Sensors, Haptics & Displays

Thursday 12 September 2024 - How Is Critical Material Recovery Unlocking a Multi-Billion Dollar Market? Introduction to critical materials and key application markets; Critical material sources and why secondary material streams are rapidly emerging; Critical material recovery technology trends and their application in secondary sources; Valuable lessons to learn from established critical platinum group metal and semiconductor recovery; IDTechEx's outlook and conclusions on emerging critical material recovery markets and key growth opportunities.

The brain computer interface market represents an array of technologies which can decode neural signals, or in other words, read minds. Electrodes or sensors can be placed either on the surface of the head, within the skull, or even within the brain itself to record brain activity. This data can then be used for cursor and keyboard control, speech decoding, and even exo-skeletons. This technology has the potential to revolutionize the quality of life for people living with spinal cord injury, quadriplegia, and other motor and speech function impairments.

End-of-life equipment from automotives, electric vehicles, e-waste and decarbonized energy technologies are rapidly emerging secondary raw material sources for valuable critical materials. A new report from IDTechEx forecasts that US$110B of critical materials will be recovered annually from secondary sources by 2045, with a combined weight of over 3.3 million tonnes.

Photonic Integrated Circuits are photonic circuits formed on a semiconductor material that allows light to pass through it, such as silicon dioxide, also known as Silica (or Glass). These photonic circuits contain components for manipulating light passing through the circuit, enabling functionalities such as data transmission, sensing, and processing within a compact form factor. PICs are fundamentally altering how we manage and utilize optical signals, paving the way for advancements across multiple industries.

IDTechEx projects that the combined market for optical and radio-frequency metamaterials will reach US$15 billion by 2034. This article will delve into the key applications driving the expansion of the Radio-Frequency (RF) metamaterial market.

Quantum technology exists in unsuspecting places, including cameras, computers, and smartphones. While quantum technology research has existed in various forms for over a hundred years, the 21st century saw an increased effort toward commercialization, and the market segments of quantum sensing, quantum computing, and quantum communications emerged.

The Paris 2024 Olympic Games are underway, and elite athletes from all over the world are competing in various games using a range of different skills. With constant debate over gold, silver, and bronze medals, a comparison can be made with the conductive inks market. Silver flake-based inks are set to win gold in a number of different application areas, beating out competition from a host of conductive ink types.

By 2044, it is expected that the global trucking fleet will be supported by an additional half a million L4 autonomous drivers, while the remaining drivers will either act as supervisors or work in less developed regions. The autonomous truck industry is projected to have an annual growth rate of 25.6% over the next 20 years.

IDTechEx expects the printed and flexible sensor market to reach US$960 million by 2034, with a compound annual growth rate of 8.6%. Being connected to infrastructure systems or partnering with suppliers and distributors will help printed sensors take off, alongside their ability to be available at scale, robust, and have long product lifetimes.

Future mobility will be electric, autonomous, and increasingly interconnected. As a result, many new enabling technologies are now clambering to enter the automotive value chain. In recent years, there has been a surge of support for quantum technologies to enter the race.