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Microcontrollers (MCU) are low cost devices which, coupled with enhancement in technology, is the driving force for their usage in a bevy of smaller products such as portable gadgets and LED lighting. The major areas in which microcontrollers are used are automotive, industrial, consumer goods, computer, and communications applications. Of these, the market is found to be primarily driven by industrial (which is considered to include medical), automotive applications and consumer goods.
Increasing awareness of smart energy management, coupled with growing penetration of automotive and medical applications is expected to drive the industry over the forecast period. The rapidly growing automotive industry is expected to drive the microcontrollers market over the next five years.
Market Analysis and Insights: Global Microcontrollers (MCU) Market
The global Microcontrollers (MCU) market was valued at US$ 26670 in 2020 and will reach US$ 35950 million by the end of 2027, growing at a CAGR of 5.1% during 2022-2027.
Global Microcontrollers (MCU) Scope and Market Size
The global Microcontrollers (MCU) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Microcontrollers (MCU) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
8 bit Microcontroller
16 bit Microcontroller
32 bit Microcontroller
Segment by Application
Automotive
Industrial
Consumer Goods
Computer
Communications
The Microcontrollers (MCU) market is analysed and market size information is provided by regions (countries). Segment by Application, the Microcontrollers (MCU) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Renesas Electronics
Infineon Technologies
Fujitsu
Freescale Semiconductor
Microchip Technology
Atmel
Texas Instruments
Samsung Electronics
NXP Semiconductors
STMicroelectronics
Increasing awareness of smart energy management, coupled with growing penetration of automotive and medical applications is expected to drive the industry over the forecast period. The rapidly growing automotive industry is expected to drive the microcontrollers market over the next five years.
Market Analysis and Insights: Global Microcontrollers (MCU) Market
The global Microcontrollers (MCU) market was valued at US$ 26670 in 2020 and will reach US$ 35950 million by the end of 2027, growing at a CAGR of 5.1% during 2022-2027.
Global Microcontrollers (MCU) Scope and Market Size
The global Microcontrollers (MCU) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Microcontrollers (MCU) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
8 bit Microcontroller
16 bit Microcontroller
32 bit Microcontroller
Segment by Application
Automotive
Industrial
Consumer Goods
Computer
Communications
The Microcontrollers (MCU) market is analysed and market size information is provided by regions (countries). Segment by Application, the Microcontrollers (MCU) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Renesas Electronics
Infineon Technologies
Fujitsu
Freescale Semiconductor
Microchip Technology
Atmel
Texas Instruments
Samsung Electronics
NXP Semiconductors
STMicroelectronics
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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