Automotive Microcontroller Market is expected to rise at a moderate CAGR during the forecast period from 2021 to 2027. The growing demand for vehicles, rising per capita income, increasing R&D in automotive sector, and the rising demand for lightweight automotive components are the major factors driving the growth of the automotive microcontroller market. Microcontrollers are commonly referred to as small computers integrated on a chip. It is one of the components of SoC (System on Chip). The microcontroller consists of a CPU, memory configuration, and programmable input/output peripherals. Automotive microcontrollers are used to control automotive functions including automotive airbag systems, remote control systems, and operating systems. It is widely applied in embedded design applications, Internet of Things (IoT) and a variety of applications consisting of discrete chips.
Asia-Pacific is expected to hold a significant share in the growth of the automotive microcontroller market during the forecast period owing to the rising income levels, presence of major industry players along with the rising demands for automotive in the region. The key market players in the automotive microcontrollers market include Cypress Semiconductor Corporation, Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductor N.V., On Semiconductor, Renesas Electronic Corporation, STMicroelectronics, Texas Instrument Incorporated, and Toshiba Corporation among others.
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A full report of Global Automotive Microcontroller Market is available at: https://www.orionmarketreports.com/automotive-microcontrollers-market/52259/
The following Segmentation are covered in this report:
By Application
- Powertrain & Chassis
- Safety & Security
- Body Electronics
- Telematics & Infotainment
By Technology
- Park Assist System
- Blind Spot Detection System
- Adaptive Cruise Control
- Tire Pressure Monitoring System
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- Electric Vehicle
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Microcontroller Market.
- The market share of the global Automotive Microcontroller Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Microcontroller Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Microcontroller Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
