Global Embedded Systems Market – Size, Share, Growth, Segment, Trends and Forecast 2015–2021
Sarasota, FL -- (SBWIRE) -- 11/23/2016 -- Global Embedded Systems Market (Embedded Hardware and Embedded Software) Market For Healthcare, Industrial, Automotive, Telecommunication, Consumer Electronics, Defense, Aerospace and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021
The report covers forecast and analysis for the embedded systems market on a global and regional level. According to the report, global demand for embedded systems market was valued at USD 159.00 billion in 2015, and is expected to generate revenue of USD 225.34 billion by end of 2021, growing at a CAGR of slightly above 6.00% between 2016 and 2021. The study includes drivers and restraints for the embedded systems market along with the impact they have on the demand over the forecast period.
Global Embedded Systems Market 2014-2020
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.
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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).
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.
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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.
This report segments the global embedded systems market as follows:
Global Embedded systems Market: Product Segment Analysis
- Embedded Hardware
- Embedded Software
Global Embedded Systems Market: Microcontroller Segment Analysis
- Small Scale Embedded Systems
- Medium Scale Embedded Systems
- Large Scale Embedded Systems
Global Embedded Systems Market: Application Segment Analysis
- Consumer Electronics
Global Embedded systems Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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