Email
Print
Market Overview:
The Automotive Microcontroller Market, estimated to reach $22.9 Billion by 2030 with a CAGR of 8.2% from 2024-2030, is driven by integration of advanced driver assistance systems (ADAS) shift towards more energy-efficient solutions, aligning with global sustainability goals. Manufacturers are focusing on developing microcontrollers with lower power consumption without compromising performance. The push towards electric and autonomous vehicles is a primary driver, necessitating sophisticated microcontrollers to manage complex electronic systems. These microcontrollers are essential for controlling various functions, including powertrain, infotainment, safety, and advanced driver-assistance systems (ADAS). Another notable trend is the adoption of higher bit sizes, such as 32-bit microcontrollers, which offer enhanced processing power and efficiency, crucial for handling the growing data demands of modern vehicles.
Regional Insights:
Asia Pacific held a 37% share of the Automotive Microcontrollers market in 2023, driven by rapid automotive industry growth in China, Japan, and India. Stringent safety and emissions regulations, along with rising electric vehicle adoption and autonomous driving advancements, fuel demand for advanced microcontrollers. In March 2024, Toshiba launched SmartMCD™ Series gate driver ICs, integrating power MOSFET control and communication features, highlighting the region's focus on innovation and tailored automotive microcontroller solutions.
For More Queries About " Automotive Microcontroller " @ https://www.industryarc.com/pdfdownload.php?id=501191
Scope of the Report:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Automotive Microcontroller Market: Recent Development
• In November 2024, Infineon Technologies has launched the first member of the Aurix TC4x automotive microcontroller family with a new controller core and up to 25Mbits of flash.
• In May 2024, Infineon Technologies has introduced the PSoC 4 High Voltage Precision Analog (HVPA)-144K microcontroller, with which it addresses the automotive battery management sector by integrating high-precision analog and high-voltage subsystems on a single chip. The new microcontroller is ISO26262 compliant, enabling compact and safe intelligent battery sensing and battery management in modern vehicles.
• In November 2023, Microchip Technology introduced its PIC32MX automotive-grade microcontroller It is designed for advanced safety and security features in automotive applications like ADAS and electric vehicle powertrains
Automotive Microcontroller Market: Competitive Landscape
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Automotive Microcontroller Industry. The top 10 companies in the Automotive Microcontroller market are-
1. Analog Devices, Inc.
2. Infineon Technologies AG
3. Microchip Technology Inc.
4. NXP Semiconductors
5. STMicroelectronics
6. Renesas Electronics Corporation
7. Rohm Semiconductor
8. Texas Instruments Incorporated
9. Toshiba Corporation
10. Silicon Laboratories
About IndustryARC™:
IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: [email protected]
USA: (+1) 518-282-4727