The future of the global automotive microcontroller market looks promising with opportunities in the body electronic, chassis & powertrain, infotainment & telematic, and safety & security segment applications. The global automotive microcontroller market is expected to reach an estimated $9.9 billion by 2028 with a CAGR of 7.2% from 2023 to 2028. The major drivers for this market are high demand for safety features in vehicles and an increase in demand for capacitive touch sensing button sliders and wheels.
Hybrid electric vehicles (HEV) are expected to remain the largest electric vehicle segment due to the increasing production of HEVs across the globe.
APAC will remain the largest region due to significant growth in automotive production and increasing demand for vehicles equipped with advanced body electronics and safety features in countries, like South Korea and Japan.
Answer: The global automotive microcontroller market is expected to reach an estimated $9.9 billion by 2028.
Q2. What is the growth forecast for automotive microcontroller market?
Answer: The global automotive microcontroller market is expected to grow with a CAGR of 7.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive microcontroller market?
Answer: The major drivers for this market are high demand for safety features in vehicles and an increase in demand for capacitive touch sensing button sliders and wheels.
Q4. What are the major segments for automotive microcontroller market?
Answer: The future of the automotive microcontroller market looks promising with opportunities in body electronic, chassis & powertrain, infotainment & telematic, and safety & security segment applications.
Q5. Who are the key automotive microcontroller companies?
Answer: Some of the key automotive microcontroller companies are as follows:
Answer: The analyst forecasts that 32-bit microcontroller will remain the largest bit size segment over the forecast period due to the increasing usage of this microcontroller in all the major applications of vehicles, like gearbox and central control units.
Q7. In automotive microcontroller market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to significant growth in the automotive production and increasing demand for vehicles equipped with advanced body electronics and safety features in countries, like South Korea and Japan.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
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Automotive Microcontroller Market by Segment
The study includes trends and forecast for the global automotive microcontroller market by electric vehicle, bit size, technology, application, and region, as follows:Automotive Microcontroller Market by Electric Vehicle [Value ($B) Shipment Analysis from 2017 to 2028]:
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicles
- Hybrid Electric Vehicles
Automotive Microcontroller Market by Bit Size [Value ($B) Shipment Analysis from 2017 to 2028]:
- 8-Bit Microcontrollers
- 16-Bit Microcontrollers
- 32-Bit Microcontrollers
Automotive Microcontroller Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:
- Adaptive Cruise Control
- Park Assist System
- Blind Spot Detection
- Tire Pressure Monitoring System
Automotive Microcontroller Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Body Electronics
- Chassis and Powertrain
- Infotainment and Telematics
- Safety and Security Systems
Automotive Microcontroller Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive Microcontroller Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, automotive microcontroller companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive microcontroller companies profiled in this report include-- Toshiba
- Infineon
- NXP Semiconductors
- ON Semiconductor
- Analog Devices
Automotive Microcontroller Market Insights
The analyst forecasts that 32-bit microcontrollers will remain the largest bit size segment over the forecast period due to the increasing usage of this microcontroller in all the major applications of vehicles, like gearbox and central control units.Hybrid electric vehicles (HEV) are expected to remain the largest electric vehicle segment due to the increasing production of HEVs across the globe.
APAC will remain the largest region due to significant growth in automotive production and increasing demand for vehicles equipped with advanced body electronics and safety features in countries, like South Korea and Japan.
Features of the Automotive Microcontroller Market
- Market Size Estimates: Automotive microcontroller market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Automotive microcontroller market size by various segments, such as by electric vehicle, bit size, technology, application, and region
- Regional Analysis: Automotive microcontroller market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different electric vehicles, bit sizes, technology, applications, and regions for the automotive microcontroller market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automotive microcontroller market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the automotive microcontroller market size?Answer: The global automotive microcontroller market is expected to reach an estimated $9.9 billion by 2028.
Q2. What is the growth forecast for automotive microcontroller market?
Answer: The global automotive microcontroller market is expected to grow with a CAGR of 7.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automotive microcontroller market?
Answer: The major drivers for this market are high demand for safety features in vehicles and an increase in demand for capacitive touch sensing button sliders and wheels.
Q4. What are the major segments for automotive microcontroller market?
Answer: The future of the automotive microcontroller market looks promising with opportunities in body electronic, chassis & powertrain, infotainment & telematic, and safety & security segment applications.
Q5. Who are the key automotive microcontroller companies?
Answer: Some of the key automotive microcontroller companies are as follows:
- Toshiba
- Infineon
- NXP Semiconductors
- ON Semiconductor
- Analog Devices
Answer: The analyst forecasts that 32-bit microcontroller will remain the largest bit size segment over the forecast period due to the increasing usage of this microcontroller in all the major applications of vehicles, like gearbox and central control units.
Q7. In automotive microcontroller market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to significant growth in the automotive production and increasing demand for vehicles equipped with advanced body electronics and safety features in countries, like South Korea and Japan.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q1. What are some of the most promising, high-growth opportunities for the automotive microcontroller market by electric vehicle (battery electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles), bit size (8-bit microcontrollers, 16-bit microcontrollers, and 32-bit microcontrollers), technology (adaptive cruise control, park assist system, blind spot detection, and tire pressure monitoring system), application (body electronics, chassis & powertrain, infotainment & telematics, and safety & security segments), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary2. Global Automotive Microcontroller Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Automotive Microcontroller Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Automotive Microcontroller Market by Electric Vehicle
3.3.1: Battery Electric Vehicles
3.3.2: Plug-in Hybrid Electric Vehicles
3.3.3: Hybrid Electric Vehicles
3.4: Global Automotive Microcontroller Market by Bit Size
3.4.1: 8-Bit Microcontrollers
3.4.2: 16-Bit Microcontrollers
3.4.3: 32-Bit Microcontrollers
3.5: Global Automotive Microcontroller Market by Technology
3.5.1: Adaptive Cruise Control
3.5.2: Park Assist System
3.5.3: Blind Spot Detection
3.5.4: Tire Pressure Monitoring System
3.6: Global Automotive Microcontroller Market by Application
3.6.1: Body Electronics
3.6.2: Chassis and Powertrain
3.6.3: Infotainment and Telematics
3.6.4: Safety and Security System
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Automotive Microcontroller Market by Region
4.2: North American Automotive Microcontroller Market
4.2.1: North American Automotive Microcontroller Market by Bit Size: 8-Bit Microcontrollers, 16-Bit Microcontrollers, and 32-Bit Microcontrollers
4.2.2: North American Automotive Microcontroller Market by Application: Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and Safety & Security
4.3: European Automotive Microcontroller Market
4.3.1: European Automotive Microcontroller Market by Bit Size: 8-Bit Microcontrollers, 16-Bit Microcontrollers, and 32-Bit Microcontrollers
4.3.2: European Automotive Microcontroller Market by Application: Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and Safety & Security
4.4: APAC Automotive Microcontroller Market
4.4.1: APAC Automotive Microcontroller Market by Bit Size: 8-Bit Microcontrollers, 16-Bit Microcontrollers, and 32-Bit Microcontrollers
4.4.2: APAC Automotive Microcontroller Market by Application: Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and Safety & Security
4.5: ROW Automotive Microcontroller Market
4.5.1: ROW Automotive Microcontroller Market by Bit Size: 8-Bit Microcontrollers, 16-Bit Microcontrollers, and 32-Bit Microcontrollers
4.5.2: ROW Automotive Microcontroller Market by Application: Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and Safety & Security
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Microcontroller Market by Electric Vehicle
6.1.2: Growth Opportunities for the Global Automotive Microcontroller Market by Bit Size
6.1.3: Growth Opportunities for the Global Automotive Microcontroller Market by Technology
6.1.4: Growth Opportunities for the Global Automotive Microcontroller Market by Application
6.1.5: Growth Opportunities for the Global Automotive Microcontroller Market by Region
6.2: Emerging Trends in the Global Automotive Microcontroller Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Microcontroller Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Microcontroller Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Toshiba
7.2: Infineon
7.3: NXP Semiconductors
7.4: ON Semiconductor
7.5: Analog Devices
Companies Mentioned
- Toshiba
- Infineon
- NXP Semiconductors
- ON Semiconductor
- Analog Devices
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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