Market Overview:
Microcontroller for HEV and EV market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and hybrid electric vehicles across the globe. In addition, factors such as rising awareness about environment-friendly transportation options and government initiatives towards promoting electric vehicles are also contributing to the growth of this market. The microcontroller for HEV and EV market can be segmented on the basis of type into 8-bit, 16-bit, and 32-bit microcontrollers. The 8-bit microcontroller segment is expected to account for a major share of the global microcontroller for HEV and EV market in 2018. However, 16-bit and 32-bit segments are projected to witness higher growth rates during the forecast period owing to their superior performance as compared with 8- bit microcontrollers.
Product Definition:
A microcontroller (MCU) is a small computer on a single integrated circuit. In contrast, an embedded system may contain several microcontrollers, peripheral integrated circuits, and various types of software.
The primary importance of the MCU in HEVs and EVs is its ability to monitor the state of the vehicle's systems and control its operation. The MCU can regulate power distribution to different parts of the vehicle, manage charging and discharging of batteries, oversee motor controls, etc.
8-bit:
8-bit microcontrollers are used in hybrid electric vehicles (HEV) and electric vehicles (EV). HEVs use multiple power sources to run the vehicle, including electricity from the grid and rechargeable batteries. An 8-bit MCU can handle a maximum of 256 steps of input/output data at a time. It has an internal clock that runs at 16 MHz with an ability to work with 2 Kilo bits of memory.
16-bit:
The 16-bit microcontrollers are used in Hybrid Electric Vehicle (HEV) and Electric Vehicles (EV). The growing environmental concerns regarding carbon emissions have resulted in increased emphasis on the development of energy-efficient vehicles. This has led to a shift from conventional 8-bit microcontrollers to more advanced 16-bit microcontrollers for HEV and EV applications.
Application Insights:
The market is segmented on the basis of application into passenger cars and commercial vehicles. The commercial vehicle segment held a major share in 2017 owing to increasing demand for advanced safety features, comfort and convenience for long-distance travel in trucks, buses, coaches among other forms of public transport such as trains.
Microcontroller units are also used in various applications including consumer electronics, medical equipment and appliances among others. Increasing adoption of microcontrollers has led to significant growth across all these end-use industries which is expected to continue over the forecast period.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand for automobiles. The growing manufacturing sector in developing economies including China, India, and South Korea is expected to drive the regional market. Furthermore, rising disposable income levels are projected to fuel automobile sales in this region.
The European microcontroller for HEV and EV market by application segmented into passenger cars and commercial vehicles on account of high demand from OEMs of electric vehicles (EVs) with advanced safety features such as lane departure warning systems (LDWS), automatic emergency braking (AEB), etc., which use MCU with more processing power. Moreover, presence of prominent players such as Continental AG; Robert Bosch GmbH; Daimler AG; Volkswagen Group; BMW Group; Mercedes-Benz AG Daimler Trucks & Bus GmbH Commercial Vehicles BV division will continue driving the regional market over the next eight years.
Growth Factors:
- Increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs) due to environmental concerns and government incentives.
- Rapid advancements in microcontroller technology, making them smaller, faster, and more power-efficient.
- Growing demand for semiconductor components in automotive applications as cars become increasingly electrified and automated.
- Proliferation of autonomous driving technologies, which require high-performance microcontrollers to control vehicle systems safely and efficiently.
- Increased use of semiconductor chips in the "Internet of Things" (IoT), providing opportunities for microcontrollers to interact with a wide range of devices and systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Microcontroller for HEV and EV Market Research Report
By Type
8-bit, 16-bit, 32-bit
By Application
Passenger Cars, Commercial Vehicles
By Companies
Microchip, NXP, STMicroelectronics, TI, Toshiba, Cypress Semiconductor, Renesas, Infineon Technologies, Maxim Integrated, Silicon Labs, Nuvoton Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Microcontroller for HEV and EV Market Report Segments:
The global Microcontroller for HEV and EV market is segmented on the basis of:
Types
8-bit, 16-bit, 32-bit
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microchip
- NXP
- STMicroelectronics
- TI
- Toshiba
- Cypress Semiconductor
- Renesas
- Infineon Technologies
- Maxim Integrated
- Silicon Labs
- Nuvoton Technology
Highlights of The Microcontroller for HEV and EV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 8-bit
- 16-bit
- 32-bit
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microcontroller for HEV and EV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A microcontroller is a small computer that can be programmed to carry out specific tasks. Microcontrollers are often used in electric vehicles (EVs) and HEVs because they are small, efficient, and affordable. They are also versatile enough to be used in a variety of other applications.
Some of the major players in the microcontroller for hev and ev market are Microchip, NXP, STMicroelectronics, TI, Toshiba, Cypress Semiconductor, Renesas, Infineon Technologies, Maxim Integrated, Silicon Labs, Nuvoton Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microcontroller for HEV and EV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microcontroller for HEV and EV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microcontroller for HEV and EV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microcontroller for HEV and EV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microcontroller for HEV and EV Market Size & Forecast, 2020-2028
4.5.1 Microcontroller for HEV and EV Market Size and Y-o-Y Growth
4.5.2 Microcontroller for HEV and EV Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 8-bit
5.2.2 16-bit
5.2.3 32-bit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microcontroller for HEV and EV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microcontroller for HEV and EV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 8-bit
9.6.2 16-bit
9.6.3 32-bit
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 8-bit
10.6.2 16-bit
10.6.3 32-bit
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 8-bit
11.6.2 16-bit
11.6.3 32-bit
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 8-bit
12.6.2 16-bit
12.6.3 32-bit
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 8-bit
13.6.2 16-bit
13.6.3 32-bit
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microcontroller for HEV and EV Market: Competitive Dashboard
14.2 Global Microcontroller for HEV and EV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microchip
14.3.2 NXP
14.3.3 STMicroelectronics
14.3.4 TI
14.3.5 Toshiba
14.3.6 Cypress Semiconductor
14.3.7 Renesas
14.3.8 Infineon Technologies
14.3.9 Maxim Integrated
14.3.10 Silicon Labs
14.3.11 Nuvoton Technology
