Embedded System Market Description:
However, the electronics industry is still grappling with challenges
pertaining to the design and seamless integration of embedded systems
in the latest electronic and electrical devices. This could result in
the global embedded systems market’s growth being restrained to
some extent. This situation is exacerbated by the high degree of
competition that currently prevails among market participants, making
innovation a vital tool for survival.
For the purpose of this study, the global embedded systems market is
segmented on the basis of functionality, type, microcontroller,
application, and geography. Segmented thus, the embedded systems
market by functionality is composed of stand-alone embedded systems,
networked embedded systems, real-time embedded systems, and mobile
embedded systems. The highest revenue contribution in 2014 came from
real-time embedded systems, thanks largely to their deployment in a
myriad of applications ranging from industrial automation to
automotive to consumer electronics.
By microcontroller, the report segments the embedded systems market
into: Small-scale, medium-scale, and large-scale embedded systems. In
2014, medium-scale embedded systems raked in the highest revenue,
with their preference primarily being dictated by desirable
attributes such as low power consumption, affordability, and
compactness. Several advanced systems being based on medium-scale
embedded systems also contributes to the dominance of this segment.
Similarly, the report classifies embedded systems by type into
embedded software and embedded hardware. The embedded hardware
segment contributed a higher share of revenue than embedded software
in 2014 owing to a high demand for embedded systems with improved
functionality.
The applications of embedded systems studied in the report are:
Telecommunications, automotive, industrial, healthcare, aerospace and
defense, consumer electronics, and others. The global embedded
systems market earned the highest revenue from the automotive
application segment in 2014, and TMR analysts expect this trend to
firmly continue through the report’s forecast period. There are
numerous areas where the automotive industry has come to rely heavily
on embedded systems; these include: wiper controls, infotainment
systems, anti-lock systems, and engine control units.
Embedded System Detailed Technical Analysis: http://bit.ly/1rTrZUF
On the basis of geography, the global embedded systems market is
segmented into: North America, Europe, Asia Pacific, and Rest of the
World. The North America embedded systems market raked in the highest
revenue (36%) as of 2014, with demand being stimulated by the
deployment of smart meters, smart grids, and smart vehicles. Trailing
North America was the Asia Pacific embedded systems market,
contributing 30.6% of the total revenue in 2014. Taiwan, China, and
South Korea spearhead the growth of the embedded systems market in
Asia Pacific.
The Company Profiles section is a highlight of the report, wherein
leading players and their growth strategies are discussed in detail.
Companies profiled in this section include: HCL Technologies Limited,
Atmel Corporation, Infosys Ltd., Microsoft Corporation, Texas
Instruments, and Renesas Electronics Corporation.
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