An embedded system is fundamentally a computer-controlled device that has been designed to perform specific tasks. In most cases, these tasks help to tackle and the real-time control of machines or processes. Embedded systems are cheaper than general purpose system, such as PCs and hence the market for embedded systems is witnessing a substantial rise. The increasing adoption of these systems in the automotive industry is responsible for the thrust in the demand for embedded systems globally. The highly sophisticated technologies that are being utilized in automobiles, require several ergonomic enhancements that can be supported by embedded systems and thus is a major factor affecting the forward momentum of the market.
Global embedded systems market, in terms of revenue, which was estimated at US$ 174.45 billion in 2017, is expected to reach US$ 234.78 billion in 2022.
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Automotive Industry Anticipated to be the Dominant Segment During the Forecast Period, 2018 – 2026
Advanced embedded systems in cars and other automobiles have rapidly increased in the past two decades. Automobile manufacturers install embedded systems into cars for different functionalities like ignition, security and audio systems. The technological innovations with respect to embedded systems are being dynamically explored within the vehicle to make the vehicle energy efficient, network savvy and safer, thus driving the adoption of these systems in the automotive industry.
North America to Remain the Dominant Region During the Forecast Period, 2018 – 2026
On the basis of region, North America remains the dominant segment in terms of revenue generation due to large scale installation of embedded systems in industries such as automotive, healthcare, aerospace and defense, and consumer electronics. U.S was responsible for the highest revenue generation in this region, due to the presence of a number of developers engaged in R&D activities for the manufacture of innovative and cost effective embedded systems.
Companies Profiled in this Report Includes; ARM Holdings, Atmel Corporation, Freescale Semiconductor, Inc., Fujitsu Limited, HCL Technologies Limited, Infineon Technologies AG, Infosys Limited, Intel Corporation, Marvell Technology Group Ltd., Microchip Technology, Microsoft Corporation, NXP Semiconductors N.V., Qualcomm Technologies, Inc., Renesas Electronics Corporation, Samsung Electronics Co., Ltd., Texas Instruments Inc. amongst others.
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Embedded Systems Market – By Functionality
- Stand-alone Embedded Systems
- Real Time Embedded Systems
- Networked Embedded Systems
- Mobile Embedded Systems
Embedded Systems Market – By Hardware
- Power Management Integrated Circuit (PMIC)
- Field Processing Gate Arrays (FPGA)
- Application-Specific Integrated Circuit (ASIC)
Embedded System Market – By Software
- Operating System
Embedded System Market – By Application
- Aerospace and Defense
- Consumer Electronics
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