Microcontrollers Market 2018 Expected to Reach $15.8 Globally by 2025

Global Microcontrollers Market Insights, Forecast to 2025
The major factors driving the growth of the automotive microcontrollers market are the increasing installations of advanced driver assistance systems, stringent automotive safety and security norms introduced by the government, and rising preference of vehicle electrification among OEMs and Tier I suppliers.
Safety and Security application holds the largest market share in 2017
With the modernization of vehicles, the number of microcontrollers employed in a vehicle has increased. The microcontrollers driven operations include advanced driver assistance system, airbags, anti-lock brake system, and others, which constitute the major components of safety and security application.
The automotive microcontrollers market for safety and security system is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing installation of safety features and ongoing legal mandates pertaining to this application.
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Top Leading Companies for Microcontrollers Market
STC
Microchip
Phlipis
Sonix
Samsung
SST
Motorola
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Microcontrollers Market, by Types:
General Type, Bus-type, Control Type
Microcontrollers Market, by Applications:
Intelligent Instruments, Industrial Control, Network and Communication, Equipment Field, Automotive Electronics, Others
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Microcontrollers Market contains 113 pages.
Key Highlights of the Microcontrollers Market:
• A Clear understanding of the Microcontrollers market based on growth, constraints, opportunities, feasibility study.
• Concise Microcontrollers Market study based on major geographical regions.
• Analysis of evolving market segments as well as a complete study of existing Microcontrollers market segments.
Passenger Cars– Largest share of automotive microcontrollers market in 2018
Growing complexity in vehicle electronics, coupled with increasingly stringent emission norms have contributed to the growth of the global automotive microcontrollers market for passenger cars during the forecast period. The passenger car segment is estimated to hold the largest share of the automotive microcontrollers market due to the increasing installation of safety features. Also, safety mandates and regulations across developed nations have incentivized the OEMs to manufacture passenger cars that feature advanced technologies. These factors have boosted the microcontrollers market for passenger cars across the globe.
Research Methodology for Global Microcontrollers
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

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