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8-Bit Microcontroller Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 149 Pages
  • September 2023
  • Region: Global
  • IMARC Group
  • ID: 5633220

Quick Summary:

Thrive in the rapidly evolving technology landscape by harnessing the insights in the comprehensive market research report on the global 8-bit microcontroller market. 8-bit microcontrollers, known for their significant role in enhancing performance in a wide array of industries, are garnering increased attention owing to their low power consumption and high-tech peripherals. Manufacturers around the globe are now integrating these devices, often in innovative shapes and sizes, with advanced features such as complex hardware security, multiple cores, and internet capabilities.

Understanding the driving forces behind growth in 8-bit microcontroller market has never been more critical – this report is your tool for navigating this complex terrain. Increasing use of microcontrollers in the automobile and health sectors, the Internet of Medical Things (IoMT), home automation trends, and the surge in smart appliance usage all play significant roles in the forecasted rise. Moreover, we evaluate significant sub-segments, providing forecast trends at global, regional, and country-level. Whether your focus is on product type or end-use industry, this report offers targeted analysis to enhance your strategic planning process.

The global 8-bit microcontroller market size reached US$ 7.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

An 8-bit microcontroller contains an 8-bit central processing unit (CPU) and a set of high-performance state-of-the-art peripherals, such as memory, controllers, interfaces and external hardware, to assist with computation. It is widely utilized in word processing, gaming software, music development, spreadsheets, and task management as it consumes low power and improves computer performance. Nowadays, manufacturers around the world are introducing modern 8-bit microcontrollers in various shapes and sizes integrated with complex features, including multiple cores, advanced hardware security and internet capabilities.


8-Bit Microcontroller Market Trends:

8-bit microcontrollers are incorporated in the electronics of vehicles to withstand extreme environmental conditions and stress. This, in confluence with the boosting sales of passenger vehicles on account of rapid urbanization, inflating income levels, and improving road infrastructure, represents one of the key factors contributing to the market growth. Apart from this, the escalating use of smart medical device technology in telehealth and remote patient monitoring is catalyzing the demand for 8-bit microcontrollers in nebulizers and syringe pumps to facilitate continuous drug delivery or real-time dosing control. This can also be attributed to the emerging trend of the Internet of Medical Things (IoMT), which gathers and implements medical tools connected to public healthcare technology infrastructure via internet-based communications systems. Moreover, the home automation trend, coupled with the growing demand for miniature devices, are driving the usage of 8-bit microcontrollers in consumer electronics and home appliances like washing machines and microwave ovens. Besides this, the rising application of heating, ventilation, and air conditioning (HVAC) systems in schools, airports, hospitals and residential, and commercial buildings is anticipated to create a positive outlook for the market across the globe.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global 8-bit microcontroller market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product type and end use industry.

Breakup by Product Type:

  • Less Than 80 Pins
  • 80-120 Pins
  • More Than 120 Pins

Breakup by End Use Industry:

  • Automotive
  • Aerospace and Defense
  • Consumer Electronics and Home Appliances
  • Healthcare
  • Data Processing and Communication
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Analog Devices Inc., Holtek Semiconductor Inc., Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, Seiko Epson Corporation, Silicon Laboratories Inc., Sony Group Corporation, STMicroelectronics N.V., Texas Instruments Incorporated and Zilog Inc. (Littelfuse Inc.).

Key Questions Answered in This Report:

  • How has the global 8-bit microcontroller market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global 8-bit microcontroller market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global 8-bit microcontroller market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global 8-Bit Microcontroller Market

What is the estimated value of the Global 8-Bit Microcontroller Market?

The Global 8-Bit Microcontroller Market was estimated to be valued at $7.7 Billion in 2022.

What is the growth rate of the Global 8-Bit Microcontroller Market?

The growth rate of the Global 8-Bit Microcontroller Market is 6.8%, with an estimated value of $11.4 Billion by 2028.

What is the forecasted size of the Global 8-Bit Microcontroller Market?

The Global 8-Bit Microcontroller Market is estimated to be worth $11.4 Billion by 2028.

Who are the key companies in the Global 8-Bit Microcontroller Market?

Key companies in the Global 8-Bit Microcontroller Market include Analog Devices Inc., Holtek Semiconductor Inc., Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, Seiko Epson Corporation, Silicon Laboratories Inc. and Sony Group Corporation.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global 8-Bit Microcontroller Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Less Than 80 Pins
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 80-120 Pins
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 More Than 120 Pins
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by End Use Industry
7.1 Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Aerospace and Defense
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Consumer Electronics and Home Appliances
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Healthcare
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Data Processing and Communication
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Analog Devices Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Holtek Semiconductor Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3 Infineon Technologies AG
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Microchip Technology Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 NXP Semiconductors N.V.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Renesas Electronics Corporation
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Seiko Epson Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Silicon Laboratories Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 Sony Group Corporation
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 STMicroelectronics N.V.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 Texas Instruments Incorporated
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Zilog Inc. (Littelfuse Inc.)
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio

Companies Mentioned

  • Analog Devices Inc.
  • Holtek Semiconductor Inc.
  • Infineon Technologies AG
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • Renesas Electronics Corporation
  • Seiko Epson Corporation
  • Silicon Laboratories Inc.
  • Sony Group Corporation
  • STMicroelectronics N.V.
  • Texas Instruments Incorporated
  • Zilog Inc. (Littelfuse Inc.)

Methodology

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