Technavio Announces the Publication of its Research Report Global Industrial Embedded Systems Market 2016-2020
Technavio recognizes the following companies as the key players in the global industrial embedded systems market: Atmel, Intel, National Instruments, and Infineon Technologies.
Other prominent vendors in the market are: 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.
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Commenting on the report, an analyst from Technavios team said: One of latest trends in the market is increased adoption of multi-core processors. Earlier, 8-bit microcontrollers were the most commonly used in industrial embedded systems such as motor control, industrial process control, actuators, sensors, and robotics. However, industrial technology has advanced to include complex capabilities such as wireless connectivity, imaging, smart sensors and this has propelled the demand for advanced and efficient algorithms. Hence, vendors are designing single chips with multiple cores to enhance applications, increase reliability, reduce power consumption, and lower overall operational costs.
According to the report, one of the primary drivers in the market is increased emphasis on energy efficiency in industries. Motors in all major industries consume more than 60% of the global manufacturing industrial sectors energy annually. We estimate that more than 7% of the global energy demand can be effectively reduced by optimizing industrial motor energy efficiency. The ISO 9000/14000 is an international energy and quality management system that emphasizes the use of specialized systems to ensure energy efficiency in the operation of compressors, motors, and pumps.
Further, the report states that one major challenge in the market is high development cost of industrial embedded system. According to Moores law based on astute observations, the number of transistors on an integrated circuit doubles every two years. An ideal embedded system is a low cost, compact system which features memory, processor and I/O peripherals on a single chip. However, designing the hardware of industrial embedded systems is riddled with difficulty as many compromises occur while trying to augment one function. For instance, trying to reduce power expenditure reduces the overall speed and increases the size of the system. Similarly, efforts to increase the speed and functionalities of the chip results in an increase of cost of manufacturing price of the embedded system. Hence due to this complex designing process, the time to market can be as large as eight months for industrial embedded systems and incur high development costs. We note that there is a huge difference between production costs and development costs for small, medium, and sophisticated embedded systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Industrial Embedded Systems
Integrated circuits and microchips have revolutionized industrial automation. The earliest example of a single board single purpose design is the PC/104, which had accessory boards to accommodate many application needs, but was as large as a 3.5-inch floppy disk. Chip manufacturers subsequently improvised and developed single board systems with smaller processors that can perform advanced functions. The system-on-module (SOM) and system-on-chip (SoC) are advanced computerised platforms, which comprise processors, I/O functions, and communication interfaces. They are ubiquitous and serve a broad range of applications starting from a calculator to industrial controls to space technology. Currently, more than 2 billion microcontrollers are developed and manufactured every year.
Technavios analysts forecast the global industrial embedded systems market to grow at a CAGR of 10.16% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial embedded systems market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.
The market is divided into the following segments based on geography:
Technavio’s report, Global Industrial Embedded Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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