IDTECHEX NEWSROOM (9 press releases)
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PRESS RELEASE -- 8, January 2025
(IN BRIEF) While electronics have significantly advanced in speed, size, and capability, the form factor—mainly consisting of components on circuit boards in a box—remains largely unchanged. The growing demand for faster, smaller, and more capable devices presents a significant opportunity …
Read the full press release →PRESS RELEASE -- 12, December 2024
(IN BRIEF) A new report by IDTechEx, “Quantum Computing Market 2025-2045: Technology, Trends, Players, Forecasts,” projects the quantum computing market to exceed $10 billion by 2045, growing at a 30% CAGR. Quantum computing is gaining traction through increased investments, commercial …
Read the full press release →PRESS RELEASE -- 19, November 2024
(IN BRIEF) A new report from market intelligence firm IDTechEx, Electric Light Commercial Vehicles 2025-2045: Markets, Players, Forecasts, predicts significant growth for electric light commercial vehicles (eLCVs), forecasting sales to surpass 11 million units by 2045. The report highlights how …
Read the full press release →PRESS RELEASE -- 15, November 2024
(IN BRIEF) A report by IDTechEx forecasts that nearly 25% of planes sold in 2045 will be battery-electric, despite challenges like battery weight, limited range, ownership costs, and variable carbon reduction depending on energy grid sources. Current batteries are 40 …
Read the full press release →PRESS RELEASE -- 10, October 2024
(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by …
Read the full press release →PRESS RELEASE -- 9, October 2024
(IN BRIEF) Thermal cameras have been a part of automotive technology for 25 years, with 1.2 million vehicles equipped with thermal LWIR camera technology, representing only 0.08% of the estimated 1.5 billion vehicles on the road globally. According to market …
Read the full press release →PRESS RELEASE -- 4, October 2024
(IN BRIEF) In 2024, the trucking industry has made significant strides in commercializing autonomous driving technology to address challenges like high operational costs, driver shortages, and safety concerns. The global trucking fleet is expected to incorporate an additional 500,000 Level …
Read the full press release →PRESS RELEASE -- 25, September 2024
(IN BRIEF) The commercialization of autonomous buses and roboshuttles has faced delays, with progress falling short of expectations from 2022 to 2024. While these technologies promise cost savings and reduced labor pressures for operators, the number of active companies in …
Read the full press release →PRESS RELEASE -- 24, September 2024
(IN BRIEF) The brain-computer interface (BCI) market is expanding rapidly, with companies developing both invasive and non-invasive solutions for communication, mobility, and device control. While Elon Musk’s Neuralink has garnered significant attention, it faces competition from several established players like …
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