Application (Medical, Transportation, Industrial Automation, Entertainment, Test & Measures)
Based on application, the industrial automation segment in the system on module market is attributed to hold the largest revenue share of about 30% during the forecast period. The industrial automation industry is being driven by fast-expanding advanced technologies including embedded solutions, robotics, artificial intelligence, and effective use of systems on modules. Reducing the amount of human labor, implementing automated machinery and equipment, and ensuring safety are driving industrial automation in manufacturing plants. Furthermore, the industry's market prospects are fuelled by the advancement of embedded systems and industrial robots. Moreover, because of the significant advancements in the functionality and performance of industrial automation techniques, a sizeable portion of the market is anticipated to be served by the industrial automation sector. There are operational benefits for processes like manufacturing, product assembly, supply chain management, and logistics when an integrated computer or system on a module is used. The manufacturer was eager to acquire compact and affordable computing solutions. The market is growing because of the notable increase in the use of computers on module and systems on module products. By 2026, the industrial automation industry will generate revenue of USD 297 billion. At least 30% of the duties in about 60% of all occupations might be automated. Global productivity will increase through automation by 0.8% to 1.4% each year.
Standard (SMARC, Qseven, COM Express, ETX/XTX, COM-HPC)
The qseven segment in the system on module market is projected to hold the largest revenue share of about 35% during the forecast period. The market is growing as a result of the adoption of the Qseven category, which is frequently utilized for smart home applications to improve computing performance. Because of Qseven's flexible design and low power consumption, there is a growing demand for the product, which is propelling the market expansion. Qseven's growing popularity improves storage capacity. Additionally, the market is growing as a result of the end-user industries' adoption of the Internet of Things, which is boosting networking applications.
Our in-depth analysis of the global system on module market includes the following segments:
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Author Credits: Abhishek Verma
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