A highly autonomous niche, the single board computer market currently holds a pivotal position in the overall electronics space, having proved its mettle across a plethora of spheres such as transportation, aerospace, industrial automation, and healthcare.
Selbyville, United states - July 17, 2018 /MarketersMedia/ —
Thriving on the ever-changing technological trends demanding efficient IoT hardware components that possess the capability for seamless integration, single board computer market is currently characterized by novel product developments that would pave the path for the expansion of this vertical. Recently for instance, Kontron, the renowned embedded computing specialist in Germany, launched the rugged VM6062 6U VME SBC to be used for general-purpose mission computers in defense and transportation applications as well as for SWaP-C (size weight-, power- & cost-constrained) systems.
The research report titled Single Board Computer Market Size By Technology (VME, cPCI, VPX, xTCA), By Service (System Integration, Customization, Aftersales), By Processor (ARM, x86, Atom, PowerPC), By Application (Industrial Automation, Aerospace & Defense, Transportation, Medical, Entertainment), By End-Use (Test & Measurement, Communication, Data Processing, Research), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Brazil), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 - 2024 available with MarketStudyReport.com, forecasts the industry size set to exceed USD 1.2 billion by 2024.
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VME technology segment contributed significantly to the single board computer market share, primarily due to its ability to be used in rugged industrial applications such as controlling motors and actuators. In addition, it provides real-time computing options and can support multi-master CPU arrangements to boost performance and processing bandwidth.
Customization services are anticipated to grow significantly over the coming years due to the increasing demand for tailor-made devices in the industrial automation and aerospace & defense sectors. Customized solutions offer specific hardware and software requirements for several applications. Furthermore, they provide enhanced degree of flexibility to the SBC and reduce cost and manufacturing time.
x86 based single board computer market is driven by features such as faster processing and better power saving capabilities, making it suitable for harsh industrial environments. These processors are flexible and can be integrated with several new technologies effortlessly. For instance, Udoo x86 SBC is assimilated with the Curie module by intel, which includes a Bluetooth Low Energy radio.
Aerospace & defense applications segment are to observe high growth prospects with an estimated CAGR of over 13% in the next eight years owing to the rising demand for high density communication and enhanced performance in SWaP constrained environments. Furthermore, SBCs aids in transmission and reception of channels for air-data information for autopilots, displays and other flight associated controls on commercial and military aircraft.
U.S. single board computer market share was over 40% due to the presence of major players operating in the industry such as Advantech, Allied Electronics. Moreover, high demand across aerospace and defense may propel the regional growth. Advancements in the technology to offer low cost and efficient products have instigated the adoption across education sector for research related projects and among electronics engineers & professionals involved in the electronics design and development.
Industry participants of single board computer market include VersaLogic Corp., Wandboard, Digi International, Advantech, Kontron, Eurotech Group, Adlink Technology, Radisys, Advantech, Olimex, Mercury Systems, UDOO, American Portwell, Arbor Solutions, Logic and NETBurner. Companies are focusing on efficient design and expansion of seamless connectivity to gain industry share.
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Single board computer (SBC) market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Single Board Computer Market By Technology
VME
cPCI
VPX
xTCA
Others
Single Board Computer Market By Service
System integration
Customization
After-sale
Single Board Computer Market By Processor
ARM
x86
Atom
PowerPC
Others
Single Board Computer Market By Application
Industrial automation
Aerospace & defense
Transportation
Medical
Entertainment
Others
Single Board Computer Market By End-Use
Test & measurement
Communication
Data processing
Research
Others
The above information is provided on a regional and country basis for the following:
North America
o U.S.
o Canada
Europe
o UK
o Germany
o France
o Italy
o Russia
Asia Pacific
o China
o Japan
o India
o South Korea
Latin America
o Brazil
o Mexico
Middle East & Africa (MEA)
Complete report for 2016-2024 single board computer market forecasts is now available at
https://bit.ly/2Fep57I
Another report titled “Global Single Board Computer (SBC) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” is of 153 pages and says worldwide market for Single Board Computer (SBC) is expected to grow at a CAGR of roughly 2.6% over the next five years, to reach 2400 million US$ in 2023, from 2060 million US$ in 2017. Within the next few years, the majority of SBCs are expected to be equipped with ARM architecture CPUs as more and more multicore processors are being introduced nowadays on portable devices. Accordingly, as SBCs are going to be more massively manufactured, the cost of SBC applications will be migrated to the user terminal due to specialized functionalities of many embedded application classes. As the ARM boards go chipper, disposable SBCs will soon be seen on the market. Read more on this single board computer market report at https://www.marketstudyreport.com/reports/global-single-board-computer-sbc-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023 .
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Release ID: 379087
