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Automotive Microcontrollers Market Analysis

  • Report ID: GMI7604
  • Published Date: Dec 2023
  • Report Format: PDF

Automotive Microcontrollers Market Analysis

Based on application, the market is divided into powertrain & chassis, safety & security, body electronics, telematics & infotainment, ADAS, and others. The powertrain & chassis segment dominated the global market with a share of over 30% in 2023.
 

  • The increasing adoption of Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) is a major factor promoting microcontroller adoption in the powertrain segment. Microcontrollers are essential for managing electric powertrains including battery management, motor control, and power electronics.
     
  • Microcontrollers contribute to vehicle dynamics and chassis control systems, ensuring stability, traction & overall safety. Electronic Stability Control (ESC) and Anti-lock Braking System (ABS) are examples of chassis control systems that rely on microcontrollers to improve vehicle safety.
     
Automotive Microcontroller Market Share, By Bit Size, 2022

Based on bit size, the market is segmented into 8-bit microcontrollers, 16-bit microcontrollers, and 32-bit microcontrollers. The 32-bit microcontrollers segment is anticipated to register a CAGR of over 10% till 2032.
 

  • 32-bit microcontrollers offer significantly higher processing power compared to their 8-bit and 16-bit counterparts. The automotive industry is increasingly relying on advanced applications, such as ADAS, autonomous driving & in-car infotainment systems, which demand enhanced processing capabilities and performance.
     
  • Modern vehicles are becoming more connected, requiring microcontrollers to manage communication protocols and handle large amounts of data exchange. 32-bit microcontrollers offer better support for connectivity features including Controller Area Network (CAN) & Ethernet, contributing to improved vehicle-to-vehicle and vehicle-to-infrastructure communication.
     
U.S. Automotive Microcontroller Market Size, 2021-2032

North America dominated the global automotive microcontrollers market with a share of over 35% in 2023. North American companies are actively involved in the development and testing of autonomous driving technologies. Microcontrollers play a critical role in processing real-time data from various sensors, enabling decision-making in autonomous vehicles. The region has a strong presence of leading automotive manufacturers, technology companies, and research institutions. Ongoing research & development activities in North America contribute to the innovation and advancement of automotive technologies including microcontrollers. North America is also witnessing a high demand for in-car connectivity, infotainment systems, and advanced features among consumers. Automotive microcontrollers facilitate the integration of these technologies, meeting the expectations of tech-savvy consumers.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for automotive microcontrollers surpassed USD 13.2 billion in 2023 and is projected to expand at 8% CAGR from 2024-2032 driven by the ongoing shift towards EVs and HEVs along with the higher demand for microcontrollers in battery management systems.

32-bit automotive microcontrollers industry is anticipated to witness over 10% CAGR from 2024 to 2032 due to the ongoing modernization of vehicles.

North America market for automotive microcontrollers accounted over 35% revenue share in 2023 and is estimated to record robust growth through 2032 attributed to the strong presence of leading automotive manufacturers across the region.

Some of the leading automotive microcontroller companies are Infineon Technologies AG, Renesas Electronics Corporation, STMicroelectronics NV, NXP Semiconductors NV, Texas Instruments Incorporated, Microchip Technology Inc., and Rohm Semiconductor Co., Ltd.

Automotive Microcontrollers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 790
  • Countries covered: 21
  • Pages: 220
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