The Europe IoT Microcontroller Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
IoT microcontrollers are significantly being employed in smart cities and smart industries for mission-critical applications. These devices are also significantly utilized in process sectors like power plants, oil and gas, and mining to enable a wide range of digital communication systems such as remote fluid measurement and valve control. Motion detectors, fire and smoke alarms, electronic locks, and other battery-powered devices are becoming smaller and lighter, due to which, the requirement of a compact device to offer interconnectivity is on a surge. A majority of these devices require a medium to establish interconnection with the connected device to share data and information.
Therefore, the demand for IoT microcontrollers from these applications is significantly rising and hence, these factors would substantially propel the growth of the IoT microcontrollers market. The substantial advancements in Internet of Things application domains are likely to meet the requirement of a diverse consumer base for technologically improved items. The implementation of smart meters across a variety of commercial and residential sectors for closely monitoring overall energy consumption is also expected to boost the Internet of Things Microcontroller market over the coming years.
As part of Europe's ambitious grid modernization efforts, more than half of all power meters have been replaced with smart meters. Government investments have accelerated the deployment of smart meters across Europe, particularly in France, Spain, and the United Kingdom, which will boost market growth during the forecast period. In addition, the rising growth of the regional market is also owing to the rising demand for smart televisions, smartwatches, tablets, smartphones, and other consumer electronic devices, which drives market demand in this region. Furthermore, the industry is also surged by the presence of a number of major electrical device manufacturers.
In addition, the robust healthcare infrastructure of the region also plays a significant role in the increased demand for microcontrollers. The integration of microcontrollers is rapidly increasing in several healthcare devices. microcontrollers allow healthcare facilities in saving substantial amount of electricity.
The Germany market dominated the Europe IoT Microcontroller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $622 million by 2028. The UK market is poised to grow at a CAGR of 11.6% during (2022 - 2028). Additionally, The France market would witness a CAGR of 13.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global IoT Microcontroller Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe IoT Microcontroller Market, by Type
1.4.2 Europe IoT Microcontroller Market, by Application
1.4.3 Europe 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. Europe IoT Microcontroller Market by Type
4.1 Europe 32-bit Market by Country
4.2 Europe 16-bit Market by Country
4.3 Europe 8-bit Market by Country
Chapter 5. Europe IoT Microcontroller Market by Application
5.1 Europe Consumer Electronics Market by Country
5.2 Europe IoT Microcontroller Market by Consumer Electronics Type
5.2.1 Europe Smartphones Market by Country
5.2.2 Europe Wearables Market by Country
5.2.3 Europe Others Market by Country
5.3 Europe Industrial Automation Market by Country
5.4 Europe Smart Homes Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe IoT Microcontroller Market by Country
6.1 Germany IoT Microcontroller Market
6.1.1 Germany IoT Microcontroller Market by Type
6.1.2 Germany IoT Microcontroller Market by Application
6.1.2.1 Germany IoT Microcontroller Market by Consumer Electronics Type
6.2 UK IoT Microcontroller Market
6.2.1 UK IoT Microcontroller Market by Type
6.2.2 UK IoT Microcontroller Market by Application
6.2.2.1 UK IoT Microcontroller Market by Consumer Electronics Type
6.3 France IoT Microcontroller Market
6.3.1 France IoT Microcontroller Market by Type
6.3.2 France IoT Microcontroller Market by Application
6.3.2.1 France IoT Microcontroller Market by Consumer Electronics Type
6.4 Russia IoT Microcontroller Market
6.4.1 Russia IoT Microcontroller Market by Type
6.4.2 Russia IoT Microcontroller Market by Application
6.4.2.1 Russia IoT Microcontroller Market by Consumer Electronics Type
6.5 Spain IoT Microcontroller Market
6.5.1 Spain IoT Microcontroller Market by Type
6.5.2 Spain IoT Microcontroller Market by Application
6.5.2.1 Spain IoT Microcontroller Market by Consumer Electronics Type
6.6 Italy IoT Microcontroller Market
6.6.1 Italy IoT Microcontroller Market by Type
6.6.2 Italy IoT Microcontroller Market by Application
6.6.2.1 Italy IoT Microcontroller Market by Consumer Electronics Type
6.7 Rest of Europe IoT Microcontroller Market
6.7.1 Rest of Europe IoT Microcontroller Market by Type
6.7.2 Rest of Europe IoT Microcontroller Market by Application
6.7.2.1 Rest of Europe 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 Europe IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 7 Europe IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 8 Europe 32-bit Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe 32-bit Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe 16-bit Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe 16-bit Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe 8-bit Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe 8-bit Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 15 Europe IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 16 Europe Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 19 Europe IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 20 Europe SMARTPHONES MARKET by Country, 2018 - 2021, USD Million
TABLE 21 Europe Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe WEARABLES MARKET by Country, 2018 - 2021, USD Million
TABLE 23 Europe Wearables Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Industrial Automation Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Industrial Automation Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Smart Homes Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Smart Homes Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe IoT Microcontroller Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe IoT Microcontroller Market by Country, 2022 - 2028, USD Million
TABLE 34 Germany IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 35 Germany IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 36 Germany IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 37 Germany IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 38 Germany IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 39 Germany IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 40 Germany IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 41 Germany IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 42 UK IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 43 UK IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 44 UK IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 45 UK IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 46 UK IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 47 UK IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 48 UK IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 49 UK IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 50 France IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 51 France IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 52 France IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 53 France IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 54 France IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 55 France IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 56 France IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 57 France IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 58 Russia IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 59 Russia IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 60 Russia IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 61 Russia IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 62 Russia IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 63 Russia IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 64 Russia IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 65 Russia IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 66 Spain IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 67 Spain IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 68 Spain IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 69 Spain IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 70 Spain IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 71 Spain IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 72 Spain IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 73 Spain IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 74 Italy IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 75 Italy IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 76 Italy IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 77 Italy IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 78 Italy IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 79 Italy IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 80 Italy IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 81 Italy IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 82 Rest of Europe IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 83 Rest of Europe IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 84 Rest of Europe IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 85 Rest of Europe IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 86 Rest of Europe IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 87 Rest of Europe IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 88 Rest of Europe IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 89 Rest of Europe 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.