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The highly complex, technology-intensive and diverse global electronics market is the market consists of the total revenues generated through the sale of audio visual equipment and games console products designed primarily for domestic use. The audio visual equipment includes CD Players, DVD Players / Recorders, hi-fi systems, home theatre, in-car entertainment systems, portable digital audio, radios, televisions and video recorders. Games consoles segment includes both home use and portable consoles.
The electronics market is valued at several billions of dollars and is always expected to post a strong average annual growth rate in the short-term. Growth is ideally influenced by important trends in this booming electronics market, which will boost demand for wafers, IC devices, software and components, PCBs, materials, equipment, services and semiconductor packaging.
New developments in the electronics market sector would be propelled by newer geographical markets riding on the modern trend of globalization as well as technological advancements such as wireless communications, man-machine interface, pervasive computing and video digitization that would create new markets while simultaneously regenerating older ones. Advancements would in turn be facilitated by the availability of SoC (systems-on-chip) technology, digital signal processors and more adaptable microprocessors. Other major emerging technologies include CMP slurries with higher selectivity; dual damascene processes; extensive acceptance of 300mm wafers; and precursor materials for barrier layers and low-k dielectrics. Copper and tantalum targets for seed and barrier layers; cleaning and etching gases with higher selectivity; deep UV 193mm and 248mm lithography and cleaning and etching chemicals with higher selectivity are some of the other emerging technologies.
With the burgeoning demand for electronic devices the world over, demand for advanced electronics for accommodating the integrated circuits is on rise. Decreasing device size demands low cost electronic technologies that are capable of rendering high speed, finer pitch, higher pin count and reliable interconnects. Despite the fact that higher pin count increases cost, manufacturers are finding ways to deliver the most cost effective advanced electronic packages to address the needs of the industry.
Advanced Electronic technological industry has grown to a position where its technology has outpaced the older technology, the parent industry it addresses. Increasing silicon complexity and integration has made it mandatory for modern technology to provide finer lead pitch, higher I/O counts, improved heat dissipation, and rapid, reliable interconnect. Simultaneously, the industry is also pushing towards decreased printed circuit board area and complexity, which is exerting further pressure on packaging requirements.
With its positive growth all around, nearly all global leading electronic manufacturers including OEMs, EMs and ODMS reshaped themselves as Multi nation companies, just to avail the benefits of the availability of raw materials and reap in the benefits of various economies and purchasing capacities of people from different culture and background. Since in this era of globalization, countries are mostly eyeing export, electronics market too is enjoying its share of exporting of electronic goods and they are interwinding their export market with the dynamics of the global electronics market.