Automotive Microcontrollers Market by Application & Technology - Global Forecast 2022
[201 Pages Report] Automotive Microcontrollers Market report categorizes the global market by Connectivity, Technology (Park Assist, Blind Spot Detection, ACC, TPMS), Application (Infotainment & Telematics, Safety & Security, Body Electronics, Chassis & P
(EMAILWIRE.COM, November 27, 2018 ) According to recent research “Automotive Microcontrollers Market by Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security), Technology (ACC, Blind Spot Detection, Park Assist, TPMS), Vehicle, EV, Bit Size, Connectivity, and Region - Global Forecast to 2022" The global automotive microcontrollers market size is estimated to be USD 989.2 Million in 2017 and is projected to grow to USD 1,886.4 Million by 2022, at a CAGR of 13.78%.
Don’t miss out on business opportunities in Automotive Microcontrollers Market.
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=109625825
Browse and in-depth TOC on “Automotive Microcontrollers Market”
97 - Tables
77 - Figures
201- Pages
Automated electronic control technologies for automotive systems such as advanced driver assistance systems (ADAS), electronic stability control (ESC), and electronic control unit (ECU) have been evolving year after year. The new trend in the automotive industry is to manufacture vehicles that feature advanced technologies with the optimized weight-cost ratio.
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/automotive-microcontroller-market-162948952.html
Safety and security system is estimated to hold the largest market share of this market, by application, due to increased adoption of advanced single and multi-core microcontrollers in an automobile. Factors contributing to the growth of this segment include the mandates related to safety and security features. These include the mandatory installation of ABS in passenger cars from 2018 in India and the regulation regarding the installation of TPMS in commercial vehicles in many countries of the world.
By bit-size segmentation, the market for 32-bit microcontrollers is estimated to experience the highest growth during the forecast period. With the advent of the era of electric vehicles, the use of advanced power electronics components has increased. The 32-bit microcontrollers are widely used in all the major advanced applications of electric as well as conventional vehicles.
By electric vehicle type, HEV is estimated to hold the largest share of the automotive microcontrollers market during the forecast period. The market growth can be attributed to the high level of production of HEVs during the forecast period. Also, the installation of 32-bit multi-core/fusion box microcontrollers is higher in this segment, as compared to IC engine vehicles, because of the complexed power distribution of the vehicle.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=162948952
Asia-Pacific is estimated to lead the automotive microcontrollers market during the forecast period, followed by North America and Europe. The European market is growing at a steady pace as most of the vehicles are equipped with high-end electronics and safety features. The North American market is experiencing a balanced growth, in terms of value and volume, as the microcontrollers market has gained popularity in the region. The existing vehicles in North America are already equipped with advanced safety features and body electronics, which serve the majority of the market.
The global automotive microcontrollers market is dominated by a few players such as NXP Semiconductors N.V. (Netherlands), Infineon Technologies AG (Germany), Toshiba Corp. (Japan), and Texas Instruments Inc. (U.S.) along with another tier I and II suppliers.
Browse Adjacent Markets @ Automotive and Transportation Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for a deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Media Contact
- Mr. Shelly Singh
- sales@marketsandmarket.com