This report identifies theglobal embedded system market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to embedded system market.
Geographically, North America dominated the global embedded system market and Asia Pacific is projected to have fastest growth, owing to increasing sales of consumer electronics and growth in automotive industry in China and India. Consumer electronics had the largest market in 2015 among all application, whereas the automotive application is expected to grow at a highest CAGR between 2016 and 2022.
This report segments global embedded system market on the basis of type, microcontroller, functionality, end-user, and regional market as follows:
- This report has focused study on embedded system market includes details of types as follows: Embedded Hardware, and Embedded Software
- Based on microcontroller embedded system market report is segmented as: Small Scale Embedded Systems, Medium Scale Embedded Systems, and Large Scale Embedded Systems
- This report on global embedded system market is also segmented on the basis of functionality as: Stand Alone Embedded Systems, Real Time Embedded Systems, Networked Embedded Systems, and Mobile Embedded Systems
- This report has also classified embedded system market on the basis of end-user industry in which it is used as: Automotive,Telecommunication, Healthcare, Industrial, Consumer Electronics, Aerospace and Defence, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region.
This report identifies all the major companies operating in the embedded system market. Some of the major companies’ profiles in detail are as follows:
- Atmel Corporation
- Freescale Semiconductor, Inc.
- HCL Technologies, Ltd.
- Intel Corporation
- Infosys, Ltd.
But, an analysis of the regional market business insights states APAC as the most lucrative marketplace in terms of global demand.
In China, for automotive it is essential to clear CCC certification (China Certification Corporation) for the safety of the passenger vehicles.As per an analysis by India Brand Equity Foundation, Indian automotive industry managed to attract FDI worth $20.85 billion from 2000-2018.
OSS Market Trends and Growth Drivers:Increasing sales of premium vehicles has augmented an influx of investment in R Automotive manufacturers are working towards the amalgamation of sensors with occupant’s brain waves.
These sensors could also give instant information to the sensors when the driver is about to make any sudden driving action like braking and turning hence making the process more efficient, precise and safe.
If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants ailment which are linked to cloud based internet services that will spontaneously redirect the information to any healthcare or emergency facilities nearby.
In 2017, Delphi Automotive plc, a global leader in OSS market confirmed an agreement with Great Wall Motor Co., a Chinese automotive giant for supplying occupant sensing systems along with scanners and radar for latest SUV models output by Great Wall Motor Co. Occupant Sensing System Market Challenges:One of the major challenge hindering the market growth is the exuberant pricing of vehicles loaded with cutting-edge technology such as OSS.
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