ID: MRFR/ICT/9351-HCR | 141 Pages | Published By Aarti Dhapte on March 2023
Global ultra-low-power microcontroller market was valued USD 5.42 Billion in 2020 and will grow at 25.3% during 2022 to 2027.
The global ultra-low-power microcontroller market size is predicted to register a CAGR of 25.3% during the forecast period, 2022–2027.Microcontrollers is an integrated circuit that involves of processors code, programmable input/ output peripheral and memory. Ultra-low-power microcontroller enables edge nodes to process located data smartly with the smallest amount of device power required. It allows battery life to be increased by consumers and the time between charges to allow longer use. Smaller battery sizes and longer time between in-field replacements provide our customers with cost savings.
Semiconductor is an essential component of electronic devices, found in cars and factory machinery to mobile phones and consumer electronics. COVID-19 outbreak, China is the largest consumer and supplier of smartphones, PCs, tablets driving around one-third of the semiconductor market. Memory prices will tend to flatten due to the shortage of products caused by the halt in manufacture during this worldwide lockdown scenario. The ultra-low power microcontroller market is anticipated to make a quick rebound due to demand of smart devices especially in healthcare sector.
Increasing adoption of consumer and connected devices is expected to drive the demand for energy-efficient solutions is a one of the factors expected to drive growth of the global Ultra-low-power microcontrollers market. These electronic products are used in home appliances, such as washing machines, dishwashers, and induction heaters. Ultra-low-power microcontrollers are used in consumer electronics such as smartphones, smart TVs, wearables, wireless speakers, gaming consoles, and earphones and headphones to reduce the power consumption, as well as ensure higher performance and greater functionalities of these devices. The use of ultra-low-power microcontrollers in consumer electronics is also supplemented by the increasing use of these devices for connected networks and IoT.
Increasing adoption of low battery powered IoT enabled smart devices such as wireless sensor networks and automobile engine control systems is a factor expected to drive the growth of the global ultra-low power microcontroller market. In addition, smart meters, temperature sensors, connected home consoles fetch real-world signals such as speed, acceleration, temperature, pressure and convert to digital signals is another factor expected to drive the growth of the global market.
Ultra-low-power microcontrollers have complex designs and manufacturing such electronics is power-critical. However, complex design of this device and intense competition due to presence of large number of solution providers of this product is expected to hamper the ultra-low power microcontroller market growth.
Value Chain Analysis
The global ultra-low-power microcontroller market has been registering major growth in the recent past, due to adoption of ultra-low-power microcontroller in consumer electronic. It is likely to continue growing at a higher pace in the coming years. The ultra-low-power microcontroller market's value chain is divided into four levels: OEMs, suppliers, end users, and distributors.
The global ultra-low-power microcontroller market has been segmented based on peripheral device, packaging type, end-use industry, and region.
Based on the peripheral device, the ultra-low-power microcontroller market has been segmented into analog devices, digital devices. The analog devices segment is expected to highest revenue share than digital devices.
Based on the packaging type, the ultra-low-power microcontroller market has been segmented into 8-bit packaging, 16-bit packaging, 32-bit packaging.
Based on the end-use industry, the Ultra-Low-Power Microcontroller Market has been segmented into aerospace & defense, automotive, servers and data centers, consumer electronics, telecommunications, healthcare, media and entertainment and manufacturing.Global Ultra-Low-Power Microcontroller Market, 2018–2027 (USD Billion)Source: MRFR Analysis
The regional analysis for the global ultra-low-power microcontroller market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The market in Asia Pacific accounted for dominant revenue share in the global market and expected to continue its dominance over the forecast period. Furthermore, ultra-low-power microcontroller Market in Europe is projected to grow at the highest CAGR over the forecast period, due to increasing demand for ultra-low-power microcontroller-embedded systems from consumer electronics, automotive, defense, and healthcare.
Increasing adoption of ultra-low-power microcontroller in Asia-Pacific is expected to account for highest revenue share over the forecast year
Asia Pacific ultra-low-power microcontroller market is expected to register fastest growth in terms of revenue during the forecast period. This is attributed to increasing demand in medical devices is expected to drive the Asia Pacific in the global market during the forecast period. In addition, growing use of ultra-low power microcontrollers in portable healthcare electronics devices is another factor expected to drive the growth of the global ultra-low power microcontroller market
The global ultra-low-power microcontroller market is characterized by the presence of several regional and local providers. There are several domestic, regional, and international players operating in the ultra-low-power microcontroller market that continuously strive to gain a significant share of the global market.
NXP Semiconductors introduced ultra-low power K32W061/41, multiprotocol wireless microcontrollers which maximizes the performance through single coin battery via multiple low power modes. K32W061 and K32W041 feature an IEEE 802.15.4 radio supporting Thread and Zigbee Networking Protocols, Bluetooth Low Energy 5.0 and integrated NFC NTAG for tap-to-pair installations. The wireless MCUs are based on Arm Cortex M4 Microcontroller Core running at 48MHz and include 640KB of on-board flash, 152KB SRAM providing storage, flexibility for complex applications. This device with IoT connectivity and low power consumption supports wide temperature range from -400C to +1250C thereby enhancing its use in automatic automobile engine-control devices, remote-controlled office machine, and implantable medical devices.
The global ultra-low-power microcontroller market is characterized by the presence of several regional and local providers. Some of the key players in the market are Atmel Corp., Cypress, EPSON semiconductor, Freescale Semiconductor, Inc., Fujitsu, Holtek, Infineon Technologies AG, Intel Crop., Microchip Technology Inc., NXP Semiconductors, Renesas Electronics Corporation, Silicon Laboratories, STMicroelectronics and Texas instruments
This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2019 to 2027. For this analysis, MRFR segmented the global ultra-low-power microcontroller market has been segmented based on peripheral device, packaging type, end-use industry, and region.
By Peripheral Device
By Packaging Type
By End-Use Industry
|Market Size||USD 5.42 Billion (2020)|
|Historical Data||2019 and 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||• Peripheral Device (Analog Devices, Digital Devices) • Packaging Type (8-Bit Packaging, 16-Bit Packaging, 32-Bit Packaging) • End-Use Industry (Aerospace & Defense, Automotive, Servers and Data Centers, Consumer Electronics, Telecommunications, Healthcare, Media and Entertainment, Manufacturing)|
|Geographies Covered||• North America (US, Canada, and Mexico) • Europe (UK, Germany, France, and Rest of Europe) • Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific) • Middle East & Africa • South America|
|Key Vendors||• Atmel Corp. • Cypress • EPSON semiconductor • Freescale Semiconductor, Inc. • Fujitsu • Holtek • Infineon Technologies AG • Intel Crop. • Microchip Technology Inc. • NXP Semiconductors • Renesas Electronics Corporation • Silicon Laboratories • STMicroelectronics • Texas instruments|
|Key Market Opportunities||Growing adoption of power electronics in electric vehicles industry|
|Key Market Drivers||• Drivers • Rising need for energy efficiency in consumer electronics • Increasing use of ultra-low-power microcontroller in industrial and automotive application • Growing adoption of low-power consumption devices • Increasing use of ultra-low-power microcontroller in different application such as automotive, servers and data centers, healthcare, manufacturing, telecommunications, aerospace & defense, and media and entertainment • Restraint • Complex design of ultra-low-power microcontroller • Designing high-speed ultra-low-power microcontroller is critical and needs alternative designing approaches. • Opportunity • Growing adoption of power electronics in electric vehicles industry • Increasing manufacturing and sale of plug-in electric vehicles (PEVs) • Impact of COVID-19 • Impact of COVID-19 on consumer electronic • Picked up demand in healthcare, manufacturing|
A 25.3% CAGR is expected to transform the market.
The Asia Pacific regional market is projected to be the major driver of the market.
The segments in the market are peripheral device, packaging type, end-use industry.
The major contenders in the market are Atmel Corp., Cypress.