Home > Semiconductors & Electronics > IC > Automotive Microcontrollers Market
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.
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.
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.