ID: MRFR/AM/0406-HCR | 145 Pages | Author: Swapnil Palwe | May 2023
Microcontroller Embedded Systems Market Size is expected to cross USD $ 169,012.1 Million by 2030 at a CAGR of 6.3% during the forecast period 2022- 2030
Microcontrollers are the small computer which is integrated on a single circuit and includes a core processor, memory, and some programmable input and output peripherals. This market has seen tremendous opportunities as consumption percentage of electronic goods are increasing. Automotive is the biggest market for microcontroller embedded systems and as this industry has grown in last decade, demand for microcontroller embedded systems has been boosted up. Currently this market has been valued at US $XX billion and expected to reach US $ 169012.13 Mn during the forecasted period with the CAGR rate of 6.3%
Key Players: The prominent players in the market of Microcontroller Embedded Systems Market are- Altera Corporation (US), Atmel Corporation (US), ARM Holdings (UK), Infineon Technologies (Germany), Freescale Semiconductor (US), Intel Corporation (US), Microsoft Corporation (US), Microchip Technology (US), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands) among others.
For the better understanding of the report, microcontroller embedded systems has been segmented on the basis of scale, type and applications. By scale, the market has been segmented as small scale embedded system, medium scale embedded system and large scale embedded system. By type includes- software and hardware. By application market has been segmented as automotive, healthcare, telecommunication, consumer electronics, aerospace and defense and others.
Currently North America is leading the market of microcontroller embedded system. Growth in the IOT in US and Canada is supporting the microcontroller embedded system market and it is expected that this market will reach US $XX billion of market size in North America during the forecasted period with the CAGR of XX%. Europe stands as second biggest market as countries like Germany, France, and Italy are some of countries which falls under umbrella of developed countries has huge consumption rate microcontroller embedded system. Asia-Pacific has emerged as fastest growing market and registered the CAGR of XX%. This market is currently valued at US $XX billion and it is expected to reach US $XX billion by the end of forecasted period.
In March 2016, Altera Corporation unveiled the Trans receiver technology which will help in data exchange up to 56 Gbps.
In June 2016, Intel Corporation introduced the Xeon Phi processor for fast and efficient work in data processing.
In February 2016, Atmel Corporation launches world’s highest performing low power 8-bit MCUs.
The reports also covers brief analysis of Geographical Region includes: Americas North America US Canada Europe Western Europe Germany France U.K Rest of Western Europe Eastern Europe Asia– Pacific Asia China India Japan South Korea Rest of Asia Pacific The Middle East& Africa
The report for Global Microcontroller Embedded Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
|Market Size 2030||USD 169012.13 Million|
|Compound Annual Growth Rate (CAGR)||6.3% (2022-2030)|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Scale, Type and Application|
|Geographies Covered||North America, Europe, Asia Pacific, and Rest of the World|
|Countries Covered||The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil|
|Key Companies Profiled||Altera Corporation (US), Atmel Corporation (US), ARM Holdings (UK), Infineon Technologies (Germany), Freescale Semiconductor (US), Intel Corporation (US), Microsoft Corporation (US), Microchip Technology (US), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands)|
|Key Market Opportunities||High consumption percentage of electronic goods are increasing|
|Key Market Dynamics||Demand for microcontroller embedded systems|
The global microcontroller embedded systems market is expected to record a substantial market valuation due to the increasing usage of electronics which is offering growth opportunities for market players.
A few major market players operating in the global microcontroller embedded systems market are Microchip Technology (US), Intel Corporation (US), Renesas Electronics Corporation (Japan), Microsoft Corporation (US), NXP Semiconductors (Netherlands) among others.
The hardware segment is slated to expand as the fastest-growing segment.
The consumer electronics segment is slated to expand as the fastest-growing segment.
The North American region is expected to witness substantive growth over the forecast period.
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