Microcontroller Market Report, By Product (8-bit, 16-bit, 32-bit) By Application (Consumer Electronics, Automotive, Industrial, Medical Devices, Military & Defense) and Geography (North America, Europe, Asia Pacific, and Rest of the World) Analysis, Share, Trends, Size, & Forecast From 2019 2025
Report Code: AV412
Industry: Semiconductor and Electronics
Publiced On: 2020-10-10
Pages: 171
Format:
REPORT HIGHLIGHT
Microcontroller Market was valued at USD 18.2 billion by 2018, growing with 8.8% CAGR during the forecast period, 2019-2025.
Market Dynamics
The microcontroller is a compact integrated circuit, employed in embedded system for performing a certain task. In the automotive sector, surging growth is facilitated by an increasing number of luxurious cars using the latest microcontrollers. The electric vehicle market is growing rapidly and thus, the demand for the product is expected to increase. Many major players are prioritizing the installation of microcontrollers in an electric vehicle as an eco-friendly way for curbing air and noise pollution. Texas Instruments, for example, offers precision controllers for use with electric motors to prevent damage to vehicle electrical components. As a result, as the demand for automobiles increases, the sector of automotive is expected to make a significant contribution to the growth of the global market for close monitoring. Besides automotive, this product is used in consumer electronics and healthcare sectors. In the medical field, the use of microcontrollers is observable in diagnostic equipment like spirometers and contemporary diagnostic equipment for monitoring blood pressure and pulse rate.
The smart grid is a modeling technology that promotes remote control functions by combining electrical control grid and digital communication. A smart grid communicates with a smart meter using a communication channel. Smart meters are electronic devices that record electricity consumption and transmit information to electricity companies for monitoring and billing purposes. Smart meters usually record energy every hour or more and report at least daily. Hence, microcontrollers are being increasingly utilized for ensuring proper communication between multiple sites. Thus, the contemporary market will witness an increase in the installation of the smart meter.
On the other hand, product prices are expected to decline due to intensifying market competition, and product demand is projected to increase. The decline in average selling prices combined with high demand from key application areas is expected to drive market progression in the following five to six years. In addition, because precision control is primarily used in automotive applications, a world-wide recede in the marketing and manufacturing of automobiles can affect growth.
Hardware components used by manufacturers and service providers characterized by the integration of complex devices and peripherals. The production design of microcontroller witnessing an increase in complexity. Therefore, manufacturers need to implement well-established standards and stringent quality control checks for preventing errors. The manufacturing process requires repeated testing and checking for device defects which entail humungous cost. Such a high cost may act as a deterrence to market growth.
Product Takeaway
Depending on the product, the market is divided into 8 bits, 16 bits, and 32 bits. 8-bit technology simplifies product design and reduces material costs. Developers choose a controller based on the required processing power, required conductivity, and power consumption. 8-bit microcontrollers (MCUs) are less expensive in comparison because of their low gateway, simple programming, and low complexity. However, 8-bit MCUs usually operate at a speed of 8 MHz and are expected to achieve slower growth due to processing speeds without huge internal RAM.
32-bit MCUs have higher processing power and less power consumption than peers. In addition, the growing popularity of 32-bit MCUs due to lower unit prices are expected to drive sector growth. Increased growth in the automotive, telecommunications, consumer and industrial sectors will bolster the growth of 32-bit MCU chips during the forecast period.
Application Takeaway
The categorization of the market based on application includes consumer electronics, automotive, medical & industrial equipment, defense, and military. As far as revenue is concerned, the sector of automotive led the pack in the year 2018. In the automotive market, microcontroller finds use in automated systems for collision avoidance, warning for lane departure, and providing assistance in parking. As a result of strict regulations, the improvement of safety at the road are expected which is anticipated to promote this product demand.
The consumer electronics field will be leading the market as far CAGR is concerned during the period forecast. The resulting growth could be attributed to a steady surge in the use of consumer electronics such as washing machines, robots, cameras, and microwave ovens.
Regional Takeaway
In the Asia Pacific region, significant growth is anticipated during the study period. A key factor for growth is the spread of emerging technologies in developing economies like India & China, providing elementary services of control. The regional growth is further accompanied by innovation in additional product service offerings like systems of entertainment, navigation through GPS, and insurance.
Key Vendor Takeaway
The major manufactureurs in the industry are Texas Instruments, NXP Semiconductor, Infineon Technologies, Renesas Electronics Corporation, ST Microelectronics and Microchip Technology. The above-mentioned companies continue to offer improved and advanced devices that support microcontrollers in different sectors, transcending geographical barriers and create a strong base of customers all over the world. In addition, the growing interest in wireless sensor-based networks for monitoring and constrolling systems is driving innovation.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- 8-bit
- 16-bit
- 32-bit
MARKET, BY APPLICATION
- Consumer Electronics
- Automotive
- Industrial
- Medical Devices
- Military & Defense
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. MICROCONTROLLER MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. MICROCONTROLLER KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MICROCONTROLLER INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. MICROCONTROLLER MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. MICROCONTROLLER MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2018 & 2025 (%)
6.2. 8-bit
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. 16-bit
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. 32-bit
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Others
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. MICROCONTROLLER MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
7.2. Consumer Electronics
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Automotive
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Industrial
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Medical Devices
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Military & Defense
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. MICROCONTROLLER MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Texas Instruments
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. NXP Semiconductor
9.3. Infineon Technologies
9.4. Zilog, Inc.
9.5. Yamaichi Electronics
9.6. Renesas Electronics Corporation
9.7. TE Connectivity
9.8. ST Microelectronics
9.9. Fujitsu Semiconductor Limited
9.10. Microchip Technology
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Microcontroller market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Microcontroller market, by Product 2014-2025 (USD Million)
TABLE Microcontroller market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Microcontroller market, by Application 2014-2025 (USD Million)
TABLE Microcontroller market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Microcontroller market, by Region 2014-2025 (USD Million)
TABLE North America Microcontroller market, by Country, 2014-2025 (USD Million)
TABLE North America Microcontroller market, by Product, 2014-2025 (USD Million)
TABLE North America Microcontroller market, by Application, 2014-2025 (USD Million)
TABLE Europe Microcontroller market, by country, 2014-2025 (USD Million)
TABLE Europe Microcontroller market, by Product, 2014-2025 (USD Million)
TABLE Europe Microcontroller market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Microcontroller market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Microcontroller market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific Microcontroller market, by Application, 2014-2025 (USD Million)
TABLE Rest of the World Microcontroller market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Microcontroller market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Microcontroller market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Microcontroller market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2018 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 8-bit market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 16-bit market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 32-bit market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Consumer Electronics market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automotive market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Industrial market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Medical Devices market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Military & Defense market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Microcontroller market share and leading players, 2018
FIGURE Europe Microcontroller market share and leading players, 2018
FIGURE Asia Pacific Microcontroller market share and leading players, 2018
FIGURE Latin America Microcontroller market share and leading players, 2018
FIGURE Middle East and Africa Microcontroller market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
