Auto Industry to Present Impressive Growth Opportunities Sector before Embedded Systems Market Of the key application areas of embedded systems, the automotive industry is likely to account for a promising share of 18.3% of the overall market by 2021. The industry will continue to hold the largest slice in the revenue pie of the global market over the report’s forecast period. This can be chiefly attributed to the increased uptake of a variety small-sized electrical and electronic components in vehicles. The rising demand for a variety of sensing devices and technologically advanced infotainment systems will also continue to make the automotive industry a lucrative application segment for the global embedded systems market in the near future.
Other key application areas of embedded systems include consumer electronics and defense and aerospace. The consumer electronics industry, especially, has been gaining massive traction over the years as consumers spend increased funds on devices such as smartphones, laptops, and tablets for their personal use. Adoption of smart electronics devices as a part of smart home setups also help make the electronics industry a leading application segment for the embedded systems market.
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