Base Year
Historical Year
Forecast Year
The global automotive microcontrollers market reached a value of about USD 12.60 billion in 2023. The industry is further expected to grow at a CAGR of 7.50% in the forecast period of 2024-2032 to reach a value of around USD 24.12 billion by 2032.
| Global Automotive Microcontrollers Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 12.60 |
| Market Size 2032 | USD Billion | 24.12 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 7.5% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 8.7% |
| CAGR 2024-2032 - Market by Country | India | 9.9% |
| CAGR 2024-2032 - Market by Country | China | 8.3% |
| CAGR 2024-2032 - Market by Application | Powertrain and Chassis | 8.4% |
| CAGR 2024-2032 - Market by Connectivity | V2V Connectivity | 8.6% |
| Market Share by Country 2023 | France | 3.3% |
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Based on bit size, the 32-bit microcontrollers are witnessing heightened demand due to the increasing complexity in automotive electronics and the need for fewer components. This has been propelling the overall market growth. In addition, they offer higher processing performance, more power efficiency, and improved accuracy for a broad range of small- and large-scale applications. Moreover, the wide range of 32-bit microcontrollers provided by leading industry players is also contributing to the expansion of the automotive microcontrollers industry. For instance, Infineon offers the AURIX Family of 32-bit high power microcontrollers, which provides advanced safety and security features for the automotive industry. Further, the research activities to use the 32-bit microcontrollers in various applications of vehicles are expected to impel the market for automotive microcontrollers in the forecast period.
The rising production of automobiles owing to the strong presence of industry players and the growing inclination of customers towards the advanced electronics, safety and security features in the vehicles are significantly catalysing the development of the automotive microcontroller industry in the Asia Pacific region. In addition, the government measures towards safeguarding the lives of passengers and pedestrians are boosting the installation of several safety features, thereby invigorating the market growth of the automotive microcontroller.
The automotive microcontroller is a single-chip microprocessor that can manage all aspects of drive control and plays a critical role in battery management. It helps calculate and monitor elements such as the amount of injected fuel by gathering the data, performing the calculations, and making the necessary adjustments in significantly less time.
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The automotive microcontrollers industry, by application, is divided into:
Based on bit size, the market is segmented into:
On the basis of material type, the market is classified into:
Based on connectivity, the market is segmented into:
On the basis of technology, the market is divided into:
Based on vehicle type, the market is classified into:
The regional markets for automotive microcontrollers can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Country |
| India | 9.9% |
| China | 8.3% |
| USA | 6.7% |
| Germany | 6.2% |
| Italy | 5.3% |
| Canada | XX% |
| UK | XX% |
| France | XX% |
| Japan | 5.2% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
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The expanding use of electronic components in automobiles owing to cost-effectiveness and the need to eliminate unwieldy wires are providing impetus to the market growth of automotive microcontroller. In addition, the growing demands for energy-efficient and luxurious vehicles are also fuelling the market growth of automotive microcontrollers. Also, the rising preference for microcontrollers as a result of their optimal performance in managing all the components of a vehicle to offer better driving experiences, is resulting in the expansion of the market.
Moreover, the government initiatives towards installing safety features such as anti-lock braking systems in the automotive to prevent road accidents are burgeoning the development of the automotive microcontrollers industry. Further, the development of autonomous and semi-autonomous vehicles and the ADAS technologies are creating a huge demand for microcontrollers, thereby augmenting the market. The innovative technological advancements for the product made by the industry players are anticipated to stimulate the market for automotive microcontrollers in the forecast period.
The report gives a detailed analysis of the following key players in the global automotive microcontrollers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
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| Breakup by Application |
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| Breakup by Bit Size |
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| Breakup by Material Type |
|
| Breakup by Connectivity |
|
| Breakup by Technology |
|
| Breakup by Vehicle Type |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global automotive microcontrollers market attained a value of nearly USD 12.60 billion.
The market is assessed to grow at a CAGR of 7.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 24.12 billion by 2032.
The major industry drivers are growing adoption of advanced vehicles with electrical components by customers, development of autonomous vehicles, and exceptional characteristics of microcontrollers such as higher processing performance, more power efficiency, and improved accuracy.
The key industry trends guiding the rising electrification of vehicles, government initiatives, and technological advancements in microcontrollers.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various applications of the market are powertrain and chassis, safety and security, body electronics, and telematics and infotainment.
The different market divisions, based on bit size, include 8-bit microcontrollers, 16-bit microcontrollers, 32-bit microcontrollers, and 32-bit microcontrollers fusion box.
The significant market divisions, based on material type, include tinned steel automotive microcontrollers, nickel-cobalt ferrous alloy automotive microcontrollers, and copper alloy automotive microcontrollers.
The major market divisions, based on connectivity, include V2V connectivity, V2I connectivity, and V2C connectivity.
The different market divisions, based on technology, include park assist system, blind spot detection system, ACC, and TPMS.
The various market divisions, based on vehicle type, consist of passenger cars, commercial vehicles, and electric vehicles.
The major players in the industry are Analog Devices, Inc., Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors N.V., Texas Instruments Incorporated, Toshiba Electronic Devices & Storage Corporation, and STMicroelectronics International N.V., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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