Global Microcontroller Market is valued at approximately at USD 25.76 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 10.50% over the forecast period 2023-2030. Microcontroller is a compact integrated circuit that contains a processor core, memory, and input/output peripherals on a single chip. It is designed to execute specific tasks within embedded systems, which are systems that are dedicated to performing a few specific functions rather than a wide range of tasks like general-purpose computers. Moreover, the growing trend towards automation across various industries, increasing adoption of electric vehicles, expanding consumer electronics market, and proliferation of IoT devices are anticipated to create the lucrative demand for the market during forecast period 2023-2030.
Additionally, with a rising middle-class population and increasing disposable incomes, there is a growing demand for consumer electronics products in the Asia Pacific region. Microcontrollers are essential components in devices such as smartphones, smart TVs, home appliances, and wearable devices, driving market growth. As per Statista, globally there were around 8,298.7 million pieces of consumer electronics accounted for 2022. Also, it is projected that the figure is constantly rising and is expected to reach 9,181 million pieces by the year 2027. Moreover, the increasing digitalization across industries, and rapid developments and innovations in automotive sector is anticipated to create the lucrative opportunity for the market. However, the operational failure in extreme climatic conditions, and lack of intellectual property (IP) protection rights stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Microcontroller Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the increasing demand for IOT devices, rapid technological advancements, and growing focus on smart home and automation. Whereas, the Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the rapid industrialization, strong presence of semiconductor industry, supportive government initiatives and investments, and growing demand for consumer electronics products.
Major market players included in this report are:
- Texas Instruments Incorporated (U.S.)
- Microchip Technology Inc. (U.S.)
- Renesas Electronics Corporation (Japan)
- STMicroelectronics (Switzerland)
- NXP Semiconductors (Netherlands)
- Infineon Technologies AG (Germany)
- Maxim Integrated (Analog Devices) (U.S.)
- ON Semiconductor (U.S.)
- ROHM CO., LTD. (Japan)
- Zilog, Inc. (U.S.)
Recent Developments in the Market:
- In January 2022, Infineon Technologies AG, a prominent figure in automotive semiconductor solutions on a global scale, has recently unveiled an expansion to its AURIX(TM) microcontroller lineup. The company has introduced the first samples of its latest AURIX TC4x family of 28 nm microcontrollers (MCUs), aimed at powering next-generation eMobility, Advanced Driver Assistance Systems (ADAS), automotive electrical/electronic (E/E) architectures, and cost-effective artificial intelligence (AI) applications.
Global Microcontroller Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Product Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
By Application:
- Networking & Communications
- Automotive
- Consumer Electronics
- Industrial
- Medical Devices
- Military & Defense
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1.Executive Summary
- 1.1.Market Snapshot
- 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Microcontroller Market, by region, 2020-2030 (USD Billion)
- 1.2.2.Microcontroller Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3.Microcontroller Market, by Application, 2020-2030 (USD Billion)
- 1.3.Key Trends
- 1.4.Estimation Methodology
- 1.5.Research Assumption
Chapter 2.Global Microcontroller Market Definition and Scope
- 2.1.Objective of the Study
- 2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
- 2.3.Years Considered for the Study
- 2.4.Currency Conversion Rates
Chapter 3.Global Microcontroller Market Dynamics
- 3.1.Microcontroller Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
- 3.1.1.1.Growing trend of automation across various industries
- 3.1.1.2.Increasing adoption of electric vehicles
- 3.1.1.3.Expanding consumer electronics market
- 3.1.1.4.Proliferation of IoT devices
- 3.1.2.Market Challenges
- 3.1.2.1.Operational failure in extreme climatic conditions
- 3.1.2.2.Lack of intellectual property (IP) protection rights
- 3.1.3.Market Opportunities
- 3.1.3.1.Increasing digitalization across industries
- 3.1.3.2.Rapid developments and innovations in automotive sector
Chapter 4.Global Microcontroller Market: Industry Analysis
- 4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.2.Porter's 5 Force Impact Analysis
- 4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
- 4.4.Top investment opportunity
- 4.5.Top winning strategies
- 4.6.COVID-19 Impact Analysis
- 4.7.Disruptive Trends
- 4.8.Industry Expert Perspective
- 4.9.Analyst Recommendation & Conclusion
Chapter 5.Global Microcontroller Market, by Product Type
- 5.1.Market Snapshot
- 5.2.Global Microcontroller Market by Product Type, Performance - Potential Analysis
- 5.3.Global Microcontroller Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
- 5.4.Microcontroller Market, Sub Segment Analysis
- 5.4.1.8-Bit
- 5.4.2.16-Bit
- 5.4.3.32-Bit
Chapter 6.Global Microcontroller Market, by Application
- 6.1.Market Snapshot
- 6.2.Global Microcontroller Market by Application, Performance - Potential Analysis
- 6.3.Global Microcontroller Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4.Microcontroller Market, Sub Segment Analysis
- 6.4.1.Networking & Communications
- 6.4.2.Automotive
- 6.4.3.Consumer Electronics
- 6.4.4.Industrial
- 6.4.5.Medical Devices
- 6.4.6.Military & Defense
Chapter 7.Global Microcontroller Market, Regional Analysis
- 7.1.Top Leading Countries
- 7.2.Top Emerging Countries
- 7.3.Microcontroller Market, Regional Market Snapshot
- 7.4.North America Microcontroller Market
- 7.4.1.U.S. Microcontroller Market
- 7.4.1.1.Product Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2.Application breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Microcontroller Market
- 7.5.Europe Microcontroller Market Snapshot
- 7.5.1.U.K. Microcontroller Market
- 7.5.2.Germany Microcontroller Market
- 7.5.3.France Microcontroller Market
- 7.5.4.Spain Microcontroller Market
- 7.5.5.Italy Microcontroller Market
- 7.5.6.Rest of Europe Microcontroller Market
- 7.6.Asia-Pacific Microcontroller Market Snapshot
- 7.6.1.China Microcontroller Market
- 7.6.2.India Microcontroller Market
- 7.6.3.Japan Microcontroller Market
- 7.6.4.Australia Microcontroller Market
- 7.6.5.South Korea Microcontroller Market
- 7.6.6.Rest of Asia Pacific Microcontroller Market
- 7.7.Latin America Microcontroller Market Snapshot
- 7.7.1.Brazil Microcontroller Market
- 7.7.2.Mexico Microcontroller Market
- 7.8.Middle East & Africa Microcontroller Market
- 7.8.1.Saudi Arabia Microcontroller Market
- 7.8.2.South Africa Microcontroller Market
- 7.8.3.Rest of Middle East & Africa Microcontroller Market
Chapter 8.Competitive Intelligence
- 8.1.Key Company SWOT Analysis
- 8.2.Top Market Strategies
- 8.3.Company Profiles
- 8.3.1.Texas Instruments Incorporated (U.S.)
- 8.3.1.1.Key Information
- 8.3.1.2.Overview
- 8.3.1.3.Financial (Subject to Data Availability)
- 8.3.1.4.Product Summary
- 8.3.1.5.Recent Developments
- 8.3.2.Microchip Technology Inc. (U.S.)
- 8.3.3.Renesas Electronics Corporation (Japan)
- 8.3.4.STMicroelectronics (Switzerland)
- 8.3.5.NXP Semiconductors (Netherlands)
- 8.3.6.Infineon Technologies AG (Germany)
- 8.3.7.Maxim Integrated (Analog Devices) (U.S.)
- 8.3.8.ON Semiconductor (U.S.)
- 8.3.9.ROHM CO., LTD. (Japan)
- 8.3.10.Zilog, Inc. (U.S.)
Chapter 9.Research Process
- 9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
- 9.2.Research Attributes
- 9.3.Research Assumption