The Asia Pacific IoT Microcontroller Market would witness market growth of 13.5% CAGR during the forecast period (2022-2028).
The key element that is estimated to drive microcontroller demand at an exponential rate in the next years is rapid improvements in the Internet of Things (IoT) application in order to supply technologically enhanced smart products to various consumers. Moreover, the increased requirement for automation in various application segments would also boost the demand for smart devices. This, in turn, is expected to have a beneficial impact on the microcontroller market. The demand for high-performance, low-power, and energy-efficient connected products, as well as the growing number of IoT connections in the consumer and enterprise sectors, are some of the key factors driving the market growth. Additionally, in high-end applications like smart utilities, industrial automation, and smart transportation, the growing popularity of embedded Non-Volatile Memory (eNVM) solutions across System-in-Package (SiP) is projected to augment the growth of the IoT microcontroller market in the coming years.
The rapidly rising demand for microcontrollers is majorly owing to the increasing technological advancement in the automotive industry. In the automotive industry, microcontrollers are required especially in interactive safety systems and vehicle connectivity systems, and hence drive the market demand of this region during the forecast period. Rapid advancements are taking place in the automotive industry in this region in terms of vehicle connectivity and interactive safety system is anticipated to support the demand of IoT microcontroller extensively in the coming years. In addition, increasing demand for various consumer electronic devices such as smart phones, tablets, smart television and smart watches among others is also predicted to propel the utilization of microcontroller in this region.
The China market dominated the Asia Pacific IoT Microcontroller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,114.8 million by 2028. The Japan market is anticipated to grow at a CAGR of 12.8% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 14.3% during (2022 - 2028).
Based on Type, the market is segmented into 32-bit, 16-bit, and 8-bit. Based on Application, the market is segmented into Consumer Electronics (Smartphones, Wearables, and Others), Industrial Automation, Smart Homes, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide IoT Microcontroller Market is Projected to reach USD 9.9 Billion by 2028, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Silicon Laboratories, Inc., Espressif Systems Shanghai Co Ltd., Holtek Semiconductor, Inc., Renesas Electronics Corporation, STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments, Inc., NXP Semiconductors N.V., Nuvoton Technology Corporation, and Microchip Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Consumer Electronics
- Smartphones
- Wearables
- Others
- Industrial Automation
- Smart Homes
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Silicon Laboratories, Inc.
- Espressif Systems Shanghai Co Ltd.
- Holtek Semiconductor, Inc.
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- Nuvoton Technology Corporation
- Microchip Technology, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific IoT Microcontroller Market, by Type
1.4.2 Asia Pacific IoT Microcontroller Market, by Application
1.4.3 Asia Pacific IoT Microcontroller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
Chapter 4. Asia Pacific IoT Microcontroller Market by Type
4.1 Asia Pacific 32-bit Market by Country
4.2 Asia Pacific 16-bit Market by Country
4.3 Asia Pacific 8-bit Market by Country
Chapter 5. Asia Pacific IoT Microcontroller Market by Application
5.1 Asia Pacific Consumer Electronics Market by Country
5.2 Asia Pacific IoT Microcontroller Market by Consumer Electronics Type
5.2.1 Asia Pacific Smartphones Market by Country
5.2.2 Asia Pacific Wearables Market by Country
5.2.3 Asia Pacific Others Market by Country
5.3 Asia Pacific Industrial Automation Market by Country
5.4 Asia Pacific Smart Homes Lumens IoT Microcontroller Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific IoT Microcontroller Market by Country
6.1 China IoT Microcontroller Market
6.1.1 China IoT Microcontroller Market by Type
6.1.2 China IoT Microcontroller Market by Application
6.1.2.1 China IoT Microcontroller Market by Consumer Electronics Type
6.2 Japan IoT Microcontroller Market
6.2.1 Japan IoT Microcontroller Market by Type
6.2.2 Japan IoT Microcontroller Market by Application
6.2.2.1 Japan IoT Microcontroller Market by Consumer Electronics Type
6.3 India IoT Microcontroller Market
6.3.1 India IoT Microcontroller Market by Type
6.3.2 India IoT Microcontroller Market by Application
6.3.2.1 India IoT Microcontroller Market by Consumer Electronics Type
6.4 South Korea IoT Microcontroller Market
6.4.1 South Korea IoT Microcontroller Market by Type
6.4.2 South Korea IoT Microcontroller Market by Application
6.4.2.1 South Korea IoT Microcontroller Market by Consumer Electronics Type
6.5 Singapore IoT Microcontroller Market
6.5.1 Singapore IoT Microcontroller Market by Type
6.5.2 Singapore IoT Microcontroller Market by Application
6.5.2.1 Singapore IoT Microcontroller Market by Consumer Electronics Type
6.6 Malaysia IoT Microcontroller Market
6.6.1 Malaysia IoT Microcontroller Market by Type
6.6.2 Malaysia IoT Microcontroller Market by Application
6.6.2.1 Malaysia IoT Microcontroller Market by Consumer Electronics Type
6.7 Rest of Asia Pacific IoT Microcontroller Market
6.7.1 Rest of Asia Pacific IoT Microcontroller Market by Type
6.7.2 Rest of Asia Pacific IoT Microcontroller Market by Application
6.7.2.1 Rest of Asia Pacific IoT Microcontroller Market by Consumer Electronics Type
Chapter 7. Company Profiles
7.1 Silicon Laboratories, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.1 Recent strategies and developments:
7.1.1.1 Partnerships, Collaborations, and Agreements:
7.2 Espressif Systems Shanghai Co Ltd.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Holtek Semiconductor, Inc.
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.4 Renesas Electronics Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.5 STMicroelectronics N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Infineon Technologies AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.5.4 Geographical Expansions:
7.6.6 SWOT Analysis
7.7 Texas Instruments, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 NXP Semiconductors N.V.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 Nuvoton Technology Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Microchip Technology, Inc.
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 Asia Pacific IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – IoT Microcontroller Market
TABLE 4 Product Launches And Product Expansions – IoT Microcontroller Market
TABLE 5 Acquisition and Mergers – IoT Microcontroller Market
TABLE 6 Asia Pacific IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific 32-bit Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific 32-bit Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific 16-bit Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific 16-bit Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific 8-bit Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific 8-bit Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 15 Asia Pacific IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 19 Asia Pacific IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 20 Asia Pacific SMARTPHONES MARKET by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Wearables Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific WEARABLES MARKET by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Industrial Automation Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Industrial Automation Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Smart Homes Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Smart Homes Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific IoT Microcontroller Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific IoT Microcontroller Market by Country, 2022 - 2028, USD Million
TABLE 34 China IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 35 China IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 36 China IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 37 China IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 38 China IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 39 China IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 40 China IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 41 China IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 42 Japan IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 43 Japan IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 44 Japan IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 45 Japan IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 46 Japan IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 47 Japan IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 48 Japan IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 49 Japan IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 50 India IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 51 India IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 52 India IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 53 India IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 54 India IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 55 India IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 56 India IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 57 India IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 58 South Korea IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 59 South Korea IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 60 South Korea IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 61 South Korea IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 62 South Korea IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 63 South Korea IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 64 South Korea IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 65 South Korea IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 66 Singapore IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 67 Singapore IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 68 Singapore IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 69 Singapore IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 70 Singapore IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 71 Singapore IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 72 Singapore IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 73 Singapore IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 74 Malaysia IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 75 Malaysia IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 76 Malaysia IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 77 Malaysia IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 78 Malaysia IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 79 Malaysia IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 80 Malaysia IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 81 Malaysia IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 82 Rest of Asia Pacific IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 83 Rest of Asia Pacific IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 84 Rest of Asia Pacific IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 85 Rest of Asia Pacific IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 86 Rest of Asia Pacific IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 87 Rest of Asia Pacific IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 88 Rest of Asia Pacific IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 89 Rest of Asia Pacific IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 90 key information – Silicon Laboratories, Inc.
TABLE 91 Key information – Espressif Systems Shanghai Co Ltd.
TABLE 92 Key Information – Holtek Semiconductor, Inc.
TABLE 93 key information – Renesas Electronics Corporation
TABLE 94 Key Information – STMicroelectronics N.V.
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Texas Instruments, Inc.
TABLE 97 Key Information – NXP Semiconductors N.V.
TABLE 98 Key Information – Nuvoton Technology Corporation
TABLE 99 Key Information – Microchip Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Renesas Electronics Corporation
FIG 6 Recent strategies and developments: STMicroelectronics N.V.
FIG 7 Swot analysis: stmicroelectronics n.v.
FIG 8 Recent strategies and developments: Infineon Technologies AG
FIG 9 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 10 SWOT Analysis: Texas Instruments, Inc.
FIG 11 Recent strategies and developments: NXP Semiconductors N.V.
FIG 12 Swot analysis: NXP semiconductors N.V.
FIG 13 Recent strategies and developments: Microchip Technology, Inc.