(MENAFN- The Express Wire) Global 8 bit microcontroller Market Top Countries Data 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to Research Report By 360 Market Updates
Posted on Aug 4 2020 5:46 AM
"8 bit microcontroller Market 2020 Industry Report analyzed in detail with all the vital data to frame tactical business judgments and propose strategic growth plans. This report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.
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Global ' 8 bit microcontroller Market Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the 8 bit microcontroller in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.8 bit microcontroller Market report categorizes the market based on manufacturers, regions, type, and application. 8 bit microcontroller Market reports offer a detailed assessment of the 8 bit microcontroller including enabling technologies, current market situation, market assumptions, restraining factors.
The Global 8 bit microcontroller market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The 8-Bit microcontroller market was valued at USD 7.38 billion in 2017, and it is expected to reach a value of USD 9.95 billion by 2023 at a CAGR of 5.11%, during the forecast period (2018 - 2023). This report covers the 8-bit microcontrollers used in various end-user verticals, which include automotive, consumer goods, home appliances, healthcare, industrial electronics, data processing, communications, and others. While the regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Growing Consumption of Smartphones
The increasing penetration of smartphones in emerging nations and the availability of smartphones in various price ranges are affecting the growth of the market. Connected technologies and cloud technologies are being integrated into smartphones, resulting in adoption from various verticals for business and industrial purposes. Global smartphone shipments have doubled in the last four years, reaching 1.4 billion in 2016, from 725 million units in 2012. Microcontrollers are deployed in the devices to enable interfacing and control among various components. Microcontrollers support as co-processors in smartphones, tablets, and wearable devices. Thus, the growing consumption of smartphones, is driving the demand for microcontrollers in the industry.
Asia-Pacific Holds the Major Market Share among the Regions
The market in this region is expected to witness the highest growth rate during the forecast period due to the rising automation sector, along with consumer goods. Hybrid electric vehicles are witnessing growing demand in the region, owing to its superior performance and low polluting capabilities. Also, it was estimated that Asia-Pacific region has more than 1 billion smartphone users. The propagation of cheaply manufactured devices and a drop in the cost of service plans in particular markets like China, India have helped to drive smartphone uptake across Asia-Pacific, which is one of the prime contributing factors for the market share of the 8-bit microcontrollers in the market.
Growing Adoption of Microcontrollers in Automotive Sector
The 8-bit microcontroller market in the automotive industry is majorly impacted due to the number of applications. HVAC systems are one of the major applications for microcontrollers that is greatly influencing the growth rate. Reduction of system size and weight is expected to increase industry growth during the forecast period. Government initiatives to limit global warming are helping in the introduction of energy efficient and green technology solutions. The increasing need for comfort, fuel efficiency and growing adoption of luxury vehicles is further fueling the adoption rate of these systems, thereby, impacting the 8-bit microcontroller market.
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The global 8 bit microcontroller market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
8 bit microcontroller Market Report covers the Top Key-players in 2020:-
- Cypress Communications Inc
- Microchip Technology Inc
- Renesas Electronics
- Stmicroelectronics NV
- Zilog Inc
- Analog Devices
- Infineon Technologies Ag
- Texas Instruments
- Maxim Integrated Products
Highlighted points of 8 bit microcontroller Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This 8 bit microcontroller Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for 8 bit microcontroller? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This 8 bit microcontroller Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of 8 bit microcontroller Market? What Was Capacity, Production Value, Cost and PROFIT of 8 bit microcontroller Market?
- What Is Current Market Status of 8 bit microcontroller Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of 8 bit microcontroller Market by Taking Applications and Types in Consideration?
- What Are Projections of Global 8 bit microcontroller Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is 8 bit microcontroller Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On 8 bit microcontroller Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of 8 bit microcontroller Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for 8 bit microcontroller Industry?
Key Developments in the 8 bit microcontroller Market:
- June 2017: Microchip introduced the industry's first Microcontroller Unit with integrated 2D GPU and integrated DDR2 memory for ground-breaking graphics capabilities, which gives customers the ability to increase their application's color resolution and display size (up to 12 inches) with easy-to-use microcontroller (MCU) based resources and tools including the MPLAB Integrated Development Environment (IDE) and MPLAB Harmony Software Framework.
- May 2017: Renesas Electronics launched R9J02G012 controller that enables device-to-device authentication in support of safer USB power delivery ecosystem.
- March 2017: STMicroelectronics made new designs, with its popular 8-bit STM8 microcontrollers easier and faster by introducing the STM8CubeMX graphical configurator.
Reasons to Purchase This Report
- How the growing adoption of IOT and connected technologies acts as a driver to the global market scenario?
- Analyzing various perspectives of the market with the help of Porter's five forces analysis
- Which regions are expected to witness the fastest growth during the forecast period?
- Identify the latest developments, market shares and strategies employed by the major market players
- 3 months analyst support along with the Market Estimate sheet (in excel)
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Finally, the report Global 8 bit microcontroller Market 2020 describes the 8 bit microcontroller industry expansion game plan, the 8 bit microcontroller industry knowledge supply, appendix, analysis findings, and the conclusion.
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