The microcontroller market size was valued at USD 5.95 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 6 % during the forecast period 2020-2024. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the microcontroller market.
The size of the global microcontroller market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Analog Devices Inc., Cypress Semiconductor Corp., Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors NV, Panasonic Corp., Renesas Electronics Corp., Samsung Electronics Co. Ltd., STMicroelectronics NV, and Texas Instruments Inc..
