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Published Date: 2013-04-29Number of Pages: 96

Microcontrollers (MCU) Market (Product - 8-bit, 16-bit, and 32-bit; Application - Automotive, Computer, Industrial, Consumer Goods, and Communication) - Global Industry Analysis, Size, Share, Growth and Forecast 2012 - 2018

Global Microcontrollers (MCU) Market: Snapshot 

Awareness regarding smart energy management, coupled with the latest technological advancements, is the key driver of the global microcontrollers (MCU) market. A favorable regulatory scenario supporting deployment of smart grid systems is likely to create viable growth opportunities for the market. The technology is chiefly used in smart cards for ensuring better safety to electronic banking transactions and government IDs such as mass-transit fares, security applications, passports, and medical records. 

Microcontrollers are manufactured as application-specific integrated circuits to be embedded inside devices they control. Due to this function, MCUs are also referred as embedded controllers. They comprise memory, peripherals, and processors. A majority of the demand witnessed by the market arises from the automotive industry. Growth witnessed in the sales of automobiles will thus prove a strong driving force for the global microcontrollers market. A considerable number of MCUs are required in an average automotive, enabling it to function effectively. With the advent of the novel features such as GPS and keyless entry, the demand for MCUs in the automotive industry is higher than ever. 

While the prevalence of fierce competition could restrict the market’s growth to an extent, the increasing penetration of smart grid systems will enable companies explore regions with lucrative opportunities. Based on aforementioned factors, TMR has estimated the global MCU market to exhibit a moderate CAGR of 4.0% between 2012 and 2018. At this pace the market is projected to reach US$19.5 bn by the end of 2018, from its valuation of US$15 bn in 2011. 

Advent of Eco-friendly Cars to Bolster Use of MCU in Automotive Industry

Based on application, the global microcontrollers market is segmented into industrial, computer, communications, automotive, and consumer goods. Of these, the automotive industry accounted for the dominant revenue share of 31.4% in the market in 2012. Over the course of the forecast period, the automotive and industrial segments are projected to gain increased market share. A paradigm shift towards products that are environment friendly has created considerable demand for hybrid and electric cars. Since, automation is the core of the technology used for designing hybrid and electric cars, the use of microcontrollers are projected accelerate in the automotive industry in the coming years. 

The industrial segment emerged as the second-largest segment in the global MCU market in 2012. However, it is likely to lose its market share to due to the significantly increasing application of MCUs in consumer electronic goods and automotive segments. The expansion of the automotive industry in countries such as China will create opportunities for the market’s growth in the near future. 

Increasing Industrialization to Seal Asia Pacific’s Dominance in the Market

Regionally, Asia Pacific, EMEA, North America, and Rest of the World constitute the key segments in the global microcontrollers market. Among these regions, Asia Pacific emerged dominant in the global market. As per TMR, the cumulative share held by Asia Pacific and EMEA totaled 70.5% of the global market in 2012. The dominance of Asia Pacific will remain sealed through the forecast period due to the industrialization witnessed by the emerging economies in the region, which in turn creates sales opportunities for MCU. The rising use of microcontrollers across automotive and consumer goods industries and in the manufacture of medical equipment will augment the demand for MCU in Asia Pacific. 

Microcontrollers are application-specific integrated circuits or computers that are embedded inside other devices in order to control the features of the product. Also referred to as a MCU, microcontrollers can be programmed to control products ranging from consumer appliances to automobiles, and can be segmented on the basis of the internal bus width as:

  • 8 bit microcontroller
  • 16 bit microcontroller
  • 32 bit microcontroller

Microcontrollers (MCU) are low cost devices which, coupled with enhancement in technology, is the driving force for their usage in a bevy of smaller products such as portable gadgets and LED lighting. The major areas in which microcontrollers are used are automotive, industrial, consumer goods, computer, and communications applications. Of these, the market is found to be primarily driven by industrial (which is considered to include medical), automotive applications and consumer goods. 

Increasing awareness of smart energy management, coupled with growing penetration of automotive and medical applications is expected to drive the industry over the forecast period. The rapidly growing automotive industry is expected to drive the microcontrollers market over the next five years. Hybrid electric vehicles are gaining popularity due to the plethora of environmental benefits they offer. This is estimated to result in increasing demand for microcontrollers, which can be primarily attributed to the usage do MCUs for emission control and fuel efficiency in these vehicles. Additionally, price cuts in the industry due to high degree of competition are also expected to witness growth traction. However, unfavorable macroeconomic conditions and the moderately fragmented nature of the industry are expected to impede the market over the forecast period.

Besides automotive, the industrial segment is also a significant contributor to the overall market. Decreasing product life-cycles has resulted in growing need for agility and flexibility in the industrial ecosystem. Microcontrollers enable industrial automation by supporting extensive feedback control mechanisms, and advanced sensors among others. 32-bit microcontrollers are increasingly becoming popular as a direct consequence of reducing unit prices. These products are capable of performing complex control operations and are embedded in products that require higher processing capabilities.

This report provides strategic analysis of the Microcontrollers (MCU) Market, and forecasts its growth for the period 2012 – 2018. The scope of the report includes in detail cross sectional scrutiny and competitive analysis of the market across different applications.

This report forecasts the global microcontrollers market on the basis of the product type and target application. The market has also been segmented on the basis of geography, which includes North America, EMEA (Europe, the Middle East, and Africa), Asia Pacific, and RoW (Rest of the World). 

The market share analysis of the leading players for microcontrollers market mentioned in the report exemplifies the scrupulous understanding of their market shares. The report includes a detailed analysis of the prevalent market situation, company profiles and industry trends for different types of microcontrollers. The report identifies factors driving and restraining growth, and future business opportunities in the microcontrollers market. Further, the report analyzes and provides the growth forecasts of the microcontrollers market in terms of revenue and volume for its application, and its types. The segmentation has been done to provide strategic insight for each category, enabling stakeholders across the value chain to gain considerable business intelligence. The application segment includes the forecast and comprehensive analysis of automotive, telecommunication, consumer, computer and industrial application of microcontrollers market. This market by product types includes in-depth analysis and forecast of 8- bit microcontroller, 16-bit microcontroller, and 32-bit microcontroller. The detailed value chain analysis and porter’s five forces analysis helps the market competitors to formulate their business strategies at every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the several factors which affect the market including but not limited to technological, economical, social, legal and environmental.

This report includes company profiles of the key market players along with their business strategies, company and financial overview, SWOT analysis, and recent developments. Some of the major companies that are included in this report are Renesas Electronics Corporation, Freescale Semiconductor, Inc., Fujitsu, Atmel Corporation, Microchip Technology, and Texas Instruments among others.

The report segments the global microcontrollers market as:

  • Microcontrollers Market, by Product Type:
    • 8-bit
    • 16-bit
    • 32-bit
  • Microcontroller Market, by Application:
    • Automotive
    • Industrial
    • Consumer Goods
    • Computer
    • Communications
  • Microcontroller Market, by Geography:
    • North America
    • EMEA
    • Asia Pacific
    • Rest of the World (RoW)


 
 
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