Semiconductors & Electronics Industry Microcontroller Market Share and Size, 2020

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Microcontroller Market Size, Share, Growth, Global Industry Analysis and Forecast to 2020 - Hexa Research Global microcontroller market is estimated to be valued at USD 26.9 billion by 2020, as per a new research report by HexaResearch. Growing demand in key application areas such as automotive, consumer electronics and healthcare is expected to boost industry growth over the forecast period. Price reduction and quality enhancement may be achieved with the increasing deployment in healthcare industry. Moreover, increasing consumer awareness regarding energy efficient hybrid electric vehicles is likely to favor growth prospects. Proliferation of smart grid systems is expected to drive microcontroller market growth over the forecast period. These systems consist of digital communication and remote control facility, which in turn increases the demand of microcontrollers globally. However, economic slowdown in the industry is likely to pose challenges to industry participants. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/