Microcontroller Market Size, Share & Trends Analysis Report By Product (8-bit, 16-bit, 32-bit), By Application (Automotive, Consumer Electronics, Industrial, Medical Devices, Military & Defense), And Segment Forecasts, 2020 - 2027

Published: Feb, 2020 | Pages: 120 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global microcontroller market size is predicted to attain USD 47.74 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 10.8% over the forecast period, owing to the increasing focus on automation and Artificial Intelligence (AI) across various verticals such as automotive and industrial. Globally, more than 30 billion Microcontroller Units (MUCs) were shipped in 2019. Increasing demand for embedded control systems in multifunctional devices, such as vehicles, robots, medical devices, mobile radio, and residential appliances, is also playing a principal role in driving the market. The growing use of consumer electronics in day to day lives is anticipated to drive the need devices with higher performance and greater functionalities. Microcontrollers would play a crucial role in the development of such devices leading to the market growth.

Rising need for agility and flexibility in the industrial ecosystem due to the reducing product lifecycles is expected to further spur the demand for MCUs. The consumer electronics segment has also witnessed a significant growth owing to innovative technological developments such as wireless sensing and connectivity, automation, along with the emergence of Internet of Things (IoT) ecosystems in homes. Many market players are developing products with state-of-the-art architecture to make them compatible with such devices. Miniaturization of microcontrollers and the delivery of high performance with extremely low power usage are some of the key advantages offered by some of the new microcontroller units.

Rising demand for devices supporting Ethernet and IoT is also expected to impact the demand for microcontrollers over the forecast period favorably. The demand for MCUs integrated with wireless interfaces, such as ZigBee, microcontrollers, and Bluetooth, has witnessed a considerable rise. Furthermore, the rising need for wireless sensor-based networks for the controlling and monitoring of systems has enhanced the interest of companies in implementing a combination of low-cost systems. Increasing focus on the implementation of energy-efficient solutions for both discrete and process industries is anticipated to propel sustainable manufacturing in industrial automation for a more efficient process. Flexible production and asset management would also influence the factory integration, offering high potential for automation and customized solutions among industrial applications.

Further key findings from the study suggest:

• The 32-bit microcontroller is anticipated to emerge as the fastest-growing product segment over the forecast period, owing to its ability to offer high computational power. Technological developments in the production of semi-autonomous and fully autonomous driving systems also require 32-bit microcontrollers, thus driving the growth of the product segment

• The automotive application segment dominated the global market in 2019 and is estimated to witness a CAGR exceeding 11% over the forecast period. Increasing demand for enhanced safety features, convenience functions, and entertainment systems, along with government regulations on emission control are driving the segment growth

• North America is expected to maintain its dominance over the forecast period. The use of microcontrollers for smart energy management and photovoltaic systems is expected to be the significant factor contributing to the regional growth

• Asia Pacific microcontroller market is anticipated to witness substantial growth over the forecast period, owing to the rapidly growing consumer electronics sectors, as well as the presence of major market players, such as Yamaichi Electronics Co., Ltd and Fujitsu Semiconductor Limited

• Factors such as the Brexit and U.S.-China trade war have led to declining market conditions. New American tariffs on Chinese goods and slowdown in the Chinese economy are the major factors affecting the steady growth of the market

• Key market players include Infineon Technologies AG; Microchip Technology Inc.; NXP Semiconductor; Renesas Electronics Corporation; STMicroelectronics; and Texas Instruments Incorporated

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation
                 1.2 Report Scope
                 1.3 Research Methodology
                 1.4 Research Scope and Assumptions
                 1.5 List to Data Sources
                 1.6 List of Abbreviations

Chapter 2 Executive Summary
                 2.1 Market Outlook
                      2.1.1 Microcontroller shipments (2016 - 2027)
                 2.2 Segmental Outlook

Chapter 3 Market Variables, Trends & Scope
                 3.1 Market Lineage Outlook
                      3.1.1 Parent market outlook
                      3.1.2 Related/ancillary market outlook
                 3.2 Microcontroller Market Dynamics
                      3.2.1 Market Driver Analysis
                          3.2.1.1 Increasing Adoption of Smart meters in smart grid systems
                          3.2.1.2 Growing demand from medical and automotive sectors
                          3.2.1.3 Emergence of Internet of Things (IoT)
                      3.2.2 Market restraint analysis
                          3.2.2.1 Unfavorable Macroeconomic conditions
                      3.2.3 Market Opportunity analysis
                          3.2.3.1 Growing focus on artificial intelligence
                 3.3 Penetration and Growth Prospect Mapping
                 3.4 Key Opportunities Prioritized
                 3.5 Microcontroller - Value Chain Analysis
                 3.6 Microcontroller Market Analysis - Porter’s
                 3.7 Microcontroller Market Analysis - PEST
                 3.8 Major Deals & Strategic Alliances Analysis
                      3.8.1 Mergers & Acquisitions
                      3.8.2 Licensing & Partnership
                      3.8.3 Technology Collaborations

Chapter 4 Type Estimates & Trend Analysis
                 4.1 Microcontroller Market: Type Movement Analysis
                      4.1.1 8-bit microcontroller
                      4.1.2 16-bit microcontroller
                      4.1.3 32-bit microcontroller

Chapter 5 Application Estimates & Trend Analysis
                 5.1 Microcontroller Market: Application Movement Analysis
                      5.1.1 Automotive
                      5.1.2 Consumer Electronics
                      5.1.3 Industrial
                      5.1.4 Medical Devices
                      5.1.5 Military & Defense

Chapter 6 Regional Estimates & Trend Analysis
                 6.1 Microcontroller Market Share By Region, 2019 & 2027
                 6.2 North America
                      6.2.1 U.S.
                      6.2.2 Canada
                      6.2.3 Mexico
                 6.3 Europe
                      6.3.1 U.K.
                      6.3.2 Germany
                 6.4 Asia Pacific
                      6.4.1 China
                      6.4.2 Japan
                      6.4.3 India
                 6.5 South America
                      6.5.1 Brazil
                 6.6 Middle East and Africa (MEA)

Chapter 7 Competitive Analysis
                 7.1 Recent Developments & Impact Analysis, By Key Market Participants
                 7.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
                 7.3 Vendor Landscape
                      7.3.1 Microcontroller: Key clientele of selected companies
                          7.3.1.1 NXP Semiconductors
                          7.3.1.2 Texas Instruments Incorporated
                          7.3.1.3 Renesas Electronics Corporation
                          7.3.1.4 STMicroelectronics
                          7.3.1.5 Infineon Technologies AG
                      7.3.2 Key company market share analysis, 2018
                 7.4 Public Companies
                      7.4.1 market position analysis
                      7.4.2 Competitive Dashboard Analysis
                      7.4.3 Synergy Analysis

Chapter 8 Competitive Landscape
                 8.1 Cypress Semiconductor Corporation
                      8.1.1 Company Overview
                      8.1.2 Financial Performance
                      8.1.3 Product Benchmarking
                      8.1.4 Recent Developments
                 8.2 Fujitsu Semiconductor Limited
                      8.2.1 Company Overview
                      8.2.2 Financial Performance
                      8.2.3 Product Benchmarking
                 8.3 Infineon Technologies AG
                      8.3.1 Company Overview
                      8.3.2 Financial Performance
                      8.3.3 Product Benchmarking
                      8.3.4 Recent Developments
                 8.4 Microchip Technology Inc.
                      8.4.1 Company Overview
                      8.4.2 Financial Performance
                      8.4.3 Product Benchmarking
                      8.4.4 Recent Developments
                 8.5 NXP Semiconductors
                      8.5.1 Company Overview
                      8.5.2 Financial Performance
                      8.5.3 Product Benchmarking
                      8.5.4 Recent Developments
                 8.6 Renesas Electronics Corporation
                      8.6.1 Company Overview
                      8.6.2 Financial Performance
                      8.6.3 Product Benchmarking
                      8.6.4 Recent Developments
                 8.7 STMicroelectronics
                      8.7.1 Company Overview
                      8.7.2 Financial Performance
                      8.7.3 Product Benchmarking
                      8.7.4 Recent Developments
                 8.8 TE Connectivity Ltd.
                      8.8.1 Company Overview
                      8.8.2 Financial Performance
                      8.8.3 Product Benchmarking
                 8.9 Texas Instruments Incorporated
                      8.9.1 Company Overview
                      8.9.2 Financial Performance
                      8.9.3 Product Benchmarking
                      8.9.4 Recent Developments
                 8.10 Toshiba Electronic Devices & Storage Corporation
                      8.10.1 Company overview
                      8.10.2 Financial performance
                      8.10.3 Product benchmarking
                      8.10.4 Recent developments
                 8.11 Yamaichi Electronics Co., Ltd.
                      8.11.1 Company Overview
                      8.11.2 Financial Performance
                      8.11.3 Product Benchmarking
                 8.12 Zilog, Inc.
                      8.12.1 Company Overview
                      8.12.2 Product Benchmarking
                      8.12.3 Recent Developments

List of Tables

Table 1 List of Abbreviation
Table 2 Microcontroller market, 2016 - 2027 (Revenue, USD Million)
Table 3 Microcontroller market, 2016 - 2027 (Shipment, Million units)
Table 4 Microcontroller market by region, 2016 - 2027 (USD Million)
Table 5 Microcontroller market by product, 2016 - 2027 (USD Million)
Table 6 Microcontroller market by application, 2016 - 2027 (USD Million)
Table 7 Microcontroller market - Key market driver impact
Table 8 Microcontroller market - Key market restraint impact
Table 9 Microcontroller market - Key market opportunity impact
Table 10 Global 8-bit microcontroller market by region, 2016 - 2027 (USD Million)
Table 11 Global 16-bit microcontroller market by region, 2016 - 2027 (USD Million)
Table 12 Global 32-bit microcontroller market by region, 2016 - 2027 (USD Million)
Table 13 Global automotive market by region, 2016 - 2027 (USD Million)
Table 14 Global consumer electronics market by region, 2016 - 2027 (USD Million)
Table 15 Global industrial microcontroller market by region, 2016 - 2027 (USD Million)
Table 16 Global medical devices microcontroller market by region, 2016 - 2027 (USD Million)
Table 17 Global military & defense market by region, 2016 - 2027 (USD Million)
Table 18 North America microcontroller market by product, 2016 - 2027 (USD Million)
Table 19 North America microcontroller market by application, 2016 - 2027 (USD Million)
Table 20 U.S. microcontroller market by product, 2016 - 2027 (USD Million)
Table 21 U.S. microcontroller market by application, 2016 - 2027 (USD Million)
Table 22 Canada microcontroller market by product, 2016 - 2027 (USD Million)
Table 23 Canada microcontroller market by application, 2016 - 2027 (USD Million)
Table 24 Mexico microcontroller market by product, 2016 - 2027 (USD Million)
Table 25 Mexico microcontroller market by application, 2016 - 2027 (USD Million)
Table 26 Europe microcontroller market by product, 2016 - 2027 (USD Million)
Table 27 Europe microcontroller market by application, 2016 - 2027 (USD Million)
Table 28 U.K. microcontroller market by product, 2016 - 2027 (USD Million)
Table 29 U.K. microcontroller market by application, 2016 - 2027 (USD Million)
Table 30 Germany microcontroller market by product, 2016 - 2027 (USD Million)
Table 31 Germany microcontroller market by application, 2016 - 2027 (USD Million)
Table 32 Asia Pacific microcontroller market by product, 2016 - 2027 (USD Million)
Table 33 Asia Pacific microcontroller market by application, 2016 - 2027 (USD Million)
Table 34 China microcontroller market by product, 2016 - 2027 (USD Million)
Table 35 China microcontroller market by application, 2016 - 2027 (USD Million)
Table 36 Japan microcontroller market by product, 2016 - 2027 (USD Million)
Table 37 Japan microcontroller market by application, 2016 - 2027 (USD Million)
Table 38 India microcontroller market by product, 2016 - 2027 (USD Million)
Table 39 India microcontroller market by application, 2016 - 2027 (USD Million)
Table 40 South America microcontroller market by product, 2016 - 2027 (USD Million)
Table 41 South America microcontroller market by application, 2016 - 2027 (USD Million)
Table 42 Brazil microcontroller market by product, 2016 - 2027 (USD Million)
Table 43 Brazil microcontroller market by application, 2016 - 2027 (USD Million)
Table 44 MEA microcontroller market by product, 2016 - 2027 (USD Million)
Table 45 MEA microcontroller market by application, 2016 - 2027 (USD Million)
Table 46 Company categorization

List of Figures

Fig. 1 Microcontroller market segmentation
Fig. 2 Microcontroller market report scope
Fig. 3 Microcontroller - Industry snapshot & key buying criteria, 2016 - 2027
Fig. 4 Microcontroller Market Analysis - Market Dynamics
Fig. 5 Global microcontroller market, (Volume & Revenue), 2016 - 2027
Fig. 6 Microcontroller market size and growth prospects
Fig. 7 Key opportunities 2018 - Prioritized
Fig. 8 Microcontroller market - Value chain analysis
Fig. 9 Microcontroller Market Analysis - Porter’s
Fig. 10 Microcontroller Market Analysis - PEST
Fig. 11 Microcontroller market - Type movement analysis
Fig. 12 Microcontroller market - Application movement analysis
Fig. 13 Regional marketplace: Key takeaways
Fig. 14 Microcontroller market- Regional movement analysis
Fig. 15 Microcontroller market - Key company market share analysis, 2019
Fig. 16 Microcontroller market - Market position analysis
Fig. 17 Microcontroller market - Competitive dashboard analysis