Dublin, Feb. 25, 2022 (GLOBE NEWSWIRE) -- The "Global Ultra-Low-Power Microcontroller Market (2021-2026) by Peripheral Device Type, Packaging Type, End-User, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Ultra-Low-Power Microcontroller Market was estimated to be worth USD 6.3 billion in 2021 and is expected to reach USD 19.07 billion by 2026, growing at a CAGR of 24.8%.
The market drives the demand for building automation and intelligent home/home automation systems. The rising demand by various industries, mainly consumer electronics, includes smart home devices, smartphones, gaming devices, smart appliances, laptops, etc. The growing demand for implementing ultra-low-power microcontrollers in adopting the IoT ecosystem. These are some of the major factors boosting the market's growth.
On the other hand, complexities in device designing in high-speed and power-critical applications, increasing competitors, and various solution providers will be the obstacles in the market's growth. Also, penetration of high-and -low -power microcontrollers compared to ultra-low-power microcontrollers can challenge the market.
Furthermore, the automotive industry is expected to increase demand for the ultra-low-power microcontroller due to technological development and industrial expansion. Increasing initiatives and investment by the government to support IoT projects create potential opportunities for the market to grow. However, Ultra-Low-Power Microcontroller Devices are also used in different applications such as pressure, temperature, speed, and acceleration signals which will also help the market grow in the forecasted period.
Market Segmentation
The Global Ultra-Low-Power Microcontroller Market is segmented based on Peripheral Device Type, Packaging Type, End-User, and Geography.
- By Peripheral Device Type, the market is classified into Analog Devices and Digital Devices.
- By Packaging Type, the Ultra-Low-Power Microcontroller market is classified into 8-Bit Packaging, 16-Bit Packaging, and 32-Bit Packaging.
- By End-User Type, the Ultra-Low-Power Microcontroller market is classified into Aerospace & Defence, Automotive, Consumer Electronics, Healthcare, Media and Entertainment, Manufacturing, Server and Data Centre, Telecommunication, and Others.
- By Geography, Asia Pacific is projected to lead the market.
Recent Developments
1. Intel Corporation and Juniper Networks collaborate to accelerate open radio access network (ORAN) ecosystem - September 1, 2021
2. Nuvoton Technology Corporation launched NuMicro M031BT/M032BT series includes 5.0 and 2.4 GHz, a low-power BLE dual-mode microcontroller-July 15, 2021
3. Microchip Technology, Inc launched MPLAB Cloud Tools Ecosystem to modernize and develop a workflow for PIC and AVR microcontroller devices- June 23, 2021
4. Ambiq Micro collaborates with Winbond to combine HyperRAM and Apollo4 to deliver ultra-low-power system solutions for wearables and IoT endpoints-May 25, 2021
5. Seiko Espon Corporation develops new S1C31W65 Microcontroller Unit with an ARM Cortex M0+ processor-August 26, 2020
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Companies Profiled
- Abelon Systems Limited
- Advantec Co Ltd
- Ambiq Micro
- Analog Devices, Inc
- Broadcom Corporation
- Elan Microelectronics
- Fujitsu Limited
- Garz & Fricke
- Infineon Technologies AG
- Intel Corporation
- Holtek Semiconductor, Inc
- Marvell Technology, Inc
- NEC Corporation
- Microchip Technology, Inc
- Nuvoton Technology Corporation
- NXP Semiconductor NV
- ON Semiconductor
- Panasonic Corporation
- Quantum Leaps, LLC
- Qualcomm
- Renesas Electronics Corporation
- Rohm Semiconductor
- Seiko Epson Corporation
- Samsung Electronics Co Ltd
- Segger Microcontroller Systems
- Semiconductor Components Industries, LLC
- Skyworks Solutions, Inc
- STMicroelectronics NV
- Texas Instruments, Inc
- Toshiba Corporation
- XMOS
Why buy this report?
- The report offers a comprehensive evaluation of the Global Ultra-Low-Power Microcontroller Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
For more information about this report visit https://www.researchandmarkets.com/r/tgdy7a
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