Automotive Microcontrollers market is estimated to be USD 989.2 million in 2017 and is projected to reach USD 1,886.4 million by 2022, at a CAGR of 13.78%.
Study on Automotive Microcontrollers Market highlights key players such as Analog Devices Inc. (U.S.), Cypress Semiconductor Corp. (U.S.), Infineon Technologies AG (Germany), Maxim Integrated (U.S.), Microchip Technology (U.S.), NXP Semiconductors (Netherlands), ON Semiconductor (U.S.), Renesas Electronics (Japan), Rohm Semiconductor (Japan), STMicroelectronics (Switzerland), Texas Instruments Inc. (U.S.), Toshiba Corporation (Japan).
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The growing electrification of the drive train is expected to increase the use of microcontrollers in automobiles to a large extent in the near future. The automotive microcontrollers market has shown steady growth in developing countries such as India, China, and the Middle East.
However, the demand for expensive 32-bit multi-core microcontrollers in safety and security systems can restrain the growth of the market in developing countries such as India, Russia, Brazil, and South Korea.
The safety and security application has the largest market share of the automotive microcontrollers market due to the wide range of advanced features such as advanced driver assistance system (ADAS), airbag system, and anti-lock brake system. The increased installation rate of high-end electronics in passenger cars increases the complexity in the microcontrollers operation for the system.
This factor increases the cost of components used in safety and security application, which is responsible for the largest share of automotive microcontrollers.
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Key Points From Table Of Content:
6 Automotive Microcontrollers Market, By Technology Type
6.1.1 Adaptive Cruise Control
6.1.2 Park Assist
6.1.3 Blind Spot Detection
6.1.4 Tire-Pressure Monitoring System
7 Automotive Microcontrollers Market, By Connectivity Type
7.1.1 Vehicle to Vehicle
7.1.2 Vehicle to Infrastructure
7.1.3 Vehicle to Cloud
7.2 Automotive Microcontrollers Market, By Bit Size Type
7.2.4 32-Bit With Fusion Box
8 Automotive Microcontrollers Market, By Vehicle Type
8.2 Passenger Cars
8.3 Commercial Vehicle
9 Automotive Microcontrollers Market, By Electric Vehicle
10 Automotive Microcontrollers Market, By Application
10.1.1 Infotainment and Telematics
10.1.2 Body Electronics (Hvac, Headlamps,Advanced Instrument Cluster)
10.1.3 Powertrain and Chassis Control(Automatic Transmission, Power Steering, Active Suspension)
10.1.4 Safety and Security (ADAS, Anti-Lock Braking System, Airbags)
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The report segments the automotive microcontrollers market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, Latin America, and RoW),application (Powertrain and Chassis, Body Electronics, Safety and Security, Infotainment, and Telematics), electric vehicle type (BEV,HEV, PHEV, and FCEV),vehicle type (passenger cars and commercial vehicles), technology (Adaptive Cruise Control, Park Assist, Blind Spot Detection, and Tire Pressure Monitoring System), connectivity (Vehicle to Vehicle, Vehicle to Infrastructure, and Vehicle to Cloud), andbit size (8-bit, 16-bit, and 32-bit).
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the global automotive microcontrollers market. Apart from analyzing the quantitative aspects, the report also covers qualitative aspects such as Porter’s five forces analysis for the global automotive microcontrollers market.
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