Learn about the global automotive microcontrollers market through The Business Research Company, which provides information on automotive microcontrollers market size, automotive microcontrollers market drivers and restraints, automotive microcontrollers market players, the COVID-19 impact on the automotive microcontrollers market, and more.

The global automotive microcontrollers market size is expected to grow from $10.67 billion in 2021 to $11.50 billion in 2022 at a compound annual growth rate (CAGR) of 7.86%. The global automotive microcontroller market size is expected to grow to $15.75 billion in 2026 at a CAGR of 8.18%.

Growing demand for driverless vehicles is contributing to the growth of the automotive microcontrollers market.

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The automotive microcontrollers market consists of sales of automotive microcontrollers by entities (organizations, sole traders, and partnerships) that refer to self-contained systems consisting of processors, memory, and peripherals, and used as an embedded system. The system uses an integrated chip that is used to control the functions in automobiles. Microcontrollers are used in a system that is small and consists of the least component design. The uses in automobiles are remote control systems, operating systems, and automobile audio systems.

Global Automotive Microcontrollers Market Segments Include:

By Type: 8 Bit, 16 Bit, 32 Bit

By Vehicle Type: Passenger ICE Vehicle, Commercial ICE Vehicle, Electric Vehicle

By Connectivity: Vehicle to Vehicle (V2V) Connectivity, Vehicle to Infrastructure (V2I) Connectivity, Vehicle to Cloud (V2C) Connectivity

By Technology: Adaptive Cruise Control, Park Assist System, Blind Spot Detection, Tire Pressure Monitoring System

By Application Type: Powertrain and Chassis, Body Electronics, Safety and Security Systems, Infotainment and Telematics

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the automotive microcontrollers market in 2021.

Mergers and acquisitions is a key trend gaining popularity in the automotive microcontrollers market. In August 2021, Analog Devices, a US-based semiconductor company, acquired Maxim Integrated for a deal of $20 billion. This acquisition creates an analog semiconductor giant with more than 50,000 products giving it the scale to become a more formidable foe to Texas Instruments. Maxim Integrated is a US-based company that manufactures and sells analog and mixed-signal integrated circuits for the automotive, and industrial.

TBRC’s Automotive Microcontrollers Market Report Covers:

Major Market Players: Toshiba Corp, Infineon Technologies AG, NXP Semiconductors, ON Semiconductor, Analog Devices Inc, Renesas Electronics Corporation, STMicroelectronics NV, Cypress Semiconductor Corporation, Microchip Technology Inc, Rohm Semiconductors, Texas Instrument Incorporated, Maxim Integrated, Silicon Labs Private Limited, and Fujitsu Limited.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Automotive Microcontrollers Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive microcontrollers market overviews, analyzes and forecasts market size, share, automotive microcontrollers market players, automotive microcontrollers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive microcontrollers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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