32-bit Microcontrollers Dominated the Microcontroller Market
The size of the microcontroller market was about $19 billion in 2021, and will reach about $44 billion by 2030, at a growth rate of 10% in the future. The growth industry can be attributed to the increasing demand for microcontrollers in the automotive sectors, the increasing acceptance of medical and healthcare devices, and the increasing use of IoT devices.
32-bit microcontrollers had over 40% share in the past, and will grow at a rate of over 10% in the years to come. This growth has a lot to do with the increasing use of 32-bit microcontrollers in the automotive industry and the decrease in prices of microcontrollers. Further, strict regulations of the government and quality standards for emissions will boost the acceptance of these microcontrollers globally.
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The size of the microcontroller market was about $19 billion in 2021, and will reach about $44 billion by 2030, at a growth rate of 10% in the future. The growth industry can be attributed to the increasing demand for microcontrollers in the automotive sectors, the increasing acceptance of medical and healthcare devices, and the increasing use of IoT devices.
32-bit microcontrollers had over 40% share in the past, and will grow at a rate of over 10% in the years to come. This growth has a lot to do with the increasing use of 32-bit microcontrollers in the automotive industry and the decrease in prices of microcontrollers. Further, strict regulations of the government and quality standards for emissions will boost the acceptance of these microcontrollers globally.
Read More: https://www.psmarketresear...
Microcontroller Market Size and Growth Insights, 2022-2030
The global microcontroller market size stood at $18.80 billion in 2021, and the APAC microcontroller market accounted for the largest revenue share, of around 40.0%, in 2021.
https://www.psmarketresearch.com/market-analysis/microcontroller-market
11 months ago
