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Embedded Processor Market By Type and Application : Global Opportunity Analysis and Industry Forecast, 2021–2028

Embedded Processor Market By Type and Application : Global Opportunity Analysis and Industry Forecast, 2021–2028

  • May 2021
  • 285 pages
  • ID: 6102802
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Embedded Processor Market By Type (Microprocessor, Microcontrollers, Digital Signal Processor, Embedded FPGA, and Others) and Application (Consumer Electronics, Automotive & Transportation, Industrial, Healthcare, IT & Telecom, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028

The global embedded processor market was valued at $19.36 billion in 2019, and is projected to reach $32.53 billion by 2028, registering a CAGR of 8.2%. An embedded processor is a type of microprocessor, which is designed for an operating system to control the electrical and mechanical systems of the microprocessor. Embedded processors are usually simple in design and require minimal power requirements for its computational operations. An embedded processor is especially designed for handling the needs of an embedded system and to handle multiple processor in real time. As embedded system requires low power, they are preferred by various industry verticals as they draw less power from the energy sources.
Embedded processors are usually developed to be integrated in the devices, which are required to handle multiple processors in real time. These processors are in the form of a computer chip that are embedded in various microcontrollers and microprocessors to control various electrical and mechanical systems. These processors are also equipped with features such as storing and retrieving data from the memory. Embedded processors commonly work as a part of a computer system along with memory and other input-output devices.
Germany is recognized as Europe’s economic powerhouse. Around 40% of the world’s premium car production takes place in Germany, with around 70% of worldwide premium cars manufactured by German original equipment manufacturers (OEMs). According to the Federal Statistical Office, in Germany, the automotive microelectronics is expected to rise from 5.9% per year, making it the strongest country in the automotive industry vertical.
Thus, the growing automotive industry is driving the embedded processor market in Germany as the high-end and autonomous cars are integrated with embedded processors and microcontrollers for its electrification and automation functioning.
Factors such as rise in space constraints in semiconductors wafers, increase in demand for smart consumer electronics, and emerging usage of embedded processors in automotive industry boosted the growth of the global embedded processor market. However, high implementation cost of embedded processors in different applications acts as a major restraint hampering the embedded processor industry. Furthermore, increase in popularity of IoT, rise in trend toward electric vehicles, and increase in usage of embedded processors in the biomedical sectors offer lucrative opportunities for the embedded processor market growth globally.
The global embedded processor market share is analyzed by type, application, and region. Based on type, the market is analyzed across microprocessor, microcontrollers, digital signal processor, embedded FPGA, and others. On the basis of application, the market is divided into consumer electronics, automotive & transportation, industrial, healthcare, IT & telecom, aerospace & defense, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.
The key embedded processor market leaders profiled in the report include NXP Semiconductors, Broadcom Corporation, STMicroelectronics, Intel Corporation, Infineon Technologies AG, Analog Devices Inc., Renesas Electronics, Microchip Technology Inc., Texas Instruments, and ON Semiconductor. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.

Embedded Processor Market Key Segments

By Type
• Microprocessor
• Microcontrollers
• Digital Signal Processor
• Embedded FPGA
• Others

By Application
• Consumer Electronics
• Automotive & Transportation
• Industrial
• Healthcare
• IT & Telecom
• Aerospace & Defense
• Others

By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Sweden
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa

Key Market Players
• NXP Semiconductors
• Broadcom Corporation
• STMicroelectronics
• Intel Corporation
• Infineon Technologies AG
• Analog Devices Inc.
• Renesas Electronics
• Microchip Technology Inc.
• Texas Instruments
• ON Semiconductor

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