Embedded Systems Market Key Players, Growth And Forecast 2027
Summary:
A new study title “Embedded
Systems market size, status and forecast 2027” has been featured on
market research future.
Market Overview:
The Global Embedded Systems Market is
expected to register a CAGR of 5.8% during the forecast period
of 2019–2025.
There are various factors contributing to the growth of the global embedded
systems market such as rising automation in various industrial verticals such
as food & beverages, oil & gas, automotive and pharmaceuticals.
Moreover, embedded systems are small in size, consume low power, and perform
the specific task for which these are developed; these benefits are expected to
drive the growth of the market.
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Key Players:
MRFR recognizes the key players in the Global Embedded
Systems Atmel
Corporation (US), Intel Corporation (US), Texas Instruments (US), Infineon
Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), Microsoft
Corporation (US), Samsung Electronics Corporation (South Korea), Renesas
Electronics Corporation (Japan), Analog Devices Inc.(US), Kontron AG (Germany),
Advantech Co., Ltd. (Taiwan), ARM Limited (UK), Fujitsu Limited (Japan),
Microchip Technology Inc. (US), Xilinx, Inc. (US), and STMicroelectronics
(Switzerland).
Segments:
The Global Embedded
Systems Market has been segmented based on Type Microcontroller Performance, Functionality, Application,
and Region.
By type, the market has been segmented
hardware and software.
By microcontroller performance, the
market has been segmented into small-scale embedded systems, medium-scale
embedded systems, large-scale embedded systems.
By functionality, the market has been
segmented into stand-alone embedded systems, real-time embedded systems, mobile
embedded systems, and networked embedded systems.
By application, the market has been
segmented into automotive, telecommunication, healthcare, industrial, consumer
electronics, military & aerospace, and others
By region, the market has been
segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis:
The
Global Embedded Systems Market is estimated to grow at a significant
rate in the future. The geographical analysis of the embedded systems
market has been done for North America, Europe, Asia-Pacific, and the rest of
the world.
North
America accounted for the largest share in 2018 for the global embedded
systems market. North America is one of the developed regions which has
large scale industries which require the embedded systems to perform a number
of tasks. Moreover, the rising disposable income among the individuals is
contributing to the growth of the market as consumers are increasingly
demanding smart appliances.
Europe
accounts for the second-largest market share in the embedded systems market due
to the presence of companies such as Infineon Technologies AG, NXP
Semiconductors N.V. Kontron AG, and others. These companies offer various
embedded systems to the telecom, military & defense, consumer electronics,
and other industries. Germany accounts for the largest market share in the
region due to the presence of various automotive, electronics, and consumer
goods industries. Moreover, the rising demand for smart homes and appliances is
also contributing to the growth of the market.
Asia-Pacific
is expected to be the fastest-growing region during the forecast period due to
the increasing demand for consumer electronics, home appliances, IoT devices,
and others. The advancement of technology has reduced manual work and improved
the overall functionality and performance of the work. Additionally, the
presence of large and medium-size manufacturers of the embedded systems in the
market such as Fujitsu Limited, Advantech Co., Ltd, Renesas Electronics
Corporation and others, offering different types of embedded systems to various
industry verticals such as telecom, healthcare, consumer electronics, and
others is expected to drive the market. Additionally, the increasing demand for
IoT devices associated with smart factories, smart homes, and smart cities are
also fueling the growth of the market in the region. China accounts for the
largest market share in the region for the embedded systems market due to the
increasing demand for electric vehicles, production of mobile phones,
development in the telecom industry and other investments made by the private
and the public sector in the semiconductor market. Moreover, Asia-Pacific is
also expected to be the fastest-growing region for the embedded systems market.
The
rest of the world is expected to be growing at a significant CAGR during the forecast
period due to increasing investments made by the government and companies for
the development of advanced technology in the region. Further, the region has
been segmented into South America and the Middle East & Africa
region.
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