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2020

Automotive Microcontroller Market

Automotive Microcontroller Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, Technology and Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2019-2026

AT : Automotive systems and accessories

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Author's: Abhay Singh and Lalit Katare | Lalit Janardhan Katare
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Automotive Microcontroller Market Statistics - 2026

The global automotive microcontroller market was valued at $9.06 billion in 2018, and is projected to reach $15.77 billion by 2026, registering a CAGR of 7.3% during the forecast year 2019-2026. Microcontrollers are processors embedded on an integrated chip containing memory, processor, input/output devices, and peripheral. They are installed in automatically controlled products and electronics devices such as remote controls, machines, and others. The technology used in microcontrollers are designed to ensure smooth management of various advanced components in vehicles, which provides better driving experience to drivers. Developments in the automation industry, along with introduction of advanced driving system has increased the adoption of automotive microcontrollers.

The increased automation has created a huge demand for such microcontrollers, which are responsible for automatic operation of features associated with vehicles. Automatic operations included in automobiles such as keeping exhaust system low, fuel consumption low, and distribution of power to different components of the vehicle is carried out through microcontrollers. Growing electrification along with several rules and regulations toward automotive safety and security adopted by different governments across the globe is expected to supplement the growth of the automotive microcontroller market during the forecast period.

Automotive Microcontroller Market

Better and efficient microcontrollers designed for vehicles are responsible to carry out numerous tasks such as controlling advanced features as well as are responsible for efficient operations of vehicle. Developments carried out across the globe related to the development of better and efficient microcontrollers supplement the automotive microcontroller industry as well as is responsible to increase the automotive microcontroller market share.

Factors such as rapid developments in the automotive industry and high demand for safety features propel the market growth. However, factors such as operational failure in extreme climatic conditions and high initial cost and complex structure is supposed to hamper the growth of the automotive microcontroller market. Further, the demand for electric and hybrid vehicles is expected to increase in the future as automotive microcontrollers find a wide application in electric and hybrid vehicles for better and efficient operations and untapped regions are expected to create numerous opportunities for the growth and expansion of the market.

Automotive Microcontroller Market
By Application
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Safety & Security is projected as the most lucrative segments

The global automotive microcontroller market is segmented on the basis of application, technology, vehicle type, and region. On the basis of application, it is categorized into powertrain & chassis, safety & security, body electronics, and telematics & infotainment system. On the basis of technology, it is divided into park assist system, blind spot detection system, adaptive cruise control, and tire pressure monitoring system. By vehicle type, it is classified into passenger vehicle, commercial vehicle, and electric vehicle. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.  

Key players includes Cypress Semiconductor Corporation, Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductor N.V., On Semiconductor, Renesas Electronic Corporation, STMicroelectronics, Texas Instrument Incorporated, Toshiba Corporation, ROHM Semiconductors and others account for a major automotive microcontroller market share.

Automotive Microcontroller Market
By Technology
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Tire Pressure Monitoring System is projected as the most lucrative segments

Rapid developments in the automotive industry

 In the automotive industry, a microcontroller is used to control the fail-safe system, manage electrical control unit functions, and automotive fault tolerant systems, where it informs the error that occurs in the vehicle (accelerator, anti-lock brake interface, and broken lights). For instance, it would highlight fault tolerance, if a vehicle loses its grip on snow filled roads. Under such conditions, the incident is sensed by the sensor microcontroller, which then activates the anti-lock braking, when the vehicle operator applies brake. Hence, microcontrollers are a fundamental part of the automotive industry and rapid development in the automotive industry supplements the growth of the automotive microcontroller market.

High demand for safety features

The demand for safety features, such as parking assistance, collision avoidance systems, lane departure warnings, traction control, electronic stability control, tire pressure monitors, airbags, and telematics, is in increasing due to rise in number of road accidents worldwide. Vehicles with installed ADAS can detect and classify certain objects on the road and alert driver according to the road conditions. In addition, these systems can also automatically decelerate or stop vehicles depending on the road conditions. Furthermore, it is observed that there is a tremendous increase in death rates due to road accidents.

For instance, according to the World Health Organization’s report, nearly 1.25 million people die in road accidents each year. These factors supplement the growth in demand for safety features in vehicles. Automobile companies are developing and introducing safety features to meet the needs of customers. Thus, high demand for safety features drives the growth for the automotive microcontroller market.

Automotive Microcontroller Market
By Vehicle Type
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Electric Vehicle is projected as the most lucrative segments

Operational failure in extreme climatic conditions

 The major restraint of the automotive microcontroller market is its operational failures in extreme climatic conditions such as extreme cold and extreme heat. In the presence of extreme heat, microcontrollers tend to melt down or break, the resistance increases, and it makes the signal too weak, which is why failures occur. Whereas, when it is moved to an optimal temperature, resistance is reduced, and it gets stable. Furthermore, extreme cold is also not favorable for microcontrollers, as they stop performing. Its minimum operational temperature on an average is -25°C and maximum is +150°C.Therefore, countries such as Russia and Canada prefer fewer microcontrollers. This makes consumer’s shift to the use of mechanical devices, thereby affecting the growth of the automotive microcontroller market.

Rise in demand for electric and hybrid vehicles

 The demand for electric and hybrid vehicles is growing globally. The decreasing cost of components such as lithium-ion battery, sensors, and microcontrollers is the major factor that is anticipated to develop a mass automotive microcontroller market for electrical vehicles in the near future. Furthermore, as electrical vehicles play a vital role in cutting carbon emissions and dealing with air pollution, it is getting heavily promoted by governments of all countries. Currently, only 1% of new vehicles sold are electric, but as the price of components are decreasing, consumers and manufacturers are shifting toward electrical vehicles. According to Bloomberg, the electric vehicle market is expected to grow by 35%, by 2040. Thus, it is an opportunity for microcontroller manufacturers to grow globally, microcontrollers are integral part of electric vehicles.

Automotive Microcontroller Market
By Region
2026
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit the highest CAGR of 8.6% during 2019-2026.

Key Benefits for Stakeholders:

  • This study presents the analytical depiction of the global automotive microcontroller market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall automotive microcontroller market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global automotive microcontroller market with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Automotive Microcontroller Market Report Highlights

Aspects Details
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By APPLICATION
  • Powertrain & Chassis
  • Safety & Security
  • Body Electronics
  • Telematics & Infotainment
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By TECHNOLOGY
  • Park Assist System
  • Blind Spot Detection System
  • Adaptive Cruise Control
  • Tire Pressure Monitoring System
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By VEHICLE TYPE
  • Passenger ICE vehicle
  • Commercial ICE vehicle
  • Electric Vehicle
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By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

ROHM Semiconductors, ON SEMICONDUCTOR, Microchip Technology Inc, NXP SEMICONDUCTORS, Cypress Semiconductor Corporation, RENESAS ELECTRONICS CORPORATION, STMicroelectronics, Texas Instruments, Toshiba Corporation, Infineon Technologies AG

Analyst Review

In a vehicle, the microcontrollers are installed for efficient operation of different features of the vehicle which are related to advance driving system of the vehicle. To supplement this, better and efficient microcontrollers are designed by the manufacturers which operate in all conditions and are responsible to carry out the specified task. Various companies such as Texas Instrument Incorporated, Renesas Electronic Corporation, STMicroelectronics, and Infineon Technologies AG have a wider range of automotive microcontrollers which are designed to perform numerous tasks when associated with a vehicle. These manufacturers create a positive impact on the market, thereby supplementing the automotive microcontroller market growth across the globe. Also, the advent of electric vehicles and the introduction of advanced driving assistance system for vehicle incurs a wider application of microcontroller designed for automobiles which supplements the growth of market across the globe.

Factors such as rapid developments in the automotive industry and high demand for safety features propel the market growth. However, factors such as operational failure in extreme climatic conditions and high initial cost and complex structure is supposed to hamper the growth of the market. Further, the demand for electric and hybrid vehicles is expected to increase in the future owing to the application of microcontrollers on a wider scale and untapped regions are expected to create numerous opportunities for the growth and expansion of the market.

Among the analyzed regions, Asia-Pacific is the highest revenue contributor followed by Europe, North America, and LAMEA. Based on the forecast, Asia-Pacific is expected to maintain the lead during the forecast period owing to an increased CAGR as compared to other regions.

Author Name(s) : Abhay Singh and Lalit Katare | Lalit Janardhan Katare
Frequently Asked Questions?

The new competitive developments in automotiove microcontroller market includes numerous developments carried out by top automobile manufacturers by installing advanced components in vehicle s whuich requires advanced components such as mictocontrollers.

Adaptive cruise control holds a market share of approximately 44% in the global automotive microcontroller market.

The sample for automotive microcontroller market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

The potential customers of microcontrollers in automotive industry are the different vehicle manufacturers who offer advanced components to vehicles thus offering advanced driving system to the vehicle.

The leading players in automotive microcontroller are Cypress Semiconductor, Infinoen technologies, NXP Semiconductors and others who hold a major market share in the automotive microcontroller market.

The company profiles of the top market players of automotive microcontroller market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

Based on the analysis carried out, Asia-Pacific is the highest revenue contributor in the global automotive microcontroller market and is expected to maintain the lead in the global market.

The service providers of microcontroller in automotive industry are the different microcontroller manufacturers who are developing effective automotive microcontrollers which is propelling the growth of the global market.

The key growth strategies of automotive microcontroller industry players includes product launch and developments followed by the expansions carried out to support the global automotive microcontroller market.

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Automotive Microcontroller Market

Global Opportunity Analysis and Industry Forecast, 2019-2026