Increase In The Adoption Of Electronic Warfare Systems and Technological Advancements In Military Embedded Systems To Drive The Global VPX SBC Market :

Market Research Future (MRFR) will be publishing a cooked research report on the “Global VPX SBC Market” that contains information from 2018 to 2030. 


MRFR recognizes the following companies as the key players in the global VPX SBC market: Abaco Systems (US), Extreme Engineering Solutions, Inc (US), Aitech (US), Mistral Solutions Pvt Ltd. (India), Kontron (US), ADLINK Technology Inc. (Taiwan), Connect Tech Inc (Canada), Curtiss-Wright organization (US), Mercury System, Inc. (US), and Concurrent Technologies Inc. (UK).


Market Highlights


The global VPX SBC market was valued at USD 185.15 million in 2021 and is expected to grow with a CAGR rate of 13.5% during the forecast period.


A Single-Board Computer (SBC) is a complete, functioning computer in which the memory, input/output functions, microprocessor, and other features are all built on a single circuit board, with RAM built in at a pre-determined amount and with no expansion slots for peripherals. VPX, also called VITA 46, refers to a set of standards for connecting components of a computer, mainly used by defense contractors. VPX is primarily associated with providing high-performance solutions to the defense market, the number of markets that can leverage its capabilities is much broader. That includes commercial, industrial, transportation, energy exploration, and many other commercial industries that need rugged reliability allied with leading-edge performance.


The growing technological advancements in military embedded systems such as defect management, cloud computing, machine learning, security, and low-power designs have propelled the VPX SBC market. The rise in government investments in the military sector to maximize the potential of the defense and military systems has emerged the need for military embedded systems. In the last few years, the developers have adopted advanced technologies such as hardware in-looping testing, automated testing, continuous integration servers, and unit testing for removing the defects in the embedded systems during the design & development stage. Furthermore, the adoption of cloud services in the embedded system for transmitting and receiving information and performing other functions has enhanced the demand for the market.


Access full report @ https://www.marketresearchfuture.com/reports/vpx-sbc-market-11060


COVID-19 Impact Analysis


COVID-19 created economic hardships for enterprises, consumers, and commodity manufacturers across the globe. While several companies have maintained continuity through plans meant initially for natural disasters, the other manufacturers face the threat of bankruptcy due to the declining demand from consumers, debt obligations, and declining production and revenues. Many manufacturers are implementing cross-industry manufacturing of medical and healthcare equipment to sustain the production and overall turnover of the manufacturing unit. The worst-hit industries include oil & gas, coal products, textile, metal, and machinery.


Segment Analysis


The global VPX SBC Market has been segmented on the basis of Rack Unit, Processor, Application, End-User, and region.


The global VPX SBC Market, based on Rack type, has been segmented into 6U and 3U.


The global VPX SBC Market, based on processor, has been segmented into Intel, NXP Power Architecture, and ARM.


The global VPX SBC Market, based on application, has been segmented into Radar, Electronic Warfare, ISR, Mission Computers, and Others.


The global VPX SBC Market, based on end-user, has been segmented into Defence, Aerospace and Industrial, Commercial, & Others. The defense segment has been further bifurcated into Land, Naval, and Airforce.


Key Findings of the Study:



  • The global VPX SBC market was valued at USD 185.15 million in 2021, with a CAGR of around 13.5 % during the forecast period.

  • North America accounted for the largest market share in 2021. Owing to increasing national security concerns. The continuous R&D activities, labor availability, and government support for the development of the military & defense industry have formed huge demand for the VPX SBC market.

  • Europe is expected to be the second-largest market in 2021. Being easily applicable in the military, navy, and air force sectors, VPX SBC greatly increases workforce efficiency and enhances the experience. Furthermore, organizations are increasingly focusing on reducing the cost of accessing global resources to meet the growing industry demands.

  • US is among the top contributors in the VPX SBC market. According to Aerospace Industries Association, the aerospace & defense industry in the US contributed over 1.8% of the total US GDP with a value of USD 382 billion in 2020. However, the industry accounted for 18.8% of overall non-food manufacturing revenue generated in the country. Additionally, the US is a NATO member. In 2020, the alliance increased its defense spending by a cumulative USD 190 billion since 2014, when NATO pledged 2 percent of GDP for defense; eleven Allies met that benchmark in 2020. This shows the country's significance in aerospace & defense towards making it smart as well as disciplined to safeguard their armed forces are equipped to deter adversaries, defeat threats, and defend their people, interests, and allies. Hence, the country is expected to continue investing heavily in the aerospace & defense sector, which is expected to increase the demand for VPX SBC in the near future.

  • Development of electronic warfare systems with enhanced capabilities is the key opportunity in this market.