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View More @ http://bit.ly/2mH6iqV<br>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.<br>
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Single Board Computer Market to grow at 12.5% CAGR from 2016 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Single Board Computer Market: • (SBC) Single Board Computer Market size is set to exceed USD 1.2 billion by 2024; according to a new research report by Global Market Insights, Inc. • Increasing penetration in the healthcare sector is anticipated to drive the single board computer market growth over the forecast timeline. SBCs are integrated in the medical equipment on a large scale owing to high reliability and capability of providing efficient healthcare solutions and services. Moreover, increasing utilization of the devices in other medical applications such as customized medical monitoring systems, medical electronic devices, and fault tolerant wearable computers will contribute to the single board computer market size in the next eight years.
Continued... • High demand across consumer electronics may provide huge growth opportunities to the single board computer market growth. This can be attributed to the rising usage in a variety of electronic devices such as mobile phones, tablets, and gaming consoles. Rising penetration of consumer electronics equipped with SBCs is increasing among several end-use industries due to reduction in the prices. • The increasing adoption of artificial intelligence coupled with the technology advancements such as enhanced reliability offered with the integration of SBCs due to increase in demand for solving complex problems provide lucrative growth opportunities to the single board computer market size. • VME technology segment contributed significantly to the single board computer market share, primarily due to its ability to be used in rugged industrial applications such as controlling motors and actuators. In addition, it provides real-time computing options and can support multi-master CPU arrangements to boost performance and processing bandwidth.
U.S. single board computer market size, by technology, 2013-2024 (USD Million)
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Continued... • U.S. single board computer market share was over 40% due to the presence of major players operating in the industry such as Advantech, Allied Electronics. Moreover, high demand across aerospace and defense may propel the regional growth. • Advancements in the technology to offer low cost and efficient products have instigated the adoption across education sector for research related projects and among electronics engineers & professionals involved in the electronics design and development. • Industry participants include VersaLogic Corp., Wandboard, Digi International, Advantech, Kontron, Eurotech Group, Adlink Technology, Radisys, Advantech, Olimex, Mercury Systems, UDOO, American Portwell, Arbor Solutions, Logic and NETBurner. Companies are focusing on efficient design and expansion of seamless connectivity to gain industry share.
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