Automotive MCU Market - Forecast(2021 - 2026)

 Global Automotive MCU Market is forecast to reach $xx billion by 2025, growing at a CAGR of xx% during the forecast period 2020-2025. The growth is attributed to the factors such as technological advancements in automotive industry and the applications of microcontrollers including automobile engine control, operating system, remote control system, automobile audio system, automobile air bag system and others. Moreover government regulations and supports for the automation of automobiles is estimated to boosts the market growth in the forecast period 2020-2025.

Report Coverage
The report: “Automotive MCU Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Automotive MCU Market. 
By Bit Size - 8-Bit Microcontrollers, 16-Bit Microcontrollers, 32-Bit Microcontrollers, Others
By Connectivity - Vehicle to Vehicle (V2V) Connectivity, Vehicle to Infrastructure (V2I) Connectivity, Vehicle to Cloud (V2C) Connectivity By Technology, Park Assist System, Blind Spot Detection System, Adaptive Cruise Control, Tire Pressure Monitoring System, Others
By Material Type - Nickel-Cobalt Ferrous Alloy, Tinned Steel, Copper Alloy, Others
By Vehicle - Passenger vehicle, Commercial vehicle
By Electric Vehicle - BEV, HEV, PHEV, FCEV
By Application - Powertrain & Chassis, Safety & Security, Body Electronics, Telematics & Infotainment, Others
By Geography - Americas, Europe, APAC, RoW.

Key Takeaways
  • Higher execution speed of automotive microcontroller contributes to the market growth. Moreover installation of different safety measures including high temperature control, air bag control, pump control, brake control system, active suspension systems and others boosts the market growth.
  • Microchip installation in the automotive microcontroller increases the communication between the automobile and its moving network, thus improving a vehicle's durability and thereby having a positive effect on the market growth.
  • North America region dominated the Automotive MCU market in 2019 owing to the technological advancements, inclination towards electrification of vehicles and the presence of large number of manufacturers in this region.
 By Bit size- Segment Analysis
32 bit size microcontroller held the largest market share of automotive microcontroller (MCU) in 2019. This market growth is attributed to its applications in electric as well as conventional vehicles. Moreover in automobile products and systems such as automobile engine control and operating system, remote control system, automotive audio system and automotive air bag system deploys the automotive microcontrollers. In January 2019, STMicroelectronics entered into a partnership with Arilou Information Security Technologies. This partnership was formed for addressing the rising interruption through communication buses in automotive body and gateway solicitations. Consequently security to fleet managers and consumers is deliverable through integration of Arilou’s Intrusion Detection and Prevention system (IDPS) Software solution with the ST’s SPC58 Chorus series of 32-bit automotive microcontrollers (MCU). Such partnerships and the growing applications of 32 bit size microcontroller is leveraging a positive impact on the market growth of automotive microcontroller market.

By Electric Vehicle type - Segment Analysis
Hybrid electric vehicle (HEV) is anticipated to hold the highest market share of automotive microcontroller (MCU) market during the forecast period 2020-2025. This is due to the factors such as better fuel economy, better performance, reasonable cost and others. Moreover, growing environmental issues, rising government subsidy programs and the benefits for incrementing the electric vehicle penetration rate are projected to fuel the demand for hybrid electric vehicles which in turn drives the automotive microcontroller market. In June 2018, 16nm 800MHz NXP S32S microcontrollers was launched by NXP. This microcontroller is applicable in autonomous or conventional vehicles for handling the systems that accelerate, brake and steer vehicles safely. Developing autonomous and hybrid electric vehicles through implementation of this microcontroller is advantageous for the car-makers.

By Geography - Segment Analysis
North America held the highest market share of the automotive microcontroller (MCU) market in 2019. This is due to the factor such as increased electronic content in vehicles in arrears to strict regulations for control of vehicle emissions. Moreover, implementation of advanced technology for automobiles to provide comfort and safety to the drivers as well as passengers results in increment in the demand for automotive microcontroller. Furthermore, automotive microcontroller (MCU) market in APAC is expected to grow at highest rate during the forecast period owing to the various factors such as rapid industrialization, substantial investments in infrastructure leading to rise in demand of vehicles. Additionally, increasing adoption of vehicles driven by environmentally friendly fuel alternatives and increasing investment in research and development of vehicle electrification-related systems tends to foster the market growth. In January 2020, an investment of US $110 million was made by Hyundai Motor Company and Kia Motors Corporation in a partnership with Arrival limited for the development of electric commercial vehicles which in turn uplift the demand for microcontroller. Thus such investments and partnerships enhance the growth of automotive microcontroller market. Additionally, strict government regulations on carbon emissions and initiatives for the usage of electrical systems would have a direct effect on business development in the years ahead.

Drivers – Automotive MCU   Market
  • Environmental concerns
Emissions from automobiles is adding pollution to the environment which is already at its alarming level. Consequently the concerns related to environment and health of the people is contributing towards the market growth of electric vehicles. This inclination towards the electric vehicles enhance the automotive microcontroller market.

Challenges – Automotive MCU   Market
  • Complexity in programming
Programming microcontrollers requires specific skills. Moreover synchronization problem may occur when seeking to combine two dissimilar systems into one control system.  Consequently selection of specific programming language is required to be made from the availability of different programming languages. Thus the compatibility problem act as hindrance to the market growth.

Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Automotive MCU   Market. As of 2020, the market for Automotive MCU   is consolidated with the top players including NXP Semiconductors, Toshiba Corp., Texas Instruments Inc., Infineon Technologies AG, Intel Corporation, Fujitsu Semiconductor, ZiLog, Renesas Technology Corp., Dallas Semiconductor, ST Microel-Electronics among others.
Partnerships/Product Launches/Acquisition
  • In March 2020, ultra-low-power microcontrollers (MCU) STM32L5 x2 was launched by STMicroelectronics. This microcontroller provide better security for applications connected through IOT. Clock frequency of this microcontroller is 110MHz and it constructed on the Arm Cortex-M33 32-bit RISC processor core.
  • In October 2019, a microcontroller gigahertz family i.MX RT1170 was launched by NXP Semiconductors N.V. This microcontroller boosts the applications of IOT, automotive, industrial and others owing to its high performance, reliability and level of integration.  
Location: United States

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