Growing Demand From Automotive Industry To Help Overall Development Of Embedded Systems Market
According to the report, the global market for embedded systems will rise to US$ 338.34 bn by 2027, exhibiting a promising 6.4% CAGR from 2019 to 2027.
Want to know the obstructions to your company’s growth in future? Request a brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=995
From a geographical standpoint, the North America market is expected to account for the dominant slice in the revenue pie of the global market over the report’s forecast period. The region has been at the forefront of several developments in the field of electrical and electronics. The region is also home to some of the leading technology companies across the globe, including Freescale Semiconductor, Intel Corporation, and Texas Instruments. The highly encouraging R&D sector is also a leading factor strengthening the embedded systems market in the region.
Asia Pacific also holds a significant share in the global embedded systems market and is likely to continue being one of the most lucrative regional markets over the report’s forecast period. The automotive and consumer electronics industries in countries such as South Korea, China, and Taiwan are undertaking the large-scale implementation of advanced embedded systems. As a result, the demand for embedded systems in the region is likely to continue to rise in the region in the near future as well.
Embedded System Market to Benefit from Increasing Adoption of Smart Home Automation Technology
The rapid advancement in consumer electronics has influenced the global embedded system market positively. Enabled developments in technology such as smart home automation concepts, advanced personal control for mobile users, and Personal Area Network are likely to aid in expansion of the market in the coming years. Smart home automation offering multiple advantages such as HVAC system, security, AI personal assistants, entertainment systems, lighting, gardening or lawn management, and others are likely to bode well for the market for embedded system in the coming years.
Purchase Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=995<ype=S
The home computerization is required to get a significant lift soon, as significant conveys like Verizon have turned out 5G innovation effectively in key business sectors like the US. Besides, the innovation has just been broadly embraced in China, wherein the public authority has driven key foundation improvements like IoV on the rear of cutting edge organizing capacities. One of the greatest factor creating new growth opportunity for the market is the effectiveness, and improved IoT capacities of these gadgets. The ascent in home mechanization can give new driving force to feeble areas like developments with a lift to home costs, and is progressively turning into a need because of green enactments for energy productivity, and feasible energy. For instance, nations like India, and UK have spread out designs to supplant ordinary meters with keen meters in each home. The development of 5G likewise appears to be encouraging as key organizations like Apple in the US district has gained the telecom division of Intel’s 5G services, which may boost the adoption of this innovation around the world.
Some of the key players in the global embedded system market include names such as Microchip Technologies, Texas Instrument, Infineon Technologies, Samsung Electronics Corporation, Renesas Electronics Corporation, Atmel Corporation, Fujitsu, ST Microelectronics, Freescale Semiconductor, and Qualcomm among others.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Mr. Rohit Bhisey
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growing Demand From Automotive Industry To Help Overall Development Of Embedded Systems Market here
News-ID: 2484929 • Views: 231
More Releases from TMR
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031. The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,
Global Infrared Sensors Market to Reach US$ 1.1 Bn by 2031
The global infrared sensors market was valued at US$ 680.9 Mn in 2021 and is projected to register compound annual growth rate (CAGR) of over 5.4% from 2022 to 2031, according to a new report published by Transparency Market Research (TMR) titled "Infrared Sensors Market (Type: Passive IR Sensors and Active IR Sensors; and Wavelength: 0.75 µm to 3 µm, 3 µm to 6 µm, and > 6 µm) -
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market