Semiconductors & Electronics Industry Embedded System Market Analysis Report, 2020 | Page 2

Your Catalyst To a Lucrative Business Key report insights suggest: - Global embedded system market size was valued USD 140.32 billion in 2013 and is likely to reach USD 214.39 billion by 2020 growing with an estimated CAGR of 6.3% from 2014 to 2020. - Global demand in automotive sector was USD 29.23 billion in 2013 which is expected to reach USD 45.98 billion by 2020, growing at a CAGR of 6.7% from 2014 to 2020. Increasing usage in electric and hybrid vehicles for ensuring emission control is expected to spur the market growth. Healthcare sector is expected to grow at a CAGR of 7.1% over the forecast period. Rising need for portable medical devices in this application is predictable to boost the global growth. - North America dominated the regional demand with an estimated market share of 34.56% in 2013. Asia Pacific region is expected to be the fastest growing region, growing at a CAGR of 6.7% up to 2020. The region is expected to grow at a higher rate owing to existence of fabrication plants in this region. - The embedded system industry is moderately competitive, with top four manufacturers accounting for more than 50% of the industry share. Major participants include Freescale Semiconductor, Renesas Electronics, Samsung, Infineon Technologies, Atmel Corporation, STMicroelectronics, Microchip and Texas Instruments. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/electronic- devices-industry Follow Us: