Global Statistics Representing Computer On Module Market Scenario
The growing adoption of IoT technology and associated devices is driving the demand for computer-on-module systems. Computer on module enables the straightforward integration of IoT, thereby increasing demand across various industry sectors for automation. The combination of IoT with computer-on-module results in customized IoT platforms that fit various industrial requirements. In smaller machines, space is limited or confined in some dimensions, which calls for special solutions such as computer-on-modules. The use of a computer-on-module in combination with a custom carrier board with special interface electronics and mechanics is beneficial is saving capacity. For instance, Kontron S&T AG provides a combined portfolio of secure hardware, middleware, and services for the Internet of Things (IoT) and Industry 4.0 applications. Constant improvements by manufacturers to make computer-on-module systems progressively compact and cost-effective are leading to an upsurge in the demand from various industries such as transportation, medical, and others. As these devices continue to shrink, designers have the freedom to create new innovative devices and applications that are in demand.
The global computer on module market is expected to grow at a CAGR of 9.4% during the forecast period, 2019–2026.
Adoption of Power Architecture in Telecommunication Industry
The power architecture segment held a value share worth USD 62.04 million in 2018 and is expected to grow at a CAGR of 4.3% during the forecast period, 2019–2026. Power Architecture is considered the standard in the telecommunication industry for fast data transfer. These embedded modules – especially the QorlQ P series and the QorlQ T series – deliver the best performance. Power Architecture technology addresses a wide range of implementations from high-performance general-purpose processors to revolutionary communication processors & highly integrated implanted microcontrollers.
Growing Importance of CoM in Medical Sector
The application of computer-on-module in the medical sector ranges from high-performance systems such as stationary tomography (MRT, CRT) and semi-stationary ultrasound and diagnostic devices to small mobile and ultra-mobile devices for utilized in diagnostics and care. The growing integration of these systems across the medical sector is projected to augment the growth of the computer-on-module market. These elements have found their way across point of care devices, healthcare wearables, and other medical devices, propelling market growth. The demand for these components is driven by the reliability that they offer in varied specialized & environmentally challenging embedded applications. Key vendors offer developed panel PCs for medical environments (e.g. ultrasound and CT scanners, X-Ray systems, PET, and MRT), which vary from standard to customized solutions.
North America is pegged to be a prominent region in the computer-on-module market, against a backdrop of the rapid adoption of computer-on-module components in transportation and industrial sectors, among others. Growing gross domestic product, acceptance of standard-based systems, a well-established IT industry, and rising technological advancements are some of the factors responsible for the growth of the regional market.
European manufacturing and industrial sectors are among the most technically advanced and innovative, which is anticipated to provide significant opportunities for the computer-on-module market. Germany, the U.K., and France have many automotive and other manufacturing companies, which propel the adoption of computer-on-module in industrial automation.
Asia-Pacific is expected to witness significant growth over the forecast period, backed by the region’s flourishing medical industry. Increasing government support towards the adoption of automation and IoT in India and China, among other countries, is propelling the demand for computer-on-module systems. The presence of large-scale vendors in Asia-Pacific is anticipated to increase in the coming years, providing significant opportunities for the computer-on-module market in the region.
In the LAMEA region, Middle Eastern and African factories could be some of the most advanced in the world in the coming years, with global automation suppliers saying Industry 4.0 and regional government investment in new technologies could play a key role in the future of worldwide production. Therefore, the demand for computer on module software is increasing in the market.
Some of the prominent players in the global computer on module market are Digi International Inc., Avalue Technology Inc., AAEON, American Portwell Technology, Inc., Congatec AG, Critical Link, LLC, Kontron S&T AG, Olimex, PHYTEC America LLC, SECO S.p.A., Toradex Systems (India) Pvt. Ltd, and ADLINK Technology Inc.
Computer on Module Market Segmentation