About Automotive Microcontrollers
Automotive microcontrollers are referred to as integrated chips, which enables the control over the functioning of the automobile. Compact microcontrollers basically comprise of least component designs that are integrated into the automobiles for performing activities that need functionalities like controlling and monitoring. The market of automotive microcontrollers is growing due to factors like rising modernization of the vehicle which is accelerating the rate of installation of microcontrollers across the automobile, while some of the factors like cost and complexity of design are hindering the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Rising demand for Automotive Microcontrollers with modernisation has created multiple chances for new entrants. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Automotive Microcontrollers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Toshiba Corp (Japan), Infineon Technologies AG (Germany), NXP Semiconductors (Netherlands), ON Semiconductor (United States), Analog Devices Inc. (United States), Texas Instruments Inc. (United States), Cypress Semiconductors (United States), Maxim Integrated (United States), STMicroelectronics (Switzerland) and Rohm Semiconductor (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Renesas Electronics and Microchip Technology.
Segmentation Overview
AMA Research has segmented the market of Global Automotive Microcontrollers market by , Application (Powertrain and Chassis, Body Electronics, Safety and Security Systems and Infotainment and Telematics) and Region.
On the basis of geography, the market of Automotive Microcontrollers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Electric Vehicle, the sub-segment i.e. BEV will boost the Automotive Microcontrollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Adaptive Cruise Control will boost the Automotive Microcontrollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Vehicle to Vehicle (V2V) Connectivity will boost the Automotive Microcontrollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle , the sub-segment i.e. Passenger Cars (PC) will boost the Automotive Microcontrollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Bit Size, the sub-segment i.e. 8-bit Microcontrollers will boost the Automotive Microcontrollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Affinity for Infotainment in Automobiles and Shift Towards EVs
Market Growth Drivers:
Increasing Modernization of the Vehicle Accelerates the Installation Rate of Microcontrollers and Trimming Down Fuel Consumption and Emission
Challenges:
Cost and Quality Trade-Off for Manufacturing Microcontrollers and Complexity of Design
Restraints:
Demand for Low-Cost Vehicles in the APAC, Operational Failure in Extreme Conditions and Increasing Number of Cyber Threats
Opportunities:
Growing Demand for Advanced Safety, Convenience, and Comfort Systems and Increasing Rate of Installations of Advanced Applications in Luxury and Mid-Range Vehicles
Market Leaders and their expansionary development strategies
Infineon Technologies AG announced the Closing of the acquisition of Cypress Semiconductor Corporation. The San Jose-based company has become part of Infineon effective as of the Closing. The acquisition of Cypress is a landmark step in Infineon’s strategic development.
Synopsis has expanded its portfolio of automotive VDKs with support for Infineon’s AURIX TC4xx 32-bit microcontroller family. Synopsis, Inc. have introduced the availability of a Virtualizer Development Kit supporting the Infineon AURIX TC4xx Microcontroller Family. The partnership focuses on escalating the development of automotive systems. The TC4xx virtual prototype enables the support to set of models for the Tricore CPU subsystem, the parallel processing unit, memories, communication, timer, analog to digital converters, security, and safety.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.