Microelectronics Market, by Software & Algorithm (Behavioral and Proactive), by Product (Lighting Control, Security and Access Control, Entertainment Control, HVAC Control, and Other Controls), by Vertical (Aerospace and Defense, Medical, Construction, Au

Microelectronics Market, by Software & Algorithm (Behavioral and Proactive), by Product (Lighting Control, Security and Access Control, Entertainment Control, HVAC Control, and Other Controls), by Vertical (Aerospace and Defense, Medical, Construction, Automotive, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Microelectronics is used in various industries such as medical, automotive, construction, aerospace, and others for design optimization and miniaturization of electronics to increase capabilities of products without increasing its size. Microelectronics market is segmented on the basis of software & algorithm, product, vertical, and region
Market Dynamics
Growing consumer electronics industry; increasing security concern, owing to the rising number of IoT-based automation systems; increasing adoption of microelectronics devices such as resistors, transistors, capacitors, inductors, diodes, and others in various industries across the globe are the factors, which are expected to propel growth of the global microelectronics market over the forecast period.
Furthermore, companies operating in the market are engaged in product launches, partnerships, mergers, acquisitions, and others, in order to strengthen their market position and enhance their offerings and this is expected to propel growth of the market over the forecast period. There are various market players such as Honeywell International Inc., United Technologies Corporation, Crestron Electronics, Inc., and others, which offer microelectronics products. For instance, Honeywell International Inc., offer various rad-hard sensors & microelectronics components for aerospace sector including application-specific integrated circuits, random access memory, mixed signal devices, magnetic sensors, and pressure sensors.
However, microelectronics devices are susceptible to extensive heat and humidity, and this is expected to hamper growth of the global microelectronics market growth.
Key features of the study:
This report provides in-depth analysis of global microelectronics market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global microelectronics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Honeywell International Inc., United Technologies Corporation, Crestron Electronics, Inc., Cisco Systems, Inc., Ingersoll-Rand PLC, Schneider Electric SE., Johnson Controls Inc., Acuity Brands, Inc., ADT Corporation, Control4 Corporation, and Others.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global microelectronics market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global microelectronics market
Detailed Segmentation
Global Microelectronics Market, By Software & Algorithm :
Behavioral
Proactive
Global Microelectronics Market, By Product:
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
Global Microelectronics Market, By Vertical:
Aerospace and Defense
Medical
Construction
Automotive
Others
Global Microelectronics Market, By Region:
North America
By Software & Algorithm
Behavioral
Proactive
By Product
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
By Vertical
Aerospace and Defense
Medical
Construction
Automotive
Others
By Country:
U.S.
Canada
Asia Pacific
By Software & Algorithm
Behavioral
Proactive
By Product
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
By Vertical
Aerospace and Defense
Medical
Construction
Automotive
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Europe
By Software & Algorithm
Behavioral
Proactive
By Product
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
By Vertical
Aerospace and Defense
Medical
Construction
Automotive
Others
By Country:
Germany
Italy
U.K.
France
Russia
Rest of Europe
Latin America
By Software & Algorithm
Behavioral
Proactive
By Product
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
By Vertical
Aerospace and Defense
Medical
Construction
Automotive
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Software & Algorithm
Behavioral
Proactive
By Product
Lighting Control
Security and Access Control
Entertainment control
HVAC Control
Other Controls
By Vertical
Aerospace and Defense
Medical
Construction
Automotive
Others
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Honeywell International Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
United Technologies Corporation
Crestron Electronics, Inc.
Cisco Systems, Inc.
Ingersoll-Rand PLC
Schneider Electric SE.
Johnson Controls Inc.
Acuity Brands, Inc.
ADT Corporation
Control4 Corporation
Others
“*” marked represents similar segmentation in other categories in the respective section.