DUBLIN--(BUSINESS WIRE)--The "Global Single Board Computer Market, By Component, Processors, By Installed RAM, By Packaging, By Application, By End User - Estimation & Forecast till 2027" report has been added to ResearchAndMarkets.com's offering.
The global single board computer market valued at market size of USD 2,786.5 Million in 2020 and is expected to reach USD 4,798.9 Million by 2027. The global single board computer market is anticipated to grow at a CAGR of 8.8% over the forecast period.
The single board computer consists of the whole embedded computer system, assembled on a single board. The layout of a single board computer includes microprocessor with RAM, input/output controllers and all different capabilities, required to build a computer. Increasing demand for industrial automation, and growing demand for compact components, across various industries are some of the important factors, expected to drive the demand for single board computers.
Single board computer market is a moderately fragmented, with the presence of international and local players across various regions. This results in moderate competition in the market. Market players are continuously focusing on new product development in order to serve the specific needs of their clients.
Companies Mentioned
- AAEON Electronics, Inc.
- ABACO SYSTEMS
- ADLINK Technology Inc.
- Advantech Co. Ltd.
- American Portwell Technology, Inc.
- ARBOR Technology
- Arm Limited
- Axiomtek Co., Ltd.
- Curtiss-Wright Corporation
- Digi-Key Electronics
- Emerson Electric Co.
- Eurotech
- EVOC Intelligent Technology Company Limited
- General Electric Company
- IEI Integration Corp.
- Intel Corporation
- Kontron
- LeMaker
- Mercury Systems, Inc.
- Qualcomm Technologies, Inc.
- Raspberry Pi
- Trenton Systems, Inc.
Growth Influencers
Increasing industrial automation to drive the market growth.
One of the most important factors attributed to the growth in demand for single board computer, is rising trend of industrial automation. Single board computers have important applications in industrial automation and are used primarily for process control and discrete manufacturing in production facilities. Introduction of robotics, Programmable Logic Controller (PLC), Supervisory Control and Data Acquisition (SCADA) and various other new technologies have resulted in increased automation of the industries. Industrial automation also results in reducing the overall cost of manufacturing through increased productivity and efficiency. Due to these factors industrial automation is growing at a huge pace, across various countries, globally. This in turn is expected to fuel the growth of single board computer market in the forthcoming years.
Covid-19 resulted in slowdown of single board computer market.
Covid-19 pandemic has resulted in temporary shutdown of production and manufacturing activities across the globe. This in turn has resulted in factory closures, supply chain disruption, and a collapse in demand of goods across various industries. Additionally, increased trade barriers in various countries have further resulted in slowdown of manufacturing activities, which is anticipated to curtail the demand for single board computer, to a great extent.
Segments Overview
The global single board computer market is categorised into component, processors, installed RAM, packaging, application, and end-user.
By Component
- Solution
- VME
- cPCI
- VPX
- xTCA
- Others
- Service
- System Integration
- Customization
- After Sales
Based on processor, the solution segment is dominating the single board computer market with the largest market share of nearly 75%, in the year 2020. The segment is estimated to continue this dominance during the forecast period, Whereas, service segment is expected to grow at a CAGR of 9.8%, during the forecast period.
By Processors
- ARM
- AMD
- Celeron
- RabbitCore
- X86
- Atom
- PowerPC
- Others
On the basis of processors, X86 segment is anticipated to capture the largest share in the year 2020. The segment captured around 37% share of the single board computer market. Whereas, RabbitCore segment is expected to be the fastest growing segment, during the forecast period.
By Installed RAM
- < 2GB
- 2-8 GB
- 8-24 GB
- 24-128 GB
- 128-512 GB
- 512 GB
Based on Installed RAM, the 24-128 GB segment is estimated to grow at a highest rate, during the forecast period. Whereas, 8-24 GB segment is dominating the market, with the largest share of around 37% in 2020.
By Packaging
- Box/Bulk
- Tray
By Application
- Test & Measurement
- Communication
- Data Processing
- Research
- Others
Based on application, data processing segment is projected to be valued at a market size of USD 807 Million by 2024.
By End User
- Industrial Automation
- Aerospace & Defense
- Transportation
- Medical
- Entertainment
- Others
On the basis of end user, medical segment is expected to be the fasted growing segment during the forecast period.
Regional Overview
On the regional basis, the single board computer market is segmented into North America, Europe, Asia Pacific, Middle East, Africa, and South America.
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