Embedded Controllers Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, Type and Application : Global Opportunity Analysis and Industry Forecast, 2020-2030

Embedded Controllers Market Outlook – 2030 

The global embedded controllers market size was valued at $4.65 billion in 2020, and is expected to reach $10.95 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030. An embedded controller is a microcontroller that handles various system tasks. This electronic device comes with user programmable space for software and connections to external circuitry through hardware and model train controller in embedded systems. It can be either simple programmable logic device or complex programmable logic device. 

Embedded controllers are the general class of microcontrollers. Simple programmable logic devices (SPLD) are the simplest, smallest forms of programmable logic devices, and complex programmable logic devices (CPLD) are programmable logic devices. Also, embedded controllers are well-suited for many applications such as IT & telecommunication, automotive, consumer electronics, healthcare, industrial, aerospace & defense, commercial, and others. 

In the coming years, the embedded controllers industry is expected to generate moderate cash output with modest investments in development, research, and tests. However, the embedded controllers market is nearing the maturing stage, and is expected to generate modest revenue for key players in the coming years. 

Factors such as growth in preference for smart home and surge in adoption of wearable device amongst consumers are expected to drive the growth of the market in the future. However, high energy consumption of compact embedded systems act as major barriers and hamper the market growth. Furthermore, rise in development of 5G based embedded devices and increase in adoption of electric vehicles are expected to offer lucrative opportunities for the growth of the embedded controllers market.

Segment Overview

The embedded controllers market is analyzed by product type, type, application, and region. By product type, the market is divided into 8 Bits, 16 Bits, and 32 Bits. By type, the market is classified into simple programmable logic devices, and complex programmable logic devices. By application, the market is categorized into IT & telecommunication, automotive, consumer electronics, healthcare, industrial, and other. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.

Competitive Analysis 

The key players profiled in the report include ADLINK Technology Inc., Advantech Co. Ltd, Cisco Systems, Inc., CNH Industrial N.V. (Potenza Technology Ltd.), Divelbiss Corporation, ICP America, Inc., Intel Corporation, Microchip Technology Inc., National Instruments Corporation (NI), and NXP Semiconductors N.V. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.

The COVID-19 pandemic has impacted the society and overall economy across the globe. The impact of this outbreak has grown day-by-day that affects the supply chain. This has created uncertainty in the stock market; decreased business confidence, slowed supply chain, and increased panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to decrease in growth of the embedded controllers market in 2020.

According to the embedded controllers market trends, the COVID-19 pandemic has severely impacted the global manufacturing and industrial sectors as production facilities have stalled, which, in turn, led to significant demand in industries.

The emergence of COVID-19 has declined the growth of the embedded controllers market in 2020, and is estimated to witness slow growth till the end of 2021. Implementation of partial or complete lockdown across various countries globally is the prime reason for decline in growth rate of the market. As industries were temporarily shut, it reduced the need for maintenance from various industries.

Top Impacting Factors

The significant factors that impact the global embedded controllers market include surge in preference for smart home and increase in adoption of wearable device amongst consumers. In addition, the market is influenced by high energy consumption of compact embedded systems. Moreover, rise in development of 5G based embedded devices and increase in adoption of electric vehicles affect the market growth to a certain extent. Each of these factors is anticipated to have a definite impact on the global embedded controllers market during the forecast period. These factors are expected to offer lucrative opportunities for the embedded controller industry growth in the coming years.

Growth in Adoption of Smart Home and Appliances

Now-a-days embedded systems applications appear in every industry and sectors. Embedded devices and software such as ite embedded controller play a crucial role in the functioning of cars, home appliances, medical devices, interactive kiosks, and equipment used in daily life. Smart home is a house that uses information technology to monitor the environment, and control the electric appliance. 

Embedded controllers used in homes and appliances such as microwave ovens, washing machines, and more monitor the temperature, humidity, gas density, water immersion of the house and have infrared sensor for sensing. Moreover, embedded controllers act as a security guard of the home. Thus, adoption of smart home and appliances is positively impacting the embedded controllers and its demand, which, in turn, drives the embedded controllers market growth.

High Energy Consumption of Compact Embedded Systems

Complexity in embedded controller design architectures due to the compactness and embedded controller sensor placements of embedded system acts as a major retraining factor for the market growth as it limits the incorporation of various functionalities into the system. This also leads to increased energy consumption in embedded system. In addition, the high energy consumption often compromises the overall lifecycle of embedded devices. 

The energy consumption is susceptible to the temperature of embedded device and increases with rise in the temperature of device affecting the overall performance of the embedded system. Therefore, high energy consumption of compact embedded controllers acts as a severe challenge to the growth of the embedded controllers market. Thus, the aforementioned factors are expected to have a significant impact on the growth of the market.

Key Benefits For Stakeholders

• This study comprises analytical depiction of the embedded controllers market size along with the current trends and future estimations to depict imminent investment pockets.
• The overall embedded controllers market analysis is determined to understand the profitable trends to gain a stronger foothold. 
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The present embedded controllers market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
• Porter’s five forces analysis illustrates the potency of the buyers and the sensor market share of key vendors.
• The report includes the market trends and the embedded controllers market share of key vendors.

Embedded Controllers Market Key Segments

By Product Type

• 8 Bits
• 16 Bits
• 32 Bits

By Type

• Simple Programmable Logic Devices
• Complex Programmable Logic Devices

By Application

• IT & Telecommunication
•  Automotive
• Consumer Electronics
• Healthcare 
• Industrial
• Other

By Region

• North America
  • U.S. 
  • Canada
  • Mexico
• Europe 
  • UK
  • Germany 
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan 
  • South Korea
  • Rest of Asia-Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

• ADLINK Technology Inc. 
• Advantech Co. Ltd 
• Cisco Systems Inc. 
• CNH Industrial N.V. (Potenza Technology Ltd.)
• Divelbiss Corporation 
• ICP America Inc. 
• Intel Corporation 
• Microchip Technology Inc. 
• National Instruments Corporation (NI) 
• NXP Semiconductors N.V.

  Embedded Controllers Market Report Highlights

Aspects	Details
By PRODUCT TYPE	8 BITS 16 BITS 32 BITS
By TYPE	SIMPLE PROGRAMMABLE LOGIC DEVICES COMPLEX PROGRAMMABLE LOGIC DEVICES
By APPLICATION	IT & TELECOMMUNICATION AUTOMOTIVE CONSUMER ELECTRONICS HEALTHCARE INDUSTRIAL OTHERS
By Region	North America  (U.S., Canada, Mexico) Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe) Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific) LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players	NATIONAL INSTRUMENTS CORPORATION (NI), ADVANTECH CO., LTD., CNH INDUSTRIAL N.V. (POTENZA TECHNOLOGY LTD.), NXP SEMICONDUCTORS N.V., DIVELBISS CORPORATION, INTEL CORPORATION, ICP AMERICA, INC., ADLINK TECHNOLOGY INC., CISCO SYSTEMS, INC., MICROCHIP TECHNOLOGY INC.

Analyst Review

The embedded controllers market is highly competitive, owing to strong presence of the existing vendors. Embedded controllers technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by the key vendors.

The embedded controllers market exhibits high growth potential in the electronics industry and automotive industry. The current business scenario is witnessing an increase in demand for smart electronics, particularly in the developing regions such as China, India, and others, due to upsurge in population and rise in demand for consumer electronics. Companies in this industry are adopting various innovative techniques, such as mergers and acquisitions, to strengthen their business position in the competitive matrix.

The market growth is supplemented by proactive industrialization efforts and surge in the manufacturing output due to technological advancements. These factors have allowed the emerging markets to evolve as the largest markets during the forecast period both from the demand as well as the supply side. Public & private organizations have substantially invested in R&D activities and fabrication techniques to develop cost-effective embedded controllers. Asia-Pacific region is the major revenue contributor to the global market, followed by Europe. The market growth in Asia-Pacific and Europe is expected to significantly increase during the forecast period. The embedded controllers market provides numerous growth opportunities to the market players such as ADLINK Technology Inc., Advantech Co. Ltd, Cisco Systems, Inc., CNH Industrial N.V. (Potenza Technology Ltd.), Divelbiss Corporation, ICP America, Inc., and others. These companies are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various regions.

 

Author Name(s) : Divyanshi Tewari | Sonia Mutreja

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