According to a report published by Lux Research, the clinical optical imaging market will more than double by 2020, reaching $2bn. Lux Research analysts examined 16 technology developers in the optical imaging industry, and evaluated them on the Lux Innovation Grid. The company published the results of this analysis in a report titled ‘Advancing Clinical Imaging Beyond the Existing Standard of Care: Evaluating New Optical Imaging Modalities...

Used to convert and manage electricity in devices from mobile phones to pumps and motors, power electronics will be worth $23bn for discrete components in 2024. According to Lux Research, silicon-based devices will remain the main technology of choice, but SiC and GaN will be the fastest-growing at 30 and 32% annual rates, respectively, gaining a combined 13% share in 2024.

Driven by the government’s focus on the futuristic Internet of Things – embedding connectivity and intelligence in everyday objects – and a surge in private sector growth, China’s RFID card market will nearly double in value and more than double in units in 2017, according to Lux Research.