Report Format: PDF
Published Date: Oct-2018 | 188 Pages | Report ID: VSR001286
Global Embedded Systems Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.6 % from 2018 to 2025. In 2017, the global market valuation was USD 153.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Embedded systems are application-specific devices intended to satisfy the demands of their target scheme. The worldwide market is projected to drive increasing demand for appliances like intelligent energy meters over the forecast era. This is primarily due to the fact that these devices include integrated systems to guarantee exact and requested functionality.
Due to energy efficiency efforts at worldwide level and therefore boosting the embedded system market, demand for smart meters is anticipated to continue rising over the forecast period. The market is also anticipated to benefit from technical advances and lower micro-controller prices during the forecast period. Embedded systems are in use in various end-use sectors, which is anticipated to boost market growth for the next six years as a consequence of the growing demand from fields of implementation such as health and consumer electronics. Geographically, North American market of embedded systems is expected to witness high growth in forecast period.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global embedded systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global embedded systems market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global embedded systems market has been segmented into hardware and software. Among which embedded hardware segment has accounted for largest share in the global market of embedded systems. It comprises mainly of microprocessors, digital signal processors, microcontrollers, etc. They are also available. The embedded software includes the OS, instruments and middleware. Embedded systems are subject to real-time limitations because they are used for several critical safety reasons. This resulted in the requirement for effective application-custom software.
By Application Insights: On the basis of application, global embedded systems market has been segmented into automotive, telecommunication, healthcare, industrial, consumer electronics, military & aerospace. Automotive segment has accounted for largest share and is expected to maintain its dominance over the forecast period. Embedded systems are used in the automotive industry, among other things, for engine control, infotainment and security. The market in this segment is anticipated to grow with increasing demand for cars with efficient navigation and car-to-road communication capacities. Moreover, increased penetration of EVs and HEVs to ensure emissions control is expected to drive built-in system consumption. Increased penetration of the Evaluators is also estimated.
Regional Analysis
The embedded systems market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the latest years, North America has been the biggest regional market; its leadership position over the forecast period is anticipated to continue. The large amount of qualified experts engaged in the creation of software for embedded systems in the area has made that possible.
Asia-Pacific is also an important market player for embedded systems worldwide, and over the forecast period, is likely to continue to be one of the most profitable regional markets. In nations like South Korea, China and Taiwan, the auto and consumer electronic industry implements advanced integrated systems on a large scale. As a consequence, there will probably be a further increase in demand for embedded systems in the region. Europe is anticipated to dominate the global embedded systems market over the projected period. The element that supports market growth in Europe are the government-applied laws and laws combined with standardization in the semiconductor and automation industry, which have a positive impact on the business.
Global Embedded Systems Market Size, Share Analysis by Region 2017
Global Embedded Systems Market Study Objective
1. To forecast the market size of embedded systems market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of embedded systems market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of embedded systems market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of embedded systems market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the embedded systems market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Samsung Electronics Corporation, Renesas Electronics Corporation, Infineon Technologies, Freescale Semiconductor, Fujitsu, Atmel Corporation, Microchip Technologies, STMicroelectronics, and Texas Instruments are some of the key players in the market of embedded systems.
Global Embedded Systems Market Study Report Offer You!
The global embedded systems market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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