The Europe Embedded Computing Market is expected to witness market growth of 8.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Embedded Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.31 billion by 2031. The UK market is exhibiting a CAGR of 7.5% during 2024-2031. Additionally, the France market would experience a CAGR of 9.3% during 2024-2031.
The automotive industry has experienced one of the most significant changes driven by these systems. Currently, vehicles are equipped with various embedded systems, such as advanced driver-assistance systems (ADAS), in-vehicle infotainment (IVI), navigation, and electric vehicle (EV) management systems. Embedded solutions enhance vehicle safety, performance, fuel efficiency, and the user experience.
In healthcare, embedded computing has revolutionized the medical devices sector. Medical equipment like diagnostic devices, infusion pumps, patient monitoring systems, and wearable health trackers rely on embedded systems. These devices must meet high accuracy, reliability, and power efficiency standards. Embedded solutions enable real-time patient vital signs monitoring, automated diagnostics, and connectivity to healthcare networks for remote care, improving patient outcomes and overall healthcare efficiency.
The rise of smart manufacturing in Europe is significantly impacting the growth of this market, primarily due to the increasing adoption of advanced technologies in industrial production systems. Smart manufacturing refers to using digital technologies, data analytics, and automation in manufacturing processes to create smarter, more efficient production lines. The evolution of this sector in Europe, particularly over the last decade, has been a catalyst for embedding computing technologies in various industrial applications. In conclusion, the expansion of smart manufacturing in the region is driving the market's growth.
The Germany market dominated the Europe Embedded Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.31 billion by 2031. The UK market is exhibiting a CAGR of 7.5% during 2024-2031. Additionally, the France market would experience a CAGR of 9.3% during 2024-2031.
The automotive industry has experienced one of the most significant changes driven by these systems. Currently, vehicles are equipped with various embedded systems, such as advanced driver-assistance systems (ADAS), in-vehicle infotainment (IVI), navigation, and electric vehicle (EV) management systems. Embedded solutions enhance vehicle safety, performance, fuel efficiency, and the user experience.
In healthcare, embedded computing has revolutionized the medical devices sector. Medical equipment like diagnostic devices, infusion pumps, patient monitoring systems, and wearable health trackers rely on embedded systems. These devices must meet high accuracy, reliability, and power efficiency standards. Embedded solutions enable real-time patient vital signs monitoring, automated diagnostics, and connectivity to healthcare networks for remote care, improving patient outcomes and overall healthcare efficiency.
The rise of smart manufacturing in Europe is significantly impacting the growth of this market, primarily due to the increasing adoption of advanced technologies in industrial production systems. Smart manufacturing refers to using digital technologies, data analytics, and automation in manufacturing processes to create smarter, more efficient production lines. The evolution of this sector in Europe, particularly over the last decade, has been a catalyst for embedding computing technologies in various industrial applications. In conclusion, the expansion of smart manufacturing in the region is driving the market's growth.
List of Key Companies Profiled
- Fujitsu Limited
- Intel Corporation
- IBM Corporation
- HCL Technologies Ltd.
- Microsoft Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
Market Report Segmentation
By Component
- Software
- Hardware
- Microcontroller (MCU)
- Microprocessor (MPU)
- Digital Signal Processor (DSP)
- Other Hardware Type
By End User
- Consumer Electronics
- Communications
- Industrial
- Automotive
- Healthcare
- Energy
- Other End User
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Embedded Computing Market by Component
Chapter 6. Europe Embedded Computing Market by End User
Chapter 7. Europe Embedded Computing Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Fujitsu Limited
- Intel Corporation
- IBM Corporation
- HCL Technologies Ltd.
- Microsoft Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
Methodology
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