The Latin America, Middle East and Africa Embedded Systems Market should witness market growth of 8.7% CAGR during the forecast period (2022-2028).
It is anticipated that the embedded system will continue to expand quickly, largely because of the internet of things. Growth in embedded systems is anticipated to be fueled by expanding IoT applications, including wearables, drones, video surveillance, smart homes, smart buildings, 3D printers, and smart transportation.
The advent of IoT and the Industrial IoT (IIoT) has opened the door for other current technologies, including embedded systems technology, to thrive under these advancements. The world of intelligent and interconnected IoT ecosystems is spreading quickly, and embedded systems have emerged as a catalyst.
And because of its wide range of functional diversity and adaptability, embedded system technology has taken a central role in many sectors of the economy. This technology's recent development in performing its functions more quickly, compactly, and affordably can also be credited with its appeal.
The high demand for electric and hybrid vehicles is anticipated to deliver various significant growth prospects for the market players operating in the microcontroller market in the future. Some other major drivers for the regional market growth of MCUs are increasing demand for flexibility and agility in the industrial ecosystem. The increasing integration of the internet of things (IoT) is also a factor that is driving the employment of IoT microcontrollers.
Moreover, it would also encourage regional market players to develop their products while also increasing the quantity of production. Further, the robust consumer electronic industry of the UAE would play a major role in the surging demand for IoT microcontrollers in the country. The rising demand for luxury features in vehicles across the country would increase the deployment of IoT microcontrollers across the automotive sector of the country in order to address regional demand. Hence, the growth of the regional market is estimated to augment throughout the coming years.
The Brazil market dominated the LAMEA Embedded Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2, 191.6 million by 2028.The Argentina market is expected to witness a CAGR of 9.3% during (2022-2028). Additionally, The UAE market would display a CAGR of 8.4% during (2022-2028).
Based on Application, the market is segmented into Consumer Electronics, Automotive, Industrial, Aerospace & Defense and Others. Based on Component, the market is segmented into Hardware and Software. Based on Hardware Type, the market is segmented into MPU, MCU, FPGA, Memory and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Renesas Electronics Corporation, Texas Instruments, Inc., NXP Semiconductors N.V., QUALCOMM Incorporated (Qualcomm Technologies, Inc.), Fujitsu Limited, Infineon Technologies AG, Analog Devices, Inc., Microchip Technology, Inc., and STMicroelectronics N.V.
It is anticipated that the embedded system will continue to expand quickly, largely because of the internet of things. Growth in embedded systems is anticipated to be fueled by expanding IoT applications, including wearables, drones, video surveillance, smart homes, smart buildings, 3D printers, and smart transportation.
The advent of IoT and the Industrial IoT (IIoT) has opened the door for other current technologies, including embedded systems technology, to thrive under these advancements. The world of intelligent and interconnected IoT ecosystems is spreading quickly, and embedded systems have emerged as a catalyst.
And because of its wide range of functional diversity and adaptability, embedded system technology has taken a central role in many sectors of the economy. This technology's recent development in performing its functions more quickly, compactly, and affordably can also be credited with its appeal.
The high demand for electric and hybrid vehicles is anticipated to deliver various significant growth prospects for the market players operating in the microcontroller market in the future. Some other major drivers for the regional market growth of MCUs are increasing demand for flexibility and agility in the industrial ecosystem. The increasing integration of the internet of things (IoT) is also a factor that is driving the employment of IoT microcontrollers.
Moreover, it would also encourage regional market players to develop their products while also increasing the quantity of production. Further, the robust consumer electronic industry of the UAE would play a major role in the surging demand for IoT microcontrollers in the country. The rising demand for luxury features in vehicles across the country would increase the deployment of IoT microcontrollers across the automotive sector of the country in order to address regional demand. Hence, the growth of the regional market is estimated to augment throughout the coming years.
The Brazil market dominated the LAMEA Embedded Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2, 191.6 million by 2028.The Argentina market is expected to witness a CAGR of 9.3% during (2022-2028). Additionally, The UAE market would display a CAGR of 8.4% during (2022-2028).
Based on Application, the market is segmented into Consumer Electronics, Automotive, Industrial, Aerospace & Defense and Others. Based on Component, the market is segmented into Hardware and Software. Based on Hardware Type, the market is segmented into MPU, MCU, FPGA, Memory and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Renesas Electronics Corporation, Texas Instruments, Inc., NXP Semiconductors N.V., QUALCOMM Incorporated (Qualcomm Technologies, Inc.), Fujitsu Limited, Infineon Technologies AG, Analog Devices, Inc., Microchip Technology, Inc., and STMicroelectronics N.V.
Scope of the Study
By Application
- Consumer Electronics
- Automotive
- Industrial
- Aerospace & Defense
- Others
By Component
- Hardware
- MPU
- MCU
- FPGA
- Memory
- Others
- Software
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- Renesas Electronics Corporation
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- QUALCOMM Incorporated (Qualcomm Technologies, Inc.)
- Fujitsu Limited
- Infineon Technologies AG
- Analog Devices, Inc.
- Microchip Technology, Inc.
- STMicroelectronics N.V.
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Embedded Systems Market, by Application
1.4.2 LAMEA Embedded Systems Market, by Component
1.4.3 LAMEA Embedded Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct - 2022, Nov) Leading Players
Chapter 4. LAMEA Embedded Systems Market by Application
4.1 LAMEA Consumer Electronics Market by Country
4.2 LAMEA Automotive Market by Country
4.3 LAMEA Industrial Market by Country
4.4 LAMEA Aerospace & Defense Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Embedded Systems Market by Component
5.1 LAMEA Hardware Market by Country
5.2 LAMEA Embedded Systems Market by Hardware Type
5.2.1 LAMEA MPU Market by Country
5.2.2 LAMEA MCU Market by Country
5.2.3 LAMEA FPGA Market by Country
5.2.4 LAMEA Memory Market by Country
5.2.5 LAMEA Others Market by Country
5.3 LAMEA Software Market by Country
Chapter 6. LAMEA Embedded Systems Market by Country
6.1 Brazil Embedded Systems Market
6.1.1 Brazil Embedded Systems Market by Application
6.1.2 Brazil Embedded Systems Market by Component
6.1.2.1 Brazil Embedded Systems Market by Hardware Type
6.2 Argentina Embedded Systems Market
6.2.1 Argentina Embedded Systems Market by Application
6.2.2 Argentina Embedded Systems Market by Component
6.2.2.1 Argentina Embedded Systems Market by Hardware Type
6.3 UAE Embedded Systems Market
6.3.1 UAE Embedded Systems Market by Application
6.3.2 UAE Embedded Systems Market by Component
6.3.2.1 UAE Embedded Systems Market by Hardware Type
6.4 Saudi Arabia Embedded Systems Market
6.4.1 Saudi Arabia Embedded Systems Market by Application
6.4.2 Saudi Arabia Embedded Systems Market by Component
6.4.2.1 Saudi Arabia Embedded Systems Market by Hardware Type
6.5 South Africa Embedded Systems Market
6.5.1 South Africa Embedded Systems Market by Application
6.5.2 South Africa Embedded Systems Market by Component
6.5.2.1 South Africa Embedded Systems Market by Hardware Type
6.6 Nigeria Embedded Systems Market
6.6.1 Nigeria Embedded Systems Market by Application
6.6.2 Nigeria Embedded Systems Market by Component
6.6.2.1 Nigeria Embedded Systems Market by Hardware Type
6.7 Rest of LAMEA Embedded Systems Market
6.7.1 Rest of LAMEA Embedded Systems Market by Application
6.7.2 Rest of LAMEA Embedded Systems Market by Component
6.7.2.1 Rest of LAMEA Embedded Systems Market by Hardware Type
Chapter 7. Company Profiles
7.1 Intel Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 STMicroelectronics N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 NXP Semiconductors N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.6 SWOT Analysis
7.4 Fujitsu Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Analog Devices, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Infineon Technologies AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 Renesas Electronics Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.5.2 Acquisition and Mergers:
7.8 Texas Instruments, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 QUALCOMM Incorporated (Qualcomm Technologies, Inc.)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.10. Microchip Technology, Inc.
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
Companies Mentioned
- Intel Corporation
- Renesas Electronics Corporation
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- QUALCOMM Incorporated (Qualcomm Technologies, Inc.)
- Fujitsu Limited
- Infineon Technologies AG
- Analog Devices, Inc.
- Microchip Technology, Inc.
- STMicroelectronics N.V.
Methodology
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