Automotive Microcontrollers Market

Market Leader - Automotive Microcontrollers Market

Adaptive optics system measures the irregularities introduced by the media between an object of interest and its image with a wavefront sensor, and calculate the correction with the control system. Typically, a device such as a deformable mirror or liquid crystal array is used to correct the aberrations of an incoming wavefront. The adaptive optics market is expected to be worth USD 2,190.9 million by 2023, growing at a CAGR of 40.8% from 2017 to 2023. The adoption of adaptive optics in ophthalmology and retinal imaging is propelling the growth of the adaptive optics market. Increased government funding and advanced adaptive optics technology are further driving the growth of the adaptive optics market.

Increased demand for high-end vehicles and growing stringency of emission regulations have changed the market dynamics for automotive microcontroller manufacturers. Along with this, the leading OEMs are also adopting collaboration strategies with local players to expand their product base and customers. For example, in April 2017, Analog Devices, Inc. and Renesas Electronics Corporation (Japan) announced a collaboration for the development of a system level 77/79-GHZ RADAR sensor that will improve ADAS applications and enable autonomous driving vehicles. This sensor includes Renesas’s RH850/V1R-M Microcontroller. The above-mentioned factors are driving innovations in automotive technologies and products. One such innovation is the light weight microcontroller, which is used in various applications of the automotive industry.

The automotive microcontrollers market is dominated by a few global players and many regional players. The ecosystem of automotive microcontrollers market includes research & development, raw material supply, assembly and manufacturing, system integration, marketing and sales, automotive manufacturing, end-users, and post sales service. The report also profiles the most promising players in the automotive microcontrollers market. The competitive leadership mapping of this market presents an interesting picture of many big and small players that have become a force to reckon. A few of the profiled key players include Analog Devices Inc. (U.S.), Cypress Semiconductor Corporation (U.S.), Infineon Technologies AG (Germany), Maxim Integrated (U.S.), NXP Semiconductors (Netherlands), and ON Semiconductor (U.S.).

Cypress Semiconductor Corporation is a global supplier of automotive components with a major focus on microcontrollers. The company has a wide range of product offerings for microcontrollers and memory product solutions. The company has been focusing on the Internet of Things, connected appliances, and autonomous cars. It has an advanced product offering as it actively launches new products pertaining to the microcontroller market. For example, in 2017, Cypress Semiconductor Corporation launched a new S6J342xxx series microcontroller which supports the Controller Area Network Flexible Data-Rate (CAN FD) standard for high-speed, in-vehicle networking. The new microcontroller enables secure, high-speed networking for automotive body electronics.

Another major market player is ON Semiconductor Corp. (U.S.), which is one of the largest suppliers of automotive microcontrollers across the globe. ON Semiconductor Corporation completed the acquisition of Fairchild Semiconductors for USD 2.4 billion in 2016. The objective of this acquisition was to improve the cost structure and expand the profitability of the company.

Other major players in the microcontrollers manufacturing market for automotive are focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from several collaborations and joint venture projects these companies have undertaken in recent years.

Related Reports:

Automotive Microcontrollers Market by Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security), Technology (ACC, Blind Spot Detection, Park Assist, TPMS), Vehicle, EV, Bit Size, Connectivity, and Region - Global Forecast to 2022

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Report Code
AT 5550
Published ON
Sep, 2017
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