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Automotive Microcontrollers (MCU) Market by Application (Powertrain & Chassis, Safety & Security, Body Electronics, Telematics & Infotainment), Bit Size (8-Bit Microcontrollers, 16-Bit Microcontrollers, 32-Bit Microcontrollers, 32-Bit Microcontrollers Fusion Box), Connectivity (V2V Connectivity, V2I Connectivity, V2C Connectivity), Technology (Park Assist System, Blind Spot Detection System, ACC, TPMS), EV Type, Vehicle Type and Region Global Trends and Forecast From 2022 To 2029
The global Automotive Microcontrollers (MCU) market is expected to grow at 7.9 % CAGR from 2020 to 2029. It is expected to reach above USD 27.71 billion by 2029 from USD 10.31 billion in 2020.
Segment Analysis
The global automotive microcontroller market is segmented based on application, bit size, connectivity, technology, EV type, vehicle type, and region. By application, the market is bifurcated into powertrain & chassis, safety & security, body electronics, telematics & infotainment. By bit size, the market is bifurcated into 8-bit microcontrollers, 16-bit microcontrollers, 32-bit microcontrollers, and 32-bit microcontrollers fusion boxes. By connectivity, the market is bifurcated into v2v connectivity, v2i connectivity, and v2c connectivity. By technology, the market is bifurcated into park assist systems, blind spot detection systems, acc, and TPMS. By electric vehicle the market is bifurcated into BEV, HEV, PHEV, FCEV. By vehicle, the market is bifurcated into passenger cars and commercial vehicles.
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