The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on System on Module Market. The growth sectors of the System on Module Market are identified with precision for a better growth perspective.
Market Research Future (MRFR) in its latest report on the system on module discuss the impact of COVID pandemic of the SoM market size in China, the US and the UK across the assessment period. The expansion of the global System on Module (SoM) market across the review period 2018 to 2025 can be at 15% CAGR. The SoM market was recorded at USD 1.40 Bn in 2018. By 2025, the SoM market can value at USD 3.60 Bn, considering the effect of coronavirus. SoM solutions have resolved challenges, such as innovation in design products that can enhance connectivity, intelligence, and performance, while decreasing power consumption, cutting costs, and size management of products. The growing popularity of SoM as an ideal platform for the development of focused and quick product design can boost the expansion of the world market.
The rise in the adoption of SoM in the healthcare sector to facilitate real-time health diagnosis with the assistance of embedded systems and artificial intelligence (AI) by providing accurate results can promote the expansion of the system on module market. In addition, the surge in the need for portable and wireless gadgets, such as smart wearable medical fabric can fuel the rise of the SoM global market in the years to come.
Market Segmentation
The segment study of the global System on Module (SoM) market is based on two parameters. Type and application can two parameters on which the market segmentation is done. The type based segments of the system on module market are power architecture, arm architecture, and x86 architecture. The application based segments of the system on module market are transportation, test & measurement, entertainment, industrial automation, medical, and others.
Regional Analysis
The system on module market in the Asia Pacific region can dominate the world market. The proliferation of industrial automation solutions in enterprises of different countries, such as Taiwan, China, Japan, and India among regions of APAC can cause expansion of the regional SoM market across the assessment period. In North America, the system on module market is expected to boom in the years to come due to the rise in utility of SoM and effective technical support. In Europe, the system on module market is likely to rise at a high pace in the years to come. The increase in the development of autonomous cars across the US and Germany can prompt the SoM market growth in Europe.
Competitive Analysis
System on modules manufacturers are highly focused on the development of small and flexible solutions. The wide range of system on module industrial applications offering high performance and better reliability at affordable price can benefit the expansion of the worldwide system on module market. The use of effective embedded platforms to introduce end-products by different key players are likely to transform the competitive landscape of the market. The rapid growth of embedded solutions and the rise in focus of key players to provide superior SoM solutions are likely to intensify the competition in the near future.
Key Players
MRFR profiled some reputed names functioning in the system on module (SoM) global market. They are; Advantech Co., Ltd (Taiwan), AAEON Technology, Inc.(Taiwan), Toradex (Switzerland), Avalue Technology (Taiwan), Microchip Technology, Inc. (US), Avnet, Inc. (US), EMAC, Inc. (US), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), National Instruments Corporation (US), Kontron S&T AG (Germany), Eurotech, Inc. (US), SECO S.p.An (Italy), TechNexion Ltd (Taiwan), Phytic (Germany), and VIA Technologies, Inc. (Taiwan).
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The expansion of the global System on Module (SoM) market across the review period 2018 to 2025 can be at 15% CAGR.
SoM solutions have resolved challenges, such as innovation in design products that can enhance connectivity, intelligence, and performance, while decreasing power consumption, cutting costs, and size management of products.
The rise in the adoption of SoM in the healthcare sector to facilitate real-time health diagnosis with the assistance of embedded systems and artificial intelligence (AI) by providing accurate results can promote the expansion of the system on module market.
In addition, the surge in the need for portable and wireless gadgets, such as smart wearable medical fabric can fuel the rise of the SoM global market in the years to come.
Competitive Analysis System on modules manufacturers are highly focused on the development of small and flexible solutions.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/8628 Key Players MRFR profiled some reputed names functioning in the system on module (SoM) global market.
Market OverviewGlobal System on Module Market is expected to reach USD 3,774.9 Million by 2027 with a CAGR of 7.97% during the forecast period.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.
An SoM can be used in various applications, including eBook reader, deep learning, wearable, automation, test and measurement, industrial human-machine interface (HMI), drone, medical imaging, and industrial control.Competitive AnalysisThe Key Players of the Global System on Module Market are AAEON Technology, Inc. (Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytic (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan) among others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8628In September 2020, AAEON launched a series of embedded platforms integrated with Intel Core processors (11th Gen) and Intel Atom processors for increased performance, flexibility, and ability of edge computing.In September 2020, Avalue Technology launched EAX-C246BP, an ATX motherboard integrated with Intel Xeon, Intel Core TM/Pentium, and Celeron processors for automation, industrial, automatic medicine packaging machine, and other embedded applications.In September 2020, Seco launched SM-C93, a SMARC Rel 2.1.1 compliant module with the Intel Atom x6000E Series and Intel Pentium and Celeron N and J Series processors for industrial, retail, and gaming applications.In August 2019, Via Technologies and Ekioh collaborated to improve the performance and deployment of Ekioh browser solutions on Via Technologies embedded platforms.Segmental AnalysisGlobal System on Module Market has been segmented based on Type, Application, and Region.Based on type, the global market has been segmented into X86 Architecture, ARM Architecture, and Power Architecture.
The ARM architecture segment second dominating segment in the market with a share of 40.27%.
Acorn RISC Machine (ARM) is a family of reduced instruction set computing (RISC) architectures for computer processors, configured for various environments.
ARM processors are desirable for light, portable, battery-powered devices, including smartphones, laptops, and tablet computers, as well as other embedded systems.
System on Module MarketThe global system on module (SoM) market is expected to grow from USD 1.40 billion in 2018 to USD ~3.60 billion by 2025, at a CAGR of ~15% during the forecast period.
System on module, also known as computer on module, is a chip consisting of clock, microprocessor, RAM, flash memory, Ethernet and I/O controllers on a single printed circuit board.
It is ready-to-use, processor module which is used for developing any embedded product.
Advantages of SoMs include rapid, lower risk hardware development, lower system cost, and the potential for processor upgrade.Key playersThe key players in the system on module (SoM) market are AAEON Technology, Inc.(Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytec (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan).Regional AnalysisThe global system on module (SoM) market is projected to grow at a significant rate during the forecast period from 2019 to 2025.
The geographic analysis of the global system on module (SoM) market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.Asia-Pacific region holds the largest market share due to the adoption of smart factory and Industry 4.0 trends to improve the efficiency and productivity of embedded systems which has boosted their demand.
North America followed by Europe is expected to be the fastest-growing region during forecast period owing to the adoption of robotics and industrial automation in countries like the US, UK, Germany, and France.
