Press release
Microcontroller Market is Determined to Grow with Immense Rate By 2022 Having Major Players: Texas Instruments, Microchip Technology Inc., Silicon Laboratories, Intel Corporation & Samsung Semiconductor, Inc.
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The rapidly developing automobile industry and surge in the smart grid projects is expected to be one of the primary factors driving the demand for microcontrollers during the forecast period. 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
Microcontrollers have myriad of applications, on account of its premium features. However, there are different types of microcontrollers to meet the requirements of a specific application. Since cost is an important factor while manufacturing, it is only coherent to pick the most economical device that goes with the application’s needs.
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.
The ongoing technological advancements including vehicle connectivity, interactive safety systems and finally self-driving cars will change the global scenario in the near future. The automobiles though mechanical to its soul, will go digital world over the forecast period, thus leveraging the characteristics of microcontroller.
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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.
GLOBAL MICROCONTROLLER MARKET SEGMENTATION
By Bit Size
• 4/8-bit
• 16-bit
• 32-bit
By Application
• Consumer Electronics
• Industrial
• Automotive
• Others
GEOGRAPHICAL SEGMENTATION
By Region
• North America
o U.S.
o Rest of North America
• Latin America
o Brazil
o Rest of Latin America
• Europe
o Germany
o U.K.
o France
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Rest of Asia-Pacific
• Middle East & Africa (MEA)
o U.A.E.
o South Africa
o Rest of MEA
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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