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What to Expect from the Electronics Industry in 2021
By Amy Leary, Marketing Manager,
eBOM.com
nesses, both small and large, have not made it through without redundan- cies, layoffs, minimized office space, or liquidation. However, things might be looking up for 2021, especially for the electronics industry.
T
Biomedical Electronics A year on from the discovery of
the COVID-19 outbreak, the demand for medical electronics, including sen- sors, has skyrocketed. The role of a medical sensor is to make therapeuti- cal devices more effective and safer, while simplifying their operation. These types of sensors detect
chemical, physical and biological sig- nals — essentially increasing the in- telligence of healthcare equipment. Typical applications include vacuum
his year has been a tough one for all industries. From COVID- 19 to trade wars, many busi-
suction pumps, blood sugar measur- ing devices, dialysis machines and sleep diagnostic devices. According to Intrado Global Newswire, the worldwide medical
Due in large part to the
COVID-19 outbreak in late 2019, the medical supplies market is projected to
reach $100 billion by 2021.
supplies market is projected to reach $100 billion by 2021, at a compound annual growth rate (CAGR) of ap- proximately 13.4 percent. This ex- traordinary growth is due largely to the outbreak of the COVID-19 virus in late 2019. As cases of the disease continue to increase, so will the demand for
healthcare devices, resulting in even higher demand for medical sensors. Biomedical engineering is a term used to describe the combination of biology and engineering. As you can imagine, demand for skilled bioengi- neers has taken off and will continue throughout the next year. Many large industrial and auto-
motive manufacturers halted regular production and pivoted to the build- ing of ventilators to tackle the virus. These include Tesla, Mercedes, McLaren, Ford, and Siemens. Now, more than ever, biomedical engi- neers are in extremely high de- mand to keep on top of safety protocols and medical device production. According to myFUTURE,
overall employment of biomed- ical engineers was projected to grow by around four percent in the decade from 2018 to 2028. Next year, however, in the continued fight against COVID-19, that demand is sure to increase significantly.
Quality Solutions for Complex EMI/RFI and EMC Filter Requirements
Robotics and Automation Many jobs, along with the land-
scape of the workforce, are being im- pacted by advanced robotics. Some jobs have been largely eliminated, such as those focused around simple dispensing, much of industrial man- ufacturing, switchboard control and network operation, and many others. In 2021, we can expect the in-
fluence of artificial intelligence (AI) to grow, making devices smarter, more efficient and more reliable. AI’s capability to mirror human ways of thinking is developing rapidly and the future’s robotic systems are ex- pected to function much like their human counterparts. Autonomous driving is another
major trend, with development un- derway at the world’s largest auto and tech firms, such as Tesla, Mer- cedes, Audi, GM, Waymo (a sub- sidiary of Google’s parent company
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Alphabet), and many others. Mercedes-Benz has reportedly
teamed up with archrival BMW to develop autonomous driving technol- ogy. Daimler previously announced that it aims to launch driverless taxis in the next few years. The com- pany has licenses to test its self-driv- ing vehicles on public roads in the U.S., Germany and China. On one hand, autonomous driv-
ing is expected to greatly increase the efficiency and safety of trans- portation of both people and goods. On the other, this will come at a
Over the next five to ten years,
the autonomous vehicle market is expected to grow by a factor of 10, easily surpassing half a trillion USD.
steep cost to those currently em- ployed as taxi and delivery drivers. Over the next five to ten years, the autonomous vehicle market is ex- pected to grow by a factor of 10, easi- ly surpassing half a trillion USD.
Increasing Use of VR This year, we saw many trade
shows and exhibitions held in an en- tirely virtual format, with product demos, presentations and network- ing all accomplished in an online en- vironment. While virtual events have been somewhat novel in the past and fairly rare, the COVID-19 pandemic made them the only viable alterna- tive for nearly every industry event. While the scientific and medical
communities are hopeful that a vac- cine is well on its way, most trade shows are expected to remain virtual through 2021, due to the difficulty of proper safety protocols and a fore- casted decline in footfall. Even electronica 2020, typically
held in Munich and attracting tens of thousands of visitors, transitioned to a purely virtual format this year. The exhibition was scheduled to be held in person until the decision was re- versed in September. The virus will continue to have
an enormous impact on electronics manufacturing, distribution and sup- ply chains until there is a widely available vaccine. According to one researcher at the University of Hong Kong, the future will depend on how much social mixing resumes and what kind of preventive measures
stay in place. Contact: MMG Publishing US,
Ltd., 8400 Normandale Lake Boule- vard, Suite 920, Bloomington, MN 55437 % 866-364-0951 E-mail:
amy.leary@ebom.com Web:
www.ebom.com r
December, 2020
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