(MENAFN- PR Newswire) NEW YORK, Feb. 7, 2023 /PRNewswire/ -- The global embedded products market size is estimated to increase by USD 86.08 billion between 2022 and 2027. The market's growth momentum will accelerate at a CAGR of 6.3%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Discover some insights on market size before buying the full report
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Embedded products market – Vendor analysis
Vendor offerings -
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Technavio has announced its latest market research report titled Global Embedded products Market 2023-2027
Advantech Co. Ltd. - The company offers embedded products such as EPC S201, EPC S101, EPC S202, EPC T1215, and EPC T1217. Curtiss Wright Corp. -
The company offers embedded product solutions such as FPGA modules, GPU modules, and networking modules. Digi International Inc. -
The company offers embedded product solutions such as Digi XBee Ecosystem and Digi ConnectCore 8X Quad. EUROTECH Spa - The company offers embedded products such as BoltGATE 10 12, BoltGPU 10 31, DynaGATE 10 06, and BoltCOR 30 17. For details on vendors and their offerings – buy the report!
Vendor landscape –
The global embedded products market is fragmented , with the presence of several vendors. A few prominent vendors that offer embedded products in the market are Advantech Co. Ltd., AMETEK Inc., ARBOR Technology Corp., ASUSTeK Computer Inc., Axiomtek Co. Ltd., congatec GmbH, Curtiss Wright Corp., Digi International Inc., EUROTECH Spa, Fujitsu Ltd., Intel Corp., Kontron AG, NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Radisys Corp., SMART Global Holdings Inc., Super Micro Computer Inc., TechNexion Ltd., Texas Instruments Inc., and Toradex AG and others.
The global demand for smart and connected devices globally is creating opportunities for vendors, including new product innovations, enhanced reliability, and high product utilization. Hence, the competitive environment in this market is likely to intensify with an increase in technological innovations and product developments. Moreover, international players are likely to grow inorganically by acquiring regional or local players during the forecast period.
Embedded products market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria Adoption rates Adoption lifecycle Drivers of price sensitivity
Embedded products market - Segmentation assessment
Segment overview
Technavio has segmented the market based on application (consumer electronics, automotive, industrial, aerospace and defense, and others) and product (hardware and software).
The consumer electronics segment will account for a significant share of the global market during the forecast period. Embedded system manufacturers are creating highly-capable embedded boards such as COM and SBCs. These solutions help gaming equipment manufacturers achieve faster time-to-market. Embedded products are used in gaming applications such as video slot machines. The gaming industry uses encryption and decryption techniques to safeguard against hackers. This, in turn, will compel embedded board vendors to provide affordable hardware modules that can provide a level of security using proprietary solutions. Such factors will, in turn, drive market growth during the forecast period.
Geography overview
Based on geography, the global embedded products market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global embedded products market.
North America is estimated to account for 33% of the growth of the global market during the forecast period. The need for faster time-to-market, reduced manufacturing costs, and efficient management of complex control systems are driving the growth of the regional market. The US is a key market in North America, as the country is a global leader in research, product innovation, design, branding, marketing, and manufacturing of electronic consumer goods. Such factors are expected to increase the demand for embedded products in the region during the forecast period.
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Embedded products market – Market dynamics
Leading drivers -
The demand for smart appliances is driving the market growth. Electronic systems are being upgraded with improved technology. Smart appliances and other electronic systems communicate and interact with users via the Internet. Most modern electronic systems need ICs with embedded software to control the hardware functions. Smart grid technology uses automation to integrate the actions of the user and deliver sustainable and secure electricity. It also helps reduce electricity wastage. These factors will fuel the growth of the market during the forecast period.
Key trends -
The rise in the development of 5G-based embedded devices is a key trend in the market. Embedded product output is expected to improve considerably during the forecast period. With the incorporation of 5G, embedded goods used in smart video surveillance systems of automobiles will deliver quick response times. Moreover, 5G technology supports quick picture processing, which will help in overcoming the difficulties associated with industrial automation and smart farming. Therefore, embedded products supporting 5G infrastructure are expected to support the growth of the embedded product market during the forecast period.
Major challenges -
High energy consumption of compact embedded products
is challenging the global embedded products market growth. As embedded systems are highly compact, their design architectures are very complex. This, in turn, increases the consumption of energy in embedded products, which can affect the overall lifecycle of embedded products. Moreover, energy consumption increases with the rise in temperature, which negatively affects the overall performance of embedded products. Hence, the high energy consumption of compact embedded products is expected to hinder the growth of the market during the forecast period.
drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. find more insights in a sample report!
What are the key data covered in this embedded products market report?
CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the embedded products market between 2023 and 2027 Precise estimation of the size of the embedded products market and its contribution to the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the embedded products market across North America, APAC, Europe, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of embedded products market vendors
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| Embedded Products Market Scope |
| Report Coverage | Details |
| Page number | 178 |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 6.3% |
| Market growth 2023-2027 | USD 86.08 billion |
| Market structure | Fragmented |
| YoY growth 2022-2023
(%) | 6.0 |
| Regional analysis | North America, APAC, Europe, South America, and Middle East and Africa |
| Performing market contribution | North America at 33% |
| Key countries | US, China, Japan, Germany, and UK |
| Competitive landscape | Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
| Key companies profiled | Advantech Co. Ltd., AMETEK Inc., ARBOR Technology Corp., ASUSTeK Computer Inc., Axiomtek Co. Ltd., congatec GmbH, Curtiss Wright Corp., Digi International Inc., EUROTECH Spa, Fujitsu Ltd., Intel Corp., Kontron AG, NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Radisys Corp., SMART Global Holdings Inc., Super Micro Computer Inc., TechNexion Ltd., Texas Instruments Inc., and Toradex AG |
| Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by Application Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Exhibit 07: Executive Summary – Chart on Incremental Growth Exhibit 08: Executive Summary – Data Table on Incremental Growth Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global embedded products market 2017 - 2021 Exhibit 18: Historic Market Size – Data Table on Global embedded products market 2017 - 2021 ($ billion)
4.2 Application Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%) Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application Exhibit 33: Data Table on Comparison by Application
6.3 Consumer electronics - Market size and forecast 2022-2027 Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ billion) Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ billion) Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
6.4 Automotive - Market size and forecast 2022-2027 Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ billion) Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion) Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
6.5 Industrial - Market size and forecast 2022-2027 Exhibit 42: Chart on Industrial - Market size and forecast 2022-2027 ($ billion) Exhibit 43: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion) Exhibit 44: Chart on Industrial - Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
6.6 Aerospace and defense - Market size and forecast 2022-2027
Exhibit 46: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ billion) Exhibit 47: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ billion) Exhibit 48: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%) Exhibit 49: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027 Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Application
Exhibit 54: Market opportunity by Application ($ billion)
7 Market Segmentation by Product
7.1 Market segments
Exhibit 55: Chart on Product - Market share 2022-2027 (%) Exhibit 56: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 57: Chart on Comparison by Product Exhibit 58: Data Table on Comparison by Product
7.3 Hardware - Market size and forecast 2022-2027 Exhibit 59: Chart on Hardware - Market size and forecast 2022-2027 ($ billion) Exhibit 60: Data Table on Hardware - Market size and forecast 2022-2027 ($ billion) Exhibit 61: Chart on Hardware - Year-over-year growth 2022-2027 (%) Exhibit 62: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
7.4 Software - Market size and forecast 2022-2027 Exhibit 63: Chart on Software - Market size and forecast 2022-2027 ($ billion) Exhibit 64: Data Table on Software - Market size and forecast 2022-2027 ($ billion) Exhibit 65: Chart on Software - Year-over-year growth 2022-2027 (%) Exhibit 66: Data Table on Software - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Product
Exhibit 67: Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 69: Chart on Market share by geography 2022-2027 (%) Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison Exhibit 72: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027 Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027 Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027 Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027 Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027 Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion) Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion) Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027 Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion) Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion) Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027 Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027 Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ billion) Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%) Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027 Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion) Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion) Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 113: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
11 Vendor Landscape
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Advantech Co. Ltd.
Exhibit 120: Advantech Co. Ltd. - Overview Exhibit 121: Advantech Co. Ltd. - Business segments Exhibit 122: Advantech Co. Ltd. - Key offerings Exhibit 123: Advantech Co. Ltd. - Segment focus
12.4 AMETEK Inc.
Exhibit 124: AMETEK Inc. - Overview Exhibit 125: AMETEK Inc. - Business segments Exhibit 126: AMETEK Inc. - Key offerings Exhibit 127: AMETEK Inc. - Segment focus
12.5 Curtiss Wright Corp.
Exhibit 128: Curtiss Wright Corp. - Overview Exhibit 129: Curtiss Wright Corp. - Business segments Exhibit 130: Curtiss Wright Corp. - Key news Exhibit 131: Curtiss Wright Corp. - Key offerings Exhibit 132: Curtiss Wright Corp. - Segment focus
12.6 Digi International Inc.
Exhibit 133: Digi International Inc. - Overview Exhibit 134: Digi International Inc. - Business segments Exhibit 135: Digi International Inc. - Key offerings Exhibit 136: Digi International Inc. - Segment focus
12.7 EUROTECH Spa
Exhibit 137: EUROTECH Spa - Overview Exhibit 138: EUROTECH Spa - Business segments Exhibit 139: EUROTECH Spa - Key offerings Exhibit 140: EUROTECH Spa - Segment focus
12.8 Fujitsu Ltd.
Exhibit 141: Fujitsu Ltd. - Overview Exhibit 142: Fujitsu Ltd. - Business segments Exhibit 143: Fujitsu Ltd. - Key news Exhibit 144: Fujitsu Ltd. - Key offerings Exhibit 145: Fujitsu Ltd. - Segment focus
12.9 Intel Corp.
Exhibit 146: Intel Corp. - Overview Exhibit 147: Intel Corp. - Business segments Exhibit 148: Intel Corp. - Key news Exhibit 149: Intel Corp. - Key offerings Exhibit 150: Intel Corp. - Segment focus
12.10 Kontron AG
Exhibit 151: Kontron AG - Overview Exhibit 152: Kontron AG - Business segments Exhibit 153: Kontron AG - Key offerings Exhibit 154: Kontron AG - Segment focus
12.11 NVIDIA Corp.
Exhibit 155: NVIDIA Corp. - Overview Exhibit 156: NVIDIA Corp. - Business segments Exhibit 157: NVIDIA Corp. - Key news Exhibit 158: NVIDIA Corp. - Key offerings Exhibit 159: NVIDIA Corp. - Segment focus
12.12 NXP Semiconductors NV
Exhibit 160: NXP Semiconductors NV - Overview Exhibit 161: NXP Semiconductors NV - Product / Service Exhibit 162: NXP Semiconductors NV - Key news Exhibit 163: NXP Semiconductors NV - Key offerings
12.13 Qualcomm Inc.
Exhibit 164: Qualcomm Inc. - Overview Exhibit 165: Qualcomm Inc. - Business segments Exhibit 166: Qualcomm Inc. - Key news Exhibit 167: Qualcomm Inc. - Key offerings Exhibit 168: Qualcomm Inc. - Segment focus
12.14 Radisys Corp.
Exhibit 169: Radisys Corp. - Overview Exhibit 170: Radisys Corp. - Product / Service Exhibit 171: Radisys Corp. - Key offerings
12.15 SMART Global Holdings Inc.
Exhibit 172: SMART Global Holdings Inc. - Overview Exhibit 173: SMART Global Holdings Inc. - Business segments Exhibit 174: SMART Global Holdings Inc. - Key news Exhibit 175: SMART Global Holdings Inc. - Key offerings Exhibit 176: SMART Global Holdings Inc. - Segment focus
12.16 Super Micro Computer Inc.
Exhibit 177: Super Micro Computer Inc. - Overview Exhibit 178: Super Micro Computer Inc. - Business segments Exhibit 179: Super Micro Computer Inc. - Key offerings Exhibit 180: Super Micro Computer Inc. - Segment focus
12.17 Texas Instruments Inc.
Exhibit 181: Texas Instruments Inc. - Overview Exhibit 182: Texas Instruments Inc. - Business segments Exhibit 183: Texas Instruments Inc. - Key news Exhibit 184: Texas Instruments Inc. - Key offerings Exhibit 185: Texas Instruments Inc. - Segment focus
13 Appendix
13.2 Inclusions and exclusions checklist
Exhibit 186: Inclusions checklist Exhibit 187: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 188: Currency conversion rates for US$
13.4 Research methodology
Exhibit 189: Research methodology Exhibit 190: Validation techniques employed for market sizing Exhibit 191: Information sources
13.5 List of abbreviations
Exhibit 192: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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