Press release
Embedded Controllers Market Size & Share - Industry Trends and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Embedded Controllers” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Embedded controllers is a system component built on the device and performs all the necessary operations not performed by the processing unit. It helps in creating an energy saving system along with high processing power. Embedded controllers are an essential component of various industrial control systems. Increased deployments of embedded systems around the globe have increased the demand for embedded controllers during recent years.
Growing demand from various industry verticals such as manufacturing and transportation. Automotive sector has generated majority of demand for the embedded controllers. Embedded controllers provide the functionality, reliability and complexity required for an intelligent transport system. Special functions such as GPS and navigation, infotainment, security and remote access are enabled with the help of embedded controllers. In-vehicle gadget controlling is a challenging task for intelligent transportation systems, embedded controllers provide advanced control over these gadgets for enhanced performance. Furthermore, embedded controller market is anticipated to experience growing demand from stationary applications such as traffic lights and access systems installed within the public infrastructure. Smart city projects from the developing countries are projected to drive the embedded controllers market during the forecast period. Growing popularity of portable devices within the consumers is one the major driving factors for the embedded controllers market. Adoption of portable devices is expected to increase at a higher rate due to the ability of these devices to perform multiple functions. Tablets and smart phones are the most popular portable devices among the consumer segments. Furthermore, devices such as network modems, music systems, printers and computers have inbuilt embedded controllers. Real time operation along with compact size and reliability are the factors contributing to the growth of embedded controllers. Also, energy efficiency and safety are important features of the embedded controllers. With the help of these controllers applications can run independently even if they have lost their contact with the centralized controller or parent system. Inbuilt functionalities such as decentralized control and self-configuration are anticipated to increase the demand for embedded controllers across various industry verticals. Integration of advanced technologies with the help of improved R&D efforts provide tremendous growth opportunities for the embedded controllers market. Furthermore, developing countries from the Asia Pacific region could emerge as favored manufacturing destinations for embedded controllers due to the lower operational cost and wage structure.
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Edge analytics solutions could be deployed using two methods which are on-premise and cloud. Furthermore, industry verticals generating demand for edge analytics include IT and telecommunications, government, media and entertainment, manufacturing, healthcare, banking, financial services, and insurance (BFSI), retail and transportation. As enterprises are anticipated to adopt edge analytics, there are some restraining factors which they need to consider. Lack of operational standards related to the edge analytics could be responsible for safety and security issues within different technological environments. Changing the organizational analytics platform from centralized servers to edge analytics could be challenging for enterprises. Also, the whole technological structure of an enterprise must be considered before implementing edge analytics platform. Companies could be reluctant to implement such solutions due to the changes required.
Major players associated with the critical power market include SAP SE, Oracle Corporation, SAS Institute Inc. and Cisco Systems, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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