Automotive Microcontrollers Market 2017 -2022 in-Depth Analysis with Key Players, Size, Share, Trends, Industry Forecast

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The global Automotive Microcontrollers Market size is estimated to be USD 989.2 Million in 2017 and is projected to grow to USD 1,886.4 Million by 2022, at a CAGR of 13.78%.
The research methodology used in the report involves various secondary sources such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries and suppliers have been interviewed to understand the future trends of the automotive microcontrollers market. Both, bottom-up and top-down approaches have been used to estimate and validate the size of the global automotive microcontrollers market. The market size, by volume, is derived by identifying the region-wise production volumes and analyzing the demand trends. The market size, by value, is derived by multiplying the average selling price of automotive microcontrollers by the number of microcontrollers installed in the automobiles of that region.
The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.
Target Audience of Automotive Microcontrollers Market:
  • Automotive microcontroller manufacturers
  • Automobile manufacturers
  • Microcontroller design companies
  • Automobile organizations/associations
  • Microcontroller suppliers
  • Raw material suppliers for microcontrollers
  • Traders and distributors of microcontrollers
  • Manufacturers of automotive microcontrollers for passenger cars, light commercial vehicles, and heavy commercial vehicles
  • Automotive wires and cables manufacturers
  • Raw material suppliers
  • Automotive component manufacturers
  • Tier 1, Tier 2, and Tier 3 suppliers
  • Distributors and suppliers of automotive components/parts
Automotive Microcontrollers Market, By Connectivity:
  • Vehicle to Vehicle (V2V) Connectivity
  • Vehicle to Infrastructure (V2I) Connectivity
  • Vehicle to Cloud (V2C) Connectivity
Asia-Pacific: Rapid vehicle electrification in Chinese market is propelling the growth of Asia-Pacific market
With the convergence of ICT, automotive, and transportation sectors, the Asia-Pacific region has witnessed a growing demand for technologically advanced cars. This has resulted in the emergence of the advanced vehicle ecosystem. Further, the upcoming safety regulations would increase the installation of automotive safety technologies in passenger cars. The emergence of driving assistance technologies have incentivized the OEMs to opt for efficient microcontrollers to meet the ongoing market requirement. Thus, the increasing use of technology is expected to push the demand for microcontrollers in cars in the Asia-Pacific market.
Global players:
The global automotive microcontrollers market is dominated by a few players such as NXP Semiconductors N.V. (Netherlands), Infineon Technologies AG (Germany), Toshiba Corp. (Japan), and Texas Instruments Inc. (U.S.) along with other tier I and II suppliers.
Source:
https://www.marketsandmarkets.com/Market-Reports/automotive-microcontroller-market-162948952.html
https://www.marketsandmarkets.com/PressReleases/automotive-microcontroller.asp

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