According to a market report by Lucintel, the future of the embedded system market looks promising with opportunities in the automotive, consumer electronics, industrial, aerospace & defense, energy, healthcare, and communication industries. The global embedded system market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are increase in demand for portable devices and rising demand for embedded systems in the military and automotive segments.
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In this market, small-scale embedded systems, medium-scale embedded systems, and large-scale embedded systems are the major embedded system types used in a wide range of industries. Medium-scale embedded systems will remain the largest segment due to growth in various applications in the communication segment.
Within the embedded system market, communication will remain the largest end use industry during the forecast period due to increasing demand for embedded systems in various applications, such as wireless infrastructure, protocol converters, and others.
Asia Pacific will remain the largest region during the forecast period due to rising use of autonomous robots and embedded vision systems and many industries, like transportation, energy, and healthcare among others, which contributes to the demand for embedded system in the region.
Intel, STMicroelectronics, Renesas, Texas Instruments, and NXP Semiconductors are among the major embedded system manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global embedded system market by hardware, software, application, functionality, system size, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Embedded System Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global embedded system market by hardware, software, application, functionality, system size, and region as follows:
By Hardware [$M shipment analysis for 2015 – 2026]:
Application-specific Integrated Circuits (ASIC)
Microcontrollers
Microprocessors
Power Management Integrated Circuits (PMIC)
Field Programmable Gate Arrays (FPGA)
Digital Signal Processors (DSP)
Memories
By Software [$M shipment analysis for 2015 – 2026]:
Operating Systems
Middleware
By Functionality [$M shipment analysis for 2015 – 2026]:
Real-Time Embedded Systems
Standalone Embedded Systems
By System Size [$M shipment analysis for 2015 – 2026]:
Small-Scale Embedded Systems
Medium-Scale Embedded Systems
Large-Scale Embedded Systems
By Application [$M shipment analysis for 2015 – 2026]:
Automotive
Consumer Electronics
Industrial
Aerospace and Defense
Energy
Healthcare
Communication
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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