Automotive Microcontrollers Market by Type (8-bit, 16-bit, 32-bit), by Application (Infotainment & Telematics, Chassis & Powertrain, Body Electronics, Safety & Security), by By Geography (North America), by Europe (Germany, France, U.K., Rest of Europe), by Asia Pacific (Japan, China, India, South Korea, Rest of Asia Pacific) Forecast 2024-2032
The Automotive Microcontrollers Market size was valued at USD 5.20 USD Billion in 2023 and is projected to reach USD 7.38 USD Billion by 2032, exhibiting a CAGR of 5.13 % during the forecast period. Automotive microcontrollers are typical application specific ICs intended to operate embedded systems in automobiles effectively in terms of their performance and robustness. It is used in engine and transmission control systems, car multimedia, ADAS, and electric vehicles power control systems. Automotive microcontrollers are categorized in to various classes based on the size of the data they can process at a time namely the 8-bit automotive microcontrollers, 16-bit automotive microcontrollers and 32-bit automotive microcontrollers. Some of its sub modules are a central processing unit, memory in the forms of ROM, RAM, EEPROM, input/output interfaces and communication interfaces such as CAN, LIN and FlexRay. The advantages include, better operational performance of the vehicle, better fuel usage, low emission, better safety and comfort for passengers for vehicles with microcontrollers in the automotive industries. Market trends point to the use of microcontrollers in self-driving cars, making use of connectivity, and applying AI objectives, such as predictive maintenance and computational analysis.
Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.13% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.13% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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