Market Overview
Global System on Module Market is expected to reach USD 3,774.9 Million by 2027 with a CAGR of 7.97% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. A system on module is an off-the-shelf component that integrates processor, memory, power supply, debugging, and connectivity to make the device work.
It does not have any connectors; instead, it is designed to be plugged into a carrier board. An SoM can be used in various applications, including eBook reader, deep learning, wearable, automation, test and measurement, industrial human-machine interface (HMI), drone, medical imaging, and industrial control.
Competitive Analysis
The Key Players of the Global System on Module Market are AAEON Technology, Inc. (Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S&T AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytic (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan) among others.
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In September 2020, AAEON launched a series of embedded platforms integrated with Intel Core processors (11th Gen) and Intel Atom processors for increased performance, flexibility, and ability of edge computing.
In September 2020, Avalue Technology launched EAX-C246BP, an ATX motherboard integrated with Intel Xeon, Intel Core TM/Pentium, and Celeron processors for automation, industrial, automatic medicine packaging machine, and other embedded applications.
In September 2020, Seco launched SM-C93, a SMARC Rel 2.1.1 compliant module with the Intel Atom x6000E Series and Intel Pentium and Celeron N and J Series processors for industrial, retail, and gaming applications.
In August 2019, Via Technologies and Ekioh collaborated to improve the performance and deployment of Ekioh browser solutions on Via Technologies embedded platforms.
Segmental Analysis
Global System on Module Market has been segmented based on Type, Application, and Region.
Based on type, the global market has been segmented into X86 Architecture, ARM Architecture, and Power Architecture. Among these X86 architecture is dominating the market with a CAGR of 7.9%, and ARM architecture is the highest growing sub-segment in the market. The ARM architecture segment second dominating segment in the market with a share of 40.27%. The growth is majorly driven by its lesser complexity compared to x86 processors, accelerating the adoption of ARM-based processors in various boards and modules.
The demand for ARM processors in SoM is continuously increasing owing to their single cycle computing with reduced instruction sets. Acorn RISC Machine (ARM) is a family of reduced instruction set computing (RISC) architectures for computer processors, configured for various environments. ARM processors are desirable for light, portable, battery-powered devices, including smartphones, laptops, and tablet computers, as well as other embedded systems. Some of the leading manufacturers of ARM-based systems on chips are Congatec AG, Digi International, and Kontron.
Based on application, the global market has been segmented into industrial automation, medical, entertainment, transportation, test & measurement, and others. The industrial automation application segment held around 44.35% of the market in 2020. System on module improves processing & machine operations and communication among factory equipment and industrial robots, accelerating market growth.
The escalation of industrial robots in the manufacturing sector is contributing to the adoption of SoM in industrial automation. South Korea holds the highest robot density that stands at over 600 robots per 10,0000 robots in the industrial sector. Industrial automation includes a large number of communication systems and sensors to communicate with multiple gateways, accelerating the demand for systems on modules to deliver high productivity and connectivity in industry 4.0.
The global system on module market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. North America accounted for the second largest market share in 2020. The North America SoM market accounted for 28.6% revenue share in 2019 and is estimated to observe 8.2% growth rate from 2020 to 2027.
The increasing uptake of wearable healthcare devices across developed economies is fueling the market. In addition, the rising penetration of IoT technology in North America will further accelerate the market growth. According to the GSM Association, North America accounted for 2.8 billion IoT connections in 2019, which is projected to surpass the 5.4 billion mark by 2027. Surging IoT-based devices in the region will further amplify the adoption of system on modules. GSM Association is an industry organization that represents the interests of mobile network operators worldwide.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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The expansion of the global System on Module (SoM) market across the review period 2018 to 2025 can be at 15% CAGR.
SoM solutions have resolved challenges, such as innovation in design products that can enhance connectivity, intelligence, and performance, while decreasing power consumption, cutting costs, and size management of products.
The rise in the adoption of SoM in the healthcare sector to facilitate real-time health diagnosis with the assistance of embedded systems and artificial intelligence (AI) by providing accurate results can promote the expansion of the system on module market.
In addition, the surge in the need for portable and wireless gadgets, such as smart wearable medical fabric can fuel the rise of the SoM global market in the years to come.
Competitive Analysis System on modules manufacturers are highly focused on the development of small and flexible solutions.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/8628 Key Players MRFR profiled some reputed names functioning in the system on module (SoM) global market.
Market OverviewGlobal System on Module Market is expected to reach USD 3,774.9 Million by 2027 with a CAGR of 7.97% during the forecast period.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.
An SoM can be used in various applications, including eBook reader, deep learning, wearable, automation, test and measurement, industrial human-machine interface (HMI), drone, medical imaging, and industrial control.Competitive AnalysisThe Key Players of the Global System on Module Market are AAEON Technology, Inc. (Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytic (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan) among others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8628In September 2020, AAEON launched a series of embedded platforms integrated with Intel Core processors (11th Gen) and Intel Atom processors for increased performance, flexibility, and ability of edge computing.In September 2020, Avalue Technology launched EAX-C246BP, an ATX motherboard integrated with Intel Xeon, Intel Core TM/Pentium, and Celeron processors for automation, industrial, automatic medicine packaging machine, and other embedded applications.In September 2020, Seco launched SM-C93, a SMARC Rel 2.1.1 compliant module with the Intel Atom x6000E Series and Intel Pentium and Celeron N and J Series processors for industrial, retail, and gaming applications.In August 2019, Via Technologies and Ekioh collaborated to improve the performance and deployment of Ekioh browser solutions on Via Technologies embedded platforms.Segmental AnalysisGlobal System on Module Market has been segmented based on Type, Application, and Region.Based on type, the global market has been segmented into X86 Architecture, ARM Architecture, and Power Architecture.
The ARM architecture segment second dominating segment in the market with a share of 40.27%.
Acorn RISC Machine (ARM) is a family of reduced instruction set computing (RISC) architectures for computer processors, configured for various environments.
ARM processors are desirable for light, portable, battery-powered devices, including smartphones, laptops, and tablet computers, as well as other embedded systems.
System on Module MarketThe global system on module (SoM) market is expected to grow from USD 1.40 billion in 2018 to USD ~3.60 billion by 2025, at a CAGR of ~15% during the forecast period.
System on module, also known as computer on module, is a chip consisting of clock, microprocessor, RAM, flash memory, Ethernet and I/O controllers on a single printed circuit board.
It is ready-to-use, processor module which is used for developing any embedded product.
Advantages of SoMs include rapid, lower risk hardware development, lower system cost, and the potential for processor upgrade.Key playersThe key players in the system on module (SoM) market are AAEON Technology, Inc.(Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytec (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan).Regional AnalysisThe global system on module (SoM) market is projected to grow at a significant rate during the forecast period from 2019 to 2025.
The geographic analysis of the global system on module (SoM) market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.Asia-Pacific region holds the largest market share due to the adoption of smart factory and Industry 4.0 trends to improve the efficiency and productivity of embedded systems which has boosted their demand.
North America followed by Europe is expected to be the fastest-growing region during forecast period owing to the adoption of robotics and industrial automation in countries like the US, UK, Germany, and France.
