The Global Microprocessor Market size is anticipated to expand at a CAGR of 3.6% over the forecast period, and reach US$286.1 billion by 2028 from US$182.2 billion in 2017. The market has been experiencing significant growth in recent years. This is due to the growing demand for high-performance chipsets that are powering devices such as desktop computers, mobile phones, and tablets. The increasing number of applications in other industries, such as automotive powertrain systems, industrial automation, and medical imaging equipment also stimulated this growth.
The Microprocessor market is a segment of the semiconductor industry and it comprises all electronic devices that use silicon-based integrated circuits as their principal component. These chips are used in various types of computing platforms, such as laptops, desktops computers, tablets, smartphones, or other handheld mobile devices. The most common microprocessor design used today by the majority of computer manufacturers is based on either x86 or ARM architectures; AMD and Intel have dominated the market as their products are compatible with both types of architecture.
Microprocessors have become an integral part of any type of computer or data processing system. They come in two forms: desktop processors (including laptop processors) and mobile processor cores (different from CPUs). The major difference between them lies in how they process information: while CPUs handle only one task at a time, microprocessors can execute several tasks concurrently. That is why desktop processors are slower than mobile processor cores in single-threaded applications.
On the basis of Type, the market is segmented need into Desktop Microprocessors, Mobile Microprocessors, and Performance Microprocessors. The Desktop processors segment is the largest in terms of revenue with a share of over 82%.
Desktop microprocessors are a type of CPU chip used in desktop computers. Desktop processors have varying architectures and specifications, ranging from the simple Intel Atom to the powerful AMD Ryzen Threadripper. Desktop microprocessors are used in PCs and laptops, servers, and workstations.
Mobile processor cores (different from CPUs) handle only one task at a time, but they can process more information than desktop processors since they use multiple processing units that operate simultaneously. GPUs also fall under this category because they provide additional computing power to accelerate graphics rendering and improve system performance without compromising battery life.
Mobile processor cores are the most commonly used type of microprocessor in mobile devices and other small computing systems, but they have also been making their way into PCs with laptops that can switch between Intel Core processors for desktop use to AMD Ryzen CPUs when running on battery power. This enables manufacturers to offer a laptop with better CPU options at lower price points since both AMD and Intel produce low-powered chips primarily targeted towards laptops without integrated graphics capabilities even though these units are not as powerful or efficient as high-end models by either company. Desktop PC users should know this is possible because it's already happening: we've seen vendors like Acer release new products that come equipped with first-generation Ryzen Mobile processors instead of Intel ones.
Performance microprocessors are chips that have high-performance requirements. They tend to be more expensive because they can process information faster and typically use higher quality components that last longer at a wider range of temperatures than cheaper models, though this is not always true. Performance Microprocessors are used in activities such as gaming, graphic design, or video editing among others.
On the basis of Application, the market is segmented into OMEs and Aftermarket. The microprocessors are used in various industries such as automotive, medical and mobile. Some of the important uses that have been mentioned below:
In the Automotive industry, it is mainly used for powering on/off devices connected to the vehicle’s electric system. The most common use being Headlamps and turn signals.
It also has an extensive application in Medical equipment where they can be found monitoring vital signs, oxygen saturation, or pressure readings from a bandage using sensors like ECG monitors, pulse oximeters, etc. They form a critical part of any Pacemaker device too besides their use by Hospital MRI machines for imaging purposes which require creating extremely strong magnetic fields with very high accuracy levels while running them at extremely high speed.
A growing application of Microprocessors is in the area of Mobile devices, where they are used for processing data from sensors on mobile phones or smartphones and running apps that use location information to provide navigation services with maps to users while simultaneously providing voice control via speech recognition systems such as Siri.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe is expected to be the largest and fastest-growing market owing to factors such as the presence of a large number of players, increasing penetration rates for high-performance notebooks and desktops PCs, increase in demand from emerging markets.
The North American region followed by the Rest of the World is forecasted to witness moderate growth over the forecast period due to favorable economic conditions. In terms of revenue share at the regional level, Asia Pacific is anticipated to grow at the highest CAGR during 2019-2028 due to rapid adoption in China & India coupled with low affordability levels driving consumers towards purchasing microprocessors that offer more performance than ARM processors used on mobile devices.
A number of factors are driving the growth in this market. Firstly, demand for smartphones is expected to grow exponentially by 2020 with over 200 million units being shipped. This will increase the usage and adoption rates of mobile microprocessors as they power these devices. Secondly, there has been an increasing need for performance chipsets used in high-end gaming PCs (e.g., desktop). The rising popularity of eSports and virtual reality games combined with a higher disposable income among gamers is fueling the demand for advanced hardware such as more powerful GPUs that use microprocessors from Intel or AMD brands based on x86 architecture. Gaming PC manufacturers have also started upgrading their products with processors using HBM memory technology which significantly enhances graphics processing capabilities.
Thirdly, microprocessors are also used in OMEs. The global market for CPUs is projected to grow at a CAGR of around 13% during the forecast period through 2028 owing to their increasing adoption by both end-users and OEMs across Asia Pacific regions such as China, Japan India, and South Korea. In Western Europe, North America, and Latin American regions there has been an increase in demand from low-end PC manufacturers which will drive the growth rate to 12%. Furthermore, these processors have increased power efficiency levels with Intel’s latest release of 14nm manufacturing process that reduces up to 45% of total energy consumed per CPU cycle when compared with the previous 22nm node.
Up Market Research published a new report titled “Microprocessors Market research report which is segmented by Types (Desktop microprocessors, Mobile microprocessors, Performance microprocessors), By Applications (OMEs, Aftermarket), By Players/Companies Intel, Qualcomm, Samsung, AMD, Freescale, TI, Nvidia, Broadcom, IBM, Atmel, Toshiba, MediaTek, TSMC, Spreadtrum, Leadcore, Amlogic, Nufront, Ingenic”.
|Report Attributes||Report Details|
|Report Title||Microprocessors Market Research Report|
|By Type||Desktop microprocessors, Mobile microprocessors, Performance microprocessors|
|By Application||OMEs, Aftermarket|
|By Companies||Intel, Qualcomm, Samsung, AMD, Freescale, TI, Nvidia, Broadcom, IBM, Atmel, Toshiba, MediaTek, TSMC, Spreadtrum, Leadcore, Amlogic, Nufront, Ingenic|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||206|
|Number of Tables & Figures||145|
|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.
The market is segmented by Type Desktop microprocessors, Mobile microprocessors, Performance microprocessors and By Application OMEs, Aftermarket.
Some of the companies that are profiled in this report are:
Microprocessors 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:
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.
We have studied the Microprocessors 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.
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