Global Microcontroller Units MCUs Market by Type (8 Bit Microcontroller, 16 Bit Microcontroller, 32 Bit Microcontroller, Other), By Application (Automotive, Consumer Electronics, Industrial, Medical Devices, Military & Defens) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Microcontroller Units Market size is projected to grow from a value of $27.5 billion in 2018 to $42.6 billion by 2028, representing an annual growth rate of 5.8%. The growth in this market can be attributed to the increased use of microcontrollers in automobiles, industrial equipment, medical devices, and consumer electronics products. North America will account for the largest share of the overall market during the forecast period due to strong demand from automotive and industrial applications in this region.
Microcontroller Units (MCUs) are computer systems on a single integrated circuit. They typically use very small amounts of power and often have built-in memory so can be used without needing any additional circuitry to store program instructions or data.
Microcontroller Units (MCU) is the brain of a computing device. It can be used to control and monitor devices ranging from simple gadgets like remote controls, clocks, alarm systems, or thermostats up to more complex products such as cars or home appliances. The MCU market has been increasing with time due to its development in various areas across different sectors.
On the basis of Type, the market is segmented into 16-bit Microcontroller Units (MCUs), 32-bit Microcontroller, and others.
16-Bit Microcontroller Units (MCUs):
16-bit MCUs are computers that can be programmed and configured to perform various tasks. They offer a powerful processing capability for applications with high data throughput such as digital signal processors, video codecs, graphics rendering units, embedded control panels, or programmable logic controllers.
32 Bit Microcontroller Units:
It is the most powerful of all and offers a wide range of computational power in ultra-low power. It has been designed to enable manufacturers to produce complex systems with increasingly better performance while using less energy than ever before. The 32-bit MCU provides greater efficiency by enabling designers to go beyond the constraints imposed on them with 16- or even lesser-bit architectures. At this point, it’s possible for customers across many industries (namely automotive) that need high levels of computation without sacrificing battery life to use these devices as a way forward.
On the basis of Application, the market is segmented t is categorized into Automotive, Consumer Electronics, Industrial, Medical Devices, and Military & Defense.
Automotive:
The automotive industry represents 35% of the total MCU market by 2028 end. This sector gives rise to a demand for more powerful microcontrollers that offer improved performance while reducing power consumption levels. In this light, 32-bit microcontroller units are worth considering as they can provide greater efficiency with higher computing power than 16- or even lesser-bit architectures without sacrificing battery life in any way. The architecture also enables customers across many industries (namely automotive) who need high levels of computation without compromising on battery life to use these devices as a point forward product option.
Consumer Electronics:
The consumer electronics sector accounts for 24% of the total MCU market by 2028. This industry is put at risk due to strict requirements on safety and reliability standards, in addition to a high requirement for precision as well. The demand from this industry leans towards MCUs with higher levels of processing capabilities or when low power consumption becomes necessary. Hence, an increasing number of devices are powered by 32-bit microcontrollers that provide better performance while consuming less energy than their counterparts – 16-bit or even lesser bit architectures.
Industrial:
The industry represents 14% of the total MCU market share during 2018. In order to maintain a competitive advantage over other manufacturers, many industrial customers opt for more expensive yet powerful solutions. The MCUs used in this industry segment are typically based on the 32-bit architecture, which provides better performance while consuming less energy than their counterparts – 16-bit or even lesser bit architectures.
Medical Devices:
The medical devices industry is comprised of a number of end-user sectors, such as healthcare providers and hospitals. The MCU market share for this sector in 2018 was 17%. Medical device manufacturers are constantly looking to optimize their products by reducing costs and improving performance, which explains the trend towards 32-bit architectures among these entities.
Military & Defense:
Despite being a small segment that comprises only about 0.02% during 2018, the military & defense industry has seen significant growth over recent years due to increased spending on hardware development worldwide. This area typically opts for higher-cost solutions with more powerful features, hence leading many customers toward expensive yet powerful microcontrollers – usually based on the 32-bit architecture.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In 2017, North America contributed a major share in terms of revenue largely owing to technological advancements and innovations such as cloud computing, Internet of Things (IoT), big data analytics, and machine learning. North America was followed by Europe which accounted for around 12% The European market is anticipated to witness stagnant growth rates over the forecast timeframe primarily because of stringent government regulations on outsourcing operations from developed countries like the U.S., India, etc. towards developing nations including Russia, China, and Brazil.
Up Market Research published a new report titled “Microcontroller Units MCUs Market research report which is segmented by Types (8 Bit Microcontroller, 16 Bit Microcontroller, 32 Bit Microcontroller, Other), By Applications (Automotive, Consumer Electronics, Industrial, Medical Devices, Military & Defens), By Players/Companies Cypress Semiconductor, Fujitsu Semiconductor, Atmel, Renesas Electronics, NXP Semiconductor, Microchip Technology, STMicroelectronics, Infineon Technologies, Texas Instruments, TE Connectivity, Yamaichi Electronics, Zilog (IXYS), Freescale Semiconductor, Samsung Electronics”.
Report Scope
Report Attributes | Report Details |
Report Title | Microcontroller Units MCUs Market Research Report |
By Type | 8 Bit Microcontroller, 16 Bit Microcontroller, 32 Bit Microcontroller, Other |
By Application | Automotive, Consumer Electronics, Industrial, Medical Devices, Military & Defens |
By Companies | Cypress Semiconductor, Fujitsu Semiconductor, Atmel, Renesas Electronics, NXP Semiconductor, Microchip Technology, STMicroelectronics, Infineon Technologies, Texas Instruments, TE Connectivity, Yamaichi Electronics, Zilog (IXYS), Freescale Semiconductor, Samsung Electronics |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 250 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Microcontroller Units MCUs Market Report Segments:
The market is segmented by Type 8 Bit Microcontroller, 16 Bit Microcontroller, 32 Bit Microcontroller, Other and By Application Automotive, Consumer Electronics, Industrial, Medical Devices, Military & Defens.
Some of the companies that are profiled in this report are:
- Cypress Semiconductor
- Fujitsu Semiconductor
- Atmel
- Renesas Electronics
- NXP Semiconductor
- Microchip Technology
- STMicroelectronics
- Infineon Technologies
- Texas Instruments
- TE Connectivity
- Yamaichi Electronics
- Zilog (IXYS)
- Freescale Semiconductor
- Samsung Electronics
Microcontroller Units MCUs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Microcontroller Units MCUs Market
Overview of the regional outlook of the Microcontroller Units MCUs Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Microcontroller Units MCUs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Microcontroller Units MCUs Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. 8 Bit Microcontroller
2. 16 Bit Microcontroller
3. 32 Bit Microcontroller
4. Other
7. By Application:1. Automotive
2. Consumer Electronics
3. Industrial
4. Medical Devices
5. Military & Defens
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microcontroller Units MCUs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Microcontroller Units MCUs Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microcontroller Units MCUs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microcontroller Units MCUs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microcontroller Units MCUs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microcontroller Units MCUs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microcontroller Units MCUs Market Size & Forecast, 2018-2028
4.5.1 Microcontroller Units MCUs Market Size and Y-o-Y Growth
4.5.2 Microcontroller Units MCUs Market Absolute $ Opportunity
Chapter 5 Global Microcontroller Units MCUs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Microcontroller Units MCUs Market Size Forecast by Type
5.2.1 8 Bit Microcontroller
5.2.2 16 Bit Microcontroller
5.2.3 32 Bit Microcontroller
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microcontroller Units MCUs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Microcontroller Units MCUs Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial
6.2.4 Medical Devices
6.2.5 Military & Defens
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microcontroller Units MCUs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microcontroller Units MCUs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Microcontroller Units MCUs Analysis and Forecast
9.1 Introduction
9.2 North America Microcontroller Units MCUs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Microcontroller Units MCUs Market Size Forecast by Type
9.6.1 8 Bit Microcontroller
9.6.2 16 Bit Microcontroller
9.6.3 32 Bit Microcontroller
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Microcontroller Units MCUs Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Industrial
9.10.4 Medical Devices
9.10.5 Military & Defens
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Microcontroller Units MCUs Analysis and Forecast
10.1 Introduction
10.2 Europe Microcontroller Units MCUs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Microcontroller Units MCUs Market Size Forecast by Type
10.6.1 8 Bit Microcontroller
10.6.2 16 Bit Microcontroller
10.6.3 32 Bit Microcontroller
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Microcontroller Units MCUs Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Industrial
10.10.4 Medical Devices
10.10.5 Military & Defens
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Microcontroller Units MCUs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microcontroller Units MCUs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Microcontroller Units MCUs Market Size Forecast by Type
11.6.1 8 Bit Microcontroller
11.6.2 16 Bit Microcontroller
11.6.3 32 Bit Microcontroller
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Microcontroller Units MCUs Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Industrial
11.10.4 Medical Devices
11.10.5 Military & Defens
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Microcontroller Units MCUs Analysis and Forecast
12.1 Introduction
12.2 Latin America Microcontroller Units MCUs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Microcontroller Units MCUs Market Size Forecast by Type
12.6.1 8 Bit Microcontroller
12.6.2 16 Bit Microcontroller
12.6.3 32 Bit Microcontroller
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Microcontroller Units MCUs Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Industrial
12.10.4 Medical Devices
12.10.5 Military & Defens
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Microcontroller Units MCUs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microcontroller Units MCUs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Microcontroller Units MCUs Market Size Forecast by Type
13.6.1 8 Bit Microcontroller
13.6.2 16 Bit Microcontroller
13.6.3 32 Bit Microcontroller
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Microcontroller Units MCUs Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Industrial
13.10.4 Medical Devices
13.10.5 Military & Defens
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microcontroller Units MCUs Market: Competitive Dashboard
14.2 Global Microcontroller Units MCUs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cypress Semiconductor
14.3.2 Fujitsu Semiconductor
14.3.3 Atmel
14.3.4 Renesas Electronics
14.3.5 NXP Semiconductor
14.3.6 Microchip Technology
14.3.7 STMicroelectronics
14.3.8 Infineon Technologies
14.3.9 Texas Instruments
14.3.10 TE Connectivity
14.3.11 Yamaichi Electronics
14.3.12 Zilog (IXYS)
14.3.13 Freescale Semiconductor
14.3.14 Samsung Electronics