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Automotive Microcontrollers Global Market Report 2022

Automotive Microcontrollers Global Market Report 2022

  • June 2022
  • 175 pages
  • ID: 6284093
  • Format: PDF
  • The Business Research Company


Table of Contents

Major players in the automotive microcontrollers market are Toshiba Corp, Infineon Technologies AG, NXP Semiconductors, ON Semiconductor, Analog Devices Inc, Renesas Electronics Corporation, STMicroelectronics NV, Cypress Semiconductor Corporation, Microchip Technology Inc, Rohm Semiconductors, Texas Instrument Incorporated, Maxim Integrated, Silicon Labs Private Limited, and Fujitsu Limited.

The global automotive microcontrollers market is expected to grow from $10.67 billion in 2021 to $11.50 billion in 2022 at a compound annual growth rate (CAGR) of 7.86%. The market is expected to grow to $15.75 billion in 2026 at a CAGR of 8.18%.

The automotive microcontrollers market consists of sales of automotive microcontrollers by entities (organizations, sole traders, and partnerships) that refer to self-contained systems consisting of processors, memory, and peripherals, and used as an embedded system.The system uses an integrated chip that is used to control the functions in automobiles.

Microcontrollers are used in a system that is small and consists of the least component design. The uses in automobiles are remote control systems, operating systems, and automobile audio systems.

The main types of automotive microcontrollers are 8 Bit, 16 Bit and 32 Bit.The 8-bit microcontroller contains an 8-bit CPU.

Internal operations are performed on 8-bit numbers, and external I/O is being obtained through 8-bit busses.Automotive microcontrollers are used in different vehicle types such as passenger ICE vehicle, commercial ICE vehicle, and electric vehicle and used for connectivity such as vehicle to vehicle (V2V) connectivity, vehicle to infrastructure (V2I) connectivity, and vehicle to cloud (V2C) connectivity.

Technologies used in automotive microcontrollers include adaptive cruise control, park assist system, blind spot detection, and tire pressure monitoring system. Applications of automotive microcontrollers include powertrain and chassis, body electronics, safety and security systems, and infotainment and telematics.

Asia Pacific was the largest region in the automotive microcontrollers market in 2021.Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Growing demand for driverless vehicles is contributing to the growth of the automotive microcontrollers market.An autonomous vehicle is able to operate itself and perform necessary functions without human intervention.

An autonomous vehicle utilizes a fully automated driving system to allow the vehicle to respond to external conditions.Multicore microcontroller families support autonomous driving applications.

For instance, according to Hindu business line data 2021, autonomous driving is increasingly gaining popularity as 3.5 million passenger cars sold worldwide had level 2 autonomy driving features in Q4 2020, growing 91% year-on-year. Growing demand for driverless vehicles will drive the automotive microcontrollers market.

Mergers and acquisitions is a key trend gaining popularity in the automotive microcontrollers market.In August 2021, Analog Devices, a US-based semiconductor company, acquired Maxim Integrated for a deal of $20 billion.

This acquisition creates an analog semiconductor giant with more than 50,000 products giving it the scale to become a more formidable foe to Texas Instruments.Maxim Integrated is a US-based company that manufactures and sells analog and mixed-signal integrated circuits for the automotive, and industrial.

In April 2020, Infineon Technologies AG, a German semiconductor manufacturer, acquired Cypress Semiconductor Corporation for an undisclosed amount.This acquisition of Cypress will enhance its focus on structural growth drivers and applications.

Cypress Semiconductor Corporation is a US-based semiconductor manufacturing company.

In April 2020, Infineon Technologies AG, a German semiconductor manufacturer acquired Cypress Semiconductor Corporation for an undisclosed amount.This acquisition of Cypress will enhance its focus on structural growth drivers and applications.

Cypress Semiconductor Corporation is a US-based automotive microcontroller manufacturing company.

The countries covered in the Automotive Microcontrollers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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