Single Board Computer Market size in China to grow at 18% CAGR from 2016 to 2024
The industry research report "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" by Global Market Insights, Inc. says (SBC) Single Board Computer Market share to reach USD 1.2 billion by 2024.
The buzzing trend of IoT is boosting the global single board computer market share on account of the SBCs being regarded as a major hardware component of the IoT devices. According to Global Market Insights, Inc., "Worldwide single board computer market was worth USD 440 million in 2015 and will record CAGR of 12.5% over the period of 2016 to 2024." SBCs are extensively implemented in several medical equipments, owing to their efficient service capability along with high reliability. This, in turn, will boost single board computer industry share notably.
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Considering the application trends, single board computer industry in mainly divided into entertainment, industrial automation, medical, transportation, and aerospace & defense. The industrial automation application segment will record a lucrative growth rate of more than 14% over the coming years of 2016 to 2024. The attributing factor toward the industry growth is the increasing product requirement across various sectors. The aerospace & defense will also contribute noticeably with an annual growth rate of more than 13% over the coming seven years.
System integration dominated the service segment by accounting for more than 45% of the global market share in 2015. It is predicted to collect considerable revenue over the coming years, due to the growing adoption of technologically advanced devices. Customization and aftersales are the other lucrative segments of single board computer market. The customization service segment will register a CAGR of more than 12% over the coming seven years, owing to its increasing need for aerospace & defense and automation applications.
VPX, cPCI, xTCA, and VME are the main technological segmentations of SBC market. VME technology is slated to exhibit an annual growth rate of more than 10% over the coming timeframe, owing to its high reliability, multiprocessing ability, and subsequently increasing usage in harsh environments.
China single board computer market is projected to exhibit a CAGR of more than 18% over the period of 2016 to 2024, primarily driven by the increasing requirement across various application such as gaming, machine control automation, and kiosks. U.S. is another lucrative region, which will generate significant revenue over the coming years, owing to increasing product implementation across transportation, energy, and medical sectors.
The noteworthy industry players in single board computer market are VersaLogic Corp., Advantech, Digi International, Kontron, Adlink Technology Inc., Eurotech Group, Wandboard, Radisys, NETBurner, American Portwell Technology, Inc., UDOO, Mercury Systems, and Olimex.
Browse key industry insights spread across 160 pages with 166 market data tables & 128 figures & charts from this 2017 report Single Board Computer Market in detail along with the table of contents:
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Table Of Content of Single Board Computer Market
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
1.2 Data Sources
1.2.1 Primary sources
1.2.2 Secondary sources
Chapter 2 Executive Summary
2.1 SBC industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Technology trends
2.1.4 Service trends
2.1.5 Processor trends
2.1.6 Application trends
2.1.7 End-Use trends
Chapter 3 SBC Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Raw material & component trends
3.3.2.1 Microcontroller
3.3.2.2 Microprocessor
3.3.2.3 GPU
3.4 Technology & innovation landscape
3.4.1 Software defined radio (SDR)
3.5 Embedded systems analysis
3.6 Regulatory landscape
3.6.1 Department of Defense (DoD)
3.6.1.1 MIL-STD-810F
3.6.1.2 MIL-STD-167-1A
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Technological advancements
3.7.1.2 Increasing demand across applications
3.7.2 Industry pitfalls & challenges
3.7.2.1 System design and complexity
3.8 Growth potential analysis
3.9 Competitive landscape, 2015
3.9.1 Strategy dashboard
3.10 Porter’s analysis
3.11 PESTEL analysis
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