Press release
Automotive Microcontrollers Market Report: Key Trends, Applications, Size, Share And Forecast To 2033
Automotive Microcontrollers Market
The automotive microcontrollers market size is expected to see strong growth in the next few years. It will grow to $23.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to growing demand for driverless vehicles, increasing demand for commercial vehicles, increasing automotive sector and supportive government regulations and rising demand for electric vehicles. Major trends in the forecast period include focus on technological advancement, focus on strategic partnerships, focus on product innovations, focus on use of microcontrollers in electric vehicles and focus on adoption of microchips that improve flexibility of vehicles in crucial situations.
Market Overview -
Automotive microcontrollers refer to self-contained systems consisting of processors, memory, and peripherals, and are used as embedded systems. The system uses an integrated chip that is used to control the functions in automobiles. Microcontrollers are used in a system that is small and consists of the least number of components. The systems used in automobiles are remote control systems, operating systems, and automobile audio systems.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5781&type=smp
Surging Demand For Driverless Vehicles Boosts Automotive Microcontrollers Market
Growing demand for driverless vehicles is contributing to the growth of the automotive microcontrollers market. An autonomous vehicle can operate itself and perform necessary functions without human intervention. An autonomous vehicle utilizes a fully automated driving system to allow the vehicle to respond to external conditions. Multicore microcontroller families support autonomous driving applications. For instance, according to Hindu Business Line data 2021, autonomous driving is increasingly gaining popularity as 3.5 million passenger cars sold worldwide had level 2 autonomy driving features in Q4 2020, growing 91% year-on-year. Growing demand for driverless vehicles will drive the automotive microcontrollers market.
Competitive Landscape -
Major companies operating in the automotive microcontrollers market report are STMicroelectronics N.V., Infineon Technologies AG, Renesas Electronics Corporation, Microchip Technology Inc., NXP Semiconductors N.V., Texas Instruments Incorporated, Toshiba Corporation, ROHM Semiconductor, Analog Devices Inc., ON Semiconductor, Cypress Semiconductor Corp, ARM LTD, Fujitsu Limited, Panasonic Corporation, Saankhya Labs, ASM Technologies, Broadcom Inc, CDIL, MosChip Semiconductor Technologies, HiSilicon, Will Semiconductor, Zhixin Semiconductor, Wingtech, UNISOC, Sanechips, YTMC, GigaDevice, CR Micro, Silan, Dialog Semiconductor Plc, Elmos Semiconductor and Arm, Maxim Integrated, Nuvoton Technology Corporation, Mitscholl electronics co. llc
Innovation Drives Growth As Automotive Microcontrollers Market Sees Product Advancements
Product innovation is a key trend gaining popularity in the automotive microcontrollers market. Major companies operating in the automotive microcontrollers market are focused on developing new technological solutions to strengthen their position in the market. For instance, in February 2022, STMicroelectronics, a Geneva-based Franco-Italian multinational electronics and semiconductor manufacturer launched new automotive microcontrollers (MCUs) designed for centralized (domain and zonal) electronic architectures and electric vehicles (EVs). They make EVs more accessible and allow for a longer range and quick charging.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/automotive-microcontrollers-global-market-report
Key Segments -
The automotive microcontrollers market covered in this report is segmented -
1) By Type: 8 Bit, 16 Bit, 32 Bit
2) By Vehicle Type: Passenger ICE Vehicle, Commercial ICE Vehicle, Electric Vehicle
3) By Connectivity: Vehicle To Vehicle (V2V) Connectivity, Vehicle To Infrastructure (V2I) Connectivity, Vehicle To Cloud (V2C) Connectivity
4) By Technology: Adaptive Cruise Control, Park Assist System, Blind Spot Detection, Tire Pressure Monitoring System
5) By Application Type: Powertrain and Chassis, Body Electronics, Safety And Security Systems, Infotainment And Telematics
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Microcontrollers Market Report: Key Trends, Applications, Size, Share And Forecast To 2033 here
News-ID: 3463074 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Micro
Micro and Ultra-Micro Balances Market Size Report 2025
"Global Micro and Ultra-Micro Balances Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the Micro and Ultra-Micro Balances market, including Micro and Ultra-Micro Balances market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings,…
Micro Mobility Revolution: Exploring the Growing Micro Cars Market
The term micro car is used for small-sized and lightweight cars, with an engine small than 700 cc. Bubble cars, cycle cars and quadricycles are defined as micro cars. This is usually three-wheeled and four-wheeled vehicle, available for personal and commercial usage. It is often used as a second or commuter car due to its low cost and fuel efficiency. This car is suitable for urban and suburban environment, as…
Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research the "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether Ether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021.
Micro injection molded plastics are made of micro…
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,…
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the…
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108038
The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing…
