The North America embedded systems market is predicted to record a 4.18% CAGR by 2030, and is set to generate $77167.49 million in revenue during the forecast period, 2022-2030.

With advancing technology, the trend of smart offices and smart homes is increasing demand for consumer electronics products like smart TVs, refrigerators, smart air conditioners, etc. Also, the rising disposable income of consumers and a shift in preferences towards smart homes and smart offices are primarily driving the growth.

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The increased product innovations and interconnectivity have led to smarter consumer electronics. To achieve efficiency and low cost, emerging advanced technologies such as IoT solutions, virtual reality (VR), and robotics in manufacturing consumer electronic products has provided significant advantages for the embedded systems market in North America. In addition, the gaming and entertainment segments in consumer electronic products further boosted the industry’s growth in North America.

The North America embedded systems market growth analysis includes the assessment of Canada and United States. The United States is one of the largest consumer electronics markets globally. In the United States, the majority of demand for consumer electronics is for streaming devices, AI-enabled devices and in-vehicle technology. There is a significant increase in demand for home safety and monitoring products, which are driving growth in the smart home category.

According to the Consumer Technology Association (CTA), smart home sales, including smart smoke and carbon monoxide detectors, Wi-Fi cameras, smart locks and doorbells, dimmers and outlets, smart switches, and smart thermostats, are expected to increase in the forecast period. Also, the demand for other consumer electronics products, such as smart speakers, laptops, smartwatches, wireless earbuds, televisions, etc., is expected to propel significantly in the next few years.

Furthermore, according to the International Federation of Robotics (IFR), industrial robot sales in the United States accounted for almost 38,000 units in 2019. In 2017, robot density in the United States manufacturing industry was 200 robots per 10,000 employees compared to 97 in China. The trend to automate production in global and domestic markets is the main growth propeller of robot installations in the United States. The general industry sector, particularly the food and beverage and plastic and chemical products industries, had the highest growth in adopting industrial robots.

The North America embedded systems market entails analysis of segments by end-user and component. Market by end-user includes automotive, aerospace and defense, consumer electronics, industrial, IT & communication, healthcare, and other end-users.

The healthcare industry is one of the fastest-growing end-users for embedded systems. For instance, portable therapeutic equipment and devices for monitoring vital signs broadly use embedded systems. With small embedded systems that identify artery blockages and monitor heart rate, embedded technology has also moved into intricate surgical procedures.

While the physical size of the chips, processors, and semiconductors in embedded systems used in healthcare decreases, the intelligence and functionality of the devices have also witnessed significant growth. Further, the developments are expected to introduce a new generation of innovative medical devices that can intervene and function inside the human body. These powerful and compact devices can determine and monitor multiple patients by accessing network-based diagnostic centers remotely through mobile devices.

Key players operating in the North America embedded systems market include Plastore Inc, Intel Corporation, Hapman, Acrison Inc, Microchip Technology Inc, etc.

Microchip Technology Inc develops, sells, and manufactures specialized semiconductor products. Its product portfolio includes smart energy/metering, synchronization and timing systems, touch and gesture, storage, sensors and motor drives, clock and timing, data converters, security ICs, services, etc. It also licenses flash-IP solutions incorporated into a broad range of products. Its solutions find applications in defense, space, automotive, communications, aerospace, computing, consumer, and industrial control markets. The company has a business presence across the Americas, Asia and Europe. Microchip Technology Inc is headquartered in Arizona, the United States.

Embedded controllers and super I/O from Microchip Technology are for desktop and keyboard controllers with expansion capacity and legacy I/O.

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