Embedded computer board market set to grow
After two consecutive years of contraction, the market for embedded computer boards will return to growth during 2004, according to a new report from IMS Research.
After suffering two consecutive years of market contraction, embedded computer board manufacturers can breathe a sigh of relief, as IMS Research forecasts the market will return to growth during 2004.
The market, which includes both passive and active backplane solutions, was estimated to be worth Euro541.0million in 2002, well down on the 2001 result.
The market declined again in 2003 to approximately Euro534.0million, but a forecast return to growth in 2004 will result in the market being worth an estimated Euro661.2million by 2007, a CAGR during the forecast period of 4.1%.
Although the main factors effecting market growth have remained the same for many years, renewed growth in the major end-equipment markets is stimulating the demand for embedded computer boards.
In 2004, the highest growth is forecast for transportation, military, medical and industrial applications.
The board form-factors that are forecast to experience above average growth during this period are PC/104, 3.5inch, EBX, PrPMCs and Compact PCI (CPCI).
IMS Research analyst and report author, Tim Dawson notes, "suppliers appeared very upbeat at the recent embedded world 2004 exhibition held in Nuremberg, Germany.
"The number of exhibitors showing products was up a reported 13%, and visitors up 19%, on the previous year's event.
"This could be considered a sign of renewed market confidence and increased need for embedded computer products".
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