Automotive Microcontroller Market: Overview
The automotive microcontroller is an integrated chip that controls the functioning of the automobiles. In a single chip, the microcontroller consists of ROM, timer, RAM, serial and parallel interface, and interrupt schedule circuitry. In order to perform the activities that require the functionality of controlling and monitoring, the automotive microcontroller is used in the systems that are small and that have least component designs. The automatic automobile devices make use of the automotive microcontrollers which includes the remote control system, operating system, automobile air bag system, and automobile audio system.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Automotive Microcontroller Market: Facts
The market players are investing more in the development of the software that is required for the proper functioning of the automobiles. As a solution, the Freescale Semiconductor launched the first automotive microcontroller in order to increase the speed and simplify the process of the software development. In the ARM Cortex architecture, the S32K was adopted.
Automotive Microcontroller Market: Segmentation
The global market for the automotive microcontroller is fragmented into its applications and the materials used. Based on the application, the global market is segregated into parking assist system, electric control suspension, functional safety technology, start-stop system, electronic power steering system, advanced driver assistance system, brake control system, airbags, transmission control, pump control, and power slide door. Based on the materials used, the market is categorized into nickel-cobalt ferrous alloy, tinned steel, and copper alloy.
Automotive Microcontroller Market: Growth Factors
The key factor that is driving the automotive microcontroller market is the latest advancements that are made in the transportation systems which include the roadways and the railways. The automotive microcontroller is used for the automatic control sensing. The automotive microcontroller is used to enhance the safety features in the vehicles such as air bag control and high-temperature control. Use of the automotive microcontrollers increase the speed of the execution, hence owing to all these factors the demand for the automotive controllers are increasing in the market. The fact that is limiting the growth of the market is the complex architecture of the system.
Automotive Microcontroller Market: Regional Analysis
The major share of the automotive microcontroller market is held by the regions such as Eastern Europe and North America. These regions lead the market in terms of revenue and production. The regions that are following these regions are Western Europe and Asia Pacific regions. It is expected that these regions will experience a good market growth in the coming years owing to the fact that the use of automotive microcontroller makes the transportation easy and enhances the safety measures. The automotive microcontroller market is witnessing a sluggish market growth in the Latin America and the Middle East and Africa regions.
Automotive Microcontroller Market: Competitive Players
The key market players that are involved in the automotive microcontroller market include Microchip Company, Renesas Technology Corp., Dallas Semiconductor, ST Microel-Electronics, Freescale Semiconductor Company, Texas Instruments, Silicon Labs, Intel Corporation, Fujitsu Semiconductor Europe, and ZiLog Company.
Automotive Microcontroller Market: Regional Segment Analysis
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