An embedded system is a framework with dedicated function inside a larger electrical or mechanical system, often with real-time computing constraints. These are embedded as part of a complete device often including hardware and mechanical parts. Embedded systems control many commonly used devices of today. 98 percent of all microprocessors are manufactured as components of embedded systems. These systems are used to control, assist or monitor the operation of machinery, equipment or plant. The expression ‘embedded’ reflects the fact that they are an integral part of the system, and they deliver significant characteristics such as speed, accuracy, size, reliability and adaptability. Computerization in processing & manufacturing sectors, and energy metering is seen as a foremost propeller for embedded system’s industry growth. In terms of revenue, the Global Embedded Systems Market was valued at US$ 165.25 Bn in 2016 and is expected to reach US$ 284.99 Bn by 2025, expanding at a CAGR of 6.3% from 2017 to 2025.
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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
From the applications studied in the report, the automotive segment is estimated to perceive the highest CAGR during the prognosis period. The demand for the segment has increased due to large-scale production of cars, as manufacturers are adopting electronic systems known as an electronic control unit (ECU) for providing driver information and communication, powertrain, in-car entertainment electronics, and body control electronics. Moreover, the current trends of embedded systems in automobiles include airbag controllers, navigation systems, satellite radio, adaptive cruise control, drive by wire, heads up displays, and advanced driver assistance systems (ADAS). Avail 30%
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Secondary research methodologies such as data collection from company websites, press releases, and several regional and global databases were undertaken for formulating the study. The report provides a detailed overview of the key elements of the market and factors such as drivers, restraints, popular trends of the past and present times, regulatory scenario, and technological development. A thorough analysis of these factors has been undertaken for determining the future growth prospects of the global Embedded Systems market.
The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied. Top manufacturers from all these regions are studied to help give a better picture of the market investment. Production, price, capacity, revenue and many such important data is been discussed with precise data.
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