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Global Embedded Systems Market
Data Bridge market Research analyses that the embedded systems market was valued at USD 91.86 billion in 2021 and is expected to reach USD 148.64 billion
PUNE, MAHARASHTRA, INDIA, August 4, 2022 /EINPresswire.com / -- Data Bridge Market Research analyses that the embedded systems market was valued at USD 91.86 billion in 2021 and is expected to reach USD 148.64 billion by 2029, registering a CAGR of 6.20% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Embedded Systems Market report offers a comprehensive valuation of the global market. It does so via in-depth comprehensions, appreciative market growth by following historical developments, and analyzing the present situation and future forecasts next seven years based on progressive and likely states of Embedded Systems industry. Embedded Systems research report assists as a depository of analysis and data for every side of the industry, including but unlimited Regional output, types, applications, emerging technology developments and the competitive landscape.
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Market drivers and market restraints covered in the persuasive Embedded Systems business report aids businesses in getting idea about the production strategy. This market report contains categorization by companies, region, type and end-use industry. Competitive analysis also puts light on the various strategies used by major players of the market which range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and many others that leads to increase their footprints in this market. Market insights obtained with this comprehensive Embedded Systems market research report considers all the aspects of current and future market.
“Product definition”
Processors, controllers, input-output devices, clocks, external peripheral devices, and other hardware and software modules make up an embedded system, which stores and manages the core machine operation. This serves the intended purpose and is integrated into the larger electrical or mechanical system.
Competitive Analysis:
The embedded systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to embedded systems market.
Some of the major players operating global Embedded Systems market are
Intel Corporation (US)
Texas Instruments Corporation (US)
Infineon Technologies AG (Germany)
NXP Semiconductors (Netherlands)
Microsoft (US)
SAMSUNG (South Korea)
Renesas Electronics Corporation (Japan)
Analog Devices Inc. (US)
Kontron AG (Germany)
Advantech Co., Ltd. (Taiwan)
ARM Limited (UK)
FUJITSU (Japan)
Microchip Technology Inc. (US)
Xilinx, Inc. (US)
STMicroelectronics (Switzerland)
Broadcom (US)
Cypress Semiconductor Corporation (US)
Qualcomm Technologies, Inc. (US)
Marvell (US)
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Segmentation: Embedded Systems Market
Hardware
Microcontrollers
Application-Specific Integrated Circuits (ASIC)
Power Management Integrated Circuits (PMIC)
Microprocessors
Field-Programmable Gate Arrays (FPGA)
Digital Signal Processors (DSP)
Memories
Embedded systems market on the basis of hardware has been segmented as microcontrollers, application-specific integrated circuits (ASIC), power management integrated circuits (PMIC), microprocessors, field-programmable gate arrays (FPGA), digital signal processors (DSP), and memories. Microcontrollers have been further segmented into 8-bit microcontrollers, 16-bit microcontrollers, and 32-Bit Microcontrollers. Microprocessors have been further segmented into 8-bit microprocessors, 16-bit microprocessors, and 32-bit microprocessors. Memories have been further segmented into volatile memories, and non-volatile memories.
Software
Operating Systems
Middleware
Based on software, embedded systems market has been segmented into operating systems, and middleware.
System Size
Small-Scale Embedded Systems
Medium-Scale Embedded Systems
Large-Scale Embedded Systems
On the basis of system size, embedded systems market has been segmented into small-scale embedded systems, medium-scale embedded systems, and large-scale embedded systems.
Functionality
Real-Time Embedded Systems
Standalone Embedded Systems
Based on functionality, embedded systems market has been segmented into real-time embedded systems, and standalone embedded systems.
Application
Automotive
Communication
Consumer Electronics
Energy
Industrial
Healthcare
Aerospace and Defence
On the basis of application, embedded systems market has been segmented into automotive, communication, consumer electronics, energy, industrial, healthcare, aerospace and defence.
Type
AI-Based Embedded Systems
Non-AI Based Embedded Systems
Embedded systems has also been segmented on the basis of type into AI-based embedded systems, and non-AI based embedded systems.
Embedded Systems Market Regional Analysis/Insights
The embedded systems market is analysed and market size insights and trends are provided by country, hardware, software, system size, functionality, application and type as referenced above.
The countries covered in the embedded systems market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
North America dominates the embedded systems market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for connected and smart devices and various manufacturing companies in this region. Additionally, the increase in adoption of internet of things (IoT) technology will propel the market's growth rate in this region.
Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period of 2022 to 2029 due to the growing number of applications in various industries, including transportation, energy, healthcare and others in this region.
Embedded Systems Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Rising demand for ADAS in electric vehicles and hybrid vehicles
The automotive sector is being redesigned, and embedded systems are playing an essential role. These systems are employed in electric and hybrid vehicles' ADAS technology. The embedded system industry has grown due to a rise in demand for electric vehicles and hybrid automobiles as people become more aware of the environment's depletion.
Surging demand for devices such as smart electricity meters
Over the projected period, the global market is likely to be driven by rising demand for devices such as smart power meters. This is due to the fact that these gadgets utilize embedded systems to ensure precise and desired functionality. Other important reasons driving the growth of the embedded systems market are the rising demand for smartphones, laptops, desktops, communications systems, and other devices around the world.
Opportunities
Rise in research and development activities
Increasing number of research and development activities and surging technological advancement will boost new market opportunities for the market's growth rate. Over the projected period, ongoing research and development to introduce smarter and energy-efficient electronic gadgets is expected to positively impact the growth of the worldwide embedded systems market.
Introduction of 5G and development of 5G based embedded devices
The embedded system industry is likely to benefit from the introduction of 5G technology. Due to the integration of 5G in their architecture, embedded devices used in smart video surveillance systems for automobiles provide quick reaction rates.
Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market's growth rate.
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Restraints/ Challenges Global Embedded Systems Market
Vulnerability of embedded systems to cyber threats and security breaches
The security of embedded devices is one of the primary factors that has slowed the market's growth. Military forces, banks, data centers, and healthcare institutions all rely on embedded devices, including memory to store information that could be essential. As a result, cyber risks and security breaches must be avoided at all costs.
On the other hand, the high energy consumption of compact embedded systems will hinder the embedded systems market growth rate. The negative impact of COVID-19 outbreak on supply chain and lack of awareness will act as market restraint and further challenge the market growth rate.
Embedded Systems Market Data Sources and Implied Research Methodology
PRIMARY RESEARCH: Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
SECONDARY RESEARCH: Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts start to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
How Does this Embedded Systems Market Insights Help?
Embedded Systems Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
The Key parameters which are driving this market and restraining its growth
What all challenges manufacturers will face as well as new opportunities and threats faced by them
To learn about the market strategies that are being adopted by your competitors and leading organizations
To Increase insightful analyses of the market and have a comprehensive understanding of the“Embedded Systems Market” and its commercial landscape
Table of Content: Global Embedded Systems Market Research Report 2022-2029
Chapter 1: Embedded Systems Market Overview
Chapter 2: Embedded Systems Market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2022-2029)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2022-2029)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Embedded Systems Market Analysis by Application
Chapter 8: Embedded Systems Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Embedded Systems Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Embedded Systems Market Effect Factors Analysis
Chapter 12: Embedded Systems Market Forecast (2022-2029)
Chapter 13: Appendix
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Queries Resolved In This Report:
Which will be the specialties at which Embedded Systems Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
Which will be the foreseen development rates for your own Embedded Systems economy out and out and furthermore for each portion inside?
Which will be the Embedded Systems application and sorts and estimate joined intently by makers?
Which will be the dangers which will attack growth?
The length of the global Embedded Systems market opportunity?
How Embedded Systems Market share advance vacillations their value from various assembling brands?
WHO SHOULD BUY THE GLOBAL EMBEDDED SYSTEMS REPORT?
People looking to enrich the decision-making capability by following points must buy the report:
Breakdown of market share of the top Embedded Systems industry players
Evaluations of market share for the regional and country level sectors
Estimation of Embedded Systems market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
Tactical recommendation for the newbies
Tactical recommendation in primary business industries based on the Embedded Systems market forecast
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Data Bridge Market Research
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