openPR Logo
Press release

Global Microcontrollers (MCU) Market to Reach US$28.49 bn by 2018, Rising Demand from Automotive Sector Drives Growth

10-06-2016 08:28 PM CET | IT, New Media & Software

Press release from: TMR Research Reports

The rising demand from the automotive industry has been aiding the global microcontrollers (MCUs) market . A considerable number of MCUs are required in an average automobile to make it function effectively. Furthermore, with the integration of novel features such as GPS and keyless entry, an automobile now requires MCUs embedded with their support circuits more than ever. In a report, titled “Microcontrollers (MCU) Market - Global Industry Analysis, Size, Share, Growth and Forecast 2012 - 2018,” Transparency Market Research studies the growth trajectory exhibited by the global market for microcontrollers and presents insights into the factors influencing its growth trends.

Browse the full Global Microcontrollers (MCU) Market by Product (8-bit, 16-bit, 32-bit) - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018 report at http://www.transparencymarketresearch.com/microcontrollers-market.html


According to the report, the global market for MCUs is expected to reach an estimated valuation of US$28.49 bn by 2018, from US$15.7 bn in 2011. If the figures hold true, the global MCU market will exhibit a CAGR of 9.0% between 2011 and 2018. By volume, the market stood at 10.64 billion units in 2011 and is expected to reach 29 billion units by 2018, therefore, exhibiting a robust CAGR of 16.0% from 2012 to 2018.

Microcontrollers are application-specific circuits and are embedded inside the device they control. Hence, these circuits are also referred to as embedded controllers. MCUs include memory devices, a processor, and peripherals. Since, these microcontrollers are integrated inside devices depending on user interaction and requiring real-time control, the market for MCUs gains significant impetus from the increasing popularity of touch sensing technology.

The market for MCUs has been witnessing rising demand ever since the advent of smartphones, phablets, tablets, and other smart gadgets. Additionally, the most widely used consumer electronic products such as microwave ovens, televisions, and washing machines also depend on MCUs for their operation. Despite registering impressive growth over the last few years, the market may face occasional hindrances due to its moderately fragmented nature and the sheer volume of operations carried out by the enterprises vying for a major share of the market. Nevertheless, the increasing demand for advanced healthcare equipment such as portable blood pressure monitors and portable glucometers, which have MCUs embedded in them, will fuel demand from the global microcontrollers market in the near future.

PDF Sample For Full Details with Technological breakthroughs is @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=255

To provide a holistic analysis of the market operations, the report segments the market on the basis of application, product-type, and geography. Based on product type the market has been segmented into 32-bit, 16-bit, and 8-bit. In 2011, the 8-bit MCUs segment dominated the market with a share of 40% in the market. However, during the forecast period, the 32-bit segment is likely to exhibit the fastest CAGR of 16.2%. In terms of application, the market has been segmented into industrial, automotive, consumer goods, communications, and computers. Of these, the automotive segment accounts for more than 32% of the overall demand registered in 2011.

Regionally the global microcontrollers market is spread across Asia Pacific, EMEA (Europe, Middle East and Africa), North America, and Rest of the World. Among these regions Asia Pacific led the global market in 2011, accounting for a share of 35%. Also the regional market is expected to expand at an impressive CAGR of 9.2% between 2012 and 2018.

To provide a comprehensive overview of the prevailing competitive landscape, the report also profiles some of the most prominent companies operating in the market, such as, Renesas Electronics Corporation, Fujitsu, Freescale Semiconductor, Inc, Infineon Technologies, and Texas Instruments.

The report segments the global microcontrollers market as:

Microcontrollers Market, by Product Type:
8-bit
16-bit
32-bit
Microcontroller Market, by Application:
Automotive
Industrial
Consumer Goods
Computer
Communications
Microcontroller Market, by Geography:
North America
EMEA
Asia Pacific
Rest of the World (RoW)

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Global Microcontrollers (MCU) Market to Reach US$28.49 bn by 2018, Rising Demand from Automotive Sector Drives Growth here

News-ID: 370204 • Views: 178

More Releases from TMR Research Reports

Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is

All 5 Releases


More Releases for MCU

General-purpose 32 Bit MCU Market Share 2020-2025
GLOBAL INFO RESEARCHhas recently published a research report titled, [Global and Japan General-purpose 32 Bit MCU Market 2020 by Manufacturers, Type and Application, Forecast to 2025] assessing various factors impacting its trajectory. Analysts have used primary and secondary research methodologies to determine the path of the market. The data includes historic and forecast values for a well-rounded understanding. The global General-purpose 32 Bit MCUmarket is expected to augment in the
32 Bit MCU Market Future Forecast 2020-2025
Global 32 Bit MCUMarket Overview: The latest report on the global 32 Bit MCUmarketsuggests a positive growth rate in the coming years. Analysts have studied the historical data and compared it with the current market scenario to determine the trajectory this market will take in the coming years. The investigative approach taken to understand the various aspects of the market is aimed at giving the readers a holistic view of the
Global Micro Control Unit (MCU) Market Research Report
A microcontroller (MCU for microcontroller unit, or UC for μ-controller) is a small computer on a single integrated circuit. In modern terminology, it is similar to, but less sophisticated than, a system on a chip (SoC); an SoC may include a microcontroller as one of its components. The growth of the internet of things era has instigated an incessant demand for innovative products, which has placed pressure on systems designers
Global Microcontroller Unit (MCU) Market 2018:-Renesas Electronics
"Microcontroller Unit (MCU) Market report highlights the current and future status of market and regional level analysis with the help of industry trends and market performance." A New Busineess Intelligence Microcontroller Unit (MCU) Market report recently Published by MarketNReports focuses only on satisfactory solutions to the users. The Market study includes analysis, forecast and revenue from 2018 to 2025. Global Microcontroller Unit (MCU) Market focuses on the performance of the Microcontroller
Microcontrollers (MCU) Market : Global Industry Analysis and Forecast 2023
This report on Microcontrollers (MCU) Market details about the market size, market growth rate and global forecast for the next five years i.e. 2023. The report is a complete analysis assessing the pricing trends, market consumption and sales forecasts. This study covers the competitive landscape by profiling the major market players. The vital information of the market is collected through authentic sources and reviewed by industry experts. Microcontrollers (MCU) are low
Global Micro Control Unit (MCU) Market Insights, Forecast 2018 - 2025
The new research from Global QYResearch on Global Micro Control Unit (MCU) Market Report for 2018 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of