Computer on Module Market

Computer on Module Market Outlook – 2027 

The global computer on module market was valued at $1,117.6 million in 2019, and is projected to reach $1,567.0 million by 2027, registering a CAGR of 5.2% from 2020 to 2027. Computer on module is a type of development board that has various components such as processors, memory, heat sink, chipset, operating system, and other peripherals. 

COVID 19 scenario to impact Consumer Electronics segment in Global Computer on Module Market negatively.

Computer on Module (COM) is also termed as System on Module (SOM). Computer on module is commonly paired with a carrier board. These carrier boards are usually used to extend functionality of COMs or its parts.  These are used in various industry verticals such as industrial automation, aerospace & defense, consumer electronics, healthcare, and automotive.  

The use of computer on module in smartphones and robotics is on the rise, owing to growth in consumer electronics and industrial automation industries. Therefore, use of computers and smart technology in electronic devices has maximized growth potential of the global computer on module market. Advancements in technology, such as artificial intelligence, has made hardware more complex and compact, which requires use of such modules in computers. 

Segment Review

The global computer on module market size is analyzed on the basis of processor, form factor, industry vertical, and region. On the basis of processor, the market is categorized into ARM, X86, and PowerPC. In terms of form factor, it is segmented into COM Express, SMARC, Qseven, and ETX Module. 

On the basis of industry vertical, it is segmented into industrial automation, aerospace & defense, consumer electronics, healthcare, and others. Region wise, the computer on module market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.

Competitive Analysis

The key market leaders profiled in the computer on module industry report include Aaeon Technology Inc., Adlink Technology Inc., Advantech Co. Ltd., Compulab Ltd., Congatec AG, Eurotech Group, Intel Corporation, Kontron Europe GmbH, Smart Wireless Computing, and Texas Instruments Inc. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the computer on module industry.

COVID-19 Impact Analysis

COVID-19 crisis resulted in uncertainty in the stock market, immense slowdown of the supply chain, lowered business confidence, and increase in panic among customer segments. The overall impact of the pandemic impacted production process of several industries, including semiconductor & electronics. Trade barriers further constrain demand and supply outlook. Governments of different countries have already declared total lockdown and temporarily shut down industries, which adversely affected the overall production process.

COVID-19 has a huge impact on end use and economy. Electronics manufacturing hubs have been temporarily shut down to restrict COVID-19 spread among individuals. This has majorly affected supply chain of the market by creating shortages of components and finished goods. Lack of business continuity has ensured significant negative impacts on shareholder returns and revenue, which are expected to create financial disruptions in the computer on module market.

The impact of COVID-19 on the manufacturing industry has significantly affected the global economy. Electronic components, such as PCBs, LED chips & wafers, ICs, and other semiconductor devices, are mostly imported from China. The prices of semiconductor components have increased by 2 to 3%, owing to shortage of supplies due to shutdown of manufacturing units. However, by the end of 2020, the computer on module market share is expected to resume its supply chain operation.   

Top Impacting Factors

The significant factors that impact the global computer on module market growth include advantages of robust quality, platform scalability, supreme performance, and ease of use. There is a high demand for computer on module in the aerospace & defense industry and rugged embedded computers, owing to design constraints and all necessary components to be integrated in a module form. 

However, complex process of integration of multiple components to a single module hampers growth of the market. Furthermore, increase in use of computer on module in healthcare and consumer electronics equipment is estimated to provide lucrative opportunities for growth of the computer on module market during the forecast period.

Rise in Need For Industrial Automation

Computer on module have major applications in industrial automation, where they are majorly used across process control and discrete manufacturing on the production facility. Industrial automation uses control systems, including robots and Internet of Things (IoT) to handle various machineries and processes. These robots and IoT technologies are based on computer on modules to offer high accuracy, precision, and enhanced performance of manufacturing processes.

Complex Integration Process of Advanced Electronics Devices

The computer on module market focuses more on incorporation of multiple functionalities in a module form, which leads to complex designing. Designing of a complex device requires robust methodology, skillset, and different toolset for integration, adding up to extra cost. 

These developing innovative technologies generate demand for more functionality devices to be integrated into systems, which makes them more complex devices. In addition, incorporation of multiple components into single devices is a complex task, owing to operating modes, different functionalities, and operating voltages. Therefore, this factor restraints the market growth.

Key Benefits For Stakeholders

• This study includes analytical depiction of the computer on module market forecast along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information regarding the key drivers, restraints, and opportunities in the computer on module market analysis.
• The computer on module market trends are quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

 Computer on Module Market Report Highlights