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Embedded Systems Market

Embedded Systems Market Size, Share & Segment By Product (Hardware, Software) By System Size (Small-Scale Embedded Systems, Medium-Scale Embedded Systems, Large-Scale Embedded Systems) By Application (Automotive, Industrial, Energy, Communication, Consumer Electronics, Aerospace And Defense, Healthcare), By Regions, And Global Forecast 2022-2028

Report Id: SNS/SEMI/2647 | July 2022 | Region: Global | 130 Pages

Report Scope & Overview:

Embedded Systems Market Size was valued at USD 91.5 billion in 2021 and is expected to reach USD 141.2 billion by 2028, and grow at a CAGR of 6.4% over the forecast period 2022-2028.

Embedded systems are application-specific combinations of electronic hardware and software that are embedded to meet specific system requirements. In manufacturing, these embedded systems function as a programmable operating system that handles a variety of tasks such as temperature control, motor driving, networking equipment, and assembly line speed control. These systems are also used to monitor, control, and assist in the operation of machinery, equipment, and plants. The term "embedded" refers to the fact that they are an integral part of a system and provide important benefits such as speed, accuracy, size, reliability, and adaptability.

Embedded Systems Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • Demand for portable devices with embedded systems is increasing.

  • Increase in the number of embedded system-related research and development activities.

RESTRAINTS:

  • Development of embedded systems is associated with a short product lifecycle and high production costs.

  • Embedded system vulnerability to cyber threats and security breaches.

OPPORTUNITIES:

  • Advancements in advanced packaging systems for semiconductor products.

  • Smart homes are rapidly adopting embedded systems.

CHALLENGES: 

  • Compact embedded systems consume a lot of energy.

  • Design complexities of embedded products used in various applications.

IMPACT OF COVID-19: 

The COVID-19 outbreak has had a significant impact on the embedded systems market. New projects around the world have stalled, resulting in a significant drop in demand for these systems. As workers stayed at home, global factories struggled to integrate new embedded systems, disrupting global supply chains. COVID-19's impact on this market is only temporary because only the production and supply chain are halted. Production, supply chains, and demand for these embedded systems will gradually increase as the situation improves. This COVID-19 lockdown would encourage businesses to consider more advanced quantum computing to improve efficiency.

Based on Product, the Embedded system market is segmented into Hardware, and Software. Embedded hardware includes microprocessors, Digital Signal Processors (DSP), microcontrollers, and other components. Embedded software includes an operating system (OS), tools, and middleware. Because embedded systems are used for a variety of safety-critical purposes, they are subject to real-time constraints. As a result, efficient software that is tailored to the target application is required. From 2022 to 2028, this segment is expected to grow at a rapid rate.

Based on System Size, the Embedded system market is segmented into Small-scale Embedded Systems, Medium-scale Embedded Systems, and Large-scale Embedded Systems.

Based on Application, the Embedded system market is segmented into Automotive, Industrial, Energy, Communication, Consumer Electronics, Aerospace and Defense, and Healthcare. The communication segment accounted for the majority of the embedded system market. To support the growing communication infrastructures, embedded systems are used in routers, Ethernet devices, wireless infrastructures, and protocol converters for high-speed data transfer. Embedded hardware such as FPGA and ASIC are used in a variety of network and telecom applications. Telecom providers frequently integrate hard IP for interfaces such as PCI Express, 100G Ethernet, and DDR3/4 for high-speed data transfer using embedded hardware such as FPGA. Furthermore, cost-effective and low-power technologies such as eASIC are increasingly being used in radio access network (RAN) equipment.

COMPETITIVE LANDSCAPE:

The key players in the Embedded system market are Intel Corporation, Infineon Technologies, Microsoft Corporation, Renesas Electronics, Microchip Technology, Texas Instruments, NXP Semiconductors, Samsung Electronics, Fujitsu Limited, and STMicroelectronics.

MARKET SEGMENT:

BY PRODUCT

  • Hardware

  • Software

BY SYSTEM SIZE

  • Small-scale Embedded Systems

  • Medium-scale Embedded Systems

  • Large-scale Embedded Systems

BY APPLICATION

  • Automotive

  • Industrial

  • Energy

  • Communication  

  • Consumer Electronics

  • Aerospace and Defense

  • Healthcare

Embedded Systems Market Segment Chart

REGIONAL ANALYSIS:

The embedded systems market is divided into three regions, Asia Pacific, Europe, and North America. Other market players will be dominated by Asia Pacific. Adoption in industries and businesses boosts overall growth. Furthermore, the presence of op leaders causes positive changes in the embedded systems market. Furthermore, North America dominates the market with large market shares. It is a region with the fastest growth rate. The embedded systems market is vast. The United States and Canada contribute the most to growth. Rising investments result in new market developments. Furthermore, Europe is a high-potential region with a rapid growth rate. All of these key players will generate significant revenue for the embedded systems market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Embedded Systems Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 91.5 Billion
Market Size by 2028 US$ 141.2 Billion
CAGR CAGR of 6.4% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Hardware, Software)
• By System Size (Small-Scale Embedded Systems, Medium-Scale Embedded Systems, Large-Scale Embedded Systems)
• By Application (Automotive, Industrial, Energy, Communication, Consumer Electronics, Aerospace And Defense, Healthcare)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Intel Corporation, Infineon Technologies, Microsoft Corporation, Renesas Electronics, Microchip Technology, Texas Instruments, NXP Semiconductors, Samsung Electronics, Fujitsu Limited, and STMicroelectronics.
Key Drivers • Demand for portable devices with embedded systems is increasing.
• Increase in the number of embedded system-related research and development activities.
RESTRAINTS • Development of embedded systems is associated with a short product lifecycle and high production costs.
• Embedded system vulnerability to cyber threats and security breaches.


Frequently Asked Questions (FAQ) :

The market value is expected to reach USD 141 billion by 2028.

Development of embedded systems is associated with a short product lifecycle and high production costs, Embedded system vulnerability to cyber threats and security breaches.

The key players in the Embedded system market are Intel Corporation, Infineon Technologies, Microsoft Corporation, Renesas Electronics, Microchip Technology, Texas Instruments, NXP Semiconductors, Samsung Electronics, Fujitsu Limited, and STMicroelectronics.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Content:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Embedded Systems Market Segmentation, by product

8.1Introduction

8.2 Hardware

8.3 Software

 

9. Embedded Systems Market Segmentation, by system size

9.1Introduction

9.2 Small-scale Embedded Systems

9.3 Medium-scale Embedded Systems

9.4 Large-scale Embedded Systems

 

10. Embedded Systems Market Segmentation, by application

10.1 Introduction

10.2 Automotive

10.3 Industrial

10.4 Energy

10.5 Communication  

10.6 Consumer Electronics

10.7 Aerospace and Defense

10.8 Healthcare

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 STMicroelectronics

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Honeywell International

12.3 Rockwell Automation

12.4 Texas Instruments

12.5 Panasonic Corporation

12.6 TE Connectivity

12.7 Amphenol Corporation

12.8 Bosch Sensortec

12.9 Siemens

12.10 Dwyer Instruments

12.11 Other

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

 

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The 5 steps process:

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Secondary Research

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