Embedded Development Kit Market size was valued at US$ 1.56 billion in 2024 and is projected to reach US$ 2.78 billion by 2032, at a CAGR of 7.5% during the forecast period 2025-2032
Report Studies
• The global Embedded Development Kit Market size was valued at US$ 1.56 billion in 2024 and is projected to reach US$ 2.78 billion by 2032, at a CAGR of 7.5% during the forecast period 2025-2032. The U.S. market accounted for 35% of global revenue in 2024, while China’s market is anticipated to grow at a faster pace with an estimated CAGR of 9.2% through 2032.
• Development boards and kits are essential tools for prototyping and testing electronic systems across various industries. These platforms typically include microcontroller units (MCUs), field-programmable gate arrays (FPGAs), or digital signal processors (DSPs) along with necessary peripherals and software tools. Key product categories include MCU development boards, which currently dominate the market with over 40% revenue share, followed by FPGA and ARM-based solutions. The growing complexity of embedded systems and rising demand for IoT applications are driving innovation in this sector.
By Type:
• The market is segmented based on application into:
• 3C Products
• Automotive
• IoT
• Medical Equipment
• Defense & Aerospace
• Other
By Application:
• The market is segmented based on application into:
• Integrated Navigation Systems (INS)
• Inertial Measurement Units (IMU)
• Unmanned Aerial Vehicles (UAVs)
• Marine Navigation
• Industrial Automation
• Others
• STMicroelectronics (Switzerland)
• Texas Instruments (U.S.)
• NXP Semiconductors (Netherlands)
• Infineon Technologies (Germany)
• Renesas Electronics (Japan)
• Analog Devices (U.S.)
• Raspberry Pi (U.K.)
• Intel Corporation (U.S.)
