Question 1

How will the North American microcontroller sector fare through 2027?

Accepted Answer

The North America market held a 15% revenue share during 2020 and is likely to grow substantially by 2027 with growing R&D in surveillance and combat drones.

Question 2

What is the projected growth rate of the microcontroller market size?

Accepted Answer

The global market for microcontrollers was valued at USD 15 billion in 2020 and is estimated to grow at a robust 6.5% CAGThe global market for microcontrollers was valued at USD 15 billion in 2020 and is estimated to grow at a robust 6.5% CAGR up to 2027. R up to 2027.

Question 3

How will automotive applications drive microcontroller industry trends?

Accepted Answer

Automotive applications accounted for around 35% industry share in terms of revenue during 2020 and will grow at a healthy 10% CAGR through 2027.

Question 4

Why is the 32-bit microcontroller segment witnessing a steady expansion?

Accepted Answer

The 32-bit microcontrollers captured 40% of the market share in 2020 and their demand will grow at an 8% CAGR through 2027 on account of benefits such as high scalability and low power consumption.

Microcontroller Market Share

Microcontroller Market Share

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