Microcontroller (MCU) Market – Global Industry Trends and Forecast 2021 to 2027

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In 2019, the global microcontroller (MCU) market was valued at USD 21.49 billion and expected to reach USD 48.11 billion by 2027 and poised to grow at a compound annual growth rate (CAGR) 10.6% during the forecast period 2020 to 2027.

The Global microcontroller (MCU) Market Research Report 2021-2027 provides key analysis on the market status of the microcontroller (MCU) manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe. The report also calculates the market size, microcontroller (MCU) sales, price, revenue, gross margin and market share, cost structure and growth rate. The report considers the revenue generated from the sales of this report and technologies by various segments.

Get the sample pages of report@ https://www.precedenceresearch.com/sample/1084

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for microcontroller (MCU) in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.

The prime objective of this report is to help the user understand the microcontroller (MCU) market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

The study:

  • History Year: 2017-2020
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Year 2021 to 2027

Report Highlights

  • In 2019, North America encountered the largest market share, accounting to more than 35% of the overall market value due to rising penetration of IoT ecosystems in corporate places and homes
  • Europe is the other most prominent revenue contributor to the global microcontroller market because of significant presence of automotive and its parts manufacturers
  • The Asia Pacific exhibits the fastest growth over the analysis period owing to presence of significant consumer base for consumer electronic devices and automotive applications
  • Based on product, the 16-bit MCU segment led the overall market in terms of value in the year 2019
  • The 32-bit MCU segment anticipated to register the highest growth rate during the forecast period owing to their higher processing power compared to their counterparts as well as it consumes less amount of power
  • The automotive application emerged as a global leader owing to the introduction of Advanced Driver Assistance System (ADAS) and Adaptive Cruise Control (ACC)
  • Consumer electronics application segment projected to exhibit the fastest growth over the forecast period attributed to the miniaturization of consumer electronic devices

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The research covers the current microcontroller (MCU) market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:

Key Players

This report elaborates the market size, market characteristics, and market growth of the Viral Vector and Plasmid DNA Manufacturing industry, and breaks down according to the type, application, and consumption area of Viral Vector and Plasmid DNA Manufacturing. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

Some of the prominent players in the microcontroller (MCU) market include:

  • Fujitsu Semiconductor Limited
  • Cypress Semiconductor Corporation
  • Infineon Technologies AG
  • NXP Semiconductors
  • Microchip Technology Inc.
  • Renesas Electronics Corporation
  • TE Connectivity Ltd.
  • STMicroelectronics
  • Texas Instruments Incorporated
  • Yamaichi Electronics Co., Ltd.
  • Toshiba Electronic Devices & Storage Corporation
  • Zilog, Inc.

Regional Snapshots

North America is the front-runner in the global microcontroller market with more than 35% market value in the year 2019. Advent of Internet of Things (IoT) in the region along with its rising implementation in the smart wearables, smart electricity gadgets, medical devices, and sensors expected to be the major contributor towards the significant growth of the region. Furthermore, increasing popularity of electric & hybrid vehicles coupled with government support for adoption of these vehicles anticipated to propel the market growth of MCUs in the region.

On the other hand, the Asia Pacific region projected to gain significant revenue during the forecast period. This is majorly attributed to the proliferation of start-up business ventures that provide essential microcontroller services, in the emerging countries such as India and China along with innovative add-on products and services such as GPS navigation, insurance, and entertainment systems. Furthermore, shifting consumer preference towards smart and innovative electronic products predicted to further drive the market growth.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of microcontroller (MCU) in these regions, from 2017 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Frequently Asked Questions

  • Which manufacturing technology is used for microcontroller (MCU)? What developments are going on in that technology? Which trends are causing these developments?
  • Who are the global key players in this microcontroller (MCU) market? What are their company profile, their product information, and contact information?
  • What was global market status of microcontroller (MCU) market? What was capacity, production value, cost and PROFIT of microcontroller (MCU) market?
  • What is current market status of microcontroller (MCU) industry? What’s market competition in this industry, both company, and country wise? What’s market analysis of microcontroller (MCU) market by taking applications and types in consideration?
  • What are projections of global microcontroller (MCU) industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about Import and Export?
  • What is microcontroller (MCU) market value chain analysis by upstream raw materials and downstream industry?
  • What is economic impact on microcontroller (MCU) industry? What are global macroeconomic environment analysis results? What are global macroeconomic environment development trends?
  • What are market dynamics of microcontroller (MCU) market? What are challenges and opportunities?
  • What should be entry strategies, countermeasures to economic impact, and marketing channels for microcontroller (MCU) industry?

Segments Covered in the Report

By Product

  • 32-bit
  • 16-bit
  • 8-bit

By Application

  • Consumer Electronics
  • Automotive
  • Industrial
  • Military & Defense
  • Medical Devices

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

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