The global automotive microcontrollers market reached a value of D 12.60 Billion in 2024. The industry is further expected to grow at a CAGR of 7.50% in the forecast period of 2025-2034 to reach a value of around USD 25.97 Billion by 2034.
Moreover, the government initiatives towards installing safety features such as anti-lock braking systems in the automotive to prevent road accidents are burgeoning the development of the automotive microcontrollers industry. Further, the development of autonomous and semi-autonomous vehicles and the ADAS technologies are creating a huge demand for microcontrollers, thereby augmenting the market. The innovative technological advancements for the product made by the industry players are anticipated to stimulate the market for automotive microcontrollers in the forecast period.
Rising Demand for 32-Bit Microcontrollers to Bolster the Market Growth of Automotive Microcontrollers
Based on bit size, the 32-bit microcontrollers are witnessing heightened demand due to the increasing complexity in automotive electronics and the need for fewer components. This has been propelling the overall market growth. In addition, they offer higher processing performance, more power efficiency, and improved accuracy for a broad range of small- and large-scale applications. Moreover, the wide range of 32-bit microcontrollers provided by leading industry players is also contributing to the expansion of the automotive microcontrollers industry. For instance, Infineon offers the AURIX Family of 32-bit high power microcontrollers, which provides advanced safety and security features for the automotive industry. Further, the research activities to use the 32-bit microcontrollers in various applications of vehicles are expected to impel the market for automotive microcontrollers in the forecast period.The Asia Pacific to Account for a Substantial Market Share in the Automotive Microcontrollers Industry
The rising production of automobiles owing to the strong presence of industry players and the growing inclination of customers towards the advanced electronics, safety and security features in the vehicles are significantly catalysing the development of the automotive microcontroller industry in the Asia Pacific region. In addition, the government measures towards safeguarding the lives of passengers and pedestrians are boosting the installation of several safety features, thereby invigorating the market growth of the automotive microcontroller.Automotive Microcontrollers: Market Segmentation
The automotive microcontroller is a single-chip microprocessor that can manage all aspects of drive control and plays a critical role in battery management. It helps calculate and monitor elements such as the amount of injected fuel by gathering the data, performing the calculations, and making the necessary adjustments in significantly less time.Market Breakup by Application
- Powertrain and Chassis
- Safety and Security
- Body Electronics
- Telematics and Infotainment
Market Breakup by Bit Size
- 8-Bit Microcontrollers
- 16-Bit Microcontrollers
- 32-Bit Microcontrollers
- 32-Bit Microcontrollers Fusion Box
Market Breakup by Material Type
- Tinned Steel Automotive Microcontrollers
- Nickel-Cobalt Ferrous Alloy Automotive Microcontrollers
- Copper Alloy Automotive Microcontrollers
Market Breakup by Connectivity
- V2V Connectivity
- V2I Connectivity
- V2C Connectivity
Market Breakup by Technology
- Park Assist System
- Blind Spot Detection System
- ACC
- TPMS
Market Breakup by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles
- Battery-Powered Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Fuel Cell Electric Vehicles (FCEV)
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Growing Electrification of Automotives to Drive the Market Growth of Automotive Microcontrollers
The expanding use of electronic components in automobiles owing to cost-effectiveness and the need to eliminate unwieldy wires are providing impetus to the market growth of automotive microcontroller. In addition, the growing demands for energy-efficient and luxurious vehicles are also fuelling the market growth of automotive microcontrollers. Also, the rising preference for microcontrollers as a result of their optimal performance in managing all the components of a vehicle to offer better driving experiences, is resulting in the expansion of the market.Moreover, the government initiatives towards installing safety features such as anti-lock braking systems in the automotive to prevent road accidents are burgeoning the development of the automotive microcontrollers industry. Further, the development of autonomous and semi-autonomous vehicles and the ADAS technologies are creating a huge demand for microcontrollers, thereby augmenting the market. The innovative technological advancements for the product made by the industry players are anticipated to stimulate the market for automotive microcontrollers in the forecast period.
Key Industry Players in the Global Automotive Microcontrollers Market
The report gives a detailed analysis of the following key players in the global automotive microcontrollers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Analog Devices, Inc.
- Infineon Technologies AG
- Microchip Technology Inc.
- NXP Semiconductors N.V.
- Texas Instruments Incorporated
- Toshiba Electronic Devices & Storage Corporation
- STMicroelectronics International N.V.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Automotive Microcontrollers Market Analysis
6 North America Automotive Microcontrollers Market Analysis
7 Europe Automotive Microcontrollers Market Analysis
8 Asia Pacific Automotive Microcontrollers Market Analysis
9 Latin America Automotive Microcontrollers Market Analysis
10 Middle East and Africa Automotive Microcontrollers Market Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code- 854231)
14 Price Analysis
15 Competitive Landscape
Companies Mentioned
- Analog Devices, Inc.
- Infineon Technologies AG
- Microchip Technology Inc.
- NXP Semiconductors N.V.
- Texas Instruments Incorporated
- Toshiba Electronic Devices & Storage Corporation
- STMicroelectronics International N.V.