Thursday 1 October 2020

Micro System-on-Module Market: Growth Opportunities to Tap into in 2020-2030

 

  • A system on module (SOM) or computer on module (COM) is a complete chip on a single printed circuit board, containing elements such as RAM, clock, Ethernet, microprocessor, I/O controllers, and flash memory. It is a subtype of an embedded computer system.
  • Micro system-on-module (SOM) is a smaller version of the system- on- module based on Intel’s Braswell architecture, which is built around a carrier board that integrates all the ports together, essential in one small personal computer.
  • The size of the micro system-on-module (SOM) ranges from 52.8mm to 40mm. The product serves a broad variety of uses beginning from a calculator to engineering controls to space technology. Presently, above 2 billion micro system-on-modules are mass produced every year.

Micro System-on-Module (SOM) Market: Market Dynamics

  • The transformation of industrial automation is possible due to microchips and integrated circuits. Micro system-on-module (SOM) usage provides flexibility to perform hardware and software development activity simultaneously; hence, it is widely preferred by major companies such as Motorola, SUN Microsystems, Xerox, IBM, and DEC in their Blade computers.
  • Several other properties such as cost saving, variety in CPU choices, and demand for reduced design by clients are small but effective factors which are propelling the micro system-on-module (SOM) market globally.
  • Although demand and need for micro system-on-modules (SOM) in the market is significant, the high development cost of industrial embedded systems hinders the market growth to a certain extent.
  • High demand for computing capabilities has increased the complexity of embedded systems. Manufacturers are designing micro system-on-module that use multiple cycles with more instruction set computing, which further contributes to the overall complexity of embedded systems.

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Technological Advancements in Electronic Equipment to Offer Lucrative Opportunities

  • Robotics and industrial automation have transformed manufacturing processes with the implementation of complex embedded systems, creating a market for more efficient and powerful SoMs. Industrial technology has progressed and include multiple capabilities such as wireless connectivity, smart sensors, and imaging; this has boosted the demand for advanced and efficient systems and is expected to provide various opportunities during the forecast period.
  • Recently, industries are implementing the idea of multicore processor with different, two or more micro system-on-modules. Previously, microcontrollers were commonly used in industrial implanted systems including industrial process control, actuators, robotics, and sensors.
  • Therefore, manufacturers are offering single chips with multiple cores to improve applications, escalate reliability, decrease power consumption, and reduce full functioning costs.

Asia Pacific to Lead the Global Market

  • In terms of region, the global micro system-on-module market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • The micro system-on-module market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth can be attributed to increase in the number of semiconductor manufacturers in China and some other Asian countries and rise in development and expenditure on technological advancements in electronic equipment.
  • The micro system-on-module market in North America and Europe is likely to witness stagnant growth. The market in Latin America and Middle East & Africa is estimated to show sluggish growth during the forecast period.

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Key Players in the Global Market

The global micro system-on-module market was highly fragmented in 2018. Prominent players operating in the global market are focusing on technological developments and expansions to meet the growing demand for micro system-on-modules. Moreover, manufacturers are entering into partnerships for the development of innovative products and to gain higher profit margins.

Key players operating in the global micro system-on-module market include:

  • Inforce Computing, Inc.
  • MEN Micro
  • Intel
  • National Instruments
  • Infineon Technologies
  • ADL Embedded Solutions
  • Toradex
  • ADLINK Technology
  • Technoland

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