Dublin, Dec. 12, 2018 (GLOBE NEWSWIRE) -- The "Global Microcontroller Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The microcontroller market is projected to register a CAGR of almost 7% by 2023.
The use of microcontrollers for edge computing purposes will increase with the rising deployment of edge computing in IoT networks. The processing and memory capabilities of microcontrollers improves the functioning of IoT networks. Processing operations are performed near the source of data generation in cloud computing.
The introduction of off the cloud machine learning have further increased the deployment of edge computing. The low cost of microcontrollers helps in deploying trained networks onto test applications. Hence, the development of edge computing will boost the growth of the microcontrollers market.
Increasing use of microcontrollers in automobiles
Microcontrollers enable efficient functioning of automobiles by controlling various ECU functions such as headlights, taillights, power windows, and braking systems. Several advanced features such as heads up display, advanced driver assistance systems (ADAS), and movie and sound systems are being added to automobiles. These features will require microcontrollers and MPUs for their efficient operation.
Moreover, various companies are investing in the development of autonomous cars. This will further boost the demand for microcontrollers in automobiles. Thus, the increasing use of microcontrollers in automobiles will drive the growth of the market during the forecast period.
Manufacturing challenge
The design and production phases of microcontroller manufacturing is getting more complex and critical due to the integration of complex devices, peripherals, and components. Vendors need to be extra careful during microcontroller manufacturing process to prevent bugs and fixing issues.
Due to this, production and profitability can be affected since defects found at the verification stage can be costlier than defects found at the designing stage. Large quantities of end-products can be affected due to defects in microcontroller manufacturing which, in turn, hampers the growth of microcontrollers market.
Key Players
- Infineon Technologies
- Microchip Technology
- NXP Semiconductors
- Renesas Electronics
- STMicroelectronics
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- 32-bit microcontrollers - Market size and forecast 2018-2023
- 8-bit microcontrollers - Market size and forecast 2018-2023
- 16-bit microcontrollers - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Automotive - Market size and forecast 2018-2023
- Consumer devices - Market size and forecast 2018-2023
- Industrial - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Development of edge computing
- Adoption of external flash memory for microcontrollers
- Growing implementation of automation technologies across the industries and the emergence of Industry 4.0
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Infineon Technologies
- Microchip Technology
- NXP Semiconductors
- Renesas Electronics
- STMicroelectronics
For more information about this report visit https://www.researchandmarkets.com/research/nrbmz8/microcontrollers?w=12
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