(EMAILWIRE.COM, October 12, 2018 ) The embedded systems market was valued at USD 84.55 billion in 2016 and is expected to grow at a CAGR of 4.05% between 2017 and 2023.

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Increasing adoption of embedded systems in automotive industry to fuel embedded systems market growth

Over the last few years, the use of embedded systems in automobiles has increased rapidly. Owing to its versatility and flexibility, embedded systems have become an important part of a vehicle’s electronic system. Automotive manufacturers have used embedded systems in their cars for different functionalities such as ignition, security, audio systems, air bags, event data recorders, anti-lock brake systems, cruise control, rain-sensing wipers, emission control, traction control, and automatic parking. Further, manufacturers are using microcontrollers and digital signal processors in vehicles, which can help in controlling the pollution, thereby increasing the facility to provide system monitoring features. Hence, there would be an increase in adoption of embedded systems in the automotive industry.


The objectives of the study are as follows:

Define, describe, and forecast the overall embedded systems market on the basis of hardware, software, application, and region
Forecast the market size for various segments with regard to four main regions—Americas, Europe, Asia Pacific (APAC) and Rest of the World (ROW)

Provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the embedded systems market
Analyze the micromarkets1 with respect to individual growth trends, prospects, and contribution to the embedded systems market
Provide a detailed overview of the value chain of the embedded systems market and analyze the market trends
Analyze the opportunities in the embedded systems market for stakeholders and provide the details of the competitive landscape to the market leaders
Profile the key players in the embedded systems market and comprehensively analyze their market shares and core competencies2
Benchmark players within the market using the proprietary competitive leadership mapping, which analyzes the market players on various parameters within the broad categories of strength of product portfolio and business excellence strategy
Analyze the competitive developments such as product launches, acquisitions, expansions, partnerships, and demonstrations in the embedded systems market
The base year used for this study is 2016, and the forecast period considered is 2017–2023.

Browse and in-depth TOC on "Embedded Systems Market"
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Research Methodology

The research methodology used to estimate and forecast the embedded systems market begins with obtaining data through secondary research such as journal, newsletters, and whitepapers of the leading players in this market. The bottom-up procedure has been employed to arrive at the overall size of the embedded systems market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which has been verified through primary research by conducting extensive interviews with officials holding key positions in the industry such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the following figure.

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The players involved in the embedded systems market are Intel Corporation (US), Infineon Technologies AG (Germany), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (US), Microchip Technology Incorporated (US), STMicroelectronics N.V. (Switzerland), Qualcomm Technologies Incorporated (US), Cypress Semiconductor Corporation (US), Analog Devices Inc. (US), Broadcom Limited (US), Fujitsu Limited (Japan), NXP Semiconductors N.V. (Netherlands), and Toshiba Corporation (Japan).

Key questions

Most of the suppliers have adopted product launch & development and collaboration & agreement as key strategies, as could be seen from recent developments. Where will it take the industry in the mid to long term?
Which are the key players in the market, and how intense is the competition?

Target Audience

Embedded systems component manufacturers
Original device manufacturers (ODMs)
Original equipment manufacturers (OEMs) of embedded systems
Assembly, testing, and packaging vendors
Operating system and middleware developers
Distributors and traders
Research organizations
Organizations, forums, alliances, and associations related to embedded systems
This study answers several questions for stakeholders, primarily regarding the market segments to focus on in the next 2–5 years for prioritizing efforts and investments.

Report Scope

This research report categorizes the overall embedded systems market based on hardware, software, application, and geography.

Embedded Systems Market, by Hardware

Application-specific Integrated Circuit (ASIP)/Application-specific Standard Product (ASSP)
Microcontrollers
Microprocessors
Power Management IC (PMIC)
Digital Signal Processors (DSP)
Field Processing Gate Arrays (FPGA)
Memory

Embedded Systems Market, by Software

Middleware
Operating System
Embedded Systems Market, by Application

Communications
Consumer Electronics
Energy
Healthcare
Automotive
Industrial
Aerospace & Defense

Embedded Systems Market, by Region

Americas
Europe
Asia Pacific (APAC)
Rest of the World (RoW)

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