Global Embedded Controllers Market: Snapshot
The market for embedded controllers is flourishing on the back of growing ubiquity of electronic devices such as smartphones, laptops, tablets, and others as well as its growing usefulness in various industries. Embedded controllers are used to perform tasks such as processing signals from keyboards and other switches and buttons on an electronic devices, to turn on or off a computer, thermal measurement and response such as CPU throttling and fan control, controlling indicator light emitting diodes (LEDs), allowing remote diagnostics, performing software-based requests to reset CPU, and controlling access to the A20 line. Embedded controllers can be commonly found in computers, robotics, modems, printers, aircrafts, automobiles, locomotives, and music systems. Some of the primary features that make embedded controllers highly useful is that they operate in real time and are compatible to even small size, besides offering high energy efficiency and safety.
According to this business and commerce report on the global embedded controllers market, compiled by a group of professional electronics and electrical research analysts, the demand will increment at a notable CAGR during the forecast period of 2017 to 2025.
In the recent past, the embedded controllers market has evolved on the back of growing importance of reducing the cost of various functions. The industrial embedded systems market is flourishing too, as the manufacturers are reliant on hardware-centric models such as field application gateway arrays (FPGAs) and digital single processor (DSP). As the need for technologically advanced systems that offer ease in usage and improved efficiency on the back of increasing complexity of industrial operations, the demand for these controllers are expected to expand quickly during the said forecast period. Longevity and high speed of result are some of the other benefits offered by these controllers.
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Embedded controllers is a system component built on the device and performs all the necessary operations not performed by the processing unit. It helps in creating an energy saving system along with high processing power. Embedded controllers are an essential component of various industrial control systems. Increased deployments of embedded systems around the globe have increased the demand for embedded controllers during recent years.
Growing demand from various industry verticals such as manufacturing and transportation. Automotive sector has generated majority of demand for the embedded controllers. Embedded controllers provide the functionality, reliability and complexity required for an intelligent transport system. Special functions such as GPS and navigation, infotainment, security and remote access are enabled with the help of embedded controllers. In-vehicle gadget controlling is a challenging task for intelligent transportation systems, embedded controllers provide advanced control over these gadgets for enhanced performance. Furthermore, embedded controller market is anticipated to experience growing demand from stationary applications such as traffic lights and access systems installed within the public infrastructure. Smart city projects from the developing countries are projected to drive the embedded controllers market during the forecast period. Growing popularity of portable devices within the consumers is one the major driving factors for the embedded controllers market. Adoption of portable devices is expected to increase at a higher rate due to the ability of these devices to perform multiple functions. Tablets and smart phones are the most popular portable devices among the consumer segments. Furthermore, devices such as network modems, music systems, printers and computers have inbuilt embedded controllers. Real time operation along with compact size and reliability are the factors contributing to the growth of embedded controllers. Also, energy efficiency and safety are important features of the embedded controllers. With the help of these controllers applications can run independently even if they have lost their contact with the centralized controller or parent system. Inbuilt functionalities such as decentralized control and self-configuration are anticipated to increase the demand for embedded controllers across various industry verticals. Integration of advanced technologies with the help of improved R&D efforts provide tremendous growth opportunities for the embedded controllers market. Furthermore, developing countries from the Asia Pacific region could emerge as favored manufacturing destinations for embedded controllers due to the lower operational cost and wage structure.
Edge analytics solutions could be deployed using two methods which are on-premise and cloud. Furthermore, industry verticals generating demand for edge analytics include IT and telecommunications, government, media and entertainment, manufacturing, healthcare, banking, financial services, and insurance (BFSI), retail and transportation. As enterprises are anticipated to adopt edge analytics, there are some restraining factors which they need to consider. Lack of operational standards related to the edge analytics could be responsible for safety and security issues within different technological environments. Changing the organizational analytics platform from centralized servers to edge analytics could be challenging for enterprises. Also, the whole technological structure of an enterprise must be considered before implementing edge analytics platform. Companies could be reluctant to implement such solutions due to the changes required.
Major players associated with the critical power market include SAP SE, Oracle Corporation, SAS Institute Inc. and Cisco Systems, Inc.
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