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Global Automotive Micro-controller Market, by Product types (Passenger Cars (PC), Commercial Vehicles (CV)), by Bit Size (8-bit Microcontrollers, 16-Bit Microcontrollers, 32-Bit Microcontrollers) by Technology (Adaptive Cruise Control, Park Assist System,

01-05-2021 08:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: i2iresearch.com

Automotive Micro-controller Market

Automotive Micro-controller Market

Global Automotive Micro-controller Market was valued at US$ 9626.98 million in 2019 and is projected to reach US$ 16814.69 million by 2025, at a CAGR of 8.3 percentage during the forecast period. The increased adoption of automation has created a huge demand for microcontrollers which are responsible for automatic operation of features associated with vehicles. Automatic operations such as keeping exhaust system low, fuel consumption low, and distribution of power to different components in the automobiles is carried out through microcontrollers. Growing electrification of automobiles, along with several rules and regulations toward automotive safety and security adopted by different governments across the globe is expected to further boost the growth of the automotive microcontroller market during the forecast period.

Wide range of applications are served by the advanced semiconductors thereby boosting the automotive microcontrollers industry. Collision warning, telematics, navigation, engine control, tire pressure warning, ADAS, are among the key applications that are driving the growth of the market. Growth of autonomous vehicles market will further support the growth of automotive microcontrollers market in the coming years.

Deep analysis about Automotive Micro-controller market status (2016-2019), competition pattern, advantages and disadvantages of products, industry development trends (2019-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to downstream buyers of this industry have been analysed scientifically. This report will help you to establish comprehensive overview of the Automotive Micro-controller Market

Report Link
For more details on “Automotive Micro-controller” Market Report: https://i2iresearch.com/report/global-automotive-micro-controller-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Automotive Micro-controller market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.

There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Automotive Micro-controller market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the Automotive Micro-controller Market Report: https://i2iresearch.com/download-sample/?id=6451

Key Segmentations in this report
Global Automotive Micro-controller Market, by Players
• Toshiba Corp
• Infineon Technologies AG
• NXP Semiconductors
• ON Semiconductor
• Analog Devices Inc.

By Bit Size:
• 8-bit Microcontrollers
• 16-Bit Microcontrollers
• 32-Bit Microcontrollers

By Technology:
• Adaptive Cruise Control
• Park Assist System
• Blind Spot Detection
• Tire Pressure Monitoring System

Global Automotive Micro-controller Market, By Product Types
• Passenger Cars (PC)
• Commercial Vehicles (CV)

Global Automotive Micro-controller Market, By Application
• Powertrain and Chassis
• Body Electronics
• Safety and Security Systems
• Infotainment and Telematics

For a detailed table of content of the Automotive Micro-controller Market Report: https://i2iresearch.com/report/global-automotive-micro-controller-market-2020-market-size-share-growth-trends-forecast-2025/

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