The embedded system market is projected to grow from USD 86.5 billion in 2020 to USD 116.2 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025.
Key factors fuelling the growth of this market
include an increase in the number of research and development activities
related to embedded systems, rise in demand for advanced driver-assistance
systems (ADAS) and electro mobility solutions for electric vehicles and hybrid
vehicles, increase in demand for portable devices such as wearable’s, and rise
in the use of multicore processors in military applications.
Download
Free PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=98154672
The microcontrollers segment
accounted for the largest share of the embedded system market in 2019
In 2019, the microcontrollers segment accounted for the largest
share of the embedded system hardware market. The growth of this segment can be
attributed to the increased use of microcontrollers in implantable medical
devices, automobile engine control systems, microwave ovens, washers and
dryers, security systems, office machines, remote controls, power tools,
appliances, and toys. The demand for microcontrollers is continuously
increasing owing to automation in different industries, adoption of IoT in a
number of verticals, rise in the global demand for secured applications, and
increase in demand for low energy consumption devices.
The middleware segment accounted
for a large share of the embedded system market in 2019
Among software, the middleware segment accounted for a large
share of the embedded system market in 2019. Middleware are of two types,
namely, general-purpose and market-specific. General-purpose middleware can be
used in networking protocols below the application layer and above the device
driver layer of open system interconnection (OSI) models or even virtual
machines (VM) such as Java virtual machine (JVM). The growing requirement of
application-specific embedded systems that have low power consumption and offer
high interoperability is likely to fuel the growth of the market for middleware
used in embedded systems.
The real-time embedded systems
segment accounted for a large share of the embedded system market in 2019
The real-time embedded systems segment accounted for a large
share of the embedded system market in 2019. Real-time embedded systems are
used in applications that require a high responsiveness rate. Network embedded
systems are kind of real-time embedded systems that use LAN, WAN, or the
Internet to access the resources and perform given tasks. They can have either
wired or wireless connections. The growing incorporation of IoT in various
devices, smart environments, and platforms is one of the factors driving the demand
for real-time embedded systems. Moreover, ongoing advancements in sensors and
actuators used for industrial automation, energy distribution, transportation,
telecommunication networks, and healthcare applications are also driving the
demand for real-time embedded systems globally.
The medium-scale embedded
systems segment accounted for the largest share of the embedded system market
in 2019
The medium-scale embedded systems segment accounted for the
largest share of the embedded system market in 2019. Medium-scale embedded
systems are used for packet processing in network switches and routers and data
processing in ultrasonic sensors. These systems form a major part of network
and communication applications owing to their excellent power handling capacities.
The increasing requirement of fast processing of embedded systems and efficient
power consumption are key factors leading to the growing demand for 16-bit and
32-bit microcontrollers. Based on the number of threads and memory
requirements, embedded devices commonly use either 16-bit microcontroller or
32-bit microcontroller architectures or a combination of both. These factors
are leading to an increased global demand for medium-scale embedded systems.
Among industries, the
communication segment accounted for the largest share of the embedded system
market in 2019
The communication segment accounted for the largest share of the
embedded system market in 2019. Embedded systems are used in routers, Ethernet
devices, wireless infrastructures, and protocol converters for high-speed data
transfer to support the expanding communication infrastructures. Embedded
hardware such as FPGA and ASIC are being used in various network and telecom
applications. Telecom providers often integrate hard IP for interfaces such as
peripheral component interconnect (PCI) Express, 100G Ethernet, and DDR3/4 for
high-speed data transfer using embedded hardware such as FPGA. Moreover,
technologies such as eASIC, which are cost-effective and meet power targets,
are increasingly used in radio access network (RAN) equipment.
APAC accounted for
the largest share of the embedded system market in 2019
APAC accounted for the largest share of the embedded
system market in 2019. The growing per capita income and ongoing large-scale
industrialization and urbanization are factors driving the growth of the
embedded systems market in this region. In addition, the availability of
low-cost electronic products in APAC is expected to contribute to an increased
demand for microprocessors and microcontrollers in the region. The rising use
of autonomous robots and embedded vision systems is also projected to lead to
an increased demand for embedded system hardware such as microprocessors and
controllers for use in industrial applications in APAC.
Request
Free Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=98154672
Key Market Players
Intel (US), STMicroelectronics (Switzerland),
Renesas (Japan), Microchip (US), NXP Semiconductors (Netherlands), Texas
Instruments (US), Qualcomm (US), Cypress Semiconductors (US), Infineon
Technologies (Germany), and Analog Devices (US).
No comments:
Post a Comment