Microcontrollers Market : Applications, Technology Trends, Growth Drivers and Challenges – Semiconductor &...

4 weeks ago, Mon, Oct 23, 2017, 03:10:51
Microcontrollers Market : Applications, Technology Trends, Growth Drivers and Challenges – Semiconductor &...
The global microcontroller market is expected to grow at a CAGR of 6.9% during 2016 - 2022. Among the various bit sizes, the 32-bit segment held the largest share in the global microcontroller market in 2015. The rapidly developing automobile industry and surge in the smart grid projects is expected to be one of the primary factors driving the demand for microcontrollers during the forecast period. Majority of the programmable microcontrollers that are used presently are embedded in other consumer products or machinery including mobile phones, automobiles, household appliances and peripherals for computer systems. Owing to this, a microcontroller is sometimes also coined as embedded controller.

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