This year, worldwide microcontroller revenue is expected to reach nearly $23 billion. This is an increase of 8 percent driven by demand in the automotive and industrial markets. The majority of revenue is by far in the 32-bit resolution products. The 32-bit market is growing on average at 8 percent per year, while the 8-bit market is steady at 6 percent per year. This tracker provides detailed forecasts for all microcontrollers including products used in smart cards and USB applications. Forecasts are provided by region, market segment, application, and by product type. Market share is also provided by region and by market segment.
The microcontroller market is dominated by the automotive and industrial segments. Combined, these two markets constitute 87 percent of worldwide revenue for these processors. Both markets are expected to experience recovery in 2016 so the revenue for worldwide microcontrollers is expected to reach a high of nearly $17 billion. This market tracker provides forecasts for microcontrollers split out by region, market segment, application, and by product type. Data includes 8-bit, 16-bit, 32-bit products used in each application market as well as IC card applications. Market share is also provided.
The microcontroller market is expected to reach $16.3 billion this year which is a 6 percent increase from 2015. These products are used in all application markets, but have high demand in the automotive and industrial market. While the automotive market is expected to continue to remain flat, the demand in the industrial market is expected to perform well which will provide this segment with moderate growth this year. This tracker provides forecasts for microcontrollers by region, market segment, application, resolution, and by product type. Market share is also provided.
Following a drop in ASPs of close to 12 percent this year, the Microcontroller market is only expected to advance in worldwide revenue by 4 percent while unit shipments grow by 17 percent. Long term, this market should grow at a compound annual growth rate of 6 percent. Microcontrollers are used in all five market segments for electronics, but the largest market is the automotive segment and industrial embedded computing segment. This tracker provides forecasts for all resolutions of microcontrollers by market segment, application market, region, and product type. IC cards are included as well as USB controllers. Market share is also provided by region and market segment.