Embedded System Market Analysis By Product (Hardware, Software), By Application (Automotive, Telecommunication, Healthcare, Industrial, Consumer Electronics, Military & Aerospace) And Segment Forecasts To 2020
The global embedded systems market is expected to reach USD 214.39 billion by 2020. Favorable regulatory scenario for installation of smart devices such as smart meters is expected to drive global embedded system demand over the forecast period. Growing adoption and evolution of the Internet of Things (IoT) driven by technological advancement is also expected to fuel the industry over the next six years.
Increasing demand for end-use industries such as healthcare and consumer electronics is expected to positively impact the embedded systems market. Key requirements for an efficient embedded system include high degree of reliability and responsiveness as well as low cost, since these devices are embedded in safety critical systems. Decreasing prices of microcontrollers, which are a key component of embedded hardware, is expected to give impetus to the market in the coming years.
Further key findings from the study suggest:
Embedded hardware is expected to remain the dominant product segment and accounted for 93.8% of the global market in 2013. It includes Digital Signal Processors (DSP), microprocessors as well as microcontrollers. Embedded software is expected to grow at the fastest rate of 8.1% from 2014 to 2020.
Automotive is expected to continue leading the global market; the segment accounted for 20.8% of the overall market share in 2013. This can be attributed to the high electronic content in automotives coupled with growing focus on Hybrid Electric Vehicles (HEV) for energy efficiency. The market for healthcare applications is expected to be the fastest growing, at a CAGR of 7.1% from 2014 to 2020.
North America accounted for over 34% of the global market in 2013, and is expected to remain the largest regional market over the next six years. The market in Asia Pacific is marked by the presence of semiconductor fabrication plants such as the Taiwan Semiconductor Manufacturing Company (TMSC); the region also comprises a significant number of skilled professionals. As a result, the market in this region is expected to grow at a CAGR of 6.7% from 2014 to 2020, faster than the global average.
Companies operating in the global embedded systems market offer embedded software development as well as hardware such as microcontrollers and microprocessors. Key industry participants include Renesas Electronics, Intel Corporation, Freescale Semiconductor, Infineon Technologies, Atmel Corporation and Samsung Electronics among others.
For the purpose of this study, Grand View Research has segmented the global embedded systems market on the basis of product, application and region:
Increasing demand for end-use industries such as healthcare and consumer electronics is expected to positively impact the embedded systems market. Key requirements for an efficient embedded system include high degree of reliability and responsiveness as well as low cost, since these devices are embedded in safety critical systems. Decreasing prices of microcontrollers, which are a key component of embedded hardware, is expected to give impetus to the market in the coming years.
Further key findings from the study suggest:
Embedded hardware is expected to remain the dominant product segment and accounted for 93.8% of the global market in 2013. It includes Digital Signal Processors (DSP), microprocessors as well as microcontrollers. Embedded software is expected to grow at the fastest rate of 8.1% from 2014 to 2020.
Automotive is expected to continue leading the global market; the segment accounted for 20.8% of the overall market share in 2013. This can be attributed to the high electronic content in automotives coupled with growing focus on Hybrid Electric Vehicles (HEV) for energy efficiency. The market for healthcare applications is expected to be the fastest growing, at a CAGR of 7.1% from 2014 to 2020.
North America accounted for over 34% of the global market in 2013, and is expected to remain the largest regional market over the next six years. The market in Asia Pacific is marked by the presence of semiconductor fabrication plants such as the Taiwan Semiconductor Manufacturing Company (TMSC); the region also comprises a significant number of skilled professionals. As a result, the market in this region is expected to grow at a CAGR of 6.7% from 2014 to 2020, faster than the global average.
Companies operating in the global embedded systems market offer embedded software development as well as hardware such as microcontrollers and microprocessors. Key industry participants include Renesas Electronics, Intel Corporation, Freescale Semiconductor, Infineon Technologies, Atmel Corporation and Samsung Electronics among others.
For the purpose of this study, Grand View Research has segmented the global embedded systems market on the basis of product, application and region:
- Embedded Systems Product Outlook (Revenue, USD Billion, 2012 - 2020)
- Embedded Hardware
- Embedded Software
- Embedded Systems Application Outlook (Revenue, USD Billion, 2012 - 2020)
- Automotive
- Consumer Electronics
- Healthcare
- Industrial
- Military and Aerospace
- Telecommunication
- Others
- Embedded Systems Regional Outlook (Revenue, USD Billion, 2012 - 2020)
- North America
- Europe
- Asia Pacific
- RoW
CHAPTER 1 EXECUTIVE SUMMARY
1.1 Embedded Systems - Industry Summary & Critical Success Factors (CSFs)
CHAPTER 2 EMBEDDED SYSTEMS INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Embedded Systems Value Chain Analysis
2.3.1 Key Driver Analysis
2.3.1.1 Growing smart grid initiatives
2.3.1.2 Technological advancement
2.3.1.3 Increasing demand from end-use industries
2.3.2 Key Restraint Analysis
2.3.2.1 Security Concerns
2.4 Embedded Systems Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Embedded Systems - Company Market Share Analysis, 2013
2.8 Embedded Systems - PESTEL Analysis
CHAPTER 3 EMBEDDED SYSTEMS PRODUCT OUTLOOK
3.1 Embedded Hardware
3.1.1 Global embedded hardware demand, by region, (USD Billion), 2012 - 2020
3.2 Embedded Software
3.2.1 Global embedded software demand, by region, (USD Billion), 2012 – 2020
CHAPTER 4 EMBEDDED SYSTEMS APPLICATION OUTLOOK
4.1 Automotive
4.1.1 Global embedded systems demand in automotive, by region, (USD Billion), 2012 - 2020
4.2 Consumer Electronics
4.2.1 Global embedded systems demand in consumer electronics, by region, (USD Billion), 2012 – 2020
4.3 Healthcare
4.3.1 Global embedded systems demand in healthcare, by region, (USD Billion), 2012 - 2020
4.4 Industrial
4.4.1 Global embedded systems demand in industrial applications, by region, (USD Billion), 2012 – 2020
4.5 Military and Aerospace
4.5.1 Global embedded systems demand in military and aerospace, by region, (USD Billion), 2012 - 2020
4.6 Telecommunication
4.6.1 Global embedded systems demand in telecommunication, by region, (USD Billion), 2012 - 2020
4.7 Others
4.7.1 Global embedded systems demand in other applications, by region, (USD Billion), 2012 - 2020
CHAPTER 5 EMBEDDED SYSTEM REGIONAL OUTLOOK
5.1 North America
5.1.1 North America embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.1.2 North America embedded systems market revenue by application, (USD Billion), 2012 - 2020
5.2 Europe
5.2.1 Europe embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.2.2 Europe embedded systems market revenue by application, (USD Billion), 2012 – 2020
5.3 Asia Pacific
5.3.1 Asia Pacific embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.3.2 Asia Pacific embedded systems market revenue by application, (USD Billion), 2012 – 2020
5.4 RoW
5.4.1 RoW embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.4.2 RoW embedded systems market revenue by application, (USD Billion), 2012 – 2020
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Altera Corporation
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 ARM Holdings
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Atmel Corporation
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Freescale Semiconductor
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Infineon Technologies
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Intel Corporation
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Microchip Technology
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Microsoft Corporation
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 NXP Semiconductors
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Renesas Electronics Corporation
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Samsung Electronics Corporation
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 STMicroelectronics
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Texas Instruments
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
CHAPTER 7 METHODOLOGY AND SCOPE
7.1 Research Methodology
7.2 Research Scope & Assumption
7.3 List of Data Sources
1.1 Embedded Systems - Industry Summary & Critical Success Factors (CSFs)
CHAPTER 2 EMBEDDED SYSTEMS INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Embedded Systems Value Chain Analysis
2.3.1 Key Driver Analysis
2.3.1.1 Growing smart grid initiatives
2.3.1.2 Technological advancement
2.3.1.3 Increasing demand from end-use industries
2.3.2 Key Restraint Analysis
2.3.2.1 Security Concerns
2.4 Embedded Systems Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Embedded Systems - Company Market Share Analysis, 2013
2.8 Embedded Systems - PESTEL Analysis
CHAPTER 3 EMBEDDED SYSTEMS PRODUCT OUTLOOK
3.1 Embedded Hardware
3.1.1 Global embedded hardware demand, by region, (USD Billion), 2012 - 2020
3.2 Embedded Software
3.2.1 Global embedded software demand, by region, (USD Billion), 2012 – 2020
CHAPTER 4 EMBEDDED SYSTEMS APPLICATION OUTLOOK
4.1 Automotive
4.1.1 Global embedded systems demand in automotive, by region, (USD Billion), 2012 - 2020
4.2 Consumer Electronics
4.2.1 Global embedded systems demand in consumer electronics, by region, (USD Billion), 2012 – 2020
4.3 Healthcare
4.3.1 Global embedded systems demand in healthcare, by region, (USD Billion), 2012 - 2020
4.4 Industrial
4.4.1 Global embedded systems demand in industrial applications, by region, (USD Billion), 2012 – 2020
4.5 Military and Aerospace
4.5.1 Global embedded systems demand in military and aerospace, by region, (USD Billion), 2012 - 2020
4.6 Telecommunication
4.6.1 Global embedded systems demand in telecommunication, by region, (USD Billion), 2012 - 2020
4.7 Others
4.7.1 Global embedded systems demand in other applications, by region, (USD Billion), 2012 - 2020
CHAPTER 5 EMBEDDED SYSTEM REGIONAL OUTLOOK
5.1 North America
5.1.1 North America embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.1.2 North America embedded systems market revenue by application, (USD Billion), 2012 - 2020
5.2 Europe
5.2.1 Europe embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.2.2 Europe embedded systems market revenue by application, (USD Billion), 2012 – 2020
5.3 Asia Pacific
5.3.1 Asia Pacific embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.3.2 Asia Pacific embedded systems market revenue by application, (USD Billion), 2012 – 2020
5.4 RoW
5.4.1 RoW embedded systems market revenue by product, (USD Billion), 2012 – 2020
5.4.2 RoW embedded systems market revenue by application, (USD Billion), 2012 – 2020
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Altera Corporation
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 ARM Holdings
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Atmel Corporation
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Freescale Semiconductor
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Infineon Technologies
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Intel Corporation
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Microchip Technology
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Microsoft Corporation
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 NXP Semiconductors
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Renesas Electronics Corporation
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Samsung Electronics Corporation
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 STMicroelectronics
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Texas Instruments
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
CHAPTER 7 METHODOLOGY AND SCOPE
7.1 Research Methodology
7.2 Research Scope & Assumption
7.3 List of Data Sources
LIST OF TABLES
Embedded Systems – Industry Summary & Critical Success Factors (CSFs)
Global embedded systems market (USD Billion), 2012 - 2020
Global embedded systems market by region (USD Billion), 2012 – 2020
Global embedded systems market by product (USD Billion), 2012 – 2020
Global embedded systems market by application (USD Billion), 2012 – 2020
Global embedded hardware demand, (USD Billion), 2012 - 2020
Global embedded hardware demand, by region, (USD Billion), 2012 – 2020
Global embedded software demand, (USD Billion), 2012 - 2020
Global embedded software demand, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in automotive (USD Billion), 2012 – 2020
Global embedded systems demand in automotive, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in other applications (USD Billion), 2012 – 2020
Global embedded systems demand in other applications, by region, (USD Billion), 2012 – 2020
North America embedded systems market by product (USD Billion), 2012 – 2020
North America embedded systems market by application (USD Billion), 2012 – 2020
Europe embedded systems market by product (USD Billion), 2012 – 2020
Europe embedded systems market by application (USD Billion), 2012 – 2020
Asia Pacific embedded systems market by product (USD Billion), 2012 – 2020
Asia Pacific embedded systems market by application (USD Billion), 2012 – 2020
RoW embedded systems market by product (USD Billion), 2012 – 2020
RoW embedded systems market by application (USD Billion), 2012 – 2020
Embedded Systems – Industry Summary & Critical Success Factors (CSFs)
Global embedded systems market (USD Billion), 2012 - 2020
Global embedded systems market by region (USD Billion), 2012 – 2020
Global embedded systems market by product (USD Billion), 2012 – 2020
Global embedded systems market by application (USD Billion), 2012 – 2020
Global embedded hardware demand, (USD Billion), 2012 - 2020
Global embedded hardware demand, by region, (USD Billion), 2012 – 2020
Global embedded software demand, (USD Billion), 2012 - 2020
Global embedded software demand, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in automotive (USD Billion), 2012 – 2020
Global embedded systems demand in automotive, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication, by region, (USD Billion), 2012 – 2020
Global embedded systems demand in other applications (USD Billion), 2012 – 2020
Global embedded systems demand in other applications, by region, (USD Billion), 2012 – 2020
North America embedded systems market by product (USD Billion), 2012 – 2020
North America embedded systems market by application (USD Billion), 2012 – 2020
Europe embedded systems market by product (USD Billion), 2012 – 2020
Europe embedded systems market by application (USD Billion), 2012 – 2020
Asia Pacific embedded systems market by product (USD Billion), 2012 – 2020
Asia Pacific embedded systems market by application (USD Billion), 2012 – 2020
RoW embedded systems market by product (USD Billion), 2012 – 2020
RoW embedded systems market by application (USD Billion), 2012 – 2020
LIST OF FIGURES
Embedded Systems Market Segmentation
Global embedded systems market (USD Billion), 2012 - 2020
Embedded systems value chain analysis
Embedded systems market dynamics
Embedded Systems - Company market share analysis, 2013
Key Opportunities Prioritized
Industry Analysis - Porter's
Embedded Systems PESTEL Analysis, 2013
Embedded systems market share by product, 2012 & 2020
Global embedded hardware demand (USD Billion), 2012 – 2020
Global embedded software demand (USD Billion), 2012 – 2020
Embedded systems market share by application, 2012 & 2020
Global embedded systems demand in automotive (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication (USD Billion), 2012 – 2020
Global embedded systems demand in other applications (USD Billion), 2012 – 2020
Embedded systems market share by region, 2012 & 2020
North America embedded systems market, by product (USD Billion), 2012 – 2020
North America embedded systems market, by application (USD Billion), 2012 – 2020
Europe embedded systems market, by product (USD Billion), 2012 – 2020
Europe embedded systems market, by application (USD Billion), 2012 – 2020
Asia Pacific embedded systems market, by product (USD Billion), 2012 – 2020
Asia Pacific embedded systems market, by application (USD Billion), 2012 – 2020
RoW embedded systems market, by product (USD Billion), 2012 – 2020
RoW embedded systems market, by application (USD Billion), 2012 – 2020
Embedded Systems Market Segmentation
Global embedded systems market (USD Billion), 2012 - 2020
Embedded systems value chain analysis
Embedded systems market dynamics
Embedded Systems - Company market share analysis, 2013
Key Opportunities Prioritized
Industry Analysis - Porter's
Embedded Systems PESTEL Analysis, 2013
Embedded systems market share by product, 2012 & 2020
Global embedded hardware demand (USD Billion), 2012 – 2020
Global embedded software demand (USD Billion), 2012 – 2020
Embedded systems market share by application, 2012 & 2020
Global embedded systems demand in automotive (USD Billion), 2012 – 2020
Global embedded systems demand in consumer electronics (USD Billion), 2012 – 2020
Global embedded systems demand in healthcare (USD Billion), 2012 – 2020
Global embedded systems demand in industrial applications (USD Billion), 2012 – 2020
Global embedded systems demand in military and aerospace (USD Billion), 2012 – 2020
Global embedded systems demand in telecommunication (USD Billion), 2012 – 2020
Global embedded systems demand in other applications (USD Billion), 2012 – 2020
Embedded systems market share by region, 2012 & 2020
North America embedded systems market, by product (USD Billion), 2012 – 2020
North America embedded systems market, by application (USD Billion), 2012 – 2020
Europe embedded systems market, by product (USD Billion), 2012 – 2020
Europe embedded systems market, by application (USD Billion), 2012 – 2020
Asia Pacific embedded systems market, by product (USD Billion), 2012 – 2020
Asia Pacific embedded systems market, by application (USD Billion), 2012 – 2020
RoW embedded systems market, by product (USD Billion), 2012 – 2020
RoW embedded systems market, by application (USD Billion), 2012 – 2020
