Pune, India -- (SBWIRE) -- 04/23/2019 -- Embedded Systems Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of embedded systems Market by microcontroller (small, medium scale, large scale, functionality (standalone embedded, networked embedded systems), component (embedded hardware, software) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the embedded systems market it includes the five years Industry analysis and the 6 years annual forecast from 2018 to 2024.

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Some of the prominent participants in the global embedded systems market are Infosys Ltd., Atmel Corporation, HCL Technologies Limited, Intel Corporation, Microsoft Corporation, NXP Semiconductors N.V., Infineon Technologies AG, Freescale Semiconductor, Renesas Electronics Corporation, and Texas Instruments.

Numerous Applications Offered by the Embedded System to Promote the Growth of Embedded System Market

The embedded system has numerous applications across various fields such as digital electronics, telecommunications, computing network, smart cards, satellite systems, military defense, research systems, and so on. Nowadays, various consumer devices depend on embedded communication and networking infrastructure. Embedded system is vastly used in the numerous consumer electronics applications including Personal computers, mobile tablets and smartphones, web-enabled TVs, and many others. The rapidly growing consumer electronics industry across the world drives the growth of embedded system market.

The rising adoption of embedded systems in the automotive industries is likely to escalate the growth of embedded system market worldwide. Nowadays, electronics systems are largely replacing the various mechanical systems in the automotive sector. The major electronics systems used in the automotive industry are embedded systems including Anti-lock Braking System, Satellite Radio, Navigation Systems, Drive by Wire and many other. In addition, rising consumer's interest in wearable devices and smart Appliances are anticipated to boost the growth of embedded system market.

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North America Holds the Maximum Share in the Embedded System Market followed by the Asia Pacific Region

North America holds the maximum share in the embedded system market followed by Asia Pacific region. The growing use of IoT in various industries in North America region drives the market of embedded system in this region. Furthermore, the presence of leading players in the embedded system market across the North America region including Intel Corporation and Texas Instruments contributes to the growth of the embedded system market. In addition, the trending smart home applications, developing industrial and healthcare infrastructure in the Asia Pacific region are likely to boost the growth of embedded system market in this region

UNO Minda to Acquire German Embedded System and Software Major iSYS RTS

In July 2018, Minda Industries, the flagship company of the UNO Minda Group, is to acquire Germany-based iSYS RTS, a leading developer of embedded systems and software to global vehicle manufacturers. The agreement, which is subject to customary closing conditions and regulatory approvals, is expected to be completed by the second quarter of FY2018. iSYS RTS develops embedded systems as well as hardware and software components for global OEMs.

OKW has Unveiled a New Enclosures for Embedded PCs and systems

In July 2018, OKW has unveiled a new embedded systems version of its sophisticated SMART-TERMINAL enclosures. SMART-TERMINAL is designed for peripheral and interface equipment, communications, safety engineering, biometrics, medical and laboratory technology and control engineering. The new embedded version features flat aluminum end plates instead of the recessed plastic end covers and seals supplied with other SMART-TERMINAL versions. This reduces the case costs as the added protection provided by the more expensive covers and seals, which is not required for embedded PC applications. Each end plate is held in place by four readily accessible screws that sit flush in countersunk holes.
Report Findings

1. Drivers

Immense Use of Embedded System in Consumer Electronics Application

Rising Adoption of Embedded Systems in the Automotive Sector

2. Restraints

Difficult to upgrade

3. Opportunities

Rising Adoption of Embed System in the Smart Home Projects

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