System on Module Market Insights with statistics and Growth Prediction 2021 to 2026
The system on module market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.
One of the recent developments in the global system on module market comprises the expansion of Renesas Electronics’ Winning Combinations portfolio with the launch of a new scalable AI (artificial intelligence) Smart Mobility ARChitecture (SMARC) System on Module board solution designed by Renesas and developed via a partnership with RelySys Technologies.
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The COVID-19 pandemic has resulted in suspension of operations across several manufacturing plants. This has resulted in restricting market opportunities for SoM manufacturers and suppliers. Due to the lockdowns imposed by governments, the labor community have moved back to their hometown, resulting in lack of engineers across manufacturing facilities, further diminishing production. However, rising initiatives taken by governments to resume manufacturing operations could propel the demand for SoMs over time.
SoM processors with power architecture consists of features like integration capability, improve performance and offer effective hardware/software compatibility. These qualities drive its demand across industrial applications and power architecture SoM in networking such as embedded networking equipment and general embedded solutions. Estimates have it that the power architecture segment is expected to grow at a CAGR of 3% between 2021-2026.
With artificial intelligence (AI) gaining presence in the medical sector, helping manage patients in real-time and optimize results with high accuracy, the system on module market would garner noteworthy strides in the years to come. The medical application segment is forecasted to grow at a CAGR of over 8% by 2026. These embedded systems are widely adopted for monitoring blood pressure, respiratory systems, and wearables devices. Apart from this, rising demand for portable, miniaturized, and wireless technologies in the medical sector, such as surgical implements and wearable fabrics could boost market size.
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A surge in the development of autonomous vehicles in Europe is slated to drive regional system on module market landscape through the assessment period. As per the European Patent Office, the registered patent application associated with autonomous vehicles in Europe is escalating 20 times faster as compared to other technologies.
The Europe market size accounted for more than 40 per cent of the market share in 2019 and is expected to exhibit a remarkable CAGR of 9 per cent over the estimated span.
Prominent System on Module manufacturers comprises Advantech Co., Ltd., Eurotech, Inc., VIA Technologies, Digi International, Inc., Kontron S&T AG, and others.
Major Key Points from Table of Content:
Chapter 5 System on Module Market, By Product
5.1 Key trends, by product
5.2 ARM architecture
5.2.1 Market estimates and forecast, 2015 - 2026
5.3 x86 architecture
5.3.1 Market estimates and forecast, 2015 - 2026
5.4 Power architecture
5.4.1 Market estimates and forecast, 2015 - 2026
Chapter 6 System on Module Market, By Standard
6.1 Key trends, by standard
6.2 Qseven
6.2.1 Market estimates and forecast, 2015 - 2026
6.3 SMARC
6.3.1 Market estimates and forecast, 2015 - 2026
6.4 COMExpress
6.4.1 Market estimates and forecast, 2015 - 2026
6.5 Others
6.5.1 Market estimates and forecast, 2015 - 2026
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