Europe Embedded Systems Market Forecast to 2030 - Regional Analysis - by Component [Hardware (Sensor, Microcontroller, Processors and ASICS, Memory, and Others) and Software], Functionality (Real-Time Embedded Systems, Standalone Embedded Systems, Networked Embedded Systems, and Mobile Embedded Systems), and Application (Automotive, Telecommunication, Healthcare, Industrial, Consumer Electronics, and Others)
Advancement in Internet of Things (IoT) Drives Europe Embedded Systems Market
Technological giants worldwide are highly focused on research and development of new technologies. IoT is positioned at the core of the next-gen software technologies in the embedded system market. Embedded systems have a wide range of applications in the IoT sector. They are used to collect data, control and monitor devices, and communicate with users. An embedded system is capable of monitoring a room's temperature and adjusting the thermostat. It can also check a car's performance and alert the driver prior to any damage occurring. Embedded systems are a vital component of the IoT ecosystem and provide dependable, energy-efficient, and cost-effective benefits to businesses and individuals. Furthermore, IoT-based embedded systems are simple to upgrade and update offer a high level of security and are tamper-proof services to the users, which allows users to access the most recent features and functionality regularly.
IoT-based embedded systems can collect data from physical devices to help the user make intelligent decisions and communicate the results to the physical devices. The significant benefits offered by embedded systems are making them the future of connected devices and services. The extensive adoption of IoT is fueling the market growth. For instance, according to the Cisco Visual Networking Index, in 2022, there were more than 28 billion network devices enabled with embedded systems and powered by IoT. The network devices help users to improve connectivity and security and reduce additional operational costs of the business. The integration of embedded systems with IoT devices and platforms is enabling new applications and services in areas such as smart homes, smart cities, and industrial IoT. Also, the expansion of smart cities and smart home projects increases the demand for IoT-based embedded systems among consumers.
Europe Embedded Systems Market Overview
The market in Europe is segmented into Germany, Italy, the UK, Russia, France, and the Rest of Europe. In Europe, the embedded system market is seeing substantial growth in the automotive industry. Europe has a very significant automotive industry. For decades, the industry has been an important contributor to Europe's economic growth, innovation, and prosperity, accounting for almost 7% of the region's GDP. The industry also carries significant symbol taglines such as "Made in Germany," "Italian car design," "Euro NCAP for Saver Cars," and "British racing," which have come to stand for European innovation and craftsmanship. The increasing demand for embedded systems in the automotive industry is driven by the adoption of advanced driver assistance systems (ADAS), autonomous vehicles, and other connected car technologies.
Europe Embedded Systems Market Revenue and Forecast to 2030 (US$ Million)
Europe Embedded Systems Market Segmentation
The Europe embedded systems market is segmented based on component, functionality, application, and country.
Based on component, the Europe embedded systems market is bifurcated into hardware and software. The hardware segment held a larger Europe embedded systems market share in 2022. The hardware segment is further subsegmented into sensor, microcontroller, processors and ASICS, memory, and others.
In terms of functionality, the Europe embedded systems market is segmented into real-time embedded systems, standalone embedded systems, networked embedded systems, and mobile embedded systems. The mobile embedded systems segment held the largest Europe embedded systems market share in 2022.
By applications, the Europe embedded systems market is segmented into automotive, telecommunication, healthcare, industrial, consumer electronics, and others. The consumer electronics segment held the largest Europe embedded systems market share in 2022.
Based on country, the Europe embedded systems market is categorized into Germany, Italy, the UK, Russia, France, and the Rest of Europe. Germany dominated the Europe embedded systems market in 2022.
Advantech Co Ltd, Infineon Technologies AG, Intel Corp, Marvell Technology Inc, Microchip Technology Inc, NXP Semiconductors NV, Qualcomm Inc, Renesas Electronics Corp, STMicroelectronics NV, and Texas Instruments Inc are some of the leading companies operating in the Europe embedded systems market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Embedded Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Europe Embedded Systems Market - Key Industry Dynamics
5.1 Europe Embedded Systems Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand in Automotive Industry
5.2.2 Advancement in Internet of Things (IoT)
5.2.3 Increase in Adoption of Consumer Electronics
5.3 Market Restraints
5.3.1 Global Shortage of Semiconductor Chips
5.4 Market Opportunities
5.4.1 Integration of 5G
5.5 Future Trends
5.5.1 Development of AI-based Embedded System
5.6 Impact of Drivers and Restraints:
6. Embedded Systems Market - Europe Market Analysis
6.1 Europe Embedded Systems Market Revenue (US$ Billion), 2022 - 2030
6.2 Europe Embedded Systems Market Forecast and Analysis
7. Europe Embedded Systems Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: Europe Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.3 Processors and ASICs
7.1.3.1 Overview
7.1.3.2 Processors and ASICs: Europe Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.4 Memory
7.1.4.1 Overview
7.1.4.2 Memory: Europe Embedded Systems Market Revenue and Forecast to 2030 (US$ Billion)
7.1.5 Sensor
7.1.5.1 Overview
7.1.5.2 Sensor : Europe Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.6 Others
7.1.6.1 Overview
7.1.6.2 Others: Europe Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.2 Software
7.2.1 Overview
7.2.2 Software : Europe Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
8. Europe Embedded Systems Market Analysis - Functionality
8.1 Mobile Embedded System
8.1.1 Overview
8.1.2 Mobile Embedded System: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.2 Standalone Embedded System
8.2.1 Overview
8.2.2 Standalone Embedded System: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.3 Real Time Embedded System
8.3.1 Overview
8.3.2 Real Time Embedded System: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.4 Networked Embedded System
8.4.1 Overview
8.4.2 Networked Embedded System: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9. Europe Embedded Systems Market Analysis - Application
9.1 Consumer Electronics
9.1.1 Overview
9.1.2 Consumer Electronics: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive: Europe Embedded Systems Market, Revenue, and Forecast to 2030 (US$ Billion)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial : Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.5 Telecommunication
9.5.1 Overview
9.5.2 Telecommunication : Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: Europe Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
10. Europe Embedded Systems Market - Country Analysis
10.1 Overview
10.2 Europe
10.2.1 Europe Embedded Systems Market Overview
10.2.2 Europe Embedded Systems Market Revenue and Forecasts and Analysis - By Country
10.2.2.1 Europe Embedded Systems Market Revenue and Forecasts and Analysis - By Country
10.2.2.2 Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.2.1 Germany Embedded Systems Market Breakdown by Component
10.2.2.2.1.1 Germany Embedded Systems Market Breakdown by Hardware
10.2.2.2.2 Germany Embedded Systems Market Breakdown by Functionality
10.2.2.2.3 Germany Embedded Systems Market Breakdown by Application
10.2.2.3 UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.3.1 UK Embedded Systems Market Breakdown by Component
10.2.2.3.1.1 UK Embedded Systems Market Breakdown by Hardware
10.2.2.3.2 UK Embedded Systems Market Breakdown by Functionality
10.2.2.3.3 UK Embedded Systems Market Breakdown by Application
10.2.2.4 France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.4.1 France Embedded Systems Market Breakdown by Component
10.2.2.4.1.1 France Embedded Systems Market Breakdown by Hardware
10.2.2.4.2 France Embedded Systems Market Breakdown by Functionality
10.2.2.4.3 France Embedded Systems Market Breakdown by Application
10.2.2.5 Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.5.1 Italy Embedded Systems Market Breakdown by Component
10.2.2.5.1.1 Italy Embedded Systems Market Breakdown by Hardware
10.2.2.5.2 Italy Embedded Systems Market Breakdown by Functionality
10.2.2.5.3 Italy Embedded Systems Market Breakdown by Application
10.2.2.6 Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.6.1 Russia Embedded Systems Market Breakdown by Component
10.2.2.6.1.1 Russia Embedded Systems Market Breakdown by Hardware
10.2.2.6.2 Russia Embedded Systems Market Breakdown by Functionality
10.2.2.6.3 Russia Embedded Systems Market Breakdown by Application
10.2.2.7 Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.2.2.7.1 Rest of Europe Embedded Systems Market Breakdown by Component
10.2.2.7.1.1 Rest of Europe Embedded Systems Market Breakdown by Hardware
10.2.2.7.2 Rest of Europe Embedded Systems Market Breakdown by Functionality
10.2.2.7.3 Rest of Europe Embedded Systems Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Infineon Technologies AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Intel Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 NXP Semiconductors NV
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Qualcomm Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Renesas Electronics Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 STMicroelectronics NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Texas Instruments Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Microchip Technology Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Advantech Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Marvell Technology Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Word Index
List of Tables
Table 1. Europe Embedded Systems Market Segmentation
Table 2. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Component
Table 4. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Hardware
Table 5. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Functionality
Table 6. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Application
Table 7. Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Country
Table 8. Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 9. Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 10. Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 11. Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 12. UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 13. UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 14. UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 15. UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 16. France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 17. France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 18. France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 19. France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 20. Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 21. Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 22. Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 23. Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 24. Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 25. Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 26. Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 27. Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 28. Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 29. Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 30. Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 31. Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 32. List of Abbreviation
List of Figures
Figure 1. Europe Embedded Systems Market Segmentation, By Country
Figure 2. Ecosystem: Europe Embedded Systems Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Embedded Systems Market Revenue (US$ Billion), 2022 - 2030
Figure 5. Europe Embedded Systems Market Share (%) - Component, 2022 and 2030
Figure 6. Hardware: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 7. Processors and ASICs: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 8. Memory: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Sensor: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 10. Others: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 11. Software: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. Europe Embedded Systems Market Share (%) Deployment, 2022 and 2030
Figure 13. Mobile Embedded System: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Standalone Embedded System: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 15. Real Time Embedded System Market: Europe Embedded Systems Revenue and Forecasts to 2030 (US$ Billion)
Figure 16. Networked Embedded System: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 17. Europe Embedded Systems Market Share (%) Application, 2022 and 2030
Figure 18. Consumer Electronics: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 19. Automotive: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 20. Industrial : Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 21. Healthcare : Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 22. Telecommunication: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 23. Others: Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 24. Europe Embedded Systems Market Revenue, by Key Countries, (2022)(US$ Bn)
Figure 25. Europe Embedded Systems Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. Germany Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 27. UK Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 28. France Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 29. Italy Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 30. Russia Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 31. Rest of Europe Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
1. Advantech Co Ltd
2. Infineon Technologies AG
3. Intel Corp
4. Marvell Technology Inc
5. Microchip Technology Inc
6. NXP Semiconductors NV
7. Qualcomm Inc
8. Renesas Electronics Corp
9. STMicroelectronics NV
10. Texas Instruments Inc