An embedded processor is basically a microprocessor that is designed for a system to control its electrical and mechanical processes. The processor is embedded into the system to handles all the computational and logical operations of a computer. These processors are in the form of a computer chip that is embedded in various microcontrollers and microprocessors to control various electrical and mechanical systems.
According to the latest Trends and Market Research report published, this market has been growing at an alarming rate due to its wide collection of applications in the real world and is predicted to grow more during 2018-2026 period.
These processors are also equipped with features such as storing and retrieving data from the memory. The emergence of enhanced technologies in medical devices such as wireless communication, sensors, ECG electrocardiogram, body area network (BAN) used for heart rate monitoring, and devices to monitor pulse rate, temperature, oxygen, and blood pressure, are fueling the growth of embedded processors in the healthcare industry vertical.
All these equipment and devices are integrated with embedded processors for efficient working. For instance, devices integrated with embedded processors are used to identify cardiac abnormalities as against the conventional devices, which leads to the growth of embedded processors in this industry vertical.
Factors such as increasing space constraints in semiconductor wafers, rising demand for smart consumer electronics, and the emerging usage of embedded processors in the automotive industry drive the embedded market growth globally. However, problems regarding the deployment of embedded processors in harsh conditions hamper market growth.
Furthermore, the increasing popularity of IoT and the growing usage of embedded processors in the biomedical sector are expected to offer lucrative opportunities for market expansion.
The global embedded processor market is analyzed by type, application, and region. Based on type, the market is categorized into the microprocessor, microcontrollers, digital signal processor, embedded FPGA, and others.
Based on application, the market is divided into consumer electronics, automotive & transportation, industrial, healthcare, IT & telecom, aerospace & defense and others.
Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.
The key players profiled in the report include NXP Semiconductors, Broadcom Corporation, STMicroelectronics, Intel Corporation, Infineon Technologies AG, Analog Devices Inc., Renesas Electronics, Microchip Technology Inc., Texas Instruments, and ON Semiconductor.