embedded systems mark

Embedded System Market Product Outlook Cheap NCAA Jerseys Wholesale , Analysis And Forecast by 2012-2020
by rajsingh50901 · October 10, 2018


10 Oct 2018 he increased investment in automation technologies and growth in sales of electronic devices are key factors that are expected to drive the market. In 2013, the Embedded System Market was valued USD 140.32 billion and is predicted to reach USD 214.39 billion by 2020 growing at CAGR of 6.3% from 2014 to 2020. The use of embedded system has increased in many sectors. The Automotive industry is dominating among other industries. Embedded system is application-specific system that ensures accurate and desired functionality. The demand for devices such as smart electric meter is expected to propel the market.




The demand for smart meter has increased due to its capabilities such as sending accurate reading to suppliers and is expected to increase even more in forecast period. Technological advancement and availability of electronic components at low price will have positive impact on market. Embedded system has numerous applications in various fields; as a result the demand for systems is high. Besides, the demand from areas such as healthcare is expected to fuel market in next six years.


Product Insights


The hardware components used in embedded system dominated the overall market share in 2013. It accounted about 93.8% and is expected to dominate in coming period. Digital signal Processors Cheap NCAA Jerseys , microcontrollers and microprocessors are key components used in embedded systems. The software component contains operating system (OS) that act as middleware between system and user. From 2014 to 2020, the segment is expected to grow at a CAGR of 8.1%.


Application Insights


The use of embedded systems in automotive applications was the highest in 2013 and it accounted about 20.8% of market. The use in automotive industry is expected to dominate due to its
Use of GPS and increasing use of electric vehicles (EV) and hybrid electric vehicles (HEV) is expected to boost the market.


The use of embedded system in healthcare sector is expected to be fast growing at a CAGR of 7.1 from 2014 to 2020. Embedded systems are designed to independently execute specific function. The growth in production and sale of consumer electronics such as smartphones, LED TV鈥檚 and other home appliances will help in growth of this sector in next six years. Data acquisition and feedback control system Cheap College Jerseys From China , smart metering system for automation will contribute in growth of the industry.


Regional Insights


In 2013, the North America was largest market and is expected to dominate in forecast period. Asia-pacific is expected to grow at a CAGR of 6.7% from 2014 to 2020. The number of trained professional and Taiwan semiconductor manufacturing company (TSMC) is main reason for growth of industry in the region. The use of java in mobiles in-order to develop different applications and to control NFC will eventually boost the market.



Competitive Insights


Ther
The global embedded systems market was valued at USD 140.32 billion in 2013 and is expected to reach USD 214.39 billion by 2020, growing at a CAGR of 6.3% from 2014 to 2020.


About Million Insights:


Million Insights [url=http://www.ncaae are major player in the industry that offers different hardware and software products. Hardware component includes DSP鈥檚, microcontroller and microprocessors. Automobile, consumer electronics Cheap College Jerseys China , healthcare and telecommunication are sector in which embedded systems are used. Intel corporation, Atmel and Qualcomm, Samsung electronics Corporation are some key players among the established organization.


The global embedded systems market was valued at USD 140.32 billion in 2013 and is expected to reach USD 214.39 billion by 2020, growing at a CAGR of 6.3% from 2014 to 2020.


About Million Insights:


Million Insights Cheap College Jerseys Wholesale , is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying Cheap College Jerseys , is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports Cheap Jerseys From China , from across various industry verticals, such as healthcare, technology, chemicals Cheap Jerseys China , food & beverages, consumer goods, material science & automotive.