Embedded systems refer to, application-specific combination of electronic hardware and software for meeting the specific demand(s) of the system in which they are embedded. Surge in the demand for smart electricity meters in mainly the developing countries of Asia Pacific and South America had driven the embedded system market in the recent years. The rising demand for smart meters is also expected to continue over the coming years, attributed to the government initiatives towards energy efficiency and electrification in the rural areas of developing countries, such as India and China. Moreover, some of the further factors, such as technological advancement coupled with falling prices of inputs materials, like microcontroller and microprocessor units have also created a positive impact on the growth of the embedded system market in the recent years.
To Browse Full Report Visit Here: https://www.psmarketresearch.com/market-analysis/embedded-system-market
Based on the different products, the global embedded system market can be broadly classified as embedded hardware, and embedded software. Based on the different applications of the embedded system the global embedded system market can be segmented as automotive, consumer electronics, healthcare, telecommunication, industrial, homeland security and military, and aerospace.
Embedded hardware has been the largest segment of the global embedded system market in 2014. The embedded hardware is also expected to be the fastest growing market during the forecast period. Some of the major components under embedded hardware are microcontroller, microprocessors, analog to digital signal processer, digital to analog signal processer, high pass filter, low pass filter, sensors, and printed circuit. The embedded software system includes operating system (OS), timer tools and middleware. Most of the embedded systems require real-time data processing, since they are used for application specific tasks. This has led to the requirement of efficient software which is specifically designed for the target application.
Browse For Related Research Visit Here: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
North America dominated the embedded system market in 2014. North America is also expected to continue with its market dominance in the embedded system market over the next five years. The Asia Pacific market is expected to be the fastest growing market over the forecast period. The high growth of the Asia Pacific market is attributed to emergence of automotive industry in the developing countries, such as India and China. Taiwan and China are some of the leading players of the embedded system market in this region.
Some of the competitors in the global embedded system market are Altera Corporation, Atmel Corporation, Intel Corporation, Freescale Semiconductor, Inc., Mentor Graphics Corporation, Microsoft Corporation Inc, Microchip Technology Inc., Texas Instruments, ARM Holdings Plc, Zilog Inc., Eldos Corporation, Codethink Ltd., Infineon Technologies, SSV Software Systems GmbH, NXP Semiconductors, STMicroelectronics, SSV Software Systems GmbH, HCL Technologies Limited, Tieto Deutschland GmbH, Infosys Limited, Renesas Electronics Corporation, and Samsung Electronics Corporation.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)