Semiconductors and Electronics Market Research Report Microcontroller Market Research Report Up To 2020 | Page 3
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growing application segment over the foreseeable period. MCUs are used to attain fuel
efficiency and emission control in hybrid electric vehicles. These vehicles offer an excess of
environmental benefits and are gaining reputation, as a result boosting the demand for
microcontrollers market. The industrial segment is the second major sector followed by
automotive segment in terms of revenue share in 2013. In this industrial sector, microcontrollers
allow feedback control mechanisms and industrial automation to shore up advanced sensors.
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Regional Insights
Asia Pacific was the largest market in 2013 and covered over 35% of the market on basis of
revenue as well as volume. It is also estimated to show the maximum growth rate of 7.88% from
2014 to 2020. This can be credited to growing demand for consumer electronics and
automobiles in this region. Outsourcing withi n this industry has also risen in the Asia Pacific
market, which results in decreasing price of 32-bit and 16-bit chips.
Competitive Insights
Some key players operating in the global market include Microchip Technology Inc., Renesas
Electronics Corporation, Texas Instruments, Dallas Semiconductor, Atmel Corp., Freescale
Semiconductor, National Semiconductor, Fujitsu Semiconductor, STMicroelectronics, Samsung
Semiconductor, Infineon Technologies, ZiLog, Silicon Labs, Fairchild Semiconductor, Analog
Devices, and Intel Corp. among others.
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