DUBLIN, June 24, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/3z67fz/global) has announced the addition of the "Global Microcontroller Market 2015-2019" report to their offering.
The analysts forecast the global microcontroller market to grow at a CAGR of 7.43% in terms of revenue during the period 2014-2019.
Microcontrollers are microcomputers operate on ICs that comprise processors, memory units, and programmable input/output peripherals. These are low-power, low-cost embedded chips with data memory and programming built onto them. Microcontrollers are used for different applications; for instance, in remote controls, in consumer electronic devices, such as washing machines and microwave ovens, and in automobiles for engine control. In addition, they are widely used in industrial automation systems, which is gaining traction these days.
The increasing adoption of touchscreen devices (referred to as "smart devices") such as smartphones, laptops, monitors, public displays, music players, and gaming consoles is expected to increase the shipment of microcontrollers. Touchscreen sensors in the automotive and industrial segments will also drive the market in the near future. Several industries are undergoing automation, which requires microcontrollers to be used in sensors. The demand for these devices is high, particularly in the developing countries in APAC.
According to the report, the automotive and industrial segments are the two crucial segments contributing to the growth of the overall market. MCUs are increasingly used in automobiles for applications such as lane detection, parking systems, accident detectors, and sensors. The demand for automobiles embedded with such microcontrollers is increasing significantly. In addition, several industries in many regions are becoming more automated. Automation involves the deployment of MCUs in sensors to perform specific tasks, which will result in market growth.
Further, the report states that the lengthy and intensive development process tends to delay the time-to-market of end products.
The following are the application segments considered to calculate the market size in this report:
- Automotive segment
- Consumer electronics segment (cellphones and smartphones, tablets, and other consumer electronics)
- Industrial segment
The report provides information about the following three types of microcontrollers:
- 32-bit microcontrollers
- 16-bit microcontrollers
- 8-bit microcontrollers
- Freescale Semiconductor
- Infineon Technologies
- Renesas Electronics
Other Prominent Vendors
- Microchip Technology
- NXP Semiconductors
- Texas Instruments
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Microcontroller Landscape
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by Product
- Market Segmentation by Geography
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Market Summary
For more information visit http://www.researchandmarkets.com/research/3z67fz/global
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets