About Development Boards
Development boards are a kit designed for developing and testing the projects effectively and easily, these boards are used in the input-output ports, programmers, LEDs, switches, and other peripheral interfaces. The development boards consist of components like power circuits, I/O pins, programming interfaces, and others. It comes with debugging features that help in ensuring the safety of the connection with jumper wires and the board.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Development Boards is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preferences of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
STMicroelectronics (Switzerland), Analog Devices, Inc., (United States), Adafruit Industries (United States), Silicon Laboratories, Inc. (United States), Texas Instruments Incorporated (United States), Cypress Semiconductor Corporation (United States), Renesas Electronics Corporation (Japan), Nordic Semiconductor (Norway), Intel Corporation (United States) and MediaTek Inc. (Taiwan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Development Boards market by Type (Evaluation Board, Demonstration Board and Add-On Board), Application (Robotics, Home and Industry Automation, Weighing Machine, Parking Lot Counter, Emergency Light and Others) and Region.
On the basis of geography, the market of Development Boards has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Power Circuit will boost the Development Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline Retail will boost the Development Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Development Boards in Robotic Systems and other IoT based Devices
Market Growth Drivers:
Rising Demand for System or Microcontroller Systems Development and Need for Circuit Board for Easy and Effective Software System Development
Challenges:
Issues with Technical Errors and Supportability Porblems in Development Boards
Restraints:
Stringent Regulatory Standards Related Problems with Development Boards
Opportunities:
Growing Adoption of IoT in Various Devices for Automation will Boost the Development Boards Market
Market Leaders and their expansionary development strategies
In March 2020, STMicroelectronics, the world’s leading semiconductor supplier spanning multiple electronic applications, has introduced the STM32L5 x2 series of ultra-low-power microcontrollers (MCUs) featuring security as a highlight. To provide better security for IoT-connected applications.
In April 2020, Adafruit has announced the launch of three new products, including a soft circuit prototyping pack and a new carbon dioxide (CO₂) sensor designed for the STEMMA QT and Qwiic ecosystems.
Key Target Audience
Development Boards Developers, Development Boards Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.