Europe System on Module (SoM) Market

The System on Module (SoM) market in Europe is expected to grow from US$ 554.11 million in 2022 to US$ 900.41 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2022 to 2028.

The growing use of control systems, robotics, and the Internet of Things (IoT) technologies to handle processes in industries is one of the prime factors driving the uptake of systems on modules. The solutions incorporated with systems on modules feature high accuracy, precision, and enhanced manufacturing process performance. The use of the integrated system on modules is on the rise as it helps enhance manufacturing, product assembly, supply chain management, and logistics operations, among others.

Manufacturers are increasingly replacing their conventional computing systems with compact and cost-effective computing solutions enabled with systems on modules. Thus, widespread applications of systems on modules in industrial automation processes, including process control and discrete manufacturing, are propelling the market.

  Europe System on Module (SoM) Market Revenue and Forecast to 2028 (US$ Million)

Europe System on Module (SoM) Strategic Insights

Strategic insights for the Europe System on Module (SoM) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe System on Module (SoM) Report Scope

Europe System on Module (SoM) Regional Insights

The geographic scope of the Europe System on Module (SoM) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Europe System on Module (SoM) Market Segmentation        

The Europe system on module (SoM) market is segmented by component, hardware type, standard, application, and country. The market based on component is bifurcated into hardware and software. The hardware segment is dominating the market in 2022. Based on hardware type, the market is segmented into ARM, X86, Power, FPGA, GPU, DSP, and RISC-V. The ARM segment dominated the market in 2022. Based on standard, the market is segmented into Qseven, COMExpress, and SMARC. The Qseven segment dominated the market in 2022. Based on application, the market is segmented into industrial automation, entertainment, medical, transportation, test and measurement, video application, and others. The industrial automation segment dominated the market in 2022. Based on country, the market is segmented into Germany, France, Italy, Russia, the UK, and the rest of Europe. Further, Germany dominated the market in 2022.

A few key players dominating the Europe System on Module (SoM) market are AAEON; Advantech Co. Ltd.; Axiomtek Co., Ltd.; Congatec GmbH; Connect Tech Inc.; Emcraft Systems; Microchip Technology, Inc.; National Instruments Corporation; Segate Technology LLC; SiFive Inc.; and SoMLabs.