Press release
Embedded System Market is Estimated to Reach USD 160.86 billion by 2030: Cognitive Market Research
Embedded System Market is Estimated to Reach USD 160.86 billion by 2030: Cognitive Market Research
- An Embedded System is a combination of computer hardware and software designed for a specific function. An embedded system may function independently or as a component of a larger system. A microcontroller- or microprocessor-based system that is built to carry out a certain function is known as an embedded system.
Summary:
• According to Cognitive Market Research, the Global embedded systems market was valued at USD 90.65 billion in 2023 and is projected to reach USD 160.86 billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030.
• Geographically APAC region is dominating for the embedded system market.
To know more The Embedded System Market statistics click here: https://www.cognitivemarketresearch.com/embedded-system-market-report
Market Dynamics:
- Increasing demand for ADAS in EV and hybrid vehicles, and growing automation are the major driving factors for the global embedded system market. Advanced driver-assistance systems (ADAS) are electronic systems in a vehicle that use advanced technologies to assist the driver. The use of ADAS in the automotive industry is increasing, which is fuelling the growth of the market. Further, growing industrialization and emerging advanced technologies will create opportunities for the market players of embedded systems in the forecast period. However, increasing incidents of cyber threats and security breaches can hamper the growth of the market.
Market Segmentation:
- Hardware
• Microcontrollers
• Microprocessors
• Field-Programmable Gate Arrays (FPGA)
• Digital Signal Processors (DSP)
• Memories
• ASIC
• PMIC
• Others (Timers, DAC/ADC, I/O Ports etc.)
The Microcontroller segment is the largest contributor to the embedded system market. This is due to the increasing use of microcontrollers in the healthcare industry, automobile engine control systems, kitchen appliances such as ovens, and others.
- Software
• Operating Systems (OS)
• Middleware
• Services
- Function
• Real-Time
• Standalone
• Mobile
• Networked
Real-time embedded systems are being used in applications that require a responsiveness rate. Further, the increasing use of IoTs in different devices also fuels the growth of real-time embedded systems.
- System Size
• Small size
• Medium Size
• Large Size
- End-use Industry
• Automotive
• Consumer Electronics
• Aerospace and Defense
• Healthcare
• Communication
• Industrial
• Others
Embedded systems are used in communication systems such as routers, ethernet devices, wireless infrastructure, and protocol converters. Due to this, the communication segment is dominating among other application segments.
- Competitive Analysis for Embedded System Market: Renesas Electronics, NXP, STMicroelectronics, Texas Instruments Inc, Xilinx, Altera, Infineon Technologies, Microchip, Intel Corporation, Fujitsu Limited, ARM Limited, Kontron, Analog Devices, Atmel
Get free sample pages of latest published Embedded System Market Report: https://www.cognitivemarketresearch.com/embedded-system-market-report
Regional Analysis:
- Geographically, Asia Pacific is the dominating region, owing to the increasing industrialization and automation in different industries, the availability of low-cost electronic products is expected to contribute to the growth of the market. North America is estimated as the second largest market for the embedded system market. This is due to the surge in the usage of embedded systems in various industrial applications.
News:
- NXP launched its first MCX microcontrollers with machine learning (November 2022)
NXP Semiconductor has launched the first family of microcontrollers following the merger of its LCP and Kinetis lines. The MCX N is the dual Cortex M33 architecture running at 150MHz and a number of accelerators for neural networks and digital signal processing and peripheral managers for error checking and memory.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Embedded System Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Embedded System Market Segmentation
1.5.1 Embedded System Market Regional Fragmentation
1.5.1 Embedded System Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Embedded System Market
• 3.1 Global Embedded System Market Size 2018 - 2030, (USD Million)
• 3.2 Global Embedded System Market Statistics 2022: Snapshot
Chapter 4 Global Embedded System Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Embedded System Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Embedded System Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Embedded System Market by By Function Segmentation Analysis (2018-2030)
Chapter 11 Global Embedded System Market by By System Size Segmentation Analysis (2018-2030)
Chapter 12 Global Embedded System Market Regional Analysis
Chapter 13 North America Embedded System Market Outlook (2018 - 2030)
Chapter 14 Europe Embedded System Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Embedded System Market Outlook (2018 - 2030)
Chapter 16 Latin America Embedded System Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Embedded System Market Outlook (2018 - 2030)
Chapter 18 Research Findings
To know more Embedded System Market TOC click here: https://www.cognitivemarketresearch.com/embedded-system-market-report#table_of_contents
Related Reports
• Semiconductor Market- https://www.cognitivemarketresearch.com/semiconductor-market-report
• Microcontroller Market- https://www.cognitivemarketresearch.com/microcontroller-market-report
• Epi Wafer Market- https://www.cognitivemarketresearch.com/epi-wafer-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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