Microcontroller (MCU) Market in EMEA 2024-2028
Global Microcontroller (MCU) Market In EMEA 2024-2028
The microcontroller (MCU) market in EMEA is forecasted to grow by USD 1703.1 mn during 2023-2028, accelerating at a CAGR of 6.72% during the forecast period. The report on the microcontroller (MCU) market in emea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of microcontrollers in automobiles, increasing demand for IoT and smart devices, and growth of consumer electronics industry.
Technavio's microcontroller (MCU) market in EMEA is segmented as below:
- By Application
- Automotive
- Consumer devices
- Industrial
- Others
- By Product
- 32-bit microcontrollers
- 16-bit microcontrollers
- 8-bit microcontrollers
- By Geographical Landscape
- EMEA
This study identifies the emergence of edge computing as one of the prime reasons driving the microcontroller (MCU) market in EMEA growth during the next few years. Also, adoption of external flash memory for microcontrollers and increasing investments in automation technologies across industries in EMEA will lead to sizable demand in the market.
The report on the microcontroller (MCU) market in EMEA covers the following areas:
- Microcontroller (MCU) market in EMEA sizing
- Microcontroller (MCU) market in EMEA forecast
- Microcontroller (MCU) market in EMEA industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microcontroller (MCU) market in EMEA vendors that include Advanced Micro Devices Inc., Analog Devices Inc., Broadcom Inc., ELAN Microelectronics Corp., Furukawa Electric Co. Ltd., Infineon Technologies AG, Intel Corp., Lattice Semiconductor Corp., Littelfuse Inc., Marvell Technology Inc., Microchip Technology Inc., Nordic Semiconductor ASA, NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., ROHM Co. Ltd., Silicon Laboratories Inc., STMicroelectronics International N.V., Texas Instruments Inc., and Toshiba Corp.. Also, the microcontroller (MCU) market in EMEA analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.