ID: MRFR/SEM/9541-CR | 110 Pages | Author: Aarti Dhapte | November 2022
VPX SBC Market is expected to grow USD 185.15 Million 2021. at a CAGR 13.5% during the forecast period 2022-2030.
$USD 185.15 Million (2021)
13.5%
North America
2022-2030
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 global VPX SBC market is driven by an increase in the adoption of electronic warfare systems and technological advancements in military embedded systems. However, complexities in embedded product development is expected to act as a major restraint factor for the market. Development of electronic warfare systems with enhanced capabilities is expected to open lucrative opportunities for the market during the projected period.
COVID-19 Impact vs Opportunities for Global VPX SBC Market:
COVID-19 has severely impacted and disrupted supply chain hubs across the globe. China, one of the major manufacturing hubs, has registered a decline of ~14% in the production capacity and a decline of ~40% in global electronic component shipments. COVID-19 has affected the Global Value Chain hub, wherein China played an important role in providing raw materials, assembly of products, and final dispatch. The significant decline in the export includes textile raw materials, garments and clothing accessories, mechanical and electrical products, automatic data processing systems, central processing units, electrical equipment, and automobiles. In this, the automatic data processing system has been hit worse, impacting approximately 30%.
The demand for electronic warfare systems is driven owing to their various applications. There are multiple technological developments in the electronic warfare system, such as Artificial Intelligence, Unmanned Platform Development and Miniaturization of VPX SBC.
Market Dynamics:
Drivers:
The electronic warfare systems perform the military or intelligence operations that make use of the electromagnetic spectrum to detect and communicate with the radar, radio, or infrared signals and further block enemy attacks. The increasing conflicts among the countries have pushed the demand for these systems, thereby propelling the VPX SBC market.
Opportunities:
There have been growing developments by the US Air Force researchers to build a new type of artificial intelligence and machine learning to allow attack aircraft to defeat and engage next-generation enemy IADS (integrated air-defense systems). In September 2021, the US Air Force Research Laboratory at Wright-Patterson Air Force Base, Ohio, released a pre-solicitation to apply machine learning and AI to future cognitive electronic warfare systems and help aircraft succeed in air defenses that rely on missiles, multispectral sensors, and other air-defense assets. Artificial Intelligence and machine learning can help the military sector analyze and generate an increasing amount of mission data in real time and create opportunities for adopting autonomous electronic warfare.
Restraint:
The complexities in embedded product development are anticipated to hamper the global VPX SBC market at a lower rate towards the end of the forecast period.
Value Chain Analysis
The market for VPX SBC is growing at a steady pace and is expected to continue growing in the near future. This is owing to the existing and emerging key players coming forward with innovative technologies in the VPX SBC market. The supply chain analysis for the VPX SBC market comprises six major phases: the raw material supply, R&D, component supply, subsystem integration, testing, and end use.
VPX SBC Market Segment Overview
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 6U segment was valued at USD 105.96 million and is expected to increase during the forecast time frame.
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.
Regional Analysis
The global VPX SBC Market has been studied across Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
North America accounted for the largest market share in 2021. North America is divided into the US, Canada, and Mexico. The US region continues to lead the market 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.
Asia-Pacific is the fastest-growing region. This can be attributed to the growing businesses across the region owing to the leading company's expansion strategies. China, India, and Southeast Asian countries are becoming production hubs due to favorable business environments.
VPX SBC Market Competitive Landscape
The global market for VPX SBC is projected to witness healthy growth during the forecast period, due to an increase in the adoption of electronic warfare systems and technological advancement in military-embedded systems.
Key players operating in the global VPX SBC Market include 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).
Recent Developments
Aitech announced that it would provide mission-critical flight computer technologies for the development of satellites by Astranis, a private American geostationary communications satellite operator and manufacturer. In July 2021
Aitech announced the availability of U-C8770 3U VPX SBC. The newer is aligned with the open group sensor open system architecture. This allows the SBC to be integrated with a variety of current and future programs. This SBC is the first in its class to offer larger RAM and storage capacities. In August 2021
Kontron announced its ongoing process of upgrading its VX305C-40G 3U OpenVPX single board computer. The newer SBC will be equipped with NVMe SSD and an M2-based NVMe drive, which will increase the drive to 260 Gigabytes. The change will also enhance the write performance by 166% and read performance by 314%. In September 2021
AMETECK, Inc., a leading provider of mission-critical embedded computing systems, acquired Abaco systems for USD 1.35 Billion. In April 2021
Mistral Solutions Pvt Ltd. opened its 4th research center in IIT Madras research park. Since its inception, the company has expanded its research facilities with premier engineering institutes in India. This has helped the company's overall development and benefits from collaborative research. In April 2022
Report Overview
As per MRFR, the global VPX SBC Market has been growing significantly over the past few years. The global VPX SBC Market has been segmented on the basis of rack unit, processor, application, end user and region. Based on region, the VPX SBC market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Objective of the Study
Scope of the Report
The scope of the global VPX SBC Market study includes the market size analysis and a detailed analysis of the vendor’s products and strategies. The global VPX SBC Market has been segmented on the basis of rack unit, processor, application, end user and region.
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | 2021: USD 185.15 Million |
CAGR | 13.5% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2018 and 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Rack unit, processor, application, end user and region. |
Geographies Covered | North America, Europe, Asia-Pacific, Middle East & Africa, and South America |
Key Vendors | Abaco Systems (US), Extreme Engineering Solutions, Inc (US), Aitech (US), Mistral Solutions Pvt Ltd. (India) |
Key Market Opportunities | • Development of electronic warfare system with enhanced capabilities |
Key Market Drivers | • Increasing adoption of the electronic warfare system • Technological advancement in military embedded system |
The global VPX SBC Market has been growing rapidly over the past few decades and is expected to grow at a CAGR of 13.5% during the forecast period.
Abaco Systems (US), Extreme Engineering Solutions, Inc (US), Aitech (US), and Mistral Solutions Pvt Ltd. (India) are expected to be the major competitors in the VPX SBC Market during the projected period.
The 6U Market segment is expected to drive the market during the forecast period.
The North American region is expected to be the largest market for VPX SBC Market during the forecast period.
Complexities in embedded product development may slow the growth of the VPX SBC Market during the forecast period.
Key Questions Answered
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