System on Module Market Research Report—Global Forecast till 2030

System on Module Market : Information By Type (ARM Architecture, X86 Architecture, and Power Architecture), By Standards (COM Express, SMARC, QSEVEN, ETX/XTX, COM-HPC, Others), By Application (Industrial Automation, Medical, Entertainment, Transportation, Test and Measurement, Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South and Central America)—Forecast till 2030

ID: MRFR/SEM/7156-CR | March 2021 | Region: Global | 110 Pages         

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System on Module Market

The system on Module Market is expected to reach USD 5,103.8 Million, with a CAGR of 8.3% during the forecast period, 2022-2030

Segmentation
By Type X86 Architecture ARM Architecture Power Architecture
By Application Industrial Automation Medical Entertainment Transportation Test & Measurement
Key Players
Companies Profiled   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)    Microchip Technology Inc. (US)    National Instruments Corporation (US)    Phytic (Germany)    Kontron S&T AG (Germany)    SECO S.p.An (Italy)    TechNexion Ltd. (Taiwan)    Toradex (Switzerland)    VIA Technologies Inc. (Taiwan)
Drivers
Market Driving Forces   The increasing demand for portable and wireless devices    The increased usage of industrial and service robots to improve production productivity
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System on Module Market Market Overview:


The global System on Module Market market is estimated to register a CAGR of over 8.3% to reach USD 5,103.8  Million by the end of 2030.


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 the eBook reader, deep learning, wearable, automation, test and measurement, industrial human-machine interface (HMI), drone, medical imaging, and industrial control.


Engineers are facing challenges in finding new ways to design products that would enhance intelligence, connectivity, and performance while cutting costs, power consumption, and size of the product. In such cases, a system on module (SoM) is considered as an ideal platform for quick and focused product design. In the healthcare sector, the adoption of SoM can facilitate real-time health diagnosis with the help of artificial intelligence (AI) and embedded systems, thereby providing improved and accurate results, which is promoting the use of advanced embedded systems in medical devices. Moreover, the surge in demand for portable and wireless devices such as smart wearable medical fabric is expected to fuel the growth of the system on the module market.


COVID-19 Impact vs  Opportunities for Global System on Module Market Market:


The device manufacturers are dealing with declined demand from various end-use segments. China is one of the largest exporters of smart devices such as smartphones, USB flash drives, digital cameras, and media players. The country holds an almost 50% share in the exports of software and hardware devices. Hence, the IT sector is expected to witness severe disruptions in the coming few months due to the spread of COVID-19. The outbreak has already resulted in a 12% decline in smartphone production, while smartwatch production set down a drop of about 16% in FY 2020. Laptops, smartphones, and smart speakers are other products that have witnessed significant declines in their sales. While the IT industry might not see the direct and immediate impact of a novel coronavirus, the decline in production and supply of these devices can cause sales and financial tensions for key companies within the coming months. This is expected to affect the semiconductor industry, which is an integral part of the IT industry.


Many medical devices are required to be always connected to increase the efficiency in monitoring patients and help in key aspects related to asset management, tracking, and patient safety. These functions can be achieved using the appropriate system of modules as they can play a crucial role in innovating medical devices. Additionally, the device manufacturers rely on such systems on module boards that can be integrated with infusion ventilators, implantable cardiac defibrillators, pumps, ECGs, bedside terminals, and patient monitors, among others. Thus, the adoption of systems on modules in medical devices presents a lucrative opportunity for the vendors operating in the global system on module market during the forecast period.


System on Module Market Dynamics:


Drivers:


The system on the module is a complete chip integrated on a single printed circuit board that comprises RAM, clock, Ethernet, microprocessor, I/O controllers, and flash memory. It is an embedded computer system ready to use-to-use and complies with extreme weather, high vibration on, and high humidity conditions. Over time, some modules will be developed to serve new purposes and improve performance in some aspects. Optimization and cost-cutting can be done within these modules without changing the entire product, thus offering better value to customers


Opportunities:


Several major industries have paved new ways for system designers and engineers to optimize the devices used in these industries to provide better connectivity and superior performance. Innovation is an ongoing process and is essential for the development of devices in the healthcare sector.


Restraint:


When multiple programs are installed and executed in X86 processors, it becomes unstable, resulting in risky operations. At times, it becomes difficult to understand and figure out the interrupts that are routed to a specific PCI interrupt line. Such system complexities are expected to restrict the growth of the global system in the module market during the forecast period.


Value Chain Analysis


The demand for systems on module circuits has increased exponentially over the past few decades due to the increasing miniaturization of devices and rising advancements in robotics. The manufacturers are focused on developing systems on module designs for applications in medical devices, automation, transportation, and test & measurement applications. The value chain of the global system on the module market starts with semiconductor IP owners and is followed by the system on module designers, assemblies, and end users


System on Module Market Segment Overview


The global System on Module Market market has been segmented on the basis of type, standard, application, and region.


The global System on Module Market market, based on type, has been segmented into Arm Architecture, X86 Architecture, and Power Architecture. Arm Architecture accounted for the largest market share in 2021 and is expected to register a CAGR of 8.8% during the forecast period.


The global System on Module Market market, based on standards, has been segmented into COM Express, SMARC, QSeven, ETX/XTX, Com-Hpc, and Others.


The global System on Module Market market, based on application, has been segmented into Industrial Automation, Medical, Entertainment, Transportation, Test and Measurement, and Others.


System on Module Market Regional Analysis


The global System on Module Market market has been studied across Asia-Pacific, North America, Europe, the Middle East & Africa, and South & Central America.


North America accounted for the largest market share of 37% in 2021. According to the January 2020 press release by the Consumer Technology Association, around 69% of the total US households have at least one smart home technology product. Smart home-connected devices, such as service robots, smart speakers, smart security systems, and indoor HVAC control systems, are integrated with SoM devices. Also, according to the January 2020 report generated by Pew Research Center, 21% of US adults regularly wear fit bits or smart watches for continuous health monitoring applications. Also, the increasing development and production of various IoT devices and the rapid adoption of smart homes, smart kitchens, connected cars, and others in the country are also contributing to the growth of the market in the country.


Asia Pacific is the fastest-growing regional market globally. The availability of raw materials in abundance is driving the electronics manufacturing sector in the Asia Pacific region. The factors such as increasing demand for efficient electronic components such as processors, boards, SoMs, and SoCs from the highly growing consumer electronics sector in the APAC region is providing significant growth opportunities to the market.


Competitive Landscape


The global System on Module Market is projected to witness healthy growth during the forecast period, owing to a surge in demand for portable and wireless devices.


Key players operating in the global System on Module Market market include


AAEON Technology (Taiwan), Advantech Co Ltd (Taiwan), Avnet Inc (US), Avalue Technology (Taiwan), Axiomtek Co Ltd (Taiwan), ConnectTech Inc (Canada), Cognatec AG (Germany), EMAC Inc (US), Eurotech Inc (Italy), Kontron ST&G (Germany), Microchip Technology (US), National Instruments (US), Phytec, SECO spA (Germany), TechNexion Ltd (Taiwan), Toradex (Switzerland) and VIV Technologies Inc (Taiwan).


Recent Developments


Cognatec AG was acquired by Deutsche Beteiligungs at a valuation of USD 136 Milion in August 2022.


Eurotech and Alleantia an industrial IoT solution provider company to simplify edge-to-cloud interaction of devices and assets for industry 4.0. The collaboration will help in providing easy management and deployment of industrial devices on-premises and on cloud platforms.  The collaboration will make use of IoT hardware and software components from Eurotech in a secure and managed infrastructure. On may 2021


Seco acquired Garz and Fricke Group a Hamburg-based hardware and software solution provider for IoT. The acquisition will strengthen seco position in the European market in key markets like Germany. On octoer 2021


Microchip Technology Expanded its product portfolio range of SOM by introducing SAM9X60D1G-SOM, the news product is equipped with small form factor its is equipped with 4 Gb SLC NAND Flash to maximize memory storage of data in application devices, while the on-board DDR reduces the supply and price risks associated with memory chips. On August 2022


TechNexion and emteria an android-based operating systems used in applications such as IoT. The partnership will enable the manufacturer of embedded products to move quickly and seamlessly to Android ensuring long-term availability. On September 2021


Report Overview


As per MRFR, the global System on Module Market market has been growing significantly over the past few years. The global System on Module Market market has been segmented on the basis of type, standard, application, and region. Based on region, the system on the module market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South & Central America.


Objective of the Study



  • To provide a comprehensive analysis of the System on Module Market market and its sub-segments, thereby providing a detailed structure of the industry

  • To provide detailed insights into factors driving and restraining the growth of the global System on Module Market market

  • To estimate the size of the global system on module market where 2018 to 2020 would be the historical period, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the study

  • To analyze the global system on module market in five main regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South & Central America

  • To provide country-wise market value analysis for various segments of the System on Module Market market

  • To provide strategic profiling of key companies present across the globe and comprehensively analyze their competitiveness/competitive landscape in this market

  • To provide a value chain for the System on Module Market market


Scope of the Report


The scope of the global System on Module Market market study includes the market size analysis and a detailed analysis of the vendor’s products and strategies. The global System on Module Market market has been segmented of type, standard, application, and region.


Intended Audience



  • System on Module Market Administrators

  • System on Module Market manufacturers and providers

  • Electronics industry

  • Software integrators

  • IT enterprises

  • Technology investors

  • Regulatory industries

  • Government bodies



Report Scope:

Report Attribute/Metric Details
  Market Size    2030: USD 5,103.8 Million
  CAGR   8.3 % CAGR (2022-2030)
  Base Year    2021
  Forecast Period    2022-2030
  Historical Data    2018 to 2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered    type, standard, application, and region.
  Geographies Covered    North America, Europe, Asia-Pacific, Middle East & Africa, and South & Central America
  Key Vendors    AAEON Technology (Taiwan), Advantech Co Ltd (Taiwan), Avnet Inc (US), Avalue Technology (Taiwan)
  Key Market Opportunities   â€¢ Adoption of the system on the module in medical devices
  Key Market Drivers

  • Increasing demand for portable and wireless devices.
  • The rising adoption in medical devices.


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    Frequently Asked Questions (FAQ) :

    The global System on Module Market market has been growing rapidly over the past few decades and is expected to reach USD 5,103 Million by 2030, at a CAGR of 8.3% during the forecast period.  

    AAEON Technology (Taiwan), Advantech Co Ltd (Taiwan), Avnet Inc (US), and Avalue Technology (Taiwan)in the System on Module Market market during the projected period.

    The Arm Architecture type segment is expected to drive the market during the forecasted period.      

    System complexities in the X86 system on module may slow the growth of the System on Module Market market during the forecast period.