LONDON--(BUSINESS WIRE)--The microcontroller market is expected to grow by USD 5.95 billion, progressing at a CAGR of almost 6% during the forecast period. Download Free Sample Report
The increasing use of microcontrollers in automobiles is one of the major factors propelling market growth. However, factors such as manufacturing challenges will hamper the market growth.
More details: https://www.technavio.com/report/microcontroller-market-industry-analysis
Microcontroller Market: Product Landscape
32-bit microcontrollers provide additional functions at low costs. Hence, 32-bit microcontrollers are being increasingly adopted in applications requiring wireless system monitoring, controlling, and sensor capabilities. Therefore, vendors are increasingly launching new microcontroller products to cater to the demand. As a result, the microcontroller market share growth by the 32-bit microcontrollers segment will be significant during the forecast period.
Microcontroller Market: Geographic Landscape
Factors such as the higher concentration of OEMs and ODMs across industries, including consumer electronics, automotive, healthcare, industrial, and others in APAC will significantly drive microcontroller market growth in this region over the forecast period. 63% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for microcontrollers in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
- Analog Devices Inc.
- Cypress Semiconductor Corp.
- Infineon Technologies AG
- Microchip Technology Inc.
- NXP Semiconductors NV
- Panasonic Corp.
- Renesas Electronics Corp.
- Samsung Electronics Co. Ltd.
- STMicroelectronics NV
- Texas Instruments Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- 32-bit microcontrollers - Market size and forecast 2019-2024
- 8-bit microcontrollers - Market size and forecast 2019-2024
- 16-bit microcontrollers - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Automotive - Market size and forecast 2019-2024
- Consumer devices - Market size and forecast 2019-2024
- Industrial - Market size and forecast 2019-2024
- Other applications - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Analog Devices Inc.
- Cypress Semiconductor Corp.
- Infineon Technologies AG
- Microchip Technology Inc.
- NXP Semiconductors NV
- Panasonic Corp.
- Renesas Electronics Corp.
- Samsung Electronics Co. Ltd.
- STMicroelectronics NV
- Texas Instruments Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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