Electronic systems & devices market is evolving at a rapid pace; such that even today’s technology can become obsolete within next five years, outpacing the research and development output in the sector. Top players in the electronic systems & devices market are looking forward to investing in areas of design, testing and manufacturing. Manufacturers are pinpointing that electronic devices and systems are becoming smaller, sleeker, faster, and price competitive. In coming years, manufacturers anticipate rising demand for connected devices, secure networking & storage products, and devices with larger bandwidth capability. Other notable investments within electronic systems & devices market are in areas of system learning, wearables, imaging systems, digital transmission, solid state lighting, 3D printing and so on. In 2016, electronics accounted for over 24% of the total R&D spending across the globe. Countries like USA, Germany, UK, Japan, and South Korea are leading investors in electronic systems & devices R&D. Growing demand for consumer electronics, demand for internet of things and smart machines, and rising investments in home automation are some of the factors driving electronic systems & devices market in the forecast period.
At OBRC, our reports on electronic systems & devices market are focused on electronic components, nanotechnology, new innovations in electronics, processing & manufacturing of devices and service providers. The market is estimated keeping product demand, volume production, regional outlook (towards product), and future investment possibilities into perspective. The estimated values and conclusions provided in our reports are based on the information provided from industry experts, product users, and other certified sources. The data gathered through primary research is incorporated with information from secondary sources like trade association, research institutions, trade publications, online databases and final market value is estimated. The estimated values are ascertained by analysts via primary research after consulting with leading industrial experts within each of the niche electronic systems & devices market. The report segmentation is also finalised by consulting with leading industrial experts and industrial association members. Our reports also provide in depth strategic analysis for each niche reports through various business models like product lifecycle, 360-degree analysis and so on.
Automation industry besides manufacturing, consumer electronics is one of the key sector of Original Equipment Manufacturers (OEM) across the globe. More than 85% of the innovations in automobile sector are in areas of microelectronic systems & device and software. The innovations are in areas of driving assistance systems, fuel efficiency, security and centralized vehicle management system. With rising investments in areas of electric vehicles, across the globe in the long term would results significant demand for electronic systems & devices in automotive sector.
Along with rapidly changing market scenarios for electronic systems & devices, the regulatory landscape is also undergoing significant changes. Regulatory bodies across the globe are tightening their stands on components like lithium, lead, cadmium etc., used in manufacturing electronic systems & devices. At OBRC, our analysts are constantly keeping on tab changing regulatory rules and government policies that can impact electronic systems & devices market for the forecast period. Analysts through primary research often consult and provide regulatory requirement of leading products within each of the niche electronic systems & devices market.
Some of the recent reports on electronics systems & devices include, global speech generating devices market, global graphene battery market, global biometrics system market, global flow sensors market, global cyber security market and so on. We are constantly updating and researching new reports on niche markets within electronic systems & devices. Some of the reports being researched by our analysts, include global process automation & instrumentation market, global 3D printing market, global network attached storage market, global nano & micro satellite market, global smartphone 3D camera market and so on.