Global Microcontroller Market to Reach US$ 38.9 Billion by 2027, Impelled by the Expanding Automotive Industry

September 16, 2022

The latest report by IMARC Group, titled “Microcontroller Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global microcontroller market size reached US$ 22.3 Billion in 2021. A microcontroller, also known as a microcontroller unit (MCU), is an integrated circuit (IC) device consisting of a processor, programmable input/output peripheral, and memory (RAM, ROM, and EPROM). It is a small-sized, self-contained microcomputer designed to perform a task embedded in the system. It is installed in electronic devices such as office machinery, home appliances, power tools, toys, and remote controls to ensure smooth management of devices and prevent error occurrence activities. As a result, microcontrollers are extensively used in commercial vehicles, passenger cars, consumer electronics, office machines, security systems, scanners, and ATMs.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Microcontroller Market Trends:

The market is primarily driven by the expanding automotive industry and the increasing usage of microcontrollers in various vehicle electronics, such as in-vehicle infotainment (IVI) systems, telematics, instrument clusters, and advanced safety systems. Along with this, the rising incorporation of artificial intelligence (AI) advanced driver assistance systems (ADAS) in self-driving cars by major automotive original equipment manufacturers (OEM) is escalating the demand for MCUs. In addition, with significant developments in the healthcare industry, microcontrollers are widely utilized in spirometers, heart rate monitors, portable medical devices, such as blood-glucose monitors, blood pressure monitors, and pulse oximeters, due to their small size, minimized costs, and low-power consumption. This, coupled with the growing geriatric population and increasing prevalence of health disorders, are positively influencing the market growth. Furthermore, the rising proliferation of smart grid systems has also escalated the requirement for microcontrollers across the globe. Other factors, such as various technological advancements, the rising adoption of the internet of things (IoT), and the surging need for consumer electronics with greater speed and higher functionality, are creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 38.9 Billion by 2027, exhibiting a CAGR of 10.4% during the forecast period (2022-2027).

Market Summary:

  • Based on the product type, the market has been classified into 8-bit, 16-bit, 32-bit, 64-bit, and others.
  • On the basis of the architecture, the market has been classified into 8051 architecture, AVR architecture, PIC architecture, ARM architecture, and others.
  • Based on the memory, the market has been bifurcated into embedded and external memory microcontrollers.
  • On the basis of the application, the market has been segmented into automotive (powertrain and chassis, body electronics, safety and security systems, and infotainment and telematics), consumer devices, industrial, and others.
  • Region-wise, the market has been divided into Asia Pacific, Europe, North America, Latin America, and Middle East and Africa.
  • The competitive landscape of the industry has also been examined in the report, with detailed profiles of key players operating in the industry.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Microcontroller Market to Reach US$ 38.9 Billion by 2027, Impelled by the Expanding Automotive Industry
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More