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Wednesday, May 17, 2023

32-bit microcontrollers is expected to remain the largest segment in the global automotive microcontroller market

An exciting new study from the team of Lucintel found that automotive microcontroller market is expected to reach $9.9 billion by 2028 with a CAGR of 7.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-microcontroller-market.aspx.

The automotive microcontroller market is segmented based on electric vehicle, bit size, technology, application, and region. In this market, 32-bit microcontrollers is expected to remain the largest bit size, and hybrid electric vehicles (HEV) segment is expected to remain the largest electric vehicle. Players can benefit from the available opportunities like significant growth in automotive production and increasing demand for vehicles equipped with advanced body electronics and safety features in countries, like South Korea and Japan.

Toshiba, Infineon, NXP Semiconductors, ON Semiconductor, and Analog Devices are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/automotive-microcontroller-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive microcontroller market by electric vehicle (battery electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles), bit size (8-bit microcontrollers, 16-bit microcontrollers, and 32-bit microcontrollers), technology (adaptive cruise control, park assist system, blind spot detection, and tire pressure monitoring system), application (body electronics, chassis & powertrain, infotainment & telematics, and safety & security segments), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive microcontroller market?

Q.4 What are some changing demands of customers in the automotive microcontroller market?

Q.5 What are the new developments in the automotive microcontroller market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive microcontroller area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive microcontroller market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com
Tel. 972.636.5056

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