This can be mitigated to a large degree through the implementation of modern low-energy consumption embedded systems and low performance controller applications. These systems are now equipped with customizable rich features and are thus gaining popularity globally.
This report includes a detailed competitive scenario and the product portfolio of key vendors. The global embedded systems market was esteemed at USD They can be designed for specific applications in each field and can thus fulfil specialized purposes.
To request a sample copy or view summary of this report, click the link below: The primary factor responsible for the current growth pattern in this market is the fast-increasing number of applications for embedded systems in the automotive industry. Real time applications impose a very high strain on embedded systems that are already restricted by regulatory concerns over cooling, weight, power, size, and reliability.
Asia Pacific held the second place in the top revenue generating regions for embedded systems players in and is expected to retain its position till This can be attributed to the high electronic content in automotives coupled with growing focus on Hybrid Electric Vehicles HEV for energy efficiency.
Net Revenue Share, By Geography, Research Methodology We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Regionally, North America held the dominant share in the global embedded systems market in due to the high demand for smart devices and the consistent demand for technological innovations and the adoption of advanced solutions.
This can be attributed to increasing adoption of smart vehicles to offer effective navigation capability and car-to-road communication.
The requirement for smart meters is expected to grow significantly over the forecast period, on the basis of energy efficiency policies, thus giving impulsion to the market growth. Competitive Insights The global embedded systems market comprises a large number of players, divided on the basis of their product offering.
Embedded software includes middleware tool and operating system OS. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings.
Additionally, the report includes the study of opportunities available in the embedded systems market on a global level. A large chunk of the total revenue obtained by players in the global embedded systems market is expected to come from North America.
Embedded systems is a field derived through a combined study of software and hardware. Increasing economic growth of emerging nations such as Brazil, Taiwan, China, India and Russia are anticipated to adopt new technologies, which in turn, drive industry growth.
Application Insights Automotive applications covered over In addition, acceptance of IoT in near future is anticipated to positively impact the industry growth. Rise in demand for portable as well as handheld medical devices such as vital sign monitoring system is expected to surge the global demand.
Among the various types of smart devices enjoying steady demand, smart electricity meters are expected to be a major application segment of the global embedded systems market in the coming years.
The demand for smart meters is expected to continue increasing over the forecast period, on account of energy efficiency initiatives on a global level, thus giving impetus to the embedded systems market. Major players in the embedded system market have invested significantly in developing systems that offer latest technology-based advanced functionality.
In addition, it offers improved data analytics that mainly functions on advanced embedded systems. Furthermore, shifting focus towards hybrid electric vehicles HEV and electric vehicles EV to control emission is estimated to fuel embedded system market growth. Key segments of the Global Embedded Systems Market:The global embedded system market is primarily driven by factors such as increasing demand for embedded systems with multi-core technologies and embedded graphics and escalating demand for embedded systems in the automobile industry.
The global Embedded System Market was worth USD billion in the year of and is expected to reach approximately USD billion bywhile registering itself at a compound annual. Global Embedded System Market: Snapshot.
The applications of embedded systems have increased drastically over the past years, especially in the automotive killarney10mile.comon: State Tower, 90 State Street, SuiteAlbany, The report is titled ‘Embedded System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast - ’ and is available for sale on the official website of killarney10mile.coming to the report, the global embedded systems market was valued at US$ bn in Exhibiting a sturdy % CAGR between andthe market is expected to reach a valuation of US$ bn.
Global embedded systems market expected to reach approximately USD billion ingrowing at a CAGR of slightly above % between and Embedded system is a device that consists of computer software and hardware.
Embedded systems are used in several end-use industries including consumer electronics and healthcare is expected to drive market growth over the forecast period.
The global embedded systems market was esteemed at USD billion inand is anticipated to achieve USD billion byrising at a CAGR of % from toDownload