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Microcontroller Market Analysis, Recent Trends and Regional Growth Forecast by 2024

(IT-NEWSWIRE.COM, November 08, 2019 )



Request for a sample copy of this report: https://www.imarcgroup.com/microcontroller-market/requestsample



A microcontroller is an integrated circuit, which is installed in electronic devices to perform a specific task. It consists of programmable peripherals, processors and memory, along with multiple serial ports on a single computer chip. It is compact, has low power requirements and is embedded in devices, such as smartphones, microwave ovens, washing machines and laptops. The technologically advanced variants are utilized in marine vessels, aircraft, medical life support systems and robots to perform specialized functions.



According to the latest report by IMARC Group titled, “Microcontroller Market Research Report and Forecast 2019-2024”, the market is expected to grow at a CAGR of around 7% during 2019-2024.



The global market is driven by the thriving healthcare sector, which utilizes the product in heart rate monitors, spirometers and other devices. Furthermore, growth in the automotive industry which employs microcontrollers for operating accelerators, anti-lock brake interfaces and advanced driver assistance systems (ADAS) in automobiles, is also contributing to the market growth. Other factors, including the expansion of smart grid systems and the increasing trend of automation across manufacturing, retail, industrial and military sectors, along with the rising demand for portable electronics that require greater processing speeds and higher functionalities, are projected to drive the market further.



Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/microcontroller-market



Key Market Segmentation:



Breakup by Product Type:



8-Bit

16-Bit

32-Bit

64-Bit

Others



Breakup by Architecture:



8051 Architecture

AVR Architecture

PIC Architecture

ARM Architecture

Others



Breakup by Memory:



Embedded Memory Microcontroller

External Memory Microcontroller



Breakup by Application:



Automotive

Powertrain and Chassis

Body Electronics

Safety and Security Systems

Infotainment and Telematics

Consumer Devices

Industrial

Others



Breakup by Region:



Asia Pacific

Europe

North America

Middle East and Africa

Latin America



Competitive Landscape



The report has also examined the competitive landscape of global microcontroller market.



Browse related reports:



Contract Lifecycle Management (CLM) Software Market Report: https://www.imarcgroup.com/contract-lifecycle-management-software-market



Wireless POS Terminals Market Report: https://www.imarcgroup.com/wireless-pos-terminals-market



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.

IMARC Services Pvt. Ltd.

Richard Lewis

6317911145

sales@imarcgroup.com

Source: EmailWire.Com



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