Global Microcontroller for Automotive Market Growth 2023-2029

Global Microcontroller for Automotive Market Growth 2023-2029

The use of various microcontrollers is increasing in automobile's electronics along with the rest of the electronic control units. Basically, different types of microcontrollers used in automobiles are AVR microcontroller, 8051 microcontroller, PIC, microcontroller, etc.Automotive microcontrollers are integrated chips, which enable control over the automobile functioning. Compact microcontrollers comprising least component designs are integrated into automobiles for performing activities that need functionalities such as monitoring and controlling.
LPI (LP Information)' newest research report, the “Microcontroller for Automotive Industry Forecast” looks at past sales and reviews total world Microcontroller for Automotive sales in 2022, providing a comprehensive analysis by region and market sector of projected Microcontroller for Automotive sales for 2023 through 2029. With Microcontroller for Automotive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microcontroller for Automotive industry.
This Insight Report provides a comprehensive analysis of the global Microcontroller for Automotive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microcontroller for Automotive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microcontroller for Automotive market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microcontroller for Automotive and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microcontroller for Automotive.
The global Microcontroller for Automotive market size is projected to grow from US$ 6809.6 million in 2022 to US$ 10970 million in 2029; it is expected to grow at a CAGR of 10970 from 2023 to 2029.
Global key players of Microcontroller for Automotive are NXP Semiconductors, Renesas Electronics, Microchip Technology, etc. Among them, NXP is the biggest manufacturer with a share over 20%. The top 5 manufacturers of the world are NXP Semiconductors, Renesas Electronics, Microchip Technology, Infineon Technologies, STMicroelectronics.China is the largest market of Microcontroller for Automotive who makes up a share of over 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of Microcontroller for Automotive market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
8-bit Microcontroller
16-bit Microcontroller
32-bit Microcontroller
Segmentation by application
Body Electronics
Chassis & Powertrain
Infotainment and Telematics
Safety & Security
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NXP Semiconductors
Renesas Electronics
Microchip Technology
Infineon Technologies
STMicroelectronics
Texas Instruments
Cypress Semiconductors
Analog Devices
Silicon Laboratories
Toshiba
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microcontroller for Automotive market?
What factors are driving Microcontroller for Automotive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microcontroller for Automotive market opportunities vary by end market size?
How does Microcontroller for Automotive break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.