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2020
Single Board Computer Market

Single Board Computer Market

By Processor (ARM, X86, ATOM, and PowerPC) and End Use (Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A05475
Pages: 248
Sep 2020 | 7250 Views
Author(s) : Sachin W
Tables: 88
Charts: 80
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Single Board Computer Market Outlook – 2027 

The global single board computer market was valued at $2.86 billion in 2019, and is projected to reach $3.80 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. Single board computers are built on a circuit board with all the required features such as microprocessor, memory, and input/output. They are built of different kinds of microprocessors and often designed by computer hobbyists to make use of static RAM and low cost 8-bit or 16-bit processors. These have applications in home computers, portable devices, typically gaming (slot machines and video poker), kiosk, and machine control automation to minimize the shape and size of these computers such as notebooks. 

Single Board Computer Market

The use of single board computers in notebooks, smartphones, and gaming systems is increasing, owing to the development of the single board computers market with upcoming technologies such as Internet of Things (IoT). Therefore, the use of computers and smart technology in electronic devices has maximized the growth potential of the global single board computer market. Advancement of technology, such as artificial intelligence, has made the hardware more complex and compact, thereby requiring the use of single board circuit in such computers. Apart from the complex structure application of single board computers, it can also be used in simple computers, which contain input and output functions.

Single Board Computer Market
By Processor

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X86 segment is projected to be the most lucrative segment during the forecast period

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Segment Review

The global single board computer market size is analyzed on the basis of processor, end use, and region. Based on processor, the market is categorized into ARM, X86, ATOM, and PowerPC. Based on end use, it is segmented into industrial automation, aerospace & defense, consumer electronics, healthcare, and others. Region-wise, the single board computer market is analyzed across North America, Europe, Asia-Pacific and LAMEA along with its prominent countries.

Single Board Computer Market
By End Use

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Industrial Automation segment holds a dominant position in 2019 and will maintain the lead during 2020 - 2027

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The key market leaders in the single board computer market profiled in the report include Advantech Co. Ltd., Eurotech Group, Digi International Inc., Aaeon Technology Inc., Mercury Systems Inc., Intel Corporation, Adlink Technology Inc., Texas Instruments Inc., Xilinx Inc., and Qualcomm Incorporated. These market players have adopted various strategies such as product development, business expansion, joint venture, collaboration, investment, and acquisition to strengthen their foothold in the single board computer market.

Single Board Computer Market
By Geography

2027
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 5.8% during 2020 - 2027

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COVID-19 Impact Analysis

The COVID-19 crisis resulted in uncertainty in the stock market, immense slowdown of the supply chain, lowered business confidence, and increased panic among the customer segments. The overall impact of the pandemic impacted the production process of several industries, including semiconductor & electronics and many more. Trade barriers further constrain the 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 the end use and the economy. Electronics manufacturing hubs have been temporarily shut down to restrict the COVID-19 spread among individuals. This has majorly affected the supply chain of the single board computer industry 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 single board computer 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 2-3%, owing to shortage of supplies due to the shutdown of manufacturing units. However, by the end of 2020, the single board computer industry is expected to resume its supply chain operation.   

Top Impacting Factors

The significant factors that impact the growth of the global single board computer market include advantages of single board computers over the conventional ones. There is a high demand for single board computer in the aerospace & defense industry and rugged embedded computers, owing to the design constraints and all the necessary components to be integrated on a single board. However, the complex process of integration of multiple components on to a single board hampers the growth of the market. Furthermore, increase in use of single board computers in healthcare and consumer electronics equipment is estimated to provide lucrative opportunities for the single board computer market growth during the forecast period.

Rise in Need For Industrial Automation

Single board computers 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 technology are based on single board computers to offer high accuracy, precision, and enhanced performance of manufacturing processes.

Complex Integration Process of Advanced Electronics Devices

The single board computer market focuses more on the incorporation of multiple functionalities in a single board, 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 new developing innovative technologies generate the demand for more functionality devices to be integrated into systems, which make them more complex devices. In addition, incorporation of multiple components into single devices is a complex task due to operating modes, different functionalities, and operating voltages. Therefore, this factor restraints the market growth.

Key Benefits For Stakeholders

  • This study includes the analytical depiction of the single board computer market share 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 single board computer market analysis.
  • The single board computer 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.

Single Board Computer Market Report Highlights

Aspects Details
By Processor
  • ARM
  • X86
  • ATOM
  • PowerPC
By End Use
  • Industrial Automation
  • Aerospace & Defense
  • Consumer Electronics
  • Healthcare
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players ADVANTECH CO LTD, EUROTECH GROUP, DIGI INTERNATIONAL INC., AAEON TECHNOLOGY INC, MERCURY SYSTEMS INC, INTEL CORPORATION, ADLINK TECHNOLOGY INC, TEXAS INSTRUMENTS INCORPORATED, XILINX, QUALCOMM INCORPORATED
 

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The single board computer market is highly competitive, owing to the strong presence of existing vendors. Single board computer 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.

Processors play a revolutionary role in the single board computer market. The current business scenario has been witnessing an increase in demand for single board computer modules across various industry verticals, particularly in the developed regions such as the U.S., Europe, and Asia-Pacific. Companies in this industry have been launching variety of products based on processors and their requirement, owing to their increase in usage in end-use segments such as industrial automation, consumer electronics, aerospace & defense, healthcare, and others. Therefore, this has led to significantly contribute to the growth of the global single board computer market.

Furthermore, there has been increase in adoption of low power consumption processors within the single board computer, owing to the fact that they can be operated more efficiently compared to conventional computers. In addition, reduced size of single board computer in mission critical applications, such as aerospace & defense, further fuels the growth of the single board computer market. With increase in new entrants of local players in the Asia-Pacific market, the single board computer market is expected to witness the strongest growth rate during the forecast period.

The single board computer market provides numerous growth opportunities to players such are Advantech Co. Ltd., Eurotech Group, Digi International Inc., Aaeon Technology Inc., Mercury Systems Inc., Intel Corporation, Adlink Technology Inc., Texas Instruments Inc., Xilinx Inc., and Qualcomm Incorporated. These market players have adopted various strategies such as product development, business expansion, joint venture, collaboration, investment, and acquisition to strengthen their foothold in the single board computer market.

 

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FREQUENTLY ASKED QUESTIONS?

A. The Single Board Computer Market is estimated to grow at a CAGR of 4.6% from 2020 to 2027.

A. The Single Board Computer Market is projected to reach $3.80 billion by 2027.

A. To get the latest version of sample report

A. Increasing use of computers and smart technology in electronic devices boosts the Single Board Computer market growth.

A. The key players profiled in the report include Advantech Co. Ltd., Eurotech Group, Digi International Inc., Aaeon Technology Inc., Mercury Systems Inc., Intel Corporation, Adlink Technology Inc., and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Single Board Computer Market is segmented on the basis of processor, end use, and region.

A. The key growth strategies of Single Board Computer market players include product development, business expansion, joint venture, collaboration, investment, and acquisition.

A. X86 segment holds a dominant position throughout the forecast period.

A. Industrial Automation segment is expected to secure the leading position throughout the forecast period.

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