Microcontroller Market By Type (8-Bit, 16-Bit, and 32-Bit) and By Application (Industrial, Consumer Goods, Automotive, Communication, Computers, Military & Defense, Medical Devices, and Consumer Electronics): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global microcontroller market expected to reach around USD 34.7 billion by 2025, at a CAGR of approximately 9.07% between 2019 and 2025. The microcontroller market is expected to grow rapidly in the future, owing to the rising need for electric vehicles to save fossil fuels for future generations.

04-Oct-2019 | Number of pages: 148 | Report Code: ZMR-4268 | Report Format : | Status : Published

Analysis

A microcontroller is a computer on a single integrated circuit, which is committed to accomplishing specific tasks.

The microcontroller market is expected to grow rapidly in the future, owing to the rising need for electric vehicles to save fossil fuels for future generations. Numerous players are installing microcontrollers in electric vehicles to reduce vehicle’s noise and avoid pollution via their vehicles. The rising demand for automated machines along with portable electronics, such as smartphones, tablets, personal computers, and growing number of luxury cars, which work on electronics, is anticipated to stimulate the microcontroller market growth. The healthcare sector largely uses microcontrollers in medical equipment, such as heart rate monitors, spirometers, and blood pressure monitor. Microcontroller reduces the cost of medical devices and provides exact patient information. Moreover, the rising healthcare disorders among the geriatric population are also contributing to this market. The growing awareness about smart energy management with technological advancements is also expected to propel the microcontroller market. The combination of technology with digital communication and electrical network is called a smart grid, which uses communication channel and smart meters to communicate between locations (physical). This is another factor supporting the microcontroller market. Microcontrollers are also in demand, as they require less time to perform an operation. It is mostly used in automatically controlled devices and products that include implantable medical devices, automobile engine control systems, office machines, remote control, power tools, toys, appliances, and other embedded systems. However, along with high efficiency and low time in operation performance, it performs a limited number of tasks simultaneously. This is the major growth restraint for this market.

By type, the microcontroller market includes 32-bit, 16-bit and 8-bit. The 8-bit microcontrollers will grow notably in the future, owing to its technology simplification, low material cost, and product design. These microcontrollers are selected on the basis of the degree of interfacing, power consumption, and processing capability that is required by a particular product. The 8-bit microcontroller unit encompasses lesser complexity, software simplicity, low gate count, software simplicity, which makes it economical than any other microcontrollers in the market. The 32-bit microcontrollers have superior processing power as compared to its counterparts and also consume lesser power. Moreover, the rising popularity of 32-bit MCUs due to the diminishing unit price is also anticipated to further fuel this segment’s growth.

Global Microcontroller Market

North America is expected to witness major growth in the microcontroller market, owing to its various benefits and use of microcontrollers in robots for research purposes.

Some major players of the microcontroller market are Microchip Technology, Renesas Electronics, Texas Instrument, NXP Semiconductor, Infineon Technologies, STMicroelectronics, Cypress Semiconductor, Fujitsu Semiconductor, and Panasonic Corporation.


Related Reports

Wireless Headphones Market - By Feature (Smart and Non-Smart), Type (In-Ear, On-Ear, and Over-Ear), By End Use (Fitness & Sports, Entertainment, and Gaming), Price Range (Low, Moderate, and Premium), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jul-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5354 | Report Format:

The global Wireless Headphones market, which is likely to amass revenue worth nearly 42.10 (USD Billion) by 2026, will register a CAGR of nearly 21% during the period from 2020 to 2026. The report offers assessment and analysis of the Wireless Headphones market on a global and regional level. The ...Read More

Quantum Dots (QD) Market - By Type (II-VI-Semiconductors, III-V-Semiconductors, and Silicon), By Application (Medicine, Optoelectronics & Optical Components, Alternative Energy, Agriculture, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5353 | Report Format:

The global Quantum Dots (QD) market accrued earnings worth 865 (USD Million) in 2019 and is set to record a CAGR of about 62.4% over the period from 2020 to 2026. The report offers assessment and analysis of the Quantum Dots (QD) market on a global and regional level. The study offers a comprehens...Read More

Coin Operated Laundry Machines Market - by Type (Coin Operated Washers, Coin Operated Dryers), by Application (Hotel, Laundry Home, Hospital, School Apartments, Others), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5352 | Report Format:

This report analyzes and estimates the Coin Operated Laundry Machines market at global, regional, and country level. Assessment of the global coin operated machines analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level fro...Read More

Passive Optical Network Market, by Structure (GPON, EPON, WDM-PON), by Component (ONT, OLT), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019– 2026

Mar-2020 | Price : $ 4199.00 | Pages: 144 | Report Code: ZMR-5343 | Report Format:

This report analyzes and estimates the passive optical network market at global, regional, and country level. Assessment of the global passive optical network analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2019...Read More

Metal Fabrication Equipment Market, by Equipment Type (Machining, Cutting, Forming, Welding, and Others), by Application (Residential, Commercial, and Industrial), by End-User (Oil & Gas, Automotive & Aviation, Power Plants, Chemicals & Mining, Construction, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Mar-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5342 | Report Format:

This report analyzes and estimates the metal fabrication equipment market at global, regional, and country level. Assessment of the global doctor blade analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2020 to 202...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.