Frequently Asked Questions
The 32-bit microcontroller segment is currently dominating the microcontroller market, owing to its optimal balance between performance, power consumption, and cost, making it ideal for a wide range of applications in industries such as automotive, industrial, and consumer electronics.
U.S. is expected to dominate the microcontroller market from North America, driven by increasing penetration of smartphones, tablets and other consumer durable electronic gadgets coupled with increasing industrial automation will bolster in market growth rate in the upward direction.
North America dominates the microcontroller market and will continue to extend its trend of dominance during the forecast period. Presence of semiconductor major players is one of the major factors fostering the growth of microcontroller market in this region.
India is expected to witness the highest CAGR in the microcontroller market from the APAC region, driven by the rapid adoption of digital technologies, growing demand for consumer electronics, and increasing investments in the semiconductor and automotive industries.
