Microcontroller Market Size & Share Report, 2022-2030

The global microcontroller market size was valued at USD 17.5 billion in 2020, and is predicted to be worth around USD 40.6 billion by 2030, registering a CAGR of 9.7% during the forecast period 2022 to 2030.

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Growth Factors

Globally, more than 27 billion units of microcontrollers were shipped in 2021. The market growth is attributed to the increasing focus on automation and artificial intelligence across various verticals such as automotive and industrial. Increasing demand for embedded control systems in multifunctional devices such as vehicles, robots, medical devices, mobile radio, and residential appliances is also playing a principal role in the growth of the market.

The rising need for agility and flexibility in the industrial ecosystem due to the reducing product lifecycles is expected to spur growth further. The consumer electronics segment has witnessed significant growth owing to innovative technological developments such as wireless sensing and connectivity, automation, along with the emergence of IoT ecosystems in homes.

The increased demand for devices supporting Ethernet and the Internet of Things (IoT) is also expected to favorably impact the demand for microcontrollers over the forecast period. The demand for microcontroller chips integrated with wireless interfaces, such as ZigBee, microcontrollers, and Bluetooth, has witnessed a considerable rise. Furthermore, the rising need for wireless sensor-based networks for the controlling and monitoring of systems has enhanced the interest of companies in implementing a combination of low-cost systems.

Report Coverage

Report Scope Details
Market Size US$ 40.6 billion by 2030
Growth Rate CAGR of 9.7% From 2022 to 2030
Largest Market Asia Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Product, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Infineon Technologies AG; Microchip Technology Inc.; NXP Semiconductor; Renesas Electronics Corporation; STMicroelectronics; Texas Instruments Incorporated

By Product Analysis

In terms of revenue, the 32-bit segment dominated the market with a share of over 40.0% in 2021. This large share is attributed to the increasing use of these MCUs for automotive applications and rapidly decreasing average selling prices.

The 32-bit technology simplifies the product design and lowers the material costs, and it has 32 pathways in parallel for data transmission. The developers select the controllers based on the processing capability required, the degree of interfacing needed, and power consumption.

The automotive industry, owing to its specific requirements for the technologies, uses 16-bit and 32-bit microcontrollers on a large scale. The 32-bit segment is expected to expand at the highest CAGR from 2022 to 2030.

32-bit MCUs have a higher processing power than their counterparts and consume less power. Furthermore, the increasing popularity of 32-bit MCUs owing to the decreasing unit price is expected to drive the segment further. 8-bit MCU is expected to witness slower growth in the years to come owing to processing speed, which generally runs at 8 MHz and does not have substantial internal Random-Access Memory (RAM).

By Application Analysis

The consumer electronics and telecom application segment held the largest revenue share of over 45.0% in 2021 and is expected to register the fastest CAGR from 2022 to 2030. This segment is driven by the miniaturization of consumer devices and the increasing adoption of consumer electronic products such as cameras, televisions, washing machines, and microwave ovens.

The automotive segment is expected to witness significant growth over the forecast period. This is attributed to the increasing demand for microcontrollers for enhanced car safety features, convenience functions, entertainment systems, and government edicts on emission control.

By Regional Analysis

The Asia Pacific regional market held the largest revenue share of over 40.0% in 2021. It is also expected to expand at the fastest CAGR from 2022 to 2030. The proliferation of start-up business ventures in developing economies such as India that offer the essential microcontrollers service, along with the innovative add-on services and products such as insurance, GPS navigation, and entertainment systems, is contributing to the regional market growth.

North America held the second-largest revenue share in 2021. This is attributed to the prevailing large consumer base for tablets, smartphones, and other consumer electronics in the region.

The market in Europe is primarily driven by the presence of the major automotive and equipment manufacturers in the country. Luxury car manufacturers such as BMW, Mercedes-Benz, and Porsche have their manufacturing plants in Europe, which drives the demand for microcontrollers for the automotive application.

Key Players

  • Infineon Technologies AG
  • Microchip Technology Inc.
  • NXP Semiconductor
  • Renesas Electronics Corporation
  • STMicroelectronics
  • Texas Instruments Incorporated

Market Segmentation

  • By Product
    • 8-bit
    • 16-bit
    • 32-bit
  • By Application
    • Automotive
    • Consumer Electronics & Telecom
    • Industrial
    • Medical Devices
    • Aerospace & Defense
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • South America
      • Brazil
    • Middle East & Africa (MEA)

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Microcontroller Market, By Product

7.1.  Microcontroller Market, by Product, 2021-2030

7.1.1.    8-bit

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    16-bit

7.1.2.1.        Market Revenue and Forecast (2019-2030)

7.1.3.    32-bit

7.1.3.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Microcontroller Market, By Application

8.1.  Microcontroller Market, by Application, 2021-2030

8.1.1.    Automotive

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    Consumer Electronics & Telecom

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Industrial

8.1.3.1.        Market Revenue and Forecast (2019-2030)

8.1.4.    Medical Devices

8.1.4.1.        Market Revenue and Forecast (2019-2030)

8.1.5.    Aerospace & Defense

8.1.5.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Microcontroller Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2019-2030)

9.1.2.    Market Revenue and Forecast, by Application (2019-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2019-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2019-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2019-2030)

9.2.2.    Market Revenue and Forecast, by Application (2019-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2019-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2019-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2019-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2019-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2019-2030)

9.3.2.    Market Revenue and Forecast, by Application (2019-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2019-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2019-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2019-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2019-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2019-2030)

9.4.2.    Market Revenue and Forecast, by Application (2019-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2019-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2019-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2019-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2019-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2019-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2019-2030)

9.5.2.    Market Revenue and Forecast, by Application (2019-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2019-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2019-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2019-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2019-2030)

Chapter 10.  Company Profiles

10.1.              Infineon Technologies AG

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Microchip Technology Inc.

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              NXP Semiconductor

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Renesas Electronics Corporation

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              STMicroelectronics

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Texas Instruments Incorporated

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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