Ultra-low-power Microcontroller Market By Peripheral Device, By Packaging Type, By Application, and by Geography – Opportunities and Forecast, 2022-2029
Ultra-low-power Microcontroller Market By Peripheral Device (Analog Devices and Digital Devices), By Packaging Type (8-Bit Packaging, 16-Bit Packaging and 32-Bit Packaging), By Application (Consumer Electronics, Manufacturing, Automotive, Healthcare, Telecommunications, Aerospace & Defense, Media and Entertainment, and Others), and by Geography
GMI Research analysis indicates that the Ultra-Low-Power Microcontroller Market estimated at USD 5.0 billion in 2021 and is slated to register a double digit CAGR of 10.1% over the period 2022-2029 and is projected to reach USD 10.7 billion in 2029 owing to the accelerating penetration of smartphones, home appliances, and building automation devices.
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Main Ultra-Low Power Microcontroller Market Drivers
Primary factors driving ultra-low power microcontroller market are increasing use of consumer electronic devices such as laptops, smartphones, smart home devices, and smart appliance coupled with shrinking size of electronic components in electronic devices. Moreover, Manufacturer are focussing to manufacture low-power consuming devices which is accelerating the market growth. Growing adoption of low-power consumption devices and increasing use of building and home automation systems, are fuelling the demand for low power microcontrollers. The increase in investments for research and development by leading companies will offer enormous opportunities to the market.
Growing emphasis of manufacturers to integrate a low power feature into their MCUs, peripherals and equipment to ease the migration, which is another factor propelling the growth of ultra low power microcontroller market. Furthermore, surging demand for energy-efficient components and rising adoption of IoT connected devices, are augmenting the demand for low voltage microcontroller. Electric vehicles require electric power supply rather any conventional fossil fuel like crude oil or natural gas to operate, thus the adoption of electronic devices in the production of these vehicles is high, which in turn is accelerating the demand for low power micro controllers. As per the data released by International Energy Agency (IEA), in 2021, the sales of fully electric and plug-in hybrids vehicles doubled to reach 6.6 million. The sales of electric vehicles will continue to grow as countries are taking steps to reduce carbon emissions, which is expected to create lucrative growth opportunities for ultra-low power microcontroller market.
Expanding use of ultra-low-power microcontroller in different application such as automotive, servers and data centres, healthcare, manufacturing, telecommunications, aerospace & defence, and media and entertainment, is accelerating the growth of ultra-low-power microcontroller market. Increasing application of ultra-low power microcontrollers in automotive industry in interior cabin motors, infotainment system, steering, and headlights among others to improve fuel efficiency and battery life, will expand the market size. However, complex design is hampering the growth of ultra-low-power microcontroller market.
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Based on Peripheral Device, Analog Device segment is projected to dominate the market.
Surge in the demand for home automation systems, growing need for low-power electronics and increasing adoption of connected devices around the world, are some of the factors boosting the segment’s growth.
Based on Packaging Type, 32-bit Packaging segment is forecast to expand at the fastest rate.
32 bit-low-power-microcontrollers are gaining traction in the ultra-low power microcontroller market, as it provides high level of precision in embedded system. Additionally, manufacturers worldwide are focussing to shift their production from 8-bit and 16-bit to 32 bit-low-power-microcontrollers, which in turn has boosted the supply of 32-bit packaging.
Based on Application, Consumer Electronics segment is estimated to hold the largest market share.
Surge in the demand for smart appliances and smart devices like building automation devices. Furthermore, analog devices, has emerged as major supplier in the consumer electronics market.
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Based on Region, Asia-Pacific region is expected to dominate the market.
Asia-Pacific microcontroller market is driven by increasing penetration of consumer electronics and automobiles along with the accelerating population, the penetration of home appliances. Increasing adoption of IoT devices in Asia-pacific regions like China, India, Japan, Korea and others will expand the market. In addition, increasing demand in medical devices support to address development challenges is another factor, which is boosting the adoption of low power MCU in the region. Increasing initiatives such as heavy investments in R&D, across various nations like China, India, South Korea, and Japan is expected to boost the demand for ultra-low-power microcontrollers. The increasing production and consumption of electronic devices and the presence of various leading manufacturers of electronic devices, such as Fujitsu Ltd. and Hitachi, is significantly driving the regional growth. Moreover, the growing demand for effective ultra-low-power microcontroller-integrated systems from consumer electronics, automotive, defense, and healthcare sectors will boost the market growth.
Top Market Players
Various notable players in the Ultra-low-power Microcontroller market are Intel Corporation, ROHM Semiconductor, Toshiba Corporation, Seiko Epson Corporation, Nuvoton Technology Corporation, Ambiq Micro, Elan Microelectronics, Zilog, Inc., and XMOS, Marvell Technology Group among others.
Key Developments:
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- In November 2022, ROHM Semiconductor, a supplier of manufactures integrated circuits (ICs) and semiconductors, introduced its on-device learning AI chip. This chip uses artificial intelligence to predict failures in electronic devices, which are equipped with motors and sensors.
- In June 2022, Infineon Technologies AG, major semiconductor manufacturing company based out of Germany, added AIROC CYW20820 Bluetooth and Bluetooth LE (low energy) system to its AIROC Bluetooth Portfolio.
- In December 2021, Renesas Electronics Corporation, a Japanese semiconductor company added 2 ultra-low-power microcontrollers under its RL78 MCUs family for automotive actuator and sensor control.
- In October 2021, Renesas Electronics Corporation developed 32-bit ultra-low-power MCUs based on Arm Cortex-M23 Core primarily for IoT devices, consumer electronics, and home automation applications.
- In October 2020, Microchip Technology Inc., completed the acquisition of Tekron International Limited. This acquisition helped the Microchip Technology, to expand its synchronization and timing portfolio.
- In March 2020, Toshiba Electronic Devices & Storage Corporation, announced its plans to expand microcontroller product line-up by launching new range of 32-bit microcontrollers based on the Arm Cortex core.
- In January 2020, Fluent.ai, a major speech technology company based in Canada, partnered with Ambiq Micro, to expand voice Interface Use cases such as smart remotes, voice controlled lights and wearables.
Segments covered in the Report:
The Global Ultra-low-power Microcontroller market has been segmented on the basis of Peripheral Device, Packaging Type, application and Geography. Based on Peripheral Device market is categorized into Analog Devices and Digital Devices. Based on the Packaging Type market is segmented into 8-Bit Packaging, 16-Bit Packaging and 32-Bit Packaging. Based on the application market is segmented into Consumer Electronics, Manufacturing, Automotive, Healthcare, Telecommunications, Aerospace & Defense, Media and Entertainment, and Others
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Report Coverage |
Details |
Market Revenues (2021) |
USD 5.0 billion |
Market Base Year |
2021 |
Market Forecast Period |
2022-2029 |
Base Year & Forecast Units |
Revenues (USD Billion) |
Market Segment | By Peripheral Device, By Packaging Type, By Application, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Intel Corporation, ROHM Semiconductor, Toshiba Corporation, Seiko Epson Corporation, Nuvoton Technology Corporation, Ambiq Micro, Elan Microelectronics, Zilog, Inc., and XMOS, Marvell Technology Group among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Ultra-low-power Microcontroller Market by Peripheral Device
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- Analog Device
- Digital Device
Global Ultra-low-power Microcontroller Market by Packaging Type
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- 8-bit Packaging
- 16-bit Packaging
- 32-bit Packaging
Global Ultra-low-power Microcontroller Market by Application
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- Consumer Electronics
- Manufacturing
- Automotive
- Healthcare
- Telecommunications
- Aerospace & Defense
- Media and Entertainment
- Others
Global Ultra-low-power Microcontroller Market by Region
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- North America Global Ultra-low-power Microcontroller Market (Option 1: As a part of the free 25% customization)
- By Manufacturing
- By Application
- By End-Use Industry
- US Market All-Up
- Canada Market All-Up
- Europe Global Ultra-low-power Microcontroller Market (Option 2: As a part of the free 25% customization)
- By Manufacturing
- By Application
- By End-Use Industry
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
- Asia-Pacific Global Ultra-low-power Microcontroller Market (Option 3: As a part of the free 25% customization)
- By Manufacturing
- By Application
- By End-Use Industry
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
- RoW Global Ultra-low-power Microcontroller Market (Option 4: As a part of the free 25% customization)
- By Manufacturing
- By Application
- By End-Use Industry
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
- North America Global Ultra-low-power Microcontroller Market (Option 1: As a part of the free 25% customization)
Leading Market Players
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- Intel Corporation
- ROHM Semiconductor
- Toshiba Corporation
- Seiko Epson Corporation
- Nuvoton Technology Corporation
- Ambiq Micro
- Elan Microelectronics
- Zilog, Inc.
- XMOS
- Marvell Technology Group
Frequently Asked Question About This Report
Ultra-Low-Power Microcontroller Market [UP256A-00-1219]
Ultra-Low-Power Microcontroller Market was estimated at USD 5.0 billion in 2021.
Ultra-Low-Power Microcontroller Market is forecast to expand at a CAGR of 10.1% during the period 2022-2029
Asia-Pacific region is estimated to capture the largest market share.
Some of the leading players operating in the Ultra-Low-Power Microcontroller Market are Seiko Epson Corporation, Nuvoton Technology Corporation, Ambiq Micro, Intel Corporation, ROHM Semiconductor, Toshiba Corporation, Elan Microelectronics, Zilog, Inc., and XMOS, Marvell Technology Group among others.
- Published Date: Dec-2021
- Report Format: Excel/PPT
- Report Code: UP256A-00-1219
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Ultra-low-power Microcontroller Market By Peripheral Device, By Packaging Type, By Application, and by Geography – Opportunities and Forecast, 2022-2029
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