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Embedded Systems Market Emerging Trends and Competitive Landscape Forecast To 2026 |Atmel Corporation, Texas Instrument, NXP Semiconductors, and Microsoft Corporation.
Europe embedded systems market will witness a growth rate of 5% during the period of 2020-2026. Increasing number of intensive care residents have impelled the demand for telemedicine in Germany. This factor along with rising adoption of advanced technologies in vehicles are facilitating the business scenario in Europe.Increasing sales of electric & hybrid vehicles in emerging economies in order to control emission rates are also fostering the demand for embedded systems across the globe. According to estimates, embedded systems market is expected to cross USD 160 billion by the year 2026.Application of embedded systems in healthcare sector is also stimulating the industry outlook. Embedded systems are used in healthcare in several imaging systems such as MRI and CT scan.
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As per component type, the field programmable gate array (FPGA) segment is presumed to expand substantially during the study period. Various industries are shifting to automation solutions in assembly, manufacturing and supply chain processes. Increasing development in industrial infrastructure along with favorable government initiatives which promote the use of automated machinery are augmenting the demand for FPGAs across the globe, which in turn is favoring embedded systems market outlook.
In the healthcare sector, embedded systems are used to improve sound quality of electronic stethoscope. It is also used in numerous imaging systems such as MRI and CT scans. Apart from this, numerous biomedical sensors depend on embedded systems like CPAP machines, glucose monitors, and pacemakers for working.
In biomedical applications, embedded systems enable doctors to track patient’s health remotely and allow decision-making through telemedicine. On this note, reports suggest that the embedded systems market from the healthcare sector may record significant growth over the forecast period.
Embedded systems linked to a web server permits control and accede by the web browser. For instance, the home security system connected to the Local Area Network (LAN) allows access to every sensor connected to the protocol TCP/IP. Based on these aspects, studies suggest that network embedded systems segment is expected to record modest growth by 2026.
The prominent manufacturers, developers and suppliers of embedded systems are Microsoft Corp., NXP Semiconductors, Texas Instrument and Atmel Corporation, among many others. These market participants are concentrating on mergers and acquisitions in order to increase their current partner network and to aim for new product launches.
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Partial Chapter of the Table of Content
Chapter 5. Embedded Systems Market, By Function
5.1. Key trends in market, by function
5.2. Standalone system
5.2.1. Market estimates and forecast, 2015 - 2026
5.3. Real-time system
5.3.1. Market estimates and forecast, 2015 - 2026
5.4. Network system
5.4.1. Market estimates and forecast, 2015 – 2026
5.5. Mobile system
Chapter 6. Embedded Systems Market, By Application
6.1. Key trends in market, by application
6.2. Automotive
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Consumer electronics
6.4. Industrial
6.5. Retail
6.6. Media & Entertainment
6.7. IT & Telecom
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/embedded-system-market
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