Pune, India -- (SBWIRE) -- 04/10/2019 -- The Global Embedded System has been segmented on the basis of hardware and software, including processor IP, microcontrollers and microprocessors, digital signal processors, application-specific integrated circuit, field processing gate arrays, embedded boards, operating systems, software development and testing tools, middleware, open-source software and tools.

Key players in details:

Renesas Electronics, STMicroelectronics, NXP(Freescale), Texas Instruments, Xilinx, Altera, Infineon Technologies, Microchip, Intel Corporation, Fujitsu Limited, Atmel, ARM Limited, Advantech, Kontron, Analog Devices and Others.

The worldwide market for Embedded Systems is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 95400 million US$ in 2024, from 68900 million US$ in 2019, according to recent research.

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Market is segmented on the basis Type, Application and Region:

Global Embedded Systems Market segment by type: Embedded Hardware, Embedded Software.

Global Embedded Systems Market Segment by Applications: Automotive, Telecommunication, Healthcare, Industrial, Consumer Electronics, Military & Aerospace, Others.

Scope of the Report:

Embedded hardware covered over 93% of the market share in 2015, and is projected to dominate the market over the estimated period. Product includes microcontrollers, Digital Signal Processors (DSP), microprocessors and others. Embedded software includes middleware tool and operating system (OS).

Embedded systems have real-time restraints since they are used for a variety of safety vital purposes. This has led to the requirement for proficient software modified for the target purpose. This sector is likely to rise at a CAGR of 6.36% from 2016 to 2021. Automotive applications covered over 24 % of the overall market in 2015 and are projected to remain the largest sector over the forecast period. In automotive industry, embedded systems are used for safety, infotainment, and engine control among others.

Growing demand for vehicles outfitted with car-to-road communication facilities and efficient navigation is estimated to drive the market. Furthermore, shifting focus towards hybrid electric vehicles (HEV) and electric vehicles (EV) to control emission is estimated to fuel embedded system market growth. Healthcare is anticipated to be the fastest rising application, at a CAGR of 8.35% from 2016 to 2021. Handheld and Portable medical equipment and devices such as essential signs monitoring systems make wide use of embedded systems.

Consumer electronics including HVAC (heating, ventilation, and air conditioning), microwave ovens and mobile phones, uses embedded software and hardware is projected to nurture the market over the next five years. Industrial applications include infrastructure, energy, and process control among others. Data feedback and acquisition control systems for automation are anticipated to provide positive avenues to market growth for industrial applications.

Embedded Systems Market report comprises key factor which can be useful for any new player in the industry. It is possible due to comparative analysis and overview that is provided in the report. By focusing on all the details in the report, it is more than enough for any newcomers entering the industry so that they can get a better knowledge and study the market before making any strategic decision.

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Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%) of product in these regions, from 2017 to 2024 (forecast), covering United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

There are 15 Chapters to deeply display the global Embedded Systems market:

Chapter 1, to describe Embedded Systems Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Embedded Systems, with sales, revenue, and price of Embedded Systems Market, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Embedded Systems, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the Embedded Systems Market  by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Embedded Systems market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;

Chapter 13, 14 and 15, to describe Embedded Systems Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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