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Aerospace & Defense Sector in Single Board Computer Market Will Grow at A Rate of 13% CAGR by 2025

Author : Ronak Bora | Published Date : 2019-03-12 

The growing technological advancements in IoT coupled with the rising demand for smart connected devices will drive single board computer market in the years to come. Basically, a compressed, low-cost version of a typical computer, an SBC comprises similar components such as microprocessors, memory, input/output (I/O) and other features all embedded on a tiny circuit board.

Growing adoption of advanced semiconductors in the medical sector is projected to create several growth opportunities for the single board computer (SBC) market over the coming years. Medical devices are increasingly being integrated with these systems to perform and monitor a range of processes. Features such as power, reliability, and versatility of these systems make them suitable for customized medical monitoring systems, medical electronic devices, and fault tolerant wearable computers, among others.

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The flourishing demand across consumer electronics industry is among the major trends in the single board computer market. The rising disposable income of consumers is creating a demand for intelligent and smart devices such as gaming consoles, smartphones, tablets, and other wearable devices. In addition, declining prices of these systems have resulted in a greater demand for these systems across the industry, fueling the SBC market. For instance, Raspberry Pi Zero systems are being used to develop new smartphones, such as ZeroPhone, which is a USD 50 Linux operated technology.

The phone has several features, such as HDMI, Wi-Fi, full-size USB, 3.5 mm jack, 2G GSM connectivity, and GSM/Wi-Fi/microphone hardware switch option. It supports Raspberry Pi Zero, ESP8266, and Arduino systems. Product kits are available in different models and Raspberry Pi versions for providing advanced specifications to smartphones. These smartphones are being widely used for home automation & security, robot applications, SMS-controlled appliances, and baby & pet monitoring.

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The single board computer market is fueled by the adoption across the aerospace & defense sector and is projected to grow at a CAGR of 13%. The military sector is utilizing Raspberry Pi SBC in surveillance robots. Increasing automation is augmenting the demand in the (SBC) single board computer market.

The surveillance robots are IoT-based systems that help the military & defense sector to secure the camp or border area using a manually controlled or autonomous vehicle with the internet connection. Multi-sensory devices detect the unusual border activities and these systems sends the wireless command to an authorized person, which then instructs the robot about further movements and activities.

Companies contributing toward the growth of the single board computer market include Adlink Technology, Mercury Systems, American Portwell, Radisys Advantech, and MERCURY Systems, among others. These players are offering differentiated products in the market for various industry verticals to expand their customer base.

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The aforementioned trends demonstrate quite overtly that the global single board computer market would be drawing in exponential growth in the years between 2019-2025. According to a research report by Global Market Insights, Inc., the overall SBC market is slated to exceed $1 billion by 2025.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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