The global Microcontroller market is expected to grow at a moderate rate during the forecast period. Factors such as increasing awareness of smart energy management and growing demand from the healthcare sector across the globe are contributing to the growth of this market across the globe. Moreover, the vast application of microcontrollers in various industries such as automotive, telecommunication, healthcare, and consumer electronics are also contributing to the growth of this market across the globe. However, declining prices of microcontrollers in recent years are likely to restrain the market growth.
Covid-19 Impact on Microcontroller Market:
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industry. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the growth of the overall sector. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Microcontroller Market Segment Overview
Based on Product, the market is segmented into 8-bit, 16-bit, 32-bit. The 32-bit segment dominated the global market in 2020 however and is also expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed due to its portability and low power consumption features.
Based on Application, the global microcontroller market is segmented into consumer electronics, automotive, aerospace & defense, industrial, healthcare, and others. The automotive segment dominated the global market in 2020 and segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing trend toward the adoption of electric vehicles across the globe.
Market Analysis, Insights, and Forecast – By Product
· 8-bit
· 16-bit
· 32-bit
Market Analysis, Insights and Forecast – By Application
· Consumer Electronics
· Automotive
· Aerospace & Defense
· Industrial
· Healthcare
· Others
Microcontroller Market Regional Overview
By region, the global microcontroller market trends are analyzed across North America (US & Canada), Europe (UK, Germany, France, Italy, Spain, & Rest of Europe), Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA). Region-wise, North America dominated the global Microcontroller market due to the presence of a large consumer base for tablets, smartphones, and other consumer electronics in the region. Moreover, Huge investment is anticipated in the region. On the other hand, however, the European market is anticipated to foresee significant growth in the deployment of advanced products and the presence of major automotive and equipment manufacturers across the country.
Microcontroller Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Microcontroller Market, Key Players
· Broadcom Corporation
· Texas Instruments Incorporated
· NXP Semiconductors N.V.
· Intel Corporation
· STMicroelectronics
· Fujitsu Semiconductor Limited
· Panasonic Corporation
· Yamaichi Electronics Co., Ltd.
· Microchip Technology Inc.
· Zilog, Inc.
· TE Connectivity Ltd.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Microcontroller Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. 8-bit
- 5.2.2. 16-bit
- 5.2.3. 32-bit
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Consumer Electronics
- 5.3.2. Automotive
- 5.3.3. Aerospace & Defense
- 5.3.4. Industrial
- 5.3.5. Healthcare
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Microcontroller Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. 8-bit
- 6.2.2. 16-bit
- 6.2.3. 32-bit
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Consumer Electronics
- 6.3.2. Automotive
- 6.3.3. Aerospace & Defense
- 6.3.4. Industrial
- 6.3.5. Healthcare
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Microcontroller Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. 8-bit
- 7.2.2. 16-bit
- 7.2.3. 32-bit
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Consumer Electronics
- 7.3.2. Automotive
- 7.3.3. Aerospace & Defense
- 7.3.4. Industrial
- 7.3.5. Healthcare
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Microcontroller Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. 8-bit
- 8.2.2. 16-bit
- 8.2.3. 32-bit
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Consumer Electronics
- 8.3.2. Automotive
- 8.3.3. Aerospace & Defense
- 8.3.4. Industrial
- 8.3.5. Healthcare
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Microcontroller Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. 8-bit
- 9.2.2. 16-bit
- 9.2.3. 32-bit
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Consumer Electronics
- 9.3.2. Automotive
- 9.3.3. Aerospace & Defense
- 9.3.4. Industrial
- 9.3.5. Healthcare
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2020
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Broadcom Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Texas Instruments Incorporated
- 10.6. NXP Semiconductors N.V.
- 10.7. Intel Corporation
- 10.8. STMicroelectronics
- 10.9. Fujitsu Semiconductor Limited
- 10.10. Panasonic Corporation
- 10.11. Yamaichi Electronics Co., Ltd.
- 10.12. Microchip Technology Inc.
- 10.13. Zilog, Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model