Global and United States IoT Microcontroller (MCU) Market Report & Forecast 2022-2028

A microcontroller (MCU for microcontroller unit) is a small computer on a single metal-oxide-semiconductor (MOS) integrated circuit chip. In modern terminology, it is similar to, but less sophisticated than, a system on a chip (SoC); a SoC may include a microcontroller as one of its components. A microcontroller contains one or more CPUs (processor cores) along with memory and programmable input/output peripherals. Program memory in the form of ferroelectric RAM, NOR flash or OTP ROM is also often included on chip, as well as a small amount of RAM. Microcontrollers are designed for embedded applications, in contrast to the microprocessors used in personal computers or other general purpose applications consisting of various discrete chips. At present, microcontroller is employed substantially across many automated Internet of Things products and devices such as power tools, remote controls, office machines, automobile engine controls, and medical devices.
Market Analysis and Insights: Global and United States IoT Microcontroller (MCU) Market
This report focuses on global and United States IoT Microcontroller (MCU) market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global IoT Microcontroller (MCU) market size is estimated to be worth US$ 3885.3 million in 2022 and is forecast to a readjusted size of US$ 7385.8 million by 2028 with a CAGR of 11.3% during the review period. Fully considering the economic change by this health crisis, by Type, 8 bit MCU accounting for % of the IoT Microcontroller (MCU) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Consumer Electronics was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global IoT Microcontroller (MCU) key players include NXP Semiconductors, Microchip Technology, Renesas Electronics, Silicon Laboratories, STMicroelectronics, etc. Global top five manufacturers hold a Production Share over 55%. North America accounts for the most Production Market Share, which have a share over 40%, followed by Europe. In terms of product, 32 bit is the largest segment, with a Production Share over 50%. And in terms of application, the largest application is Consumer Electronics, followed by Smart Homes.
Global IoT Microcontroller (MCU) Scope and Market Size
IoT Microcontroller (MCU) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global IoT Microcontroller (MCU) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the IoT Microcontroller (MCU) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
8 bit MCU
16 bit MCU
32 bit MCU
Segment by Application
Consumer Electronics
Automotive
Healthcare
Industrial
Smart Homes
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
NXP Semiconductors
Microchip Technology
Renesas Electronics
Silicon Laboratories
STMicroelectronics
Infineon Technologies
Texas Instruments
Maxim Integrated (Analog Devices)
Nuvoton
GigaDevice
Qingdao Eastsoft

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