Microcontroller market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation – Technavio

NEW YORK, Jan. 9, 2023 /PRNewswire/ — According to Technavio, the global microcontroller market size is estimated to grow by USD 6947.49 million from 2022 to 2027. The market is estimated to grow at a CAGR of 8.16% during the forecast period. APAC will account for 64% of the market’s growth during the forecast period. 

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The global microcontroller (MCU) market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter’s five models helps to strategize the business, for entire details – buy the report!

Technavio categorizes the global microcontroller market as a part of the global semiconductors market within the overall global semiconductors and semiconductor equipment market. The parent global semiconductors market covers manufacturers of semiconductors and related products. Technavio defines semiconductor manufacturers as companies that are involved in the production of integrated circuits (ICs) such as memory, logic, analog, and micro components, optoelectronics, sensors, and discrete semiconductors.

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The report includes the market’s adoption lifecycle, from the innovator’s to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Segment Overview

Technavio has segmented the market based on application (automotive, consumer devices, industrial, and others), product (32-bit microcontrollers, 8-bit microcontrollers, and 16-bit microcontrollers), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The automotive segment will grow at the highest rate during the forecast period. Several industries are early adopters of advanced technologies. Due to the rising number of traffic accidents and strict international regulations on fuel efficiency and carbon dioxide and carbon monoxide emissions, automotive OEMs are incorporating advanced safety features like collision avoidance systems and blind-spot detection and alert systems into their vehicles. Furthermore, during the projection period, there will be a growth in demand for microcontrollers due to the ongoing advancement of autonomous driving as well as hybrid and electric vehicles.

Geography overview

By geography, the global microcontroller market is segmented into APAC, Europe, North America, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global microcontroller market.

• APAC will account for 64% of the market’s growth during the forecast period. The greater concentration of OEMs and ODMs across industries, including consumer electronics, automotive, healthcare, industrial, and others, is the main reason why APAC dominates the worldwide microcontroller industry. APAC also serves as a hub for major semiconductor foundries, companies that outsource assembly and testing, and multinational technology firms that are engaged in the design, development, and production of semiconductor integrated circuits. Numerous leading businesses are putting their efforts towards expanding the number of manufacturing facilities in the area.

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Key factor driving market growth

• The increasing use of microcontrollers in automobiles is one of the major drivers of the MCU market growth.
• Microcontrollers are used in automobiles to control different electronic control unit (ECU) features such as seats, power windows, braking systems, safety systems, steering, taillights, and headlights. These functions allow autos to run efficiently.
• Furthermore, the increasing demand for IoT and smart devices, and the growth of the consumer electronics industry will drive the market growth during the forecast period.

Leading trends influencing the market 

• The growing implementation of automation technologies across industries and the emergence of Industry 4.0 is one of the major trends in the MCU market growth.
• Automation solutions are being implemented by industries to carry out their complicated manufacturing processes because they provide higher efficiency, predictive machine maintenance, enhanced safety, and increased profitability.
• Moreover, adopting external flash memory for microcontrollers and developing edge computing will increase market growth during the forecast period.

Major challenges hindering the market growth

• The manufacturing challenge is one of the major challenges to the MCU market growth.
• The complexity of applications and microcontroller designs has resulted in longer development cycles for producing microcontrollers. This happened due to the fabrication of microcontrollers integrating increasingly complicated parts, gadgets, peripherals, or software features.
• In order to compete in the market, they increasingly need quicker design-to-production and time-to-market cycles. Moreover, microcontroller vendors need to operate at economies of scale to attain a low ASP and stay profitable and competitive.
• Hence, microcontroller manufacturing defects can impact large quantities of end products. This leads to an increased cost of defective microcontroller manufacturing, which can impact microcontroller production during the forecast period.

Driver, Trend & Challenges are the factors of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this microcontroller (MCU) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the microcontroller (MCU) market between 2023 and 2027
• Precise estimation of the size of the microcontroller (MCU) market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the microcontroller (MCU) market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of microcontroller (MCU) market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global microcontroller market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global microcontroller market 2017 – 2021 ($ million)

• 4.2 Geography Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Product Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Product Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Automotive – Market size and forecast 2022-2027
• Exhibit 34: Chart on Automotive – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Automotive – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Automotive – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Automotive – Year-over-year growth 2022-2027 (%)

• 6.4 Consumer devices – Market size and forecast 2022-2027
• Exhibit 38: Chart on Consumer devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Consumer devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Consumer devices – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Consumer devices – Year-over-year growth 2022-2027 (%)

• 6.5 Industrial – Market size and forecast 2022-2027
• Exhibit 42: Chart on Industrial – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Industrial – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Industrial – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Industrial – Year-over-year growth 2022-2027 (%)

• 6.6 Others – Market size and forecast 2022-2027
• Exhibit 46: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 50: Market opportunity by Application ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 51: Chart on Product – Market share 2022-2027 (%)
• Exhibit 52: Data Table on Product – Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 53: Chart on Comparison by Product
• Exhibit 54: Data Table on Comparison by Product

• 7.3 32-bit microcontrollers – Market size and forecast 2022-2027 
• Exhibit 55: Chart on 32-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on 32-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on 32-bit microcontrollers – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on 32-bit microcontrollers – Year-over-year growth 2022-2027 (%)

• 7.4 8-bit microcontrollers – Market size and forecast 2022-2027 
• Exhibit 59: Chart on 8-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on 8-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on 8-bit microcontrollers – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on 8-bit microcontrollers – Year-over-year growth 2022-2027 (%)

• 7.5 16-bit microcontrollers – Market size and forecast 2022-2027 
• Exhibit 63: Chart on 16-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on 16-bit microcontrollers – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on 16-bit microcontrollers – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on 16-bit microcontrollers – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 67: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 North America – Market size and forecast 2022-2027
• Exhibit 81: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 South Korea – Market size and forecast 2022-2027
• Exhibit 97: Chart on South Korea – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on South Korea – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on South Korea – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on South Korea – Year-over-year growth 2022-2027 (%)

• 9.10 US – Market size and forecast 2022-2027
• Exhibit 101: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027
• Exhibit 109: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Analog Devices Inc. 
• Exhibit 120: Analog Devices Inc. – Overview
• Exhibit 121: Analog Devices Inc. – Business segments
• Exhibit 122: Analog Devices Inc. – Key offerings
• Exhibit 123: Analog Devices Inc. – Segment focus

• 12.4 Arm Ltd. 
• Exhibit 124: Arm Ltd. – Overview
• Exhibit 125: Arm Ltd. – Product / Service
• Exhibit 126: Arm Ltd. – Key news
• Exhibit 127: Arm Ltd. – Key offerings

• 12.5 Arrow Electronics Inc. 
• Exhibit 128: Arrow Electronics Inc. – Overview
• Exhibit 129: Arrow Electronics Inc. – Business segments
• Exhibit 130: Arrow Electronics Inc. – Key offerings
• Exhibit 131: Arrow Electronics Inc. – Segment focus

• 12.6 Fujitsu Ltd. 
• Exhibit 132: Fujitsu Ltd. – Overview
• Exhibit 133: Fujitsu Ltd. – Business segments
• Exhibit 134: Fujitsu Ltd. – Key news
• Exhibit 135: Fujitsu Ltd. – Key offerings
• Exhibit 136: Fujitsu Ltd. – Segment focus

• 12.7 Infineon Technologies AG 
• Exhibit 137: Infineon Technologies AG – Overview
• Exhibit 138: Infineon Technologies AG – Business segments
• Exhibit 139: Infineon Technologies AG – Key news
• Exhibit 140: Infineon Technologies AG – Key offerings
• Exhibit 141: Infineon Technologies AG – Segment focus

• 12.8 Intel Corp. 
• Exhibit 142: Intel Corp. – Overview
• Exhibit 143: Intel Corp. – Business segments
• Exhibit 144: Intel Corp. – Key news
• Exhibit 145: Intel Corp. – Key offerings
• Exhibit 146: Intel Corp. – Segment focus

• 12.9 Microchip Technology Inc. 
• Exhibit 147: Microchip Technology Inc. – Overview
• Exhibit 148: Microchip Technology Inc. – Business segments
• Exhibit 149: Microchip Technology Inc. – Key offerings
• Exhibit 150: Microchip Technology Inc. – Segment focus

• 12.10 NXP Semiconductors NV 
• Exhibit 151: NXP Semiconductors NV – Overview
• Exhibit 152: NXP Semiconductors NV – Product / Service
• Exhibit 153: NXP Semiconductors NV – Key news
• Exhibit 154: NXP Semiconductors NV – Key offerings

• 12.11 ON Semiconductor Corp 
• Exhibit 155: ON Semiconductor Corp – Overview
• Exhibit 156: ON Semiconductor Corp – Business segments
• Exhibit 157: ON Semiconductor Corp – Key offerings
• Exhibit 158: ON Semiconductor Corp – Segment focus

• 12.12 Parallax Inc. 
• Exhibit 159: Parallax Inc. – Overview
• Exhibit 160: Parallax Inc. – Product / Service
• Exhibit 161: Parallax Inc. – Key offerings

• 12.13 Renesas Electronics Corp. 
• Exhibit 162: Renesas Electronics Corp. – Overview
• Exhibit 163: Renesas Electronics Corp. – Business segments
• Exhibit 164: Renesas Electronics Corp. – Key offerings
• Exhibit 165: Renesas Electronics Corp. – Segment focus

• 12.14 ROHM Co. Ltd. 
• Exhibit 166: ROHM Co. Ltd. – Overview
• Exhibit 167: ROHM Co. Ltd. – Business segments
• Exhibit 168: ROHM Co. Ltd. – Key news
• Exhibit 169: ROHM Co. Ltd. – Key offerings
• Exhibit 170: ROHM Co. Ltd. – Segment focus

• 12.15 Silicon Laboratories Inc. 
• Exhibit 171: Silicon Laboratories Inc. – Overview
• Exhibit 172: Silicon Laboratories Inc. – Business segments
• Exhibit 173: Silicon Laboratories Inc. – Key news
• Exhibit 174: Silicon Laboratories Inc. – Key offerings
• Exhibit 175: Silicon Laboratories Inc. – Segment focus

• 12.16 STMicroelectronics NV 
• Exhibit 176: STMicroelectronics NV – Overview
• Exhibit 177: STMicroelectronics NV – Business segments
• Exhibit 178: STMicroelectronics NV – Key news
• Exhibit 179: STMicroelectronics NV – Key offerings
• Exhibit 180: STMicroelectronics NV – Segment focus

• 12.17 Texas Instruments Inc. 
• Exhibit 181: Texas Instruments Inc. – Overview
• Exhibit 182: Texas Instruments Inc. – Business segments
• Exhibit 183: Texas Instruments Inc. – Key news
• Exhibit 184: Texas Instruments Inc. – Key offerings
• Exhibit 185: Texas Instruments Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 186: Inclusions checklist
• Exhibit 187: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 188: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 189: Research methodology
• Exhibit 190: Validation techniques employed for market sizing
• Exhibit 191: Information sources

• 13.5 List of abbreviations 
• Exhibit 192: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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