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Global microcontroller market forecast to 2021 available in new report

Industrial Market Research

One trend in market is growing adoption of connected cars. Due to the increasing adoption of connected cars, their demand is expected to rise during the forecast period.

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Industry Research Report – Global Microcontroller Market 2017-2021

The Following Companies As The Key Players In The Global Microcontroller Market: Cypress Semiconductor, Infineon Technologies, Microchip Technology, NXP Semiconductors, Renesas Electronics, STMicroelectronics, and Texas Instruments.

Other Prominent Vendors in the market are: Analog Devices, ARM, Holtek Semiconductor, LAPIS Semiconductor, Maxim Integrated, Panasonic, Silicon Laboratories, and Zilog.

Commenting on the report: “One trend in market is growing adoption of connected cars. Due to the increasing adoption of connected cars, their demand is expected to rise during the forecast period.

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Connected cars will have to support the highest level of security. Automotive MCUs, with their unique combination of connectivity, performance, security, and scalability, enable car manufacturers and their subsystem suppliers to decide new standards in ensuring a greener, safer, and more enjoyable driving experience.”

According to the report, one driver in market is growing demand for mobile computing devices. The consumer electronics market is driven by smartphones, tablets, notebooks, wearable devices.

While the smartphone dominates the consumer electronics market, wearables observed a rapid growth in 2016. With the growing adoption of the wearable technology, a broader range of products is being developed.

Consumers are looking for more sophisticated gadgets, and the growth of the connected world is driving the acceptance of portable and wearable electronics. Internet-enabled smartphones can be used for multiple purposes like reading the news, surfing the web, accessing social networking apps, and checking mail.

The global smartphone market is expected to grow at a CAGR of 4.11% during the forecast period. The growth in the smartphone market will also propel the growth of the global microcontroller market.

Get a PDF Sample of Global Microcontroller Market Report at:

Further, the report states that one challenges in market is high price of testing microcontroller. Consumer device applications are very price sensitive.

Therefore, these devices are fabricated using older lithography nodes and are tested in parallel at high site counts. Leading-edge devices such as many having 32-bit MCUs contain embedded flash memory and need newer lithography nodes to achieve the required performance at an optimal cost.

The device quality is crucial when applied to the automotive market segment.A key constituent to the cost of a test of MCUs is equipment utilization. There is a broad mix of device types and test insertions on a production floor.

Thus, the automated test equipment power supply requires being flexible enough to support many outputs, a wide range of voltages, and varied maximum current capability.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

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