Global Programmable Microcontroller Market Overview
Programmable Microcontroller Market Size was valued at USD 8,931.2 million in 2023. The Programmable Microcontroller market industry is projected to grow from USD 9,124.6 million in 2024 to USD 25,644.8 million by 2032, exhibiting a compound annual growth rate (CAGR) of 12.2% during the forecast period (2024 - 2032). The factors contributing to the growth of the Programmable Microcontroller Market are growing demand for connected devices, automotive industry integration, and edge computing and smart sensors. Another factor fueling the programmable microcontroller market's growth is that it can be used by military forces for training purposes. However, intense competition and miniaturization challenges hinders market growth. Nevertheless, the market is poised for significant growth opportunities, such as IoT Growth and Energy Efficiency.
FIGURE 1: PROGRAMMABLE MICROCONTROLLER MARKET SIZE 2019-2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Programmable Microcontroller Market Trends
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GROWING DEMAND FOR CONNECTED DEVICES.
The market for programmable MCUs is expanding because of rising connected device usage and an increase in cyberattacks on Internet of Things (IoT) devices. Furthermore, there's a growing need for silicon companies that produce microcontrollers (MCUs) to include security into Internet of Things devices. IoT devices are employed in a wide variety of industry sectors. Furthermore, IoT devices in the consumer sector include consumer internet and media devices such as smartphones, with the number of IoT devices predicted to expand in coming years. Other IoT devices include connected automobiles, IT infrastructure, asset tracking and monitoring, and smart grids. With rising security concerns, secure MCUs include hardware-based cryptographic engines for safe key storage, encryption, and decryption. Operations. These characteristics allow for secure connection between IoT devices and cloud servers, preserving data privacy and integrity. Moreover, many of these linked devices, which are intended to run on batteries for extended periods of time without needing repair or maintenance, rely on Internet of Things (IoT) end-node apps. The decreasing costs of critical components such as processors and sensors, together with the growing use of wireless connectivity, has encouraged the development of intelligent devices capable of smooth communication with one another without human intervention.
Programmable Microcontroller Market Component Segment Insights:
Programmable Microcontroller Type Insights
Based on type, the Programmable Microcontroller Market segmentation includes 8-Bit Microcontrollers, 16-Bit Microcontroller, 32-Bit Microcontroller, 64-Bit Microcontrollers, and Others. The 64-Bit Microcontroller held the majority share in 2023, contributing around ~35.29% to the market revenue. A microprocessor that can process data and instructions in 64-bit chunks is referred to as a 64-bit processor. Chip that can deal with 64 pieces play out a bigger number of computations each second contrasted with 32-digit processors. 64-bit wider are the temporary storage locations in the internal registers. The data range from 0 to 18,446,744,073,709,551,616 (264), and 64 bits can process and move twice as much data as 32 bits can.
FIGURE 2: PROGRAMMABLE MICROCONTROLLER MARKET, BY TYPE, 2023 VS 2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Programmable Microcontroller Connector Type Insights
Based on connector type, the Programmable Microcontroller Market segmentation includes peripheral interface microcontroller (PIC), AVR Microcontroller, ARM Microcontroller, Mixed Signal Processor (MSP) Microcontroller, General Purpose Microcontroller, Robotic Control Microcontroller, and others. The ARM Microcontroller held the majority share in 2023 with 21.54% of total revenue.
High level RISC Machine (ARM) microcontrollers are based on the RISC (Decreased Guidance Set PC) stage. ARM microcontrollers are used extensively in a wide range of consumer electronics, including smartphones, tablets, wearables, and multimedia players. They are commonly accessible in 32-bit and 64-bit adaptations. They carry out fewer instructions, allowing them to work quickly and execute one million instructions per second (MIPS). The segment's expansion is being driven by increasing smartphone and wearable device adoption and innovation.
Programmable Microcontroller Application Insights
Based on application, the Programmable Microcontroller Market segmentation includes robotics, industrial automation, safety & security devices, home automation devices, electronic measurement instruments, motor control system, medical devices, communication system, and others. Industrial automation dominated the market in year 2023 with revenue of USD 1,958.2 million.
Industrial automation utilizes microcontrollers due to their powerful logic operation performance, extensive instruction set, and large number of I/O lines. In the modern space, microcontrollers are utilized in a great many applications, from processing plant computerization to building the board frameworks. They are utilized to control apparatus, screen sensors, and guarantee that modern cycles run as expected and effectively. For instance, Micro controller is the core component it is interfaced with alcohol detector, smoke detector sensor, fire sensor and temperature sensor in industries. Assuming any mishap occurs, or any unusual condition emerges, the sensor of field enacts and gives sign to microcontroller, and it begins executing as per the program which is taken care of in it. The trend toward automation and data exchange in manufacturing technologies, which is being increasingly adopted. The developing interest for brilliant plants, which are industrial facilities that utilization insightful machines and cycles to further develop efficiency and proficiency. Industrial automation, or the use of computers and machines to control manufacturing processes, is becoming increasingly important.
Programmable Microcontroller Industry Vertical Insights
Based on Industry Vertical, the Programmable Microcontroller Market segmentation includes consumer electronics, automotive, telecommunications, manufacturing, healthcare, aerospace, and others. The consumer electronics held the majority share in 2023 with 19.76% of total revenue. Microcontrollers are sought after in shopper gadgets due to the developing prominence of purchaser hardware like PCs, T-, cameras, and cell phones and the contracting size of electronic gadgets. The market for consumer electronics is significantly impacted by customers' preference for more innovative and advanced technology that helps them meet their daily needs in less time. Additionally, consumers' concerns about getting more for their money are growing. Consumers today are becoming increasingly interested in portable and lightweight electronic products due to the sector's rapid growth. Likewise, the rising speculation by makers toward the improvement of different new customer electronic items is driving the market in this classification.
Programmable Microcontroller Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and South & Central America. The Asia Pacific Programmable Microcontroller market accounted for ~49.15% in 2023. Countries like China, India, South Korea and Japan are some of the leading countries where programmable microcontrollers have grown their prominence. Some major reasons considered for adopting and driving programmable microcontrollers around the Asia-Pacific are increased demand from automotive, robotics and consumer electronic industry and increased demand for home automation. As a result of advancements in AI, the adoption of cutting-edge home technology has recently skyrocketed. Homeowners are drawn to smart homes because of the numerous advantages they offer. The capacity to more readily deal with one's energy utilization using savvy indoor regulators, computerized lighting frameworks, and energy-observing gadgets is a significant advantage. Home automation features are an important selling point for both new and used homes because they provide homeowners with unmistakable advantages. The land business started to move from extreme extravagance homes to more reasonable lodging because of shrewd home innovation.
Further, North America is growing prominently with having second highest market share in 2023. The North American consists of US, Canada and Mexico and this is amongst one of the significant regions for programmable microcontrollers users as there are growing demand for high-end applications across various industry applications. For instance, 8-bit microcontrollers are being driven by hybrid and self-driving vehicles. North America has one of the world's largest car production centers. The region's economic expansion had an effect on the selling of passenger automobiles and trucks. According to the American Automotive Policy Council 2022, American automobile manufacturers extensively spending in research and development activities. Furthermore, the interest for programmable microcontrollers is being driven up by progressions in man-made brainpower, the Web of Things, and the rising fame of electronic gadgets like PCs, PCs, and cameras. New products in the healthcare, instrumentation, automation, communications, and process control industries are also expanding the market.
FIGURE 3: PROGRAMMABLE MICROCONTROLLER MARKET SIZE BY REGION 2023 VS 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Programmable Microcontroller Key Market Players & Competitive Insights
The programmable microcontroller Market is characterized by the presence of many global, regional, and local vendors. The regional market is highly competitive, with all the players continually competing to gain a larger market share. The vendors compete based on reliability, cost, product, and quality. Therefore, vendors must provide cost-effective and efficient products to survive and succeed in a competitive market environment. The growth of the vendors is dependent on market conditions, technological advancement, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. According to MRFR analysis, the growth of the Programmable Microcontroller Market is dependent on market conditions. The key vendors in the market are Texas Instruments, Microchip Technology Inc., Polou Robotics and Electronics, STMicroelectronics, NXP Semiconductors, Renesas Electronics, SEGGER Microcontroller Systems, ELENCE, Promik Trusted Solution, BPM Microsystems, Data I/O Corporation, Arduino, N-iX LTD. Major companies in the programmable microcontroller market compete in terms of availability, quality, price, and technology. They consider partnership and collaboration as a key strategy in the programmable microcontroller market. Although the international players dominate the market, regional and local players with small market shares also have a significant presence.
Key Companies in the Programmable Microcontroller market include.
- Texas Instruments
- Microchip Technology Inc.
- Polou Robotics and Electronics
- STMicroelectronics
- NXP Semiconductors
- Renesas Electronics
- SEGGER Microcontroller Systems
- ELENCE
- Promik Trusted Solution
- BPM Microsystems
- Data I/O Corporation
- Arduino
- N-iX LTD
Programmable Microcontroller Industry Developments
- In November 2023, NXP Semiconductors has introduced the S32K39 series of automotive microcontrollers (MCUs) for modern electrification applications, optimized for electric vehicle (EV) control. The MCUs offer high-speed and high-resolution control for increased power and include networking, security, and functional safety capabilities beyond traditional automotive MCUs.
- In March 2024, STMicroelectronics has released a ultra-low-power STM32 microcontroller, the STM32WL3, designed for industrial, medical, smart metering, and consumer applications.
Programmable Microcontroller Market Segmentation
Programmable Microcontroller Type Outlook
- 8-Bit Microcontrollers
- 16-Bit Microcontroller
- 32-Bit Microcontroller
- 64-Bit Microcontroller
Programmable Microcontroller Connector Type Outlook
- Peripheral Interface Microcontroller (PIC)
- AVR Microcontroller
- ARM Microcontroller
- Mixed Signal Processor (MSP) Microcontroller
- General Purpose Microcontroller
- Robotic Control Microcontroller
- Others
Programmable Microcontroller Application Outlook
- Robotics
- Industrial Automation
- Safety & Security Devices
- Home Automation Devices
- Electronic Measurement Instruments
- Motor Control System
- Medical Devices
- Communication System
- Others
Programmable Microcontroller Industry Vertical Outlook
- Consumer Electronics
- Automotive
- Telecommunications
- Manufacturing
- Healthcare
- Aerospace
- Others
Programmable Microcontroller Regional Outlook
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 8,931.2 million |
Market Size 2024 |
USD 9,124.6 million |
Market Size 2032 |
USD 25,644.8 million |
Compound Annual Growth Rate (CAGR) |
12.2% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019- 2022 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Connector Type, Application, Industry Vertical and Region |
Geographies Covered |
North America, Europe, Asia-Pacific, and South America |
Countries Covered |
US, Canada, Mexico, Germany, UK, France, Italy, China, India, Japan, and South Korea |
Key Companies Profiled |
Texas Instruments, Microchip Technology Inc., Polou Robotics and Electronics, STMicroelectronics, NXP Semiconductors, Renesas Electronics, SEGGER Microcontroller Systems, ELENCE, Promik Trusted Solution, BPM Microsystems, Data I/O Corporation, Arduino, N-iX LTD |
Key Market Opportunities |
·      IOT Growth ·      Energy Efficiency |
Key Market Dynamics |
·      Growing Demand for Connected Devices ·      Automotive Industry Integration |
Frequently Asked Questions (FAQ) :
The Programmable Microcontroller Market size is expected to be valued at USD 8,931.2 million in 2023.
The global market is projected to grow at a CAGR of 12.2% during the forecast period, 2024-2032.
Aisa Pacific had the largest share of the global market.
The key players in the market Texas Instruments, Microchip Technology Inc., Polou Robotics and Electronics, STMicroelectronics, NXP Semiconductors, Renesas Electronics, SEGGER Microcontroller Systems, ELENCE, Promik Trusted Solution, BPM Microsystems, Data I/O Corporation, Arduino, and N-iX LTD.
64-Bit Microcontroller dominated the market in 2023.