The global microcontroller market size is estimated to reach $15.67 billion by 2022 from $8.6 billion in 2015, growing at a CAGR of 8.4% from 2016 to 2022. Microcontroller is a type of processor on a single integrated circuit, containing memory, processor, and input /output peripheral. It is installed in automatically controlled products and electronic devices such as remote controls, office machines, home appliances, power tools, toys, and other embedded systems. Technology used in microcontroller ensures smooth management of electronic devices and prevents errors.
Rapid adoption of advanced electronics in automotive industry and increase in number of automated machines and equipment fuel the market growth. However, malfunctioning of microcontroller devices in extreme climatic conditions could hamper its market growth.
The global microcontroller market is segmented based on type, application, and geography. Based on type, it is categorized into 8-bit, 16-bit, and 32 bit. Based on application, it is subsegmented into industrial, consumer goods, automotive, communication, and computers. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Renesas Electronic Corporation, Microchip Technology Inc., NXP Semiconductor N.V., Texas Instrument Incorporated, STMicroelectronics, Infineon Technologies AG., Fujitsu Semiconductor Limited, Cypress Semiconductor Corporation, ARM Ltd., and Panasonic Corporation.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
This report provides an in-depth analysis of the global microcontroller market, along with current trends and future estimations to identify the profitable investment opportunities.
It elucidates the impact analysis of the key drivers, opportunities, and restraints that shape the market.
Porter's five forces analysis highlights the potency of buyers and suppliers to facilitate better decisions for stakeholders and strengthen their supplier and buyer networks.
MARKET SEGMENTATION
The microcontroller market is segmented on the basis of type, application, and geography.
BY TYPE
8-Bit
16-Bit
32-Bit
BY APPLICATION
Industrial
Consumer Goods
Automotive
Communication
Computers
BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
Taiwan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Renesas Electronic Corporation
Microchip Technology Inc.
NXP Semiconductor N.V.
Texas Instrument Incorporated
ST Microelectronics
Infineon Technologies AG.
Fujitsu Semiconductor Limited
Cypress Semiconductor Corporation
ARM Ltd.
Panasonic Corporation
