail and Payment Industry  SmartFocus has acquired Beacon technology specialist TagPointsand social media analytics.  The European Union Council of Ministers is preparing new regulations to govern mobile payments.  Mobile payments could grow from $1 billion in 2013 to $58.4 billion by 2017. Energy Industry  The EMS market is expected to grow from $17.4 billion in 2013 to $38.49 billion in 2018.  The global automotive lighting market size hits approximately USD26 billion.  Global Smart Demand Response Market was valued at USD 5,041.4 million in 2013 and is expected to reach 51,478.9 million by 2025.
  4. 4.  BUSINESS & TECHNOLOGY INNOVATION REPORT Consumer Electronics (CE) Sony Financial Loss  4  Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.  Citing intense competition, especially from Chinese rivals, Sony said Wednesday it anticipates a net loss of 230 billion yen ($2.15 billion) for the fiscal year that ends March 31, 2015. Its previous forecast was for a 50 billion yen ($466 million) net loss. Sony’s stock performance CE Market LCD TV Shipments  LCD TV shipments are expected to reach 229 million units in 2015, up from 217 million in 2014, and are expected to further grow to 245 million in 2017.  According to supply chain estimates, shipments will increase 3-5% on year throughout 2017, driven by increased demand in emerging markets as well as rebounding demand in mature economies.  Within the numbers, the sources estimate the proportion of larger-size 55- to 65-inch units will continue to increase annually as will Ultra HD TVs sized 50-inch and above.  In terms of LCD TV shipments, Samsung Electronics held the number one spot with a 22.7% share in the first half of 2014 followed by LG Electronics at about 15%. TPV and Foxconn were the two main LCD TV OEMs during the period.  China TV vendors also increased their global proportions, with TCL reaching 8%, Hisense 7%, Skyworth 5.1% and Konka 4.2%. During the first half, China vendors' cumulative global proportion reached 28.1% and that number is expected to continue increasing as the vendors enter more markets abroad, the sources added.
  5. 5.  BUSINESS & TECHNOLOGY INNOVATION REPORT  5 ICT Industry Apple iWatch  “LG Display will supply Apple AMOLED panels for the Apple Watch, with shipments expected to reach about five million a month in 2015, according to sources at LG Display,” Rebecca Kuo and Alex Wolfgram report for DigiTimes.  “Apple will receive about five million AMOLED panels for the device a month throughout 2015, with the AppleWatch expected to be released within the first quarter,” Kuo and Wolfgram report. “The sources said Apple aims to sell upwards of 50 million Apple Watches in 2015.” Apple’s stock performance Sony SmartEyeGlass SDK  Sony, the Japanese hardware maker has released a software development kit for its SmartEyeglass headset (Sept. 19), with a developer's version of the hardware slated for March 2015. Panasonic Cooperation with Leica Camera  Panasonic Corporation and Leica Camera AG announced they have extended their partnership agreement and agreed to expand and strengthen their technological cooperation in the digital camera field.  The agreement includes the extension of license agreement for use of Leica's trademark on Panasonic’s digital camera products as well as expansion and strengthening of technological cooperation between the two companies. Panasonic’s stock performance Cisco Acquisition of MetaCloud  Cisco will acquire private cloud player Metacloud, the companies announced.  Based in Pasadena, California, Metacloud offers private cloud solutions for small-to-large companies, including startups and companies in the Fortune 100. Running an OpenStack-as-a-Service model, the company offers its customers ready-to-go private clouds in new and existing datacenters. Cisco’s stock performance
  6. 6.  BUSINESS & TECHNOLOGY INNOVATION REPORT IoE Innovation Center  6  Cisco (NASDAQ: CSCO) and the City of Berlin announced openBerlin, a Cisco® IoE Innovation Center, to be located in Berlin's Schöneberg district. Cisco Internet of Everything (IoE) Innovation Centers are aimed at catalyzing and showcasing IoE innovation and development, bringing together customers, industry partners, startups, application developers, accelerators, government organizations and universities. Berlin is one of six new Cisco IoE Innovation Center locations, including Rio de Janeiro, Brazil; Toronto, Canada; Songdo, South Korea; Barcelona, Spain; and London, England. Foxconn Connected Car  Foxconn Technology Group has recently been building an operation centre to help link 300,000 cars to the Internet by January 2015, according to a Commercial Times reports.  Hon Hai Precision Industry Co., parent of Foxconn Technology Group, is a Taiwanese multinational electronics contract manufacturing company. It is the world's largest electronics contract manufacturer, and the third-largest information technology company by revenue.  The centre, based in Nanchang City in east China's Jiangxi province, is a joint venture between the Foxconn Technology under Hon Hai Precision Industry and Gosun Guard Security Service Technology Co., a local security service provider. Foxconn’s stock performance Production in Brazil  Foxconn Electronics' (Hon Hai Precision Industry) plant in Brazil has resumed operations after the company enlisted a local arbitration court to resolve an employee strike.  Foxconn said workers have already returned to their posts and it will strengthen communication with representatives from the labor side.  Currently, the plant mainly produces desktops and LCD TVs and has a small portion of its production lines making non-Apple smartphones, according to market watchers.  The incident is the second employee protest at the factory since February 2013.  The strike started because the factory has adopted a contract-based pay system and most salaries have not been raised since 2012. The employees demanded Foxconn adopt Brazil's usual pay system and make promotion standards transparent Smart Class Solution  Foxconn Electronics will donate hardware, software, integrated system platforms and high-speed Internet to set up smart e-learning classrooms in three senior high schools in Taiwan.  Each classroom will be equipped with high-resolution cameras, an electronic white-board, a smart TV and high-speed Wi-Fi, and customized student and teacher tablets, according to the
  7. 7.  BUSINESS & TECHNOLOGY INNOVATION REPORT  7 company. If the trial is successful, Foxconn will extend the model to other senior high schools in Taiwan.  Foxconn is also hoping the donation will encourage software designers and content providers to invest resources in the smart classroom industry.  The three smart classrooms are expected to finish establishment by the end of November. Seagate Strategic Partnership with Baidu  Storage solutions provider Seagate Technology (STX) has entered into a strategic alliance with Baidu Inc. (BIDU), a Chinese-language Internet search provider.  The collaboration is aimed at advancement of new technology, improvement in storage quality and increasing reliability of Big Data analysis, Cold Storage and Shingled Magnetic Recording (:SMR). This arrangement brings together two prominent players who are teaming up not only to serve China's growing new cloud market but to also give a boost to the platform. Seagate’s stock performance IEEE IoT Arhitecture  The IEEE is embarking on an ambitious effort to build a overarching architecture for the Internet of Things, spanning a multitude of industries and technologies.  IEEE P2413, which the Institute of Electrical and Electronics Engineers officially started work on in July, would form a framework for interoperability among connected devices and related applications in home automation, industrial systems, telematics and all other sectors that are expected to use IoT in the coming years. While leaving room for differences across those industries, the standard would allow for sharing of data across IoT systems, according to Oleg Logvinov, chair of the IEEE P2413 Working Group. Zigbee Alliance Zİgbee Remote Control 2.0 Standard  The ZigBee Alliance announced the ZigBee Remote Control 2.0 standard, which could become the foundation for remotes that control an entire house full of networked appliances. Among other things, a remote built with ZRC 2.0 will be able to send commands directly to networks of ZigBee-connected devices such as heating, air conditioning, lights, home monitoring devices and security systems.
  8. 8.  BUSINESS & TECHNOLOGY INNOVATION REPORT ICT Market White Box Smartphones and Tablet Market  8  Demand for affordable connected devices, mostly from emerging markets, is continuing to drive strong sales of white-box smartphones and tablets in 2014.  Analyst firm Gartner expects the white-box smartphone market to grow 50 percent, while the white-box tablet market will experience growth of 15.6 percent. Smart Glass Market  The value of Smart glass market was  worth $1581.4 Million in 2013, and is expected to reach $5814 Million by 2020, at an estimated CAGR of 20% from 2014 to 2020. Home Automation Market  The value of home automation &; controls market was worth $19.15 billion in 2012, and is expected to reach $48.02 billion by 2018, at an estimated CAGR of 16.9% from 2013 to 2018. Big Data Market  According to market research firm IDC, Big Data is expected to generate $16.1 billion in 2014, growing 6 times faster than the overall IT market. The firm also forecasts that the Big Data-related technology and services market will continue to grow at a 27% CAGR to $32.4 billion through 2017. Electronic Access Control Market  The global market for EAC (Electronic Access Control) system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. Digital Still Camera Market  The analysts forecast the Digital Still Camera market in the APAC region to grow at a CAGR of 0.66 percent in terms of revenue and to decline at a CAGR of 5.94 in terms of unit shipment over the period 2013-2018. Connected Car M2M Market  The analysts forecast the Connected Car M2M Connections and Services market in the US will grow at a CAGR of 16.92 percent over the period 2013- 2018. Pico Projector mArket  The Asia-Pacific Pico Projector Market report defines and segments the pico projector market in Asia-Pacific with analysis and forecast of revenue. The Asia-Pacific pico projector market is estimated to grow from $274.4 million in 2013 to $2,255.2 million by 2018, at a CAGR of 52.4% for the given period.
  9. 9.  BUSINESS & TECHNOLOGY INNOVATION REPORT  9 Flat Panel Industry Flat Panel Market OLED Display  Global OLED Display market is set to grow at a CAGR of 36.7% over the period 2013-2018, whereas the 4K TV market will grow at 106.84% CAGR during the same time according to these business intelligence reports. Orders from China to Taiwan Panel Makers  Taiwan panel makers are seeing a surge of new panel orders from China-based TV vendors for 60- and 65-inch units as the vendors expect to see sales for the two sizes increase during the October 1 holiday period due to price cuts.  During the holiday period vendors and retailers typically cut TV pricing and in recent years have increasingly done so for Ultra HD TVs and larger-size units. For 2014, consumers in China can expect to see pricing for 60- and 65- inch LCD and Ultra HD units decreased, and vendors are currently stocking up in anticipation for increased sales.  Industry sources noted that during the period the China vendors are expected to slash pricing enough to make up for LCD TV subisidies previosuly issued throughout mid-2012 into mid-2013 by the China government but later discontinued.  Market observers believe the subsidies were major contributing factors to the LCD TV growth in China over the one-year period and their discontinuation have led China's TV market to see limited growth.  The sources added that in response to such trends local vendors are using pricing strategies to spur growth in addition to focusing on large-size TV sales in order to maintain profits.  Taiwan panel makers are expected to receive most of the orders to meet Ultra HD TV panel demand in China during the holiday period and have dropped pricing for the panels to about 1.1 times that of Full HD units.  The sources also noted that Innolux has order visibility until the end of October while AU Optronics (AUO) has so until December due to demand for its curved Ultra HD TV panels. China TV Panel Production  TV panels produced in China during 2015 are expected to meet nearly 60% of LCD TV panel demand in the nation during the year as makers including CSOT, CEC Panda LCD Technology and BOE expand production capacity, and as Korea based makers bump up production in order to meet demand for LG Electronics, Samsung Electroics, and various local vendors, including Skyworth and Konka.  According to a new report from Ʃintell, Korea makers in particular are aiming to bump up production in China in order to save on tariff and management costs. The makers will also receive subsidies from the China government, and will use their production to supply not only parent companies with various LCD TV panel sizes, but local makers as well.  Samsung Display has 8.5G facilities in Suzhou that currently have a monthly production capacity of 80,000 substrates while LG Display has new 8.5G facilities in Guangzhou that have gone into production as of September 2014 with a monthly production capacity of 60,000 substrates that will expand to 120,000 units by the end of 2016. Panels produced on the facilities will include 42-, 49- and 55-inch Full HD TV panels.  The report added that going into 2015, China panel makers will also be putting new 8.5G facilities into operation, which will include production of LCD TV panels, and hence increase the self-sufficiency rate of panels produced in China to 58%, up from 40.8% in 2014. As of the second half of 2014, CSOT's 8.5G monthly production capacity will reach 140,000 units while BOE Hefei-
  10. 10.  BUSINESS & TECHNOLOGY INNOVATION REPORT  10 based facilities will reach 60,000 substrates.  The report also said China panel makers will hold a 16.2% global share in large-size panel production during the second half of 2014. Ultra HD TV Panel Shipments  Ultra HD TVs are gaining traction in the market and industry observers estimate that China will help drive global shipments to more than 15 million units in 2014.  According to MIC, worldwide Ultra HD TV panel shipments are estimated to total around 17.23 million units in 2014, up 473.4% in comparison to 2013. Ultra HD TV panels will take up around 7.2% of total LCD TV panels shipped in 2014, up from 1.3% in 2013.  As for RGBW Ultra HD TV panels, those developed by Korea-based makers shipped mainly to China's LCD TV vendors in the second quarter of 2014. In 2014, MIC estimates that over one million RGBW Ultra HD TV panels will be shipped, to make up 8% of total Ultra HD TV panel shipments.  As the price gap between Full HD LCD TVs and Ultra HD models is closing, Ultra HD's penetration of the global LCD TV market is expected to rise from over 3% currently to 6-8% by the end of 2014, and global demand for Ultra HD TVs will reach 10 million units in second-half 2014, industry observers recently indicated.  Digitimes Research meanwhile said Ultra HD TV panel shipments are expected to reach 17.83 million units in 2014, up 475% on year.  The average Ultra HD TV panel size shipped in 2014 is expected to be 50.8- inch, while the average-size LCD TV panel is expected to be 39.8-inch.  Ultra HD TV panel shipments are expected to reach 72.5 million in 2017, with most 50-inch and above size TVs expected to be Ultra HD, said Digitimes Research. Semiconductor & Component Industry Broadcom Ultra HD SoC Technology with Korea Telekom  Broadcom Corporation announced that its Ultra high-definition (HD) system-on- chip (SoC) technology has enabled Korea Telecom, South Korea's largest telecommunications provider, to launch one of the nation's first 4K in-home IPTV media service. Leveraging Broadcom's advanced compression and decoding technology, Korea Telecom's Olleh GiGA UHD(4K) set-top box (STB) delivers fluid 60 frame-per-second (fps) video with vivid 10-bit color at 4X the resolution conventional HD displays. Broadcom’s stock performance STMicroelectronics MEMS Chips  STMicroelectronics has shipped over 8.5 billion MEMS chips and expects applications for MEMS chips in the wearable device, fitness/health monitoring and Internet of Things (IoT) sectors to gain momentum, according to executive vice president Benedetto Vigna.  Since the development of MEMS chips is likely targeting the IoT ecosystem, STMicroelectronics will aim to integrate its related technologies to connect core elements, including MEMS sensors, embedded processors, power
  11. 11.  BUSINESS & TECHNOLOGY INNOVATION REPORT  11 management (PWM) ICs and interface chips, for IoT applications, Vigna said. Seagate’s stock performance Semiconductor & Component Market Nanotechnology Market  Global market for Nanotechnology is projected to reach US$3.5 trillion by 2020, driven by growing public & private R&D investments, developments in nanomaterials, and promising commercialization efforts in the field of nanoelectronics and nanomedicine. Organic Electronics Market  The global organic electronics market size is expected to grow from $16.45 billion in 2014 to $75.82 billion by 2020 at a CAGR of 29.0%. This growth is heralded by the growing display applications for organic electronics market. The lighting applications for this market are also expected to grow rapidly in the coming five years. MEMS Sensor Market  The MEMS sensor market is expected to grow at a 13.8% annual rate to US$8 billion in 2014, according to data compiled by IC Insights.  The production value and shipments of MEMS chips are expected to grow at a CAGR of 11.7% and 14% during the period from 2013-2018, with its market size reaching US$12.2 billion in 2018, the data showed. Software Industry Oracle Acquisition of Front Porch Digital  Business software maker Oracle ( ORCL ) said it has signed an agreement to acquire Front Porch Digital, a provider of content storage management solutions that help companies migrate, manage and monetize large-scale media assets.  Oracle said Front Porch Digital's big data technologies help enterprises easily handle their expanding and complex volumes of digital media content, including high definition films and TV shows, medical images and records, and real-time security monitoring feeds. Oracle’s stock performance Software Market Cybersecurity Market  The cybersecurity sector is anticipated to record just under 5% CAGR from 2014 to 2024. North America, followed by APAC, will be the largest cyber security markets accounting for a cumulative market share of over 50%. The network security segment is likely to lead the cybersecurity market capturing just over 35% share. Growing dependence on IT and the dynamic nature of cyber threats will likely to stimulate the market’s growth over the next ten years.
  12. 12.  BUSINESS & TECHNOLOGY INNOVATION REPORT Service Industry Orange Acquisition of Jazztel  French telecommunication  12 company Orange (ORAN) is now aiming for global expansion through strategic acquisitions. The company is looking forward to acquire Spanish telecommunications provider, Jazztel, for €3.4 billion or $4.4 billion. Orange’s stock performance Netflix Video Streaming service in France  Netflix launched its video streaming service in France and teamed up with Bouygues to offer its content on France's third-largest telecom operator's set-top boxes. Netflix’s stock performance Service Market LTE Service Market  According to ABI Research, 1.26 billion households do not have DSL, cable, or fiber-optic broadband. Fixed and mobile telcos are looking to LTE to make the connection. “By the end of 2014, ABI Research anticipates there will be 14.5 million residential and commercial premises with fixed LTE broadband access. By 2019, that figure should grow to 123 million,” commented Jake Saunders, VP and 4G practice director at ABI Research.  ABI Research forecasts the shipment numbers for residential LTE gateways and commercial LTE fixed wireless terminals to grow from 9.3 million in 2014 to nearly 44 million in 2019. “Fixed LTE broadband access is proving to be an ‘add-on’ market opportunity for a number of mobile operators that were initially focused on the mobility market,” added Cheri Wong, research analyst. Car Sharing Market  Analysts forecast the Car-sharing market in the US to grow at a CAGR of 24.66 percent over the period 2013- 2018. According to the report, one of the major drivers in this market is the cost benefits of car-sharing, which allows consumers to be free from costs of ownership and mobility. It also gives them the freedom to choose cars based on their requirements and tariffs. This system also allows consumers to rent cars on convenient monthly or annual plans.
  13. 13.  BUSINESS & TECHNOLOGY INNOVATION REPORT  13 Retail and Payment Industry SmartFocus Acquisition of TagPointsand  SmartFocus has acquired Beacon technology specialist TagPointsand social media analytics provider Content Savvy as part of its strategy to develop the UK's first omni-channel digital marketing system. These two key Big Data acquisitions position SmartFocus as an industry leader for mobile and location-based digital marketing. Its platform now offers customer engagement and analytics capabilities across all media channels, so clients can gain deeper insight into consumer behavior.  TagPoints was the first company to install beacon technology in a UK shopping center, and has since established itself as a leader in proximity marketing. Its mobile phone loyalty platform won an award at this year's Mobile World Congress 'Barca Starta'competition. Retail and Payment Market Mobile Payment Regulation  The European Union Council of Ministers is preparing new regulations to govern mobile payments - just as the Apple iPhone 6 promises to make mobile payments and digital wallets take-off.  In a document promising a new "Payment Services Directive in the EU" the Council of Ministers' presidency recommended that the regulations should mandate "strong customer authentication" over a range of digital payment schemes, including "sensitive payment data to be used in a wallet solution".  According to Outlaw.com, the legal news and guidance service of law firm Pinsent Masons, third-party payment initiation service providers would need a licence to operate in the EU. It also set out a process by which payment initiation service providers and other payment institutions could obtain regulatory authorisation for operating across different EU countries. Mobile Payment Market  Citi Investment Research analyst Mark May believes the sum total of mobile payments could grow from $1 billion in 2013 to $58.4 billion by 2017. RFID Market  The global radiofrequency identification (RFID) market was valued at USD 1.9 billion in 2013 and is expected to grow at a CAGR of 13.9% from 2014 to 2040, to reach an estimated value of USD 5.3 billion in 2020.
  14. 14.  BUSINESS & TECHNOLOGY INNOVATION REPORT Energy Industry Energy Market Energy Management System Market  The research reports that the EMS  14 (Energy Management System) market is expected to grow from $17.4 billion in 2013 to $38.49 billion in 2018, at an estimated Compound Annual Growth Rate (CAGR) of 17.2% from 2013 to 2018. The North American region is expected to be the prime market for Energy Management Systems (EMS) in terms of revenue contribution. Automotive Lighting Market  The global automotive lighting market size hits approximately USD26 billion (including USD21.2 billion generated by OEM) in 2014, representing an increase of 8.8% over 2013. The growth of the OEM market is mainly driven by two factors:  First, the automobile shipment in China and the United States surges, especially the Chinese market has still maintained the growth rate of about 10% after the high-speed growth in 2013. Second, the extensive use of xenon lamps and LED raises the unit price.  In the global market, the second and third categories will seize 10% share each, while the fourth category 7% in 2016. However, unique Chinese consumers are keen on new technology and the luxury car sales volume growth rate is much higher than low-end models under the context of exacerbated wealth disparity, so the proportion of xenon lamps in China exceeds the global average level. The second category is expected to occupy about 13% share and the third category 14% in 2016. Global Smart Demand Response Market  Global Smart Demand Response Market was valued at USD 5,041.4 million in 2013 and is expected to reach 51,478.9 million by 2025, growing at a CAGR of 21.6% from 2014 to 2025. References Flipboard  if you want to reach the details of the news in the report, you can follow the recent report on web via https://flipboard.com/profile/ferhatunlu kal and/or download flipboard application from Apple store, Google Play, Windows Store and Blackberry World and reach all reports and details on your smart mobile devices.

×