The Global Market for Embedded Systems is Projected to Reach US$234 Billion by 2020

Consumer Electronics & Industrial Automation to Spur the Global Market for Embedded Systems, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Embedded Systems. The global market for Embedded Systems is projected to reach US$234 billion by 2020, driven by the steady growth in production & sales of consumer electronic devices and increased investments in automation technologies in the manufacturing sector.

Embedded systems are designed to independently execute specific control functions. Used virtually in every electronic device and equipment, embedded systems feature an embedded factory pre-programmed microcontroller or microprocessor programmed to execute a single real time application. Microprocessors in embedded systems act as a resource to the main processor. Embedded systems are key enablers of smart devices, which represent one of the most important technological marvels of the 21st century. Integrating an embedded microprocessor system into any product makes it smart, giving it the ability to communicate and connect to multiple devices and networks. Embedded systems provide devices the ability to indigenously process data and perform “pervasive computing”. Over the last decade or two, falling costs of microprocessors triggered by semiconductor technology innovation and lower manufacturing costs and incremental rise in the quality of microchips, have expanded the application of advanced microcontrollers.
Consumer electronics represent one of the major end-use sectors for embedded systems. The healthy growth in the production and sales of LED TVs, smartphones, electronic and home appliances, is creating robust opportunities for embedded systems. Currently, the consumer electronics sector is experiencing transformational growth and is being primarily influenced by mega trends such as digitalization, mobility and miniaturization. The digitalization trend is changing the very face of the industry, with interactive and smart digital applications such as digital TVs, smart TVs, home audio equipment, DVD players, Blu-Ray players, and home media servers making their way into the living rooms of households replacing the conventional cassette video player/recorders and television sets. In addition, the sector is witnessing strong demand for advanced gaming consoles, sophisticated digital cameras, portable music, video players and home appliances such as refrigerators, air conditioners, washing machines, electric cookers, dishwashers and dryers. The scenario is poised to benefit embedded systems, which function as the central element in modern electronics.
As stated by the new market research report on Embedded Systems, the United States represents the largest market worldwide. Developing markets are forecast to fuel future growth led by factors such as rising standards of living and desire for convenient and easy living options, rapid industrialization and growing proliferation of industrial automation technologies. Stupendous increase in automation of production lines and replacement of conventional electromechanical machines is helping generate strong demand for embedded systems in the industrial sector. Building automation and home automation represent lucrative emerging business areas for embedded systems, given the important role of embedded devices in wired- and wireless systems for monitoring and controlling lighting, climate, security & surveillance systems. 

Major players in the marketplace include Altera Corporation, ARM Limited, Atmel Corporation, Axiomtek, Freescale Semiconductor, Inc., Fujitsu Limited, HCL Technologies Limited, Infineon Technologies AG, Infosys Limited, Intel Corporation, Kontron AG, Mentor Graphics Corporation, Microchip Technology Inc., Microsoft Corporation, QNX Software Systems Ltd., Renesas Electronics Corporation, VIA Technologies, Inc., and Zilog, Inc., among others.

The research report titled “Embedded Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, size and demand projections and forecasts. The report provides market estimates and projections in US$ million for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, Netherlands, Sweden, and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), and Rest of World. The global market is also analyzed by end-use sectors including Computing, Telecommunications and Consumer Electronics, among others. The report also offers coverage on mergers, acquisitions, product launches and other strategic industry activities of major global and regional players.

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