Embedded Controllers Market By Product Type (8 Bits, 16 Bits, and 32 Bits,), Type (Simple Programmable Logic Devices, and Complex Programmable Logic Devices), and Application (IT & Telecommunication, Automotive, Consumer Electronics, Healthcare, Industrial, and other): Global Opportunity Analysis and Industry Forecast, 2020-2030

Embedded Controllers Market Outlook – 2030 

The global embedded controllers market size was valued at $4.65 billion in 2020, and is expected to reach $10.95 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030.

An embedded controller is a microcontroller that handles various system tasks. This electronic device comes with user user-programmable space for software and connections to external circuitry through hardware and a model train controller in embedded systems. It can be either a simple programmable logic device or a complex programmable logic device. 

Embedded controllers are a general class of microcontrollers. Simple programmable logic devices (SPLD) are the simplest, smallest forms of programmable logic devices, and complex programmable logic devices (CPLD) are programmable logic devices. Also, embedded controllers are well-suited for many applications such as IT & telecommunication, automotive, consumer electronics, healthcare, industrial, aerospace & defense, commercial, and others. 

In the coming years, the embedded controllers industry is expected to generate moderate cash output with modest investments in development, research, and tests. However, the embedded controllers market is nearing the maturing stage, and is expected to generate modest revenue for key players in the coming years. 

Factors such as growth in preference for smart homes and a surge in adoption of wearable devices amongst consumers are expected to drive the growth of the market in the future. However, the high energy consumption of compact embedded systems acts as a major barrier and hampers the market growth. Furthermore, the rise in the development of 5G based embedded devices and an increase in the adoption of electric vehicles are expected to offer lucrative opportunities for the growth of the embedded controllers market.

Segment Overview

The embedded controllers market is analyzed by product type, type, application, and region.

By product type, the market is divided into 8-bit, 16-bit, and 32-bit

By type, the market is classified into simple programmable logic devices and complex programmable logic devices.

By application, the market is categorized into IT & telecommunication, automotive, consumer electronics, healthcare, industrial, and other.

By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA, along with its prominent countries.

Competitive Analysis 

The key players profiled in the report include ADLINK Technology Inc., Advantech Co. Ltd, Cisco Systems, Inc., CNH Industrial N.V. (Potenza Technology Ltd.), Divelbiss Corporation, ICP America, Inc., Intel Corporation, Microchip Technology Inc., National Instruments Corporation (NI), and NXP Semiconductors N.V. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Top Impacting Factors

The significant factors that impact the global embedded controllers market include a surge in preference for smart homes and an increase in the adoption of wearable devices amongst consumers. In addition, the market is influenced by the high energy consumption of compact embedded systems. Moreover, the rise in development of 5G based embedded devices and the increase in adoption of electric vehicles affect the market growth to a certain extent. Each of these factors is anticipated to have a definite impact on the global embedded controllers market during the forecast period. These factors are expected to offer lucrative opportunities for the embedded controller industry's growth in the coming years.

Growth in the Adoption of Smart Homes and Appliances

Nowadays, embedded systems applications appear in every industry and sector. Embedded devices and software, such as an embedded controller, play a crucial role in the functioning of cars, home appliances, medical devices, interactive kiosks, and equipment used in daily life. The smart home is a house that uses information technology to monitor the environment and control the electrical appliances. 

Embedded controllers used in homes and appliances such as microwave ovens, washing machines, and more monitor the temperature, humidity, gas density, and water immersion of the house and have an infrared sensor for sensing. Moreover, embedded controllers act as a security guard for the home. Thus, adoption of smart homes and appliances is positively impacting the embedded controllers and their demand, which, in turn, drives the embedded controllers market growth.

High Energy Consumption of Compact Embedded Systems

Complexity in embedded controller design architectures due to the compactness and embedded controller sensor placements of embedded systems acts as a major restraining factor for the market growth, as it limits the incorporation of various functionalities into the system. This also leads to increased energy consumption in embedded systems. In addition, the high energy consumption often compromises the overall lifecycle of embedded devices. 

The energy consumption is susceptible to the temperature of the embedded device and increases with the rise in the temperature of the device, affecting the overall performance of the embedded system. Therefore, the high energy consumption of compact embedded controllers acts as a severe challenge to the growth of the embedded controllers market. Thus, the aforementioned factors are expected to have a significant impact on the growth of the market.

Key Benefits For Stakeholders

• This study comprises an analytical depiction of the embedded controllers market size along with the current trends and future estimations to depict imminent investment pockets.
• The overall embedded controllers market analysis is determined to understand the profitable trends to gain a stronger foothold. 
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The present embedded controllers market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
• Porter’s five forces analysis illustrates the potency of the buyers and the market share of key vendors.
• The report includes the market trends and the embedded controllers market share of key vendors.

  Embedded Controllers Market Report Highlights

Aspects	Details
By PRODUCT TYPE	8 BITS 16 BITS 32 BITS
By TYPE	SIMPLE PROGRAMMABLE LOGIC DEVICES COMPLEX PROGRAMMABLE LOGIC DEVICES
By APPLICATION	IT & TELECOMMUNICATION AUTOMOTIVE CONSUMER ELECTRONICS HEALTHCARE INDUSTRIAL OTHERS
By Region	North America  (U.S., Canada, Mexico) Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe) Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific) LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players	DIVELBISS CORPORATION, NXP SEMICONDUCTORS N.V., ADLINK TECHNOLOGY INC., ICP AMERICA, INC., NATIONAL INSTRUMENTS CORPORATION (NI), CISCO SYSTEMS, INC., ADVANTECH CO., LTD., MICROCHIP TECHNOLOGY INC., CNH INDUSTRIAL N.V. (POTENZA TECHNOLOGY LTD.), INTEL CORPORATION

Analyst Review

The embedded controllers market is highly competitive, owing to strong presence of the existing vendors. Embedded controllers technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by the key vendors.

The embedded controllers market exhibits high growth potential in the electronics industry and automotive industry. The current business scenario is witnessing an increase in demand for smart electronics, particularly in the developing regions such as China, India, and others, due to upsurge in population and rise in demand for consumer electronics. Companies in this industry are adopting various innovative techniques, such as mergers and acquisitions, to strengthen their business position in the competitive matrix.

The market growth is supplemented by proactive industrialization efforts and surge in the manufacturing output due to technological advancements. These factors have allowed the emerging markets to evolve as the largest markets during the forecast period both from the demand as well as the supply side. Public & private organizations have substantially invested in R&D activities and fabrication techniques to develop cost-effective embedded controllers. Asia-Pacific region is the major revenue contributor to the global market, followed by Europe. The market growth in Asia-Pacific and Europe is expected to significantly increase during the forecast period. The embedded controllers market provides numerous growth opportunities to the market players such as ADLINK Technology Inc., Advantech Co. Ltd, Cisco Systems, Inc., CNH Industrial N.V. (Potenza Technology Ltd.), Divelbiss Corporation, ICP America, Inc., and others. These companies are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various regions.

 

Author Name(s) : Divyanshi Tewari | Sonia Mutreja

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