Global Industrial Embedded Systems Market 2016-2020

Overview of the global industrial embedded systems market

The global industrial embedded systems market is anticipated to grow at a steady CAGR of more than 5% during the forecast period. The increasing importance of embedded software will drive the growth of the global industrial embedded systems market until the end of 2020. In the past, several manufacturers relied on hardware-centric models such as the digital signal processor (DSP) and field application gateway arrays (FPGAs) to increase process efficiencies. But with the rising demand for cutting-edge technical systems, manufacturers are moving towards software-driven industrial embedded systems. This demand also corresponds to the advent of advanced human-machine interfaces, smart sensors, real-time data acquisition, and cloud computing. Also, a software-based approach supports an overall reduction in the developmental time and brings about a significant dip in the overall expenditure. This increase in the emphasis on software is a significant factor that will drive the growth prospects for the market in the forthcoming years.

In terms of geography, APAC accounted for the maximum market share during 2015 and will continue to dominate the market during the forecast period. The major factor contributing to this growth is the recent increase in the number of Greenfield projects. Also, the shift from legacy systems and machinery to modern technology and equipment is another factor driving growth. Additionally, the region has a strong presence in power, oil and gas, cement, automotive, electrical and electronics, pulp and paper, steel and metal processing, semiconductor and chemical and petrochemical industries, which also drives the market’s growth prospects in the coming years.

Competitive landscape and key vendors

The vendors in the market differentiate themselves from other vendors based on their product performance, portfolio and service offerings, applications, knowledge of integrated systems, and quality of products. Similarly, the established industrial embedded system vendors in the market generate revenues through both direct and indirect sales. Besides this, the distributors or third-party vendors are also trying to expand their market presence based on factors such as the hiring of new talent and getting the international quality standard organizations to benchmark their products and services.

Key vendors in this market are -

• Atmel
• Intel
• National Instruments
• Infineon Technologies

Other prominent vendors in the market include AAEON Electronics, Acrosser Embedded SBC, ADES, ADL Embedded Solutions, ADLINK Technology, Advantech, AEWIN Technologies, ARM, Artesyn Embedded Technologies, AXIOMTEK, Beckhoff Automation, Bharathi Electronics, IBASE Technology, ICOP Technology, Nexcom Europe, NXP, MEN Mikro Electronik, PHYTEC Embedded, Renesas, Samsung Electronics, SECO, STMicroelectronics, Syslogic, Texas Instruments, Sealevel Systems, Technoland, Toradex, Touit, and VIA Technologies.

Segmentation by type and analysis of the industrial embedded systems market

• Small
• Medium scale
• Sophisticated

Small and medium scale embedded systems are the most preferred in the industrial sector, but with time, the sophisticated embedded systems are gaining traction in the market and are likely to grow for the next four years. One of the major factors leading to this growth is an increase in the complexity of industrial operations. Additionally, the high demand for higher speeds, reliability, and longevity of the system also increases the market segment’s growth during the forecast period.

Segmentation by component and analysis of the industrial embedded systems market

• Hardware
• Software

The hardware segment dominated the industrial embedded systems market in 2015 and will continue to do so during the forecast period. Some of the applications that the hardware component of embedded system exhibits are the detection of temperature control, light, and fire.

Key questions answered in the report include

• What will the industrial embedded systems market size and growth rate be in 2020?
• What are the key factors driving the global industrial embedded systems market?
• What are the key market trends impacting the growth of the global industrial embedded systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial embedded systems market?
• What are the market opportunities and threats faced by the vendors in the global industrial embedded systems market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global industrial embedded systems market?

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