Single Board Computer Market Size By Technology (VME, cPCI, VPX, xTCA), By Service (System Integration, Customization, Aftersales), By Processor (ARM, x86, Atom, PowerPC), By Application (Industrial Automation, Aerospace & Defense, Transportation, Medical, Entertainment), By End-Use (Test & Measurement, Communication, Data Processing, Research), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Brazil), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
Published Date: February 2017 | 160 Pages | Report ID: GMI708 Report Format: PDF
(SBC) Single Board Computer Market size was over USD 440 million in 2015 with 12.5% CAGR estimation from 2016 to 2024.
U.S. single board computer market size, by technology, 2013-2024 (USD Million)
Rising demand across the Internet of Things (IoT) industry is expected to propel the single board computer market size over the future. SBCs are considered as IoT hardware components due to seamless integration with the technology, which is anticipated create a huge demand for the products. They are also capable of performing real world activities such as acquiring surrounding information with the help of embedded sensors. Manufacturers are widely developing these IoT platforms for various applications. For instance, Raspberry Pi 2, is a SBC that can accommodate a web server that can fit in a human palm. It has sufficient memory and processing power to run Windows 10 IoT Core.
The ineffectiveness of these devices to operate on different processors available in the industry may restrain the industry growth. In addition, the processing power is not at par with the new technologically advanced desktops and laptops which may inhibit the single board computer market growth.
Single Board Computer Market, By Technology
CompactPCI (cPCI) technology has a significant presence in the single board computer market and held a revenue share of over 25% in 2015. The notable features include robustness, modularity, and standardized solutions to rugged environments. These platforms when integrated with SBCs provide cost effective solutions and ensure longevity.
VME technology is predicted to grow at a CAGR of over 10% from 2016 to 2024 due to the high reliability features offered by it in rugged environment applications such as military & defense. In addition, this technology is designed as a platform with a built-in feature that fully supports multiprocessing i.e. it provides multiple sources at the chip, board, and system level.
Single Board Computer Market, By Service
Customization services in the single board computer market are expected to offer huge growth opportunities with a CAGR estimation of over 12% from 2016 to 2024. The demand for customized solutions across the application industry including industrial automation and aerospace & defense will contribute to the overall revenue. The customized products offer the capability to deliver readily usable embedded platform to manufacture any specific product which in turn reduces cost and development time. Moreover, the platform can further be mounted to facilitate upcoming requirements by substituting the additional pin-compatible computer on module (CoM) based on new processors.
System integration service segment dominated the single board computer industry with revenue share of over 45% in 2015 due to the large-scale integration of advanced devices across the application industry. Service providers analyze the application-specific requirements and configure both the system hardware and software.
Single Board Computer Market, By Processor
ARM based single board computer market led the industry with revenue share of over 40% in the 2015 due to the features such as lower power consumption, multi-core processing and flexibility. The devices with ARM architecture reduce the instruction size and offer 32 and 64 -bit execution states for scalable high performance. In addition, these processors also support hardware virtualization.
The x86 processors are anticipated to witness high growth opportunities over the forecast timeline due to increasing advancements in the processor and built-in multimedia decoding capabilities offered by them. They have short response time and high computing power, which may propel growth in the next few years.
Single Board Computer Market, By Application
Industrial automation is anticipated to exhibit attractive growth prospects over the forecast period with a CAGR of over 14% from 2015 to 2024. This is due to the rising demand of SBCs in harsh industrial environments requiring rugged reliability. For instance, they can be efficiently used in cement control systems to track and manage the density and flow of cement. It is an essential tool in the construction industry segment as cement flow systems are used to confirm that cement is delivered exactly as required.
Reliability, availability and longevity are the factors playing a major role in the single board computer market demand. SBCs are increasingly used in varied specialized and environmentally challenging embedded applications. For example, explicit industry standards related tests for shock, temperature, and vibration ensure that the platform is able to operate reliably without failure.
Single Board Computer Market, By End-Use
Increasing demand across the test & measurement applications is anticipated to contribute significantly in the single board computer market. Moreover, the demand of advanced products for multi-channel mixed signal measurements will contribute to the overall demand. Micro Model 5 by BitScope is a logic protocol analyzer, spectrum analyzer, waveform & pattern generator and data recorder. It is integrated with Raspberry Pi and is ideal for testing and measurement applications.
Rising R&D activities associated with the design is predicted to propel the SBC market growth over the forecast timeline. The rise in demand is accredited to the changing end-user preference towards cost effective products. Manufacturers across the industry are widely developing cost effective and compact devices and integrating technologies such as MTCA, which are smaller in size and are more cost effective to address the rising demand.
Single Board Computer Market, By Region
U.S. single board computer market led the global industry owing to the high adoption rate of the equipment in the region. Furthermore, rising GDP and implication of standards-based systems and its development in application segments such as medical, transportation, and energy will contribute towards the regional growth.
China single board computer industry share is anticipated to grow significantly with a CAGR of over 18% from 2016 to 2024 owing to the rising demand of SBCs across several applications and the presence of large scale local manufacturers in the regions such as Shenzhen Leadsin Technology Co. Ltd, and Lenovator Co., Limited. The increasing investments in the industrial automation in the country will further propel the demand. Rising disposable incomes and steady economic growth are among the other major factors escalating regional demand.
Competitive Market Share
Industry participants include Digi International, VersaLogic Corp., Wandboard, Eurotech Group, Advantech, Kontron, Advantech, Adlink Technology, Radisys, Mercury Systems, UDOO, Olimex, American Portwell, Arbor Solutions, Logic and NETBurner.
Due to the presence of a large number of manufacturers in the industry, participants are focusing on reducing prices and offering application-specific customized devices to gain prominence. For instance, 3.5” SBCs by Advantech offer reliable operation functionalities for rugged industrial environments. Technological advancements such as efficient designs in applications including healthcare is quite prevalent in the industry.
Single Board Computer Industry Background
Several manufacturers offer efficiently designed and customized SBCs for better customer satisfaction levels. ARM based SBCs are widely popular due to their low power consumption and cost effective features in comparison to other processors available in the industry. Rising prominence of IoT technology to provide secure cloud enabled platforms will present growth opportunities to the industry.
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