Embedded System Market: Trends, outlook and Opportunity Analysis 2021
The applications of embedded systems have increased drastically over the past years, especially in the automotive industry. Multi-core technologies are being appreciated and are now in great demand across various industry verticals. Embedded graphics systems have now become a mainstay in consumer electronics, which is another industry growing at an exceptional rate. Healthcare, defense, aerospace, and telecommunications are other industries where the use of embedded systems is bringing about a sea of changes for the better. Embedded systems are also finding a wide range of use in the current high demand concept of smart electronics and connected devices. The cumulative growth in demand for embedded systems through all these application industries is expected to be a high impact driver for its global market and all its players. The revenue generated in the global market for embedded systems is, as a result, expected to progress at a strong CAGR of 6.4% from 2015 to 2021. This market is expected to reach US$233.19 bn by the end of 2021. Obtain Report Details @ http://www.transparencymarketresearch.com/embedded-system.html By the end of 2021, the demand for embedded systems in North America is expected to generate a revenue of US$89.87 bn, which will be the leading share at the time. The demand for embedded systems in this region has always been very high due to a head start this region gained from early penetration in the U.S. This region has housed a great number of the key players currently functioning in the global market, including Intel Corporation, Texas Instruments, and Freescale Semiconductor. The high level of research and development efforts taken by these companies has increased the self-reliance of the embedded systems market in North America and eventually had a positive impact on the global market as well. Asia Pacific held the second place in the top revenue generating regions for embedded systems players in 2014 and is expected to retain its position till 2021. China, Taiwan, South Korea – to name a few – are well on their way towards large scale implementation of modern embedded
systems in automotive and consumer electronics industries. The region is expected to see a boom in the demand for embedded systems in the healthcare sector over the coming years. Make an Enquiry@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=995 The demand for embedded systems in the automotive industry is expected to take up 18.3% of the market value by 2021. This will be a leading share, similar to this industry’s share in market value in 2014. Automobiles are one of the more perfect application fields for embedded systems due to the small size of these systems. They can easily fit into various components in a car, which has led to car makers evolving their designs and concepts around the use of embedded systems and other electronics. The top providers of embedded systems across the globe include Renesas Electronics Corporation, Freescale Semiconductor, Samsung Electronics Corporation, Atmel Corporation, Infineon Technologies, STMicroelectronics, Fujitsu, Microchip Technologies, and Texas Instruments. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207
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