Category: Business
The M&A transaction value on the thin-film solar technology increased to $1.08 billion in 2014, growing at 16.3% from 2011 to 2014, while it increased to $247 million in 2014 for concentrated PV technology, growing at 27.1%.
The world drone market was estimated to be worth $1.1 billion in 2014, and the market revenue is forecast to grow to $6.0 billion in 2020, at a CARG 32.5% in the period. The future growth opportunities in the drone market are with the rapid adoption of drones in commercial segments, such as agriculture & forester, mapping/GIS, and power grid inspection.
While the cost of 3D printed packaging is high, many consumers of luxury products and high-value gifts are willing to pay the additional costs for personalized packaging designs, which will lead to a significant growth of the 3D printed packaging market in China in the next few years.
While the Chinese government stressed 'innovation' and 'entrepreneurship' as the themes to address the economic growth in next decades, solid progresses are expected to improve the country's innovation ecosystem.