Microcontroller Market Segmentation:
Product
32-Bit segment is estimated to dominate over 40.1% microcontroller market share by 2035. The segment's tremendous growth rate can be augmented by its several features, such as higher input and output peripherals, high scalability, low power consumption, and mini footprints compared to several other MCUs in the industry.
A recent report by Research Nester concluded that 32-bit microcontrollers will dominate the landscape, credited to the increase in IoT devices, their high-performance computing technological advancements, and the tremendous growth in the automotive and smart home sectors.
Application
Automotive segment in the microcontroller market is set to showcase lucrative growth rate till 2035, in connection with the microcontroller revenue share attributed to the lucrative influence of smart vehicles and their technological features such as advanced safety systems, telematics, in-vehicle infotainment systems, instrument clusters, and many more. According to a report by the International Energy Agency in 2024, the sales of electric cars were 3 million higher than the sales in 2022, which is about 5 times more than in 2018.
Our in-depth analysis of the global microcontroller market includes the following segments:
|
Product |
|
|
Application |
|
