Press release
Global Embedded Systems Market Set for Rapid Growth, to Reach around USD 225.34 billion by 2021
Additionally, the report includes the study of opportunities available in the embedded systems market on a global level.
In order to give the users of this report a comprehensive view on the embedded systems market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the embedded systems market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.
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Strong demands for smarter and power efficient electronic devices are expected to be the major drivers for the global embedded system market. Growing application of embedded systems in the automobile industry, upward demand for embedded systems with multi-core technologies and embedded graphics is expected to support the embedded systems market growth in the near future. However, security concerns related to these systems may curb the demand for embedded system within the forecast period. Nonetheless, rising penetration of robotics are expected open new avenues for the market growth over the next few years.
The embedded system market is segmented on the basis of different products including embedded hardware and embedded software. In 2015, an embedded hardware was the largest segment in embedded system market and accounted for over 90% share of the total market. This segment is expected to continue its dominance in global market throughout the forecast period. Embedded software was another key outlet for embedded system market in 2015. The embedded system market is segmented on the basis of microcontroller such as small scale embedded systems, medium scale embedded systems and large scale embedded systems. The medium scale embedded systems segment dominated the market with largest share of the total market in 2015.
A range of application segments of embedded system market include healthcare, industrial, automotive, telecommunication, consumer electronics, defense, aerospace and others. Automotive sector was leading segment in embedded system market and it accounted for over 17% market share of total market in 2015. Automotive sector followed by consumer electronics and healthcare sector is also expected to show strong growth in the coming years. Automotive segment expected to continue its dominance in global market over the forecast period due to increasing penetration of electric vehicles (EV) and hybrid electric vehicles (HEV).
Browse detail report with in-depth TOC @ http://atozresearch.com/global-embedded-systems-market-research-reports/
The study provides a decisive view on the embedded systems market by segmenting the market based on products, applications, microcontroller and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Based on products the market is segmented into embedded hardware and embedded software. Based on microcontroller the market is segmented into small scale embedded systems, medium scale embedded systems and large scale embedded systems. Key application market covered under this study includes healthcare, industrial, automotive, telecommunication, consumer electronics, defense, aerospace and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for embedded systems based on individual applications in all the regions and countries.
The report also includes detailed profiles of end players such as Intel Corporation, Samsung Electronics Corporation, Atmel Corporation, Freescale Semiconductor, Inc. Infineon Technologies, Renesas Electronics, Microsoft Corporation, Texas Instruments, Inc., NXP Semiconductors and HCL Technologies, Ltd.
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