Sasken Comm joins Microsoft's Windows embedded partner program
Nearly 90% of the modern-day equipment of a variety of forms have some
kind of computer devices embedded in them. In other words, embedded
systems form the core of functionality in almost all equipment we come
across every-day. Embedded systems are found in devices such as mobile
phones, credit and debit cards, multimedia equipments, television sets,
microwave ovens, as well as in cars, offices, and factories.
In the next few years, embedded system components are expected to
acquire significant percentage of the value of any finished product in
areas such as telecommunications, industrial automation, consumer
electronics, healthcare/medical devices, and intelligent home systems.
The global market of embedded systems is worth US$121 billion, with an annual growth rate of 6.8%. Forecasts predict that the market will be worth over US$194.27 billion by the end of 2018. In the smart electronic devices sector, thriving demand for smart electricity and water meters is expected to have a significant effect on the overall growth of the global embedded systems market. The use of multicore processors in embedded systems has facilitated higher efficiency and lower power consumption, further leading to future growth opportunities.
Browse full Global Embedded System Industry report with complete TOC:
http://goo.gl/aYjAQj
The market is also significantly benefitted from declining prices of microprocessors and the flourishing industry of healthcare/medical devices such as pacemakers, neurostimulators, and blood glucose monitors – a major application area of the embedded systems market. Downturn of the automotives industry – another major application area of the embedded system market – on a global level could inhibit the expected growth of the market to a certain extent.
Segmentation
The market of embedded systems can be broadly divided on the basis of type, major application areas, and lucrative regional markets. Based on type, the embedded system market is segmented in two major segments – embedded hardware and embedded software. Major applications of the embedded systems market are from industries such as telecommunication, automotives, healthcare/medical, military and aerospace, consumer electronics, government organizations, home automation, and retail.
Type-wise, the segment embedded hardware accounts for nearly 90% of the total global demands of the embedded systems market. Application-wise, the market segment automotives held the highest percentage of the market share and was valued at US$27 billion in 2012. However, the huge global demand for personal smart-electronic devices could help the consumer electronics segment in achieving growth at the fastest rate, an estimated CAGR of 7.4% through the year 2018.
From a geographic stance, the regional market of North America has currently acquired the highest percentage of market share. The major reasons behind the leading market position of this market are the presence of sophisticated equipment across target applications and the high rate of technological advancements achieved by the embedded systems market in this region.
Embedded systems market in the Asia-Pacific region was valued at US$42.13 billion in 2012. In the next few years, this market is expected to achieve growth at the fastest pace, at an estimated CAGR of 7.4%. The major reasons behind this forecast are the surging demand for consumer electronics from the Asia-Pacific and the stronghold of automotives industry in China.
Embedded systems market – Key market players
Many big names surface while studying the embedded systems market. Some of these, especially Intel Corporation and Microsoft Inc., are well known due to their pioneering role in the advancement of various embedded technologies. Other key market players in the global embedded systems market are Renesas Electronics Corporation, Texas Instruments, NXP Semiconductors, ARM Holdings Plc, Codethink Ltd., STMicroelectronics, KPIT Cummins Infosystems Limited, Microchip Technology Inc., Zilog Inc., HCL Technologies Limited, Eldos Corporation, Mental Graphics Corporation, Atmel Corporation, Infineon Technologies, SSV Software Systems GmbH, Tieto Deutschland GmbH, Altera Corporation, and Freescale Semiconductor Inc.
The global market of embedded systems is worth US$121 billion, with an annual growth rate of 6.8%. Forecasts predict that the market will be worth over US$194.27 billion by the end of 2018. In the smart electronic devices sector, thriving demand for smart electricity and water meters is expected to have a significant effect on the overall growth of the global embedded systems market. The use of multicore processors in embedded systems has facilitated higher efficiency and lower power consumption, further leading to future growth opportunities.
Browse full Global Embedded System Industry report with complete TOC:
http://goo.gl/aYjAQj
The market is also significantly benefitted from declining prices of microprocessors and the flourishing industry of healthcare/medical devices such as pacemakers, neurostimulators, and blood glucose monitors – a major application area of the embedded systems market. Downturn of the automotives industry – another major application area of the embedded system market – on a global level could inhibit the expected growth of the market to a certain extent.
Segmentation
The market of embedded systems can be broadly divided on the basis of type, major application areas, and lucrative regional markets. Based on type, the embedded system market is segmented in two major segments – embedded hardware and embedded software. Major applications of the embedded systems market are from industries such as telecommunication, automotives, healthcare/medical, military and aerospace, consumer electronics, government organizations, home automation, and retail.
Type-wise, the segment embedded hardware accounts for nearly 90% of the total global demands of the embedded systems market. Application-wise, the market segment automotives held the highest percentage of the market share and was valued at US$27 billion in 2012. However, the huge global demand for personal smart-electronic devices could help the consumer electronics segment in achieving growth at the fastest rate, an estimated CAGR of 7.4% through the year 2018.
From a geographic stance, the regional market of North America has currently acquired the highest percentage of market share. The major reasons behind the leading market position of this market are the presence of sophisticated equipment across target applications and the high rate of technological advancements achieved by the embedded systems market in this region.
Embedded systems market in the Asia-Pacific region was valued at US$42.13 billion in 2012. In the next few years, this market is expected to achieve growth at the fastest pace, at an estimated CAGR of 7.4%. The major reasons behind this forecast are the surging demand for consumer electronics from the Asia-Pacific and the stronghold of automotives industry in China.
Embedded systems market – Key market players
Many big names surface while studying the embedded systems market. Some of these, especially Intel Corporation and Microsoft Inc., are well known due to their pioneering role in the advancement of various embedded technologies. Other key market players in the global embedded systems market are Renesas Electronics Corporation, Texas Instruments, NXP Semiconductors, ARM Holdings Plc, Codethink Ltd., STMicroelectronics, KPIT Cummins Infosystems Limited, Microchip Technology Inc., Zilog Inc., HCL Technologies Limited, Eldos Corporation, Mental Graphics Corporation, Atmel Corporation, Infineon Technologies, SSV Software Systems GmbH, Tieto Deutschland GmbH, Altera Corporation, and Freescale Semiconductor Inc.
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