Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the automotive microcontrollers market provides an in-depth analysis of segments and
sub-segments in the global as well as regional automotive microcontrollers
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional automotive microcontrollers market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of the global automotive microcontrollers
market. According to the report, the global automotive microcontrollers market
is projected to grow at a CAGR of 8.5% over the forecast period of 2019-2025.
Automotive microcontrollers are highly integrated chip,
which enables control over the automobile functioning. There are various types
of microcontrollers used in automobiles which include AVR microcontroller, 8051
microcontrollers, PIC microcontrollers, and many others. The microcontroller is
segmented into 8 bit, 16 bit and 32 bit. Microcontrollers manage Electronic
Control Unit functions such as power windows, seats, braking, steering and
headlights. Additionally, Tinned steel, Nickel cobalt ferrous alloy, and copper
alloy are the material used for the manufacturing of microcontrollers. Among
them, Tinned steel continues to be preferred for the production of automotive
microcontrollers.
The new trend in the automotive industry is to manufacture
vehicles that feature advanced technologies that contribute to the growth of automotive microcontroller. These include the mandatory installation of
advanced safety features, which serve the market growth. Moreover, the growing
inclination towards electric vehicles across the globe is another major factor
augmenting the market growth. As per the
International Energy Agency, near about, 1 million electric cars were sold in
2017 – a new record – with more than half of global sales in China. By 2030,
battery electric vehicles will account for 70% of electric vehicles. The
existing vehicles in North America and Europe are already equipped with
advanced safety features, which serve the majority of the automotive
microcontrollers market. Additionally, the increasing competition among vehicle
manufacturers to provide better convenience and comfort to their customers is
likely to have a positive impact on the growth of the automotive
microcontrollers market. However, operational failure in extreme conditions is
expected to hamper the growth of the automotive microcontroller market over the
forecast period. Furthermore, manufacturers operating in the automotive
microcontrollers have been focusing on product innovation. For instance, in
2017, Renesas Electronics Corporation, a semiconductor manufacturer has
announced an RH850-based, 32bit, automotive radar microcontroller for use in
future ADAS and autonomous driving vehicles.
Among the region, Asia Pacific is anticipated to hold
maximum share in the global automotive microcontroller market over the forecast
period. The growth of this region is attributed owing to the adoption of
advanced technologies in countries such as India, China, Japan, and South
Korea. On the other hand, the presence of European manufacturers such as
Infineon Technologies AG, Delphi Automotive PLC, and many others are likely to
lead the demand of the European automotive microcontrollers market. The North
American markets are set to attain maturity in the near future. Furthermore,
Brazil, Colombia, Brazil, Chile, Argentina are some countries focusing on new
technology vehicles. This, in turn, creates growth opportunities for the
automotive microcontroller market in the South America region.
The report on the global automotive microcontrollers market covers
segments such as bit size, material type, vehicle type, and application. On the
basis of bit size, the sub-markets include 8-bit, 16-bit, and 32-bit. On the
basis of material type, the sub-markets include nickel cobalt ferrous alloy,
tinned steel, and copper alloy. On the basis of vehicle type, the sub-markets
include passenger cars, and commercial vehicles. On the basis of application,
the sub-markets include advanced driver assistance system, brake control
system, parking assist system, safety technology, and other applications.
The report provides profiles of the companies in the market
such as NXP Semiconductors, Texas Instruments, Renesas Technology Corp,
Infineon Technologies, Cypress Semiconductor, STMicroelectronics, Dallas
Semiconductors, Fujitsu Semiconductor, Analog Devices, Inc., and Other
Companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of automotive
microcontrollers market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.
Please Choose One of them.