Computer Engineering Market Scope Analysis and Top Key Players: Airbus, Apple, BMW Group, GE, General Motors, Samsung Electronics, Tesla, Toyota Motor Corporation, Volkswagen AG

Computer Engineering market is driven by increasing government funding in technology projects, and increasing political stability. Growing production of electronic systems for applications such as automotive, industrial, medicine and communications is creating opportunities for the industry. With rapidly expanding technology sector, regional manufacturing of semiconductors is taking pace. Increasing government and corporate spending on information & telecommunication technology (ICT) infrastructure is expected to bode well for the industry. This will encourage the semiconductor manufacturers to implement newer technologies such as electronic design automation to increase productivity and efficiency, thus propelling the market growth. The global Computer Engineering Market is set to exceed USD 2.5 trillion by 2024.

Growth of IoT and rise in the usage of wearable technology such as smartwatches will likely push the microelectronic component demand in the computer engineering market. The technology is broadly being implemented for airbag systems in the automotive industry owing to the government regulations related to driving and growing fears for passenger safety. With automobiles, conventional & electrical, becoming more advanced and needing continuous connection to the internet, the demand for ICs will increase. In addition, rise in the inclination of patients towards smart home facilities which are helping reduce the healthcare costs will help generate for demand microelectronic component, thereby providing an impetus to the computer engineering industry over the forecast timespan.

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Computer engineering market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

By Product Functionality

• Personal Computer
• Server Computer Hardware
• Supercomputers
• Built-in Computer
• Mobile Computer Hardware
• Microelectronic Components

By Application

• Automotive
• Communication System
• Industrial
• Medicine
• Consumer Computer Equipment

The computer engineering market growth is being driven by its use in automotive and consumer computer equipment. A significant increase in the number of connected devices is being witnessed owing to the rapid growth of consumer electronics in emerging economies and the burgeoning demand for smartphones and tablets. Major vendors are emphasizing on improving designing, development/manufacturing and testing solutions as key differentiators for the market expansion. The implementation of ATE in several automotive and consumer electronics manufacturing companies is helping in enhancing the product performance capability, the speed of operation, reducing the cost of the devices.

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Rapid industrialization and urbanization has led to the improvement of economic conditions. Certain growing economies in Asia Pacific such as India, Thailand, and South Korea have exhibited a rapid shift in their economy and an overall GDP growth. For instance, India and China noted a GDP growth of over 7% in 2015. This has resulted in the betterment of living conditions and an increase in the disposable income per household, leading to an increase in the expenditure on luxury goods and high-quality technology. Declining costs of service plans and rapid increase in the volume of cheaply manufactured smartphones & tablets are the major factors driving the uptake of computer engineering market across Asia Pacific.

Key vendors in the computer engineering market comprise Advantest, ADVINT - Advanced Integration, LLC,ANSYS, Inc., ARM Holdings, LP, Astronics Corporation, Autodesk, Averna, Cadence Design Systems, Cavium Inc, Cobham, Cypress Semiconductor Corporation, Dassault Systèmes, FTDI Chip, Infineon Technologies, Intel Corporation, Lattice Semiconductor, Marvin Test Solutions, Maxim Integrated, Mentor Graphics, Microchip Technology Inc., Microsemi Corporation, National Instruments, NVIDIA,NXP Semiconductors, PTC,Rohde & Schwarz, SolidCAM, SPEA, STAr Technologies, Inc.,STMicroelectronics ,LinkedIn, TSMC, Teradyne, Texas Instruments, Xcerra Corporation, Xilinx, Zuken

Browse key industry insights spread across 350 pages with 118 market data tables & 93 figures & charts from the report, “Computer Engineering Market - 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/computer-engineering-market

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