Pre & Post COVID-19 Market Estimates-Automotive Microcontrollers Market 2019–2023 | Increased Electronic Content in Vehicles to Boost Growth | Technavio
Technavio has been monitoring the automotive microcontrollers market and it is poised to grow by USD 0.26 billion during 2019–2023, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Infineon Technologies AG, NXP Semiconductors NV, Renesas Electronics Corp., STMicroelectronics International NV, and Texas Instruments Inc. are some of the major market participants. The increased electronic content in vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased electronic content in vehicles has been instrumental in driving the growth of the market.
Automotive Microcontrollers Market 2019–2023: Segmentation
Automotive microcontrollers market is segmented as below:
- Capacity
- Geographic Landscape
- 32-bit Microcontroller
- 16-bit Microcontroller
- 8-bit Microcontroller
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download latest free sample report of 2020–2024: https://www.technavio.com/talk-to-us?report=IRTNTR31772
Automotive Microcontrollers Market 2019–2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive microcontrollers market report covers the following areas:
- Automotive Microcontrollers Market Size
- Automotive Microcontrollers Market Trends
- Automotive Microcontrollers Market Industry Analysis
This study identifies development of new flash technology in automotive microcontrollers as one of the prime reasons driving the automotive microcontrollers market growth during the next few years.
Automotive Microcontrollers Market 2019–2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive microcontrollers market, including some of the vendors such as Infineon Technologies AG, NXP Semiconductors NV, Renesas Electronics Corp., STMicroelectronics International NV, and Texas Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive microcontrollers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
