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Allied Market Research

System on Module SoM Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 169 Views
   
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System on Module (SoM) Market Outlook - 2027

The global system on module (SoM) market size is experiencing significant growth and is expected to grow considerably in the next few years. A system on a module (SOM) is a board-level circuit that integrates the main elements of a processing subsystem on a single module. These main elements include clock management, microprocessor, power management, and volatile memory technologies such as RAM, DRAM, and non-volatile flash memory. It is broadly used for embedded platforms to build end products. System on Module (SoM) offers a unique method to product development and the often fully-custom electronics typically contained within sophisticated devices. SoM helps system designers realize a fully customized electronics assembly, complete with custom interfaces, and form factor without the effort of ground-up electronics design.

COVID-19 scenario analysis: 

  • The global system on module (SoM) market has been significantly impacted by the outbreak. New projects throughout the world have slowed down, which have significant demand for system on module (SoM).
  • The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules & regulations, which disrupted the global supply chains.
  • The impact of COVID-19 on system on module (SoM) market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase.
  • This is expected to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Increasing adoption of IoT-based technologies worldwide and surge in demand for embedded systems, owing to their computing performance and ultra-low power consumption ability are the major driving factors of the system on module (SoM) market growth. Rising requirement of Software Defined Radio (SDR), growing development & production of self-driving cars in North America and Europe, high adoption of embedded computers for industrial applications, and increasing demand for multiple embedded wireless solutions, are anticipated to improve the growth of the market during the forecast period. System on module offers major benefits such as reduced cost of the baseboard or the main PCB, design-reuse feature, and stable and reliable platform for developers to build an embedded system, which ultimately propel the growth of the market. However, programming code error on a module and the rising cost of the module are the major restraining factors that could hamper the growth of the market. The complexity of x86-based system on modules could obstruct the growth of the system on module (SoM) market.

Surge in usage in automotive and industrial applications 

The system on module market has witnessed rapid growth, owing to the demand for powerful & flexible embedded systems in industrial automation. Growing demand for automated technologies in industrial processes, such as assembly, manufacturing logistics, and supply chain, supports the integration of embedded computing solutions. The rise in demand for smart and energy-efficient electronic products to be deployed in automation applications is further growing the consumption of embedded systems. Machine vision and artificial intelligence have made it easier to automate the processes with advanced SoM. The need for industry-compatible embedded computing systems is driving the system on module (SoM) market growth.

Embedded computing modules are progressively being integrated into entertainment systems. The demand for high-performance, graphics, and seamless entertainment experience resulted in the SoM market growth in the entertainment industry. Rise in disposable income of people has made entertainment more popular and one of the prominent application areas. Test and measurement technologies are shifting toward high frequencies with precise & accurate results.

ARM processor architecture drives the growth of the market 

Manufacturers adopt ARM-based processors for their modules and boards due to their lesser complexity compared to x86 processors. ARM Holdings Corporation is the designer of ARM architecture and provides the license to other manufacturers for building their processors. Major manufacturers providing ARM-based SoM are Digi International, Kontron, and Congatec. The popularity of ARM-based processors in the System on Module market has rapidly increased due to their single cycle computing with reduced instruction sets. AMD and NXP Semiconductors are the major suppliers of ARM architecture-based processors for the global system on module (SoM) market.

Key segments covered:

Segments

Sub-segments

  Type

  • ARM Architecture
  • x86 Architecture
  • Others

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global system on module (SoM) industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global system on module (SoM) market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global system on module (SoM) market trends and growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed system on module (SoM) market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered 

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Industry Vertical, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa)

  Companies covered

Portwell, Eurotech, SECO srl, Technexion, Phytec, Axiomtek, Aaeon, Toradex, EMAC, Avalue Technology, Kontron, Congatec, MSC Technologies (Avnet), Advantech, and ADLink

 

Questions answered in the system on module (SoM) market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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