Semiconductors and Electronics Market Research Report Microcontroller Market Research Report Up To 2020 | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future MCUs are included in several consumer electronics devices, which are projected to augment the MCU market growth. Increasing demand for devices which are compatible with Ethernet and Internet of Things (IoT) is also expected to provide positive avenues to market growth over the foreseeable period. Growing demand for microcontroller chips blended with wireless interface such as NFC, ZigBee and Bluetooth is also anticipated to drive the market growth. Furthermore, unfavorable macroeconomic conditions and moderately fragmented nature of the industry are estimated to slow down the market growth over the next five years. The global market was anticipated to be 17,393.64 million units in 2013, and is estimated to reach 39,108.54 million units by 2020, increasing at a CAGR of 12.34% from 2014 to 2020. On the basis of revenue, the market was esteemed at USD 16,697.19 million in 2013 and is estimated to reach USD 26,984.81 million by 2020, rising at a CAGR of 7.3% from 2014 to 2020. Browse Detail Report with TOC @http://www.hexaresearch.com/researchreport/microcontroller-industry/ Product Insights Based on the thickness and width of the internal bus, microcontrollers are classified into 16-bit, 32-bit, and 4/8-bit. 32-bit MCU segment is ruled the market and accounted over 32% of the total market revenue in 2013. The 32-bit microcontroller segment is also estimated to grow at a fast pace over the forecasted period. Increasing popularity due to decrease in unit prices is estimated to drive 32-bit MCU market. The 16-bit MCU product was the second major product segment covered over 28% of the overall market revenue in 2013. They are used in various applications requiring greater power and faster processing speed requirements such as factory automation, medical applications, automotive, refrigeration, and air conditioning among others. Application Insights Application segments include consumer electronics, automotive, industrial and other applications such as communications and computers. Automotive is the leading application segment and valued for 31% of market volume in 2013 and is also estimated to be the fastest Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/