According to a market report by Lucintel, the future of the global micro system-on-module (SOM) market looks promising with opportunities in the automotive, aerospace, and robotic markets. The global micro system-on-module (SOM) market is expected to reach an estimated $1.7 billion by 2030 from $1.0 billion in 2024,at a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are increasing demand for miniaturized and integrated electronic devices, rising demand in the field of power infrastructure, and rising demand for custom som solutions.A more than 150-page report to understand trends, opportunity and forecast in micro system-on-module (SOM) market to 2030 by application (internet of things, network appliances, medical devices, and others), end use (automotive, aerospace, robotics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the application category, internet of things will remain the largest segment over the forecast period due to increasingly popular in a wide range of industries, including consumer electronics, industrial automation, and healthcare.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rapid economic growth and industrialization in the region.
ADL Embedded Solutions, Atmel, National Instruments, Toradex, SolidRun, MEN Micro, VIA Technologies, Infineon Technology, Intel, Texas Instruments are the major suppliers in the micro system-on-module (SOM) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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