Ultra-low-power microcontrollers allow components and devices to operate and process data by consuming extremely low power. These microcontrollers extend the battery life and operational lifetime of devices. Ultra-low-power microcontrollers are the best fit for sensor nodes in IoT devices, connected devices, consumer devices, wearables, and other low-power electronics. The market is diversified in nature, with the presence of large manufacturers, along with small players, offering ultra-low-power microcontrollers (ULPMs). The ultra-low-power microcontroller market is projected to reach USD 7.9 billion by 2027, growing at a CAGR of 10.3% from 2022 to 2027. This report covers key applications, namely, consumer electronics, automotive, servers and data centers, healthcare, manufacturing, telecommunication, aerospace & defense, and media and entertainment, wherein ultra-low-power microcontrollers are used. Consumer electronics applications, including laptops and desktops, audio amplifier components, smartphones, home appliances, remote controls, building automation devices, and other home electronics, accounted for the largest share of 41% of the ultra-low-power microcontroller market in 2021. The use of ultra-low-power microcontrollers in consumer electronics is also supplemented by the increasing use of these devices for connected networks and IoT applications. The key players operating in the ultra-low-power microcontroller market include are Texas Instruments (US), Microchip Technology (US), STMicroelectronics (Switzerland), Renesas Electronic Corporation (Japan), and Infineon Technologies AG (Germany).
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Microchip Technology (US):
Microchip Technology is one of the leading developers and manufacturers of microcontrollers, analog devices, field programmable gate array (FPGA), and connectivity and power management semiconductors. The company has global presence in more than 65 countries in the Americas, Europe, and APAC. It serves more than 130,000 customers across the industrial, automotive, consumer, aerospace & defense, communications, and computing markets. Microchip offers a portfolio of scalable 8-, 16-, and 32-bit microcontrollers, digital signal controllers, and microprocessors. The company also provides easy-to-use development tools that enable customers to create optimal designs. The company is highly focused on its Semiconductor Products business. It emphasizes on developing and launching microcontrollers consuming extremely low power. The company also offers a development platform for developers to customize the designs for different low-power application requirements. The company offers solutions for various applications and industries such as aerospace & defense, audio devices, automotive, battery management, controller area network (CAN), display, Ethernet, functional safety, temperature monitoring, and many more.
Renesas Electronic Corporation (Japan):
Renesas is engaged in offering semiconductor solutions that include microcontrollers, as well as analog, power, and SoC products. The company designs, manufactures, and sells semiconductors for a wide range of applications, such as automotive, industrial, home electronics, office automation, and information communication technology. The company’s reportable segment includes automotive and Industrial/Infrastructure IoT. The microcontroller family of the company is designed to serve applications from connected mobile devices for the IoT market to high-performance embedded systems controllers. The company offers various semiconductor products, including power microcontrollers and processors, MOSFETs, IGBTs, intelligent power devices (IPD), thyristors and triacs, transistors, diodes, and power management devices. The company emphasizes on developing products based on state-of-the-art technologies, such as wireless connectivity and IoT, for various industries that can operate on ultra-low-power technology.
Ultra-low-power Microcontroller Market by Peripheral Device (Analog Devices and Digital Devices), Packaging Type (8-bit, 16-bit, and 32-bit), End-Use Application, & Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2027
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