The Business Research Company’s Automotive Microcontrollers Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Microcontrollers Global Market Report 2023 evaluates automotive microcontrollers market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The automotive microcontrollers market size reached a value of nearly $11,532.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 6.4% since 2016. The market is expected to grow from $11,532.3 million in 2021 to $18,215.0 million in 2026 at a rate of 9.6%. The automotive microcontrollers market size is then expected to grow at a CAGR of 7.8% from 2026 and reach $26,527.1 million in 2031.
growing demand for driverless vehicles is expected to increase the demand for the automotive microcontrollers market during the forecast period. The strong focus on autonomous vehicles (AVs) has altered demand patterns for Automotive Microcontrollers, with sales of specialty silicon chips tailored to specific applications growing strongly.
For example, in July 2020, according to Analytics India Magazine, an India based media company, the survey data shows that the Chinese market’s preference for autonomous driving is 60%, which is much higher than the world, indicating that China’s acceptance of new technologies such as autonomous driving exists.
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The automotive microcontrollers market segments in the report are:
1) By Type: 8 Bit, 16 Bit, 32 Bit
2) By Vehicle Type: Passenger ICE Vehicle, Commercial ICE Vehicle, Electric Vehicle
3) By Connectivity: Vehicle To Vehicle (V2V) Connectivity, Vehicle To Infrastructure (V2I) Connectivity, Vehicle To Cloud (V2C) Connectivity
4) By Technology: Adaptive Cruise Control, Park Assist System, Blind Spot Detection, Tire Pressure Monitoring System
5) By Application Type: Powertrain and Chassis, Body Electronics, Safety And Security Systems, Infotainment And Telematics
The table of contents in TBRC’s automotive microcontrollers market report includes:
1.Executive Summary
2.Table of Contents
3.List of Figures
4.List of Tables
5.Report Structure
…..
18.Competitive Landscape And Company Profiles
19.Key Mergers and Acquisitions
20.Automotive Microcontrollers Market Opportunities And Strategies
21.Automotive Microcontrollers Market, Conclusions And Recommendations
Appendix
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