The flourishing trends of deploying industrial robots in the manufacturing sector are significantly driving the uptake of SoMs in industrial automation. Systems on modules improve the industrial control processes and operations of factory equipment and industrial robots. Further, the continuous advancements in communication systems and sensors are also accelerating the demand for systems on modules to deliver high productivity. Industry 4.0 has bolstered the adoption of service robots as robotics helps achieve high manufacturing productivity. The growing use of embedded systems in robots to reduce their reliance on external computing systems is also bolstering the market. Further, the demand for affordable and user-friendly robots is rising in industrial, residential, and healthcare applications, fueling the need for controller microchips and eventually boosting the uptake of systems on modules.
Strategic insights for the Middle East and Africa 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.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 111.54 Million |
Market Size by 2028 | US$ 179.12 Million |
Global CAGR (2022 - 2028) | 8.2% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Processor Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa 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.
The Middle East & Africa 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 South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. Further, the UAE dominated the market in 2022.
A few key players dominating the Middle East & Africa System on Module (SoM) market are Advantech Co. Ltd.; Axiomtek Co., Ltd.; Connect Tech Inc.; Emcraft Systems; Microchip Technology, Inc.; National Instruments Corporation; Segate Technology LLC; and SoMLabs.
The Middle East and Africa System on Module (SoM) Market is valued at US$ 111.54 Million in 2022, it is projected to reach US$ 179.12 Million by 2028.
As per our report Middle East and Africa System on Module (SoM) Market, the market size is valued at US$ 111.54 Million in 2022, projecting it to reach US$ 179.12 Million by 2028. This translates to a CAGR of approximately 8.2% during the forecast period.
The Middle East and Africa System on Module (SoM) Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa System on Module (SoM) Market report:
The Middle East and Africa System on Module (SoM) Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa System on Module (SoM) Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa System on Module (SoM) Market value chain can benefit from the information contained in a comprehensive market report.