Ultra-Low-Power Microcontroller Market To Flourish At A CAGR Of 25.3% By 2027

Research Reports

Dec 15, 2022

According to the research reports by MRFR, the global Ultra-Low-Power Microcontroller Market is anticipated to bolster considerably during the review timeframe from 2022 to 2027 at a robust CAGR of approximately 25.3%.

Microcontrollers refer to an integrated circuit involving processors code, memory, and programmable input/ output peripheral. Ultra-low-power microcontroller allows edge nodes to process located data smartly with the necessary device power. The global Ultra-Low-Power Microcontroller Market has shown massive expansion in recent times owing to the aspects such as the growing adoption of consumer & connected devices, rising adoption of low battery-powered IoT-enabled smart devices, and the launch of innovative technologies. On the other hand, the complex design and unsuitability for power-critical applications may restrict the market’s performance.

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Market Report Scope:

Parameter Details
Revenue Forecast in 2030: USD 5.42 Billion
Growth Rate: CAGR of 25.3% from 2022 to 2027
Forecast Period: 2022 -2027
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

 

Segment Analysis:

The global Ultra-Low-Power Microcontroller Market has been segregated into segments based on end-use industry, packaging type, peripheral device, and region.

Based on the peripheral device, the global Ultra-Low-Power Microcontroller Market is split into digital and analog devices.

Based on the packaging type, the global Ultra-Low-Power Microcontroller Market is divided into 32-bit packaging, 16-bit packaging, and 8-bit packaging.

Based on the end-use industry, the global Ultra-Low-Power Microcontroller Market is split into manufacturing, media & entertainment, aerospace & defense, healthcare, automotive, telecommunications, consumer electronics, and servers & data centers.

By Peripheral Device:

  • Analog Devices
  • Digital Devices

 

By Packaging Type:

  • 8-Bit Packaging
  • 16-Bit Packaging
  • 32-Bit Packaging

 

By End-Use Industry:

  • Aerospace & Defense
  • Automotive
  • Servers and Data Centers
  • Consumer Electronics
  • Telecommunications
  • Healthcare
  • Media and Entertainment
  • Manufacturing

 

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America

 

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Regional Analysis:

The global Ultra-Low-Power Microcontroller Market is analyzed across five significant geographies: South America, the Middle East & Africa, Asia-Pacific, Europe, and North America.

According to the research reports by MRFR, the Asia-Pacific region is anticipated to ensure the top spot across the global Ultra-Low-Power Microcontroller Market over the review era. The main parameter causing an upsurge in the regional market’s growth is the growing implementation of ultra-low-power microcontrollers across the region. Furthermore, the growing demand for medical devices across the region will likely influence the regional market’s growth over the review era. Moreover, the rising usage of ultra-low power microcontrollers in portable healthcare electronics devices is also likely to catalyze the regional market’s growth over the coming years.

The European regional Ultra-Low-Power Microcontroller Market is anticipated to demonstrate the highest growth rate over the coming years. the primary parameter supporting the growth of the regional market is the growing demand for ultra-low-power microcontroller-embedded systems from healthcare, defense, automotive, and consumer electronics.

Competitive Analysis:

The global Ultra-Low-Power Microcontroller Market has a robust and competitive landscape. The presence of several regional and local providers is the central aspect causing an upsurge in the market’s growth. Various international, regional, and domestic players operating in the ultra-low-power microcontroller market consistently strive to gain a significant global Ultra-Low-Power Microcontroller Market share. Furthermore, players across the globe are implementing several new growth policies such as mergers, acquisitions, partnerships, and product launches to strengthen their global Ultra-Low-Power Microcontroller Market footprint. The list of leading contributors across the global market for ultra-low-power microcontrollers includes players such as NXP Semiconductors, Freescale Semiconductor, Inc., Cypress, Fujitsu, EPSON semiconductor, Atmel Corp., and several others.

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Recent Developments:

  • November 2022- Mouser Electronics now provides the PIC32CM LE00, LS00, and LS600 (PIC32CM Lx) Ultra-low-power Microcontrollers from Microchip Technology. Offering 32-bit performance and ultra-low power consumption as presenting memory configurations up to 512 Kbytes of flash and 64 Kbytes of SRAM, the PIC32CM Lx family offers three different product options for designers seeking to resolve issues on the Internet of Things (IoT), medical, industrial and consumer markets.

 

  • October 2022- Nordic Semiconductor, the world-leading ultra-low power wireless connectivity specialist, disclosed its first Wi-Fi product last month. Now, the Norway-based company is focusing on USD2 billion in revenues by 2026, up from a target of USD 1 billion next year.

 

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About Market Research Future (MRFR):

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.

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