System on Module Market Research Report - Global Forecast till 2027

System on Module Market Research Report: By Type (X86 Architecture, ARM Architecture and Power Architecture), By Application (Industrial Automation, Medical, Entertainment, Transportation, Test & Measurement, Others) and By Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2027

ID: MRFR/SEM/7156-CR | March 2021 | Region: Global | 111 pages

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System on Module Market Overview


Global System on Module Market valued at USD 2,390.4 Million in 2019 and is expected to reach USD 3,774.9 Million by 2026 with a CAGR of 7.97% during the forecast period, 2020–2026. Engineers are struggling to come up with innovative approaches to build goods that improve intelligence, connectivity, and performance while also reducing costs, power consumption, and product size. A system on module (SoM) is a suitable foundation for speedy and targeted product design in such instances as the System on Module Market Trends are increasing. A system on module (SOM) is a commercial component that combines the CPU, memory, power supply, debugging, and communication needed to make a device work. It is designed to be connected to a carrier board rather than having any connectors. eBook readers, deep learning, wearables, automation, test and measurement, industrial human-machine interface (HMI), drones, medical imaging, and industrial control are all possible uses for an SoM, thus changing the System on Module Market Outlook.


COVID-19 Analysis


The COVID-19 pandemic has harmed the system on the module market and System on Module Market Share, causing delays in product development. Manufacturers face a supply chain bottleneck as a result of government regulations and international trade impediments. The System on Module Market is gradually gaining traction in the first half of 2021, owing to the increased need for AI and 5G technologies. Embedded computing platforms are being developed with integrated software and hardware in mind. Furthermore, the medical sector's demand for SoM is being bolstered by the ongoing development of wireless equipment that can remotely monitor patients and increase the System on Module Industry. The COVID-19 crisis caused stock market volatility, a significant slowdown in the supply chain, a drop in corporate confidence, and an increase in panic among client segments. The pandemic had a broad influence on various industries, including semiconductor and electronics manufacturing. The System on Module Market Forecast is further hampered by trade obstacles. Different countries' governments have already proclaimed absolute lockdown and temporarily shut down industries, negatively impacting the overall manufacturing process.


System on Module Market Dynamics


Drivers


System on modules is used by manufacturers because they are great for product design and increasing their System on Module Market Size and System on Module Market Share. The increasing demand for portable and wireless devices can be ascribed to the increased need for systems on modules during the System on Module Market Analysis. During the projection period, increased utilization of these modules in medical devices has also contributed to market growth and the System on Module Industry. The SoM has various advantages over standard modules, including high performance, small footprint, and high energy efficiency, which drive System on Module Market Outlook in automation equipment and smart factories. The International Federation of Robotics (IFR) reports that sales of industrial robots in China have increased by 19% over the previous projection period. In the coming years, the increased usage of industrial and service robots to improve production productivity will drive System on Module Market Trends.


Restraints


The market's growth has been stifled due to the difficulties of X86 CPUs. The computer-on-module industry places a greater emphasis on combining various functionality into a single module, resulting in more complicated architecture. Designing a sophisticated device necessitates a robust methodology, competence, and many toolsets for integration, all of which add up to additional costs.


Technology Analysis


As new creative technologies emerge, there is a growing demand for more functional devices to be integrated into systems, resulting in increasingly complicated devices. Furthermore, due to operating modes, varied functionality, and operating voltages, combining multiple components into a single device is a difficult operation. Because of the growth of the consumer electronics and industrial automation industries, the usage of computers on modules in smartphones and robotics is on the rise. As a result, the adoption of computers and smart technologies in electronic products has increased the global computer on module market's growth potential. Artificial intelligence and other technological advancements have made hardware increasingly complicated and compact, necessitating the employment of such modules in computers.


Segment Overview


The System on Module Market has been bifurcated into various segments that will help the market to achieve the highest CAGR during the research period and provide a better System on Module Market Outlook. The System on Module Market Segments are as follows:


System on Module Market, By Type



  • X86 Architecture

  • ARM Architecture

  • Power Architecture


System on Module Market, By Application



  • Industrial Automation

  • Medical

  • Entertainment

  • Transportation

  • Test & Measurement

  • Others


System on Module Market, By Region



  • North America

  • Europe

  • Asia-Pacific

  • The Rest of the World


Regional Classification


During the historic forecast period, Asia-Pacific held the greatest market share, and the market is predicted to grow at the fastest rate over the forecast period. During the historic forecast period, North America was the second-largest market. North America had 2.8 billion IoT connections, according to the GSM Association, and is expected to surpass 5.4 billion by the end of the forecast period. The increased investment in R&D projects and severe government rules for environmental safety are driving demand in Western Europe. China is the largest market in Asia-Pacific since the country is growing its investment in the automotive sector and important players are forming joint ventures.


Competitive Landscape


To grow their market penetration and strengthen their position in the computer on module sector, these main companies have used a variety of strategies, including product portfolio expansion, mergers and acquisitions, partnerships, regional expansion, and collaborations. To stay ahead of the competition, several players throughout the world are investing in new R&D initiatives, forming joint ventures, and forming partnerships. In terms of availability, quality, pricing, and technology, these players compete. They are largely concerned with the creation of advanced systems on modules. Even though international businesses dominate the industry, regional and foreign players with smaller market shares are nevertheless noticeable. The major key players in the System on Module market are as follows:



  • 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)


System on Module Market Recent Developments



  • AAEON has released a variety of embedded platforms featuring Intel Core processors (11th Gen) and Intel Atom processors for improved performance, adaptability, and edge computing capabilities.

  • The EAX-C246BP is an ATX motherboard featuring Intel Xeon, Intel Core TM/Pentium, and Intel Celeron processors for automation, industrial, automatic medication packaging machine, and other embedded applications, according to Avalue Technology.

  • For industrial, retail, and gaming applications, Seco introduced the SM-C93, a SMARC Rel 2.1.1 compatible module with the Intel Atom x6000E Series and Intel Pentium and Celeron N and J Series processors.

  • Via Technologies and Ekioh worked to improve Ekioh browser solutions' performance and deployment on Via Technologies embedded platforms.


System on Module Market Report Overview


This research provides an analytical picture of the System on Module Market forecast, as well as current trends and future projections, to identify the most promising investment opportunities. In this study, the key drivers, restraints, and opportunities in the System on Module Market analysis are discussed. From 2019 to 2027, the System on Module Market trends is quantitatively studied to highlight the industry's financial competency. Due to the implementation of rigorous emission requirements, manufacturers' need for lightweight materials has expanded dramatically over the last decade. Because lightweight auto parts reduce the overall weight of the vehicle, CO2 emissions and costs are reduced. Experimenting with front-end module materials in auto parts has mostly contributed to vehicle weight reductions of 20 percent to 30 percent.



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 3,774.9 Million
  CAGR   7.97%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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), Kontron S&T AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytic (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan)
  Key Market Opportunities   The rising penetration of IoT technology.
  Key Market Drivers

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


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    Frequently Asked Questions (FAQ) :

    In April 2019, Linaro launched 96Boards system-on-module (SOM) specifications to develop a single hardware and software community.

    The type-wise segments are x86 architecture, power architecture and arm architecture.

    The geographic examination of the system on module (SoM) market has been conducted for Europe, Asia Pacific (APAC), the Middle East & Africa, and Central, North America as well as South America.

    Top companies covered in the report are Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Kontron S&T AG (Germany), National Instruments Corporation (US), AAEON Technology, Inc.(Taiwan), Congatec AG (Germany), EMAC, Inc. (US), Axiomtek Co., Ltd (Taiwan), VIA Technologies, Inc. (Taiwan), Microchip Technology, Inc. (US), Connect Tech, Inc. (Canada), Phytic (Germany), Avalue Technology (Taiwan), TechNexion Ltd (Taiwan), Toradex (Switzerland), Eurotech, Inc. (US), SECO S.p.An (Italy), to mention a few.

    The manufacturers in the market concentrate on manufacturing modules that are flexible as well as small, and can be of use in industrial applications that require high performance as well as cost-effective embedded platforms to build products. Many of the renowned vendors are attempting to provide high-quality SoM solutions, with respect to price as well as performance to get a better position in the market.