The Ultra-Low-Power Microcontroller Market size is projected to grow from USD 1.71661 Billion in 2024 to USD 8.37 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 21.90% during the forecast period (2024 - 2032). Additionally, the market size for Ultra-Low-Power Microcontroller was valued at USD 1.37 Billion in 2023.
Increasing demand for energy conservation in electronic applications and Increasing acceptance of energy-efficient devices are the key market drivers contributing to market growth and expansion.
Figure1: Ultra-Low-Power Microcontroller Market, 2018 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The rising demand for energy conservation in electronic applications drives the Market CAGR for ultra-low-power microcontroller. The rising popularity of low-battery-powered IoT-enabled smart devices, which include wireless networks of sensors and vehicle engine control systems, is predicted to propel the worldwide market forward. Furthermore, smart meters, temperature sensors, and linked home consoles that collect real-world inputs that include acceleration, velocity, temperature, and atmospheric pressure and convert them to digital signals will likely fuel worldwide market expansion. The rising usage of gadgets for consumers, such as mobile phones, laptops, home automation systems, and smart appliances, together with the lowering size of electrical components in electronic devices, are the primary reasons driving the ultra-low power microcontroller industry. Furthermore, manufacturers focus on producing low-power gadgets, propelling the market growth. The rising usage of construction and residence automation systems and the growing acceptance of energy-efficient gadgets drive demand for inexpensive microcontrollers. Leading corporations' increased spending in research and development will provide significant prospects to the industry.
Additionally, one of the reasons predicted to drive development in the worldwide Ultra-low-power microcontrollers market is the increasing usage of consumer and connected devices, which is projected to increase demand for energy-efficient solutions. These electrical components are found in household appliances such as laundry machines, dishwashers, and convection heaters. These are used in electronic devices, which include mobile phones, smart TVs, smartwatches, Bluetooth speakers, video games, earbuds and headphones to minimize power consumption while maintaining excellent performance and functionality. The rising usage of electronic devices is augmented by their application in linked networks and IoT.
Semiconductors are critical components of electronic devices ranging from automobiles and manufacturing machines to cell phones and retail gadgets. China is the largest user and provider of smartphones, PCs, and tablets, accounting for around 1/3rd of the transistor industry. Memory costs will tend to flatten because of the need for items created by the worldwide lockdown scenario. The ultra-low-power microprocessor industry is expected to return quickly due to increased demand for smart devices, particularly in the healthcare sector.
For instance, IEA stated that all-electric and plug-in hybrid vehicle sales will quadruple to 6.6 million by 2021. Electric vehicle sales will continue to rise as governments take initiatives to decrease carbon emissions, creating attractive development potential for the ultra-low power microcontroller industry. Thus, demand for Ultra-Low-Power Microcontrollers is anticipated to increase throughout the projected timeframe due to the rising demand for energy conservation in electronic applications. Thus, driving the Ultra-Low-Power Microcontroller market revenue.
The Ultra-Low-Power Microcontroller market segmentation, based on Peripheral Devices, includes Analog Devices and Digital Devices. The analog devices category dominated the market, accounting for 53% of market revenue (USD 0.6 Billion) in 2022 because of the expansion of the automobile and construction sectors in developing economies. Furthermore, increased use of tempered glass in furniture will likely drive the overall market.
Figure 2: Ultra-Low-Power Microcontroller Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Ultra-Low-Power Microcontroller market segmentation, based on Packaging Types, includes 8-Bit Packaging, 16-Bit Packaging and 32-Bit Packaging. The 32-bit packaging category generated the highest market revenue of about 42% (USD 0.5 billion) in 2022. This is primarily because sophisticated glass has numerous and flexible uses for residential panes & shopfronts.
The Ultra-Low-Power Microcontroller market segmentation, based on End-Use, includes Aerospace & Defense, Automotive, Servers and Data Centers, Consumer Electronics, Telecommunications, Healthcare, Media & Entertainment, and Manufacturing. The consumer electronics category dominated the market, accounting for 38% of market revenue (USD 0.4 Billion) in 2022. The substantial rise in green constructions, energy-efficient buildings, population expansion, and rising incomes will likely drive the overall market during the projected timeframe.
By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Ultra-Low-Power Microcontroller market accounts for the second-highest market share; ultra-low energy microcontrollers in handheld medical electronic gadgets are increasing, boosting the market growth in the North American area.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: Ultra-Low-Power Microcontroller Market Share by Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe region’s Ultra-Low-Power Microcontroller market is expected to grow quickly during the projected timeframe because of the growing need for microcontrollers in embedded electronics for consumer electronics, automotive, defense, and health. Further, the German Ultra-Low-Power Microcontroller market holds the largest market share, and the UK Ultra-Low-Power Microcontroller market is expected to grow and expand significantly in the European region during the projected timeframe.
The Asia-Pacific Ultra-Low-Power Microcontroller Market will dominate during the projected timeframe. This is due to the rising demand for medical devices, which will likely propel the Asia-Pacific region in the worldwide market throughout the forecast. Moreover, China’s Ultra-Low-Power Microcontroller market dominates the market share, and the Indian Ultra-Low-Power Microcontroller market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.
Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Ultra-Low-Power Microcontroller market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their footprint, with significant market developments including new Peripheral Device portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Ultra-Low-Power Microcontroller industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.
Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the Ultra-Low-Power Microcontroller industry to benefit customers and capture untapped market share and revenue. The Ultra-Low-Power Microcontroller industry has recently offered significant advantages to the Advanced Materials industry. Moreover, more industry participants are utilizing and adopting cutting-edge technology has grown substantially. Major players in the Ultra-Low-Power Microcontroller market include Atmel Corp., Cypress, EPSON Semiconductor, Freescale Semiconductor, Fujitsu, Holte, Infineon Technologies, Intel Crop. Microchip Technology, NXP Semiconductors, Renesas Electronics Corporation, Silicon Laboratories, STMicroelectronics, and Texas Instruments are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.
ROHM creates integrated circuits (ICs), electronic components, and other components for electronics. ROHM was founded in 1958 in Kyoto as a maker of tiny electronic components. ROHM Semiconductor is a market pioneer in mechanisms LSIs, individual parts, and module products, employing cutting-edge technology. ROHM Semiconductor, a manufacturer of integrated chips (ICs) and electronic components, launched its device training AI chip in November 2022. This chip uses algorithms to forecast electronic system faults, including motors and sensors.
Infineon Technologies creates, manufactures, and sells various semiconductor devices for the interactions, automotive, and storage chip sectors. The firm was established on April 1, 1999, and is based in Munich, Germany. The firm creates, develops, produces, and sells application-specific integrated circuits. It sells microcontrollers, radio frequency equipment, sensors, interfaces, and transistors. Infineon Technologies AG confirmed the release of AIROC Bluetooth LE in December 2021, which has a 96-MHz Arm Cortex-M4 microprocessor with considerable computational capability.
Atmel Corp.
Cypress
Freescale Semiconductor Inc.
Fujitsu
Infineon Technologies AG
Intel Crop.
NXP Semiconductors
Renesas Electronics Corporation
Silicon Laboratories
STMicroelectronics
November 2022: ROHM Semiconductor, a manufacturer of integrated chips (ICs) and electronic components, launched its device training AI chip in November 2022. This chip uses algorithms to forecast electronic system faults, including motors and sensors.
December 2021: Infineon Technologies AG confirmed the release of AIROC Bluetooth LE in December 2021, which has a 96-MHz Arm Cortex-M4 microprocessor with considerable computational capability.
December 2021: Renesas Electronics Corp will release two ultra-low-power microcontrollers within its RL78 MCUs series for car actuator and sensors control in December 2021.
Analog Devices
Digital Devices
8-Bit Packaging
16-Bit Packaging
32-Bit Packaging
Aerospace & Defense
Automotive
Servers and Data Centers
Consumer Electronics
Telecommunications
Healthcare
Media and Entertainment
Manufacturing
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
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