June 11, 2019: A microcontroller is a small computer on a single integrated circuit. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Microcontroller Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

In this report, the global Microcontroller market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.

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The report firstly introduced the Microcontroller basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The major players profiled in this report include:

•           Renesas Electronic Corporation

•           Microchip Technology Inc.

•           NXP Semiconductor N.V.

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•           Texas Instrument Incorporated

•           STMicroelectronics

•           Infineon Technologies AG

•           Fujitsu Semiconductor Limited

•           Cypress Semiconductor Corporation

•           ARM Ltd.

•           Panasonic Corporation

The end users/applications and product categories analysis:

On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-

•           8-bit

•           16-bit

•           32-bit

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Microcontroller for each application, including-

•           Industrial

•           Consumer Goods

•           Automotive

•           Communication

•           Computers

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A microcontroller (MCU) is a semiconductor IC used in numerous embedded applications. A typical MCU chip includes core, processer memory and programmable output/input peripherals. Microcontrollers are cheaper and smaller than microprocessors, which makes it to control numerous devices and processes digitally. They are used mainly in devices that need a significant degree of control which are utilized by the user. Growing automotive industry is anticipated to be a major driver for the market over the next five years. In addition, high degree of rivalry in the industry has resulted in price cuts, which is anticipated to further fuel the market growth. Industrial segment is also a key contributor to the overall market. There is an increasing need for agility and flexibility in the industrial ecosystem due to declining product life-cycles. Increased innovative technical developments in consumer electronics is expected to provide positive avenues to market growth over the forecast period. 

MCUs are included in several consumer electronics devices, which are projected to augment the MCU market growth. Increasing demand for devices which are compatible with Ethernet and Internet of Things (IoT) is also expected to provide positive avenues to market growth over the foreseeable period. Growing demand for microcontroller chips blended with wireless interface such as NFC, ZigBee and Bluetooth is also anticipated to drive the market growth. Furthermore, unfavorable macroeconomic conditions and moderately fragmented nature of the industry are estimated to slow down the market growth over the next five years. The global market was anticipated to be 17,393.64 million units in 2013, and is estimated to reach 39,108.54 million units by 2020, increasing at a CAGR of 12.34% from 2014 to 2020. On the basis of revenue, the market was esteemed at USD 16,697.19 million in 2013 and is estimated to reach USD 26,984.81 million by 2020, rising at a CAGR of 7.3% from 2014 to 2020.

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Product Insights

Based on the thickness and width of the internal bus, microcontrollers are classified into 16-bit, 32-bit, and 4/8-bit. 32-bit MCU segment is ruled the market and accounted over 32% of the total market revenue in 2013. The 32-bit microcontroller segment is also estimated to grow at a fast pace over the forecasted period. Increasing popularity due to decrease in unit prices is estimated to drive 32-bit MCU market. The 16-bit MCU product was the second major product segment covered over 28% of the overall market revenue in 2013. They are used in various applications requiring greater power and faster processing speed requirements such as factory automation, medical applications, automotive, refrigeration, and air conditioning among others.

Application Insights

Application segments include consumer electronics, automotive, industrial and other applications such as communications and computers. Automotive is the leading application segment and valued for 31% of market volume in 2013 and is also estimated to be the fastest growing application segment over the foreseeable period. MCUs are used to attain fuel efficiency and emission control in hybrid electric vehicles. These vehicles offer an excess of environmental benefits and are gaining reputation, as a result boosting the demand for microcontrollers market. The industrial segment is the second major sector followed by automotive segment in terms of revenue share in 2013. In this industrial sector, microcontrollers allow feedback control mechanisms and industrial automation to shore up advanced sensors.

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Regional Insights

Asia Pacific was the largest market in 2013 and covered over 35% of the market on basis of revenue as well as volume. It is also estimated to show the maximum growth rate of 7.88% from 2014 to 2020. This can be credited to growing demand for consumer electronics and automobiles in this region. Outsourcing within this industry has also risen in the Asia Pacific market, which results in decreasing price of 32-bit and 16-bit chips.

Competitive Insights

Some key players operating in the global market include Microchip Technology Inc., Renesas Electronics Corporation, Texas Instruments, Dallas Semiconductor, Atmel Corp., Freescale Semiconductor, National Semiconductor, Fujitsu Semiconductor, STMicroelectronics, Samsung Semiconductor, Infineon Technologies, ZiLog, Silicon Labs, Fairchild Semiconductor, Analog Devices, and Intel Corp. among others.

Table of Contents

Chapter 1. Executive Summary

1.1. Microcontroller - Industry Summary and Critical Success Factors (CSFs)

Chapter 2. Microcontroller Industry Outlook

2.1. Market Segmentation

2.2. Market Size and Growth Prospects

2.3. Microcontroller Value Chain Analysis

2.4. Microcontroller Market Dynamics

2.4.1. Market Driver Analysis

2.4.1.1. Growth in key application areas

2.4.1.2. Emergence of Internet of Things (IoT)

2.4.1.3. Proliferation of microcontroller chips integrated with wireless interface

2.4.2. Market Restraint Analysis

2.4.2.1. Macroeconomic factors

2.5. Key Opportunities Prioritized

2.6. Industry Analysis - Porter's

2.7. Microcontroller - Company Market Share Analysis, 2013

2.8. Microcontroller Market PESTEL Analysis, 2013

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The global microcontroller market is expected to reach USD 26.98 billion by 2020, according to a new study by Grand View Research, Inc. Advancement in Internet of Thing (IoT) applications in order to build smart devices is expected to drive the industry demand over the next six years. Surging demand for automation across several end-use industries including industrial, automotive and consumer electronics is anticipated to further catapult MCU demand. Growing adoption of connected cars in several developing regions such as Asia Pacific may positively impact MCU market growth

Development several wireless communication products such as Near Field Communication (NFC), Bluetooth, and ZigBee constitute MCUs. Large scale migration from conventional to smart grid and better regulatory scenario in order to produce energy efficient electricity is expected to boost industry demand over the forecast period. This is also anticipated to be a key growth opportunity for industry participants.

View summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/microcontroller-market

Further key findings from the study suggest:

32-bit microcontroller market is anticipated to dominate demand with over 34% share in 2013; the segment is further expected to exhibit substantial growth in terms of revenue over the next six years. 32-bit microcontroller provides high performance, greater on-chip memory, and peripheral integration as well as communication interface. Increasing regulations and standards for emissions may further positively impact segment growth.

Automotive segment accounted for more than 30% of the share in 2013, and is expected to dominate the MCU industry over the next six years. This can be attributed to the growing adoption of hybrid and electric vehicle and growing need for energy efficient design in countries with stringent emission laws.

Consumer electronics is expected to exhibit substantial growth and occupy sizable market share over the next few years. Smartphone proliferation is expected to be the key driver for industry growth. Surge in adoption of smart and connected devices for better and healthy living may further increase demand over the forecast period.

Asia Pacific is expected to dominate MCU industry over the next six year. The region is also anticipated to witness substantial growth. It accounted for over 35% of the market volume in 2013. Industrialization in China and India is expected to be the key contributing factor for this growth. Smartphone proliferation and growing development of smart and connected cities is expected to further catalyze regional growth.

Prominent industry participants include STMicroelectronics, Renesas Electronics Corporation, Microchip Technology, Inc., Infineon Technologies, Fujitsu Semiconductor, Freescale Semiconductor, and Atmel Corporation.