Press release
Europe System on Module (SoM) Market Increasing Demand Due to COVID-19 Including Top Players Profiles like Microchip Technology Inc., Advantech Co. Ltd., SoMLabs
The System on Module (SoM) market in Europe is expected to grow from US$ 425.95 million in 2021 to US$ 730.12 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.The Europe system on module (SoM) market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Lesser complexity of system on modules based on the ARM architecture, compared to those based on x86 processors, is accelerating the adoption of ARM-based processors. The demand for ARM processors in SoM is increasing as they come with reduced instruction sets and support single cycle computing.
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The growing use of control systems, and robotics and the Internet of Things (IoT) technologies to handle processes in industries one of the prime factors driving the adoption of system on modules. The solutions incorporated with system on modules feature high accuracy and precision, and enhanced manufacturing process performance. The use of integrated system on modules is on rise as it helps enhance manufacturing, product assembly, supply chain management, and logistics operations, among others.
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Major Key players covered in this report:
• Microchip Technology Inc.
• Advantech Co. Ltd.
• SoMLabs
• Axiomtek Co., Ltd.
• Connect Tech Inc.
• National Instruments Corporation
• congatec GmbH
• AAEON
• Emcraft Systems
EUROPE SYSTEM ON MODULE (SOM) MARKET SEGMENTATION
Europe System on Module (SoM) Market, by Processor Type
• ARM
• X86
• POWER
• FPGA
• GPU
• DSP
Europe System on Module (SoM) Market, by Application
• Industrial Automation
• Entertainment
• Medical
• Transportation
• Test and Measurement
• Others
Europe System on Module (SoM) Market, by Standard
• Qseven
• SMARC
• COMExpress
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Reasons to buy report
1. To understand the Europe system on module (SoM) market landscape and identify market segments that are most likely to guarantee a strong return
2. Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe system on module (SoM) market
3. Efficiently plan M&A and partnership deals in Europe system on module (SoM) market by identifying market segments with the most promising probable sales
4. Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe system on module (SoM) market
5. Obtain market revenue forecast for market by various segments from 2019-2028 in Europe region.
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