Automotive Microcontrollers Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Published Date : Jan 2020 | No. of Pages : 200 Pages | Category : Automation and Transport

According to Vision Research Reports, the global automotive microcontrollers market is anticipated to project a significant growth with more than 12% CAGR, within the forecast period from 2020 to 2027. The global automotive microcontrollers market size is poised to be worth more than US$ 2,100 Mn by the end of 2027.

Automotive microcontrollers are integrated chips, which enable control over the automobile functioning. Compact microcontrollers comprising least component designs are integrated into automobiles for performing activities that need functionalities such as monitoring and controlling.

Demand for Microcontrollers Gaining an Upsurge with Increasing Modernization of Vehicles

Growing electrification of drivetrain by Tier I suppliers and OEMs is considered to significantly propel adoption of microcontrollers in automobiles in the upcoming years. Governments across the globe have introduced stringent automotive security and safety norms concerning environmental impacts of production processes and materials used for automotive microcontrollers. With increasing modernization of vehicles, demand for microcontrollers is gaining an upsurge, particularly in applications such as airbags and advanced driver assistance systems (ADAS). Moreover, continuous evolution has been witnessed in the automated electronic control technologies for electronic power steering system, electric control suspension and ADAS.  A key trend currently being observed in the global market for automotive microcontrollers is production of vehicles equipped with advanced technologies that have optimized weight to cost ratio.

Competition Tracking

Players in the global market for automotive controllers are making more investments in the development of software essential for proper automobile functioning. TMR’s report has profiled active players in the global market for automotive controllers, which include 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.

Segmentation

Type

  • Nickel-Cobalt Ferrous Alloy
  • Tinned Steel
  • Copper Alloy 

Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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