Global Development Boards Market Overview:
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. Some of the players profiled in the study are 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).
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.
Market Growth Drivers
- Rising Demand for System or Microcontroller Systems Development
- Need for Circuit Board for Easy and Effective Software System Development
- Increasing Adoption of Development Boards in Robotic Systems and other IoT based Devices
- Stringent Regulatory Standards Related Problems with Development Boards
- Growing Adoption of IoT in Various Devices for Automation will Boost the Development Boards Market
- Issues with Technical Errors and Supportability Porblems in Development Boards
Key Market Developments:
On 19th 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.
On 22nd 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.
Development Boards Developers, Development Boards Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Development Boards market on the basis of product [Evaluation Board, Demonstration Board and Add-On Board] , application [Robotics, Home and Industry Automation, Weighing Machine, Parking Lot Counter, Emergency Light and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Development Boards market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Development Boards industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Development Boards market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.