Press release
Microcontroller Market Revenue and Opportunities by 2022 With Key Players - Texas Instruments, Microchip Technology Inc., Silicon Laboratories, Intel Corporation, Renesas Electronics, Maxim Integrated, Fairchild - now part of ON Semiconductor, STMicroelec
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Globally, the automotive industry has been witnessing a period of moderately strong growth as well as profitability. The annual sales have surpassed prerecession levels in some of the economies. Majority of the programmable microcontrollers that are used presently are embedded in other consumer products or machinery including mobile phones, automobiles, household appliances and peripherals for computer systems. Owing to this, a microcontroller is sometimes also coined as embedded controller.
The growing awareness among tech savy consumers is leading to smartphone proliferation across the globe. The sales of smartphone are driven by the demand for low cost smartphones in the developing economies and inexpensive 4G smartphones in emerging markets worldwide. The global smartphone market is increasing at a significant rate, with numbers varying from market-to-market basis. This will propel the demand for microcontrollers in the coming years.
Some of the key companies operating in the global microcontroller market include Texas Instruments Incorporated, Microchip Technology Inc., Silicon Laboratories, Intel Corporation, Renesas Electronics Corporation, Maxim Integrated, Fairchild Semiconductor, STMicroelectronics, Analog Devices Inc. and Samsung Semiconductor.
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GLOBAL MICROCONTROLLER MARKET SEGMENTATION -
By Bit Size
• 4/8-bit
• 16-bit
• 32-bit
By Application
• Consumer Electronics
• Industrial
• Automotive
• Others
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