Automotive Microcontrollers Market Analysis

Automotive Microcontrollers Market Analysis

To get key market trends

  Download Free Sample

Based on application, the market is divided into powertrain & chassis, safety & security, body electronics, telematics & infotainment, ADAS, and others. The powertrain & chassis segment dominated the global market with a share of over 30% in 2023.
 

• The increasing adoption of Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) is a major factor promoting microcontroller adoption in the powertrain segment. Microcontrollers are essential for managing electric powertrains including battery management, motor control, and power electronics.
   

• Microcontrollers contribute to vehicle dynamics and chassis control systems, ensuring stability, traction & overall safety. Electronic Stability Control (ESC) and Anti-lock Braking System (ABS) are examples of chassis control systems that rely on microcontrollers to improve vehicle safety.
   

Based on bit size, the market is segmented into 8-bit microcontrollers, 16-bit microcontrollers, and 32-bit microcontrollers. The 32-bit microcontrollers segment is anticipated to register a CAGR of over 10% till 2032.
 

• 32-bit microcontrollers offer significantly higher processing power compared to their 8-bit and 16-bit counterparts. The automotive industry is increasingly relying on advanced applications, such as ADAS, autonomous driving & in-car infotainment systems, which demand enhanced processing capabilities and performance.
   
• Modern vehicles are becoming more connected, requiring microcontrollers to manage communication protocols and handle large amounts of data exchange. 32-bit microcontrollers offer better support for connectivity features including Controller Area Network (CAN) & Ethernet, contributing to improved vehicle-to-vehicle and vehicle-to-infrastructure communication.
   

North America dominated the global automotive microcontrollers market with a share of over 35% in 2023. North American companies are actively involved in the development and testing of autonomous driving technologies. Microcontrollers play a critical role in processing real-time data from various sensors, enabling decision-making in autonomous vehicles. The region has a strong presence of leading automotive manufacturers, technology companies, and research institutions. Ongoing research & development activities in North America contribute to the innovation and advancement of automotive technologies including microcontrollers. North America is also witnessing a high demand for in-car connectivity, infotainment systems, and advanced features among consumers. Automotive microcontrollers facilitate the integration of these technologies, meeting the expectations of tech-savvy consumers.