Global Automotive Microcontrollers Market
is expected to reach US$ 169.64 Bn by 2024 from US$ 79.73 Bn in 2016 at CAGR of 11.39%. The key factor of the automotive microcontrollers market is the latest advancements that are made in the transportation systems which include the roadways and the railways. Another driver is rise in demand of capacitive touch sensing – button sliders and wheels, in which this automotive microcontrollers are used for automatic control sensing.
Faster speed of execution of automotive microcontrollers is also a major driving factor for this market. There are some restraining factors in automotive microcontrollers such as its complex architecture. There are some latest trends in automotive microcontroller market such as, which includes combustion feedback engine control, active suspension systems, anti -skid brakes incorporating traction control and digital audio-based entertainment systems.
Global automotive microcontrollers market is segmented by application, by bit size, by technology, by connectivity, by electrical vehicle type, by vehicle type, and geography. In terms of application, Safe and security system is sub segment and is expected to gain the largest market share in forecast period.
Use of safety and security system microcontrollers market has increased with the increment in adopting the advanced single and multi-core microcontrollers in an automobile market and this is expected to fuel the safety and security market growth. By bit-size segment the market is estimated to experience the significant growth of 32- bit microcontrollers. It is mostly used in electric and convention vehicles as their applications. By electric vehicles type, the largest share of global automotive microcontrollers market is to be estimated as HEV during the forecasting period due to its high production. This growth is attributed to increased efficiency.
The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. In terms of region, Asia Pacific is going to emerge as one of the higher growth region in forecast period followed by North America and Europe. The majority of the market in the South Korea’s and Japan region is fuelled by the vehicles which are already equipped with advanced body electronics and safety features. Some of the key players in the automotive microcontrollers market are Infineon Technologies, Toshiba Corporation, Fujitsu Limited, Maxim Integrated Products, Inc., Microchip Technology Inc., Renesas Electronic Corporation, Silicon Labs Private Limited, NXP Semiconductors NV, Texas Instruments Incorporated, and STMicroelectronics NV.
for more information visit https://www.maximizemarketresearch.com/market-report/global-automotive-microcontrollers-market/2919/
Scope of the Global Automotive Microcontrollers Market
Global Automotive Microcontrollers Market, By Application
• Safety and Security Systems • Power train and Chassis • Infotainment and Telemetric • Body Electronics
Global Automotive Microcontrollers Market, By Bit Size
• 8-bit Microcontrollers • 16-Bit Microcontrollers • 32-Bit Microcontrollers
Global Automotive Microcontrollers Market, By Technology
• Park Assist System • Adaptive Cruise Control • Blind Spot Detection • Tire Pressure Monitoring System
Global Automotive Microcontrollers Market, By Connectivity
• Vehicle to Vehicle (V2V) Connectivity • Vehicle to Infrastructure (V2I) Connectivity • Vehicle to Cloud (V2C) Connectivity
Global Automotive Microcontrollers Market, By Electrical Vehicle Type
• BEV • HEV • PHEV • FCEV
Global Automotive Microcontrollers Market, By Vehicle Type
• Passenger Cars (PC) • Commercial Vehicles (CV)
Global Automotive Microcontrollers Market, By Geography
• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America
Key Players operating in the Global Automotive Microcontrollers Market
• NPX Semiconductors • Rohm semiconductors • Renesas Electronics Corporation • Texas Instruments Incorporated • Microchip Technology Inc. • Analog Devices, Inc. • Cypress Semiconductor Corporation • Toshiba Corporation • Maxim Integrated • On Semiconductor • Infineon Technologies AG
This Report Is Submitted By @
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch "
Author Signature :
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Luxmankant Godage
Organization: MAXIMIZE MARKET RESEARCH
Contact: +91 9607365656
About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healt..