Embedded systems find their applications in a variety of appliances from portable devices such as digital watches and MP3 players, to large stationary installations like traffic lights, access systems, or the systems controlling nuclear power plants. The complexity varies from low (with a single microcontroller chip), to very high (with multiple units) peripherals and networks mounted inside a large chassis or enclosure. However, the only commonality is that the Embedded controllers are being constantly used for different means by humans, totally unaware of the technology behind it.
The Embedded controllers market is leading to the integration of new technologies to tap new markets and reduce costs of the existing applications. Over the last few years, features like floating point cores, wireless radios, op amps, and advanced display controllers (VGA, QVGA) have been included in a single controller. In the next few years, more unique, powerful and innovative components are likely to be added to a single controller. Moreover, it is estimated that in the near future, many automotive microcontrollers will be implemented with an Open System and their Interfaces for the Electronics (OSEK) operating system.
Consumers are now demanding higher quality products with better safety. They want to buy products with multiple features, with innovative and intriguing designs. Thus, these demands are forcing the vendors to invest more in research and development to understand the consumer needs better, and thereby develop a solution that caters to all their needs. Further, the use of a product with multiple functionality results in cost savings. Hence, Embedded controllers can help in designing such multi-featured products by involving multiple functionalities into the same controller.
This report by TechNavio Insights highlights scope of the Global Embedded Controllers market. Further it discusses key market trends, drivers, growth inhibitors and a few major vendors in the market.