Reports and Intelligence includes a report titled “Global Microcontrollers Market (Type, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020”
Portland, OR -- (ReleaseWire) -- 07/07/2014 --Reports and Intelligence includes a report titled “Global Microcontrollers Market (Type, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020”
Microcontrollers are specially designed processors that are inserted in the electronic devices. These processors help to keep a track of devices and control their numerous operations.
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The technology assists in better management of the electronic devices and helps in fault-free execution of the operations. It is mostly used in automobile, communication, retail, and other industries. The report offers comprehensive view on the global microcontrollers market.
Growth of automotive industry, price correction and wider application of touch-screen devices are major factors that are driving the microcontrollers market. However, stiff completion in the market is the major restraint.
The product types of the market are 8-bit, 16-bit and 32-bit. 32-bit market would continue to lead the market due substantial availability and falling prices. The applications of microcontrollers are in sectors such as automotive, industrial, computer, communication, retail and others. At present, automotive sector has the highest application; however, with decreasing cost, the industrial application would drive the market.
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The geographical markets include North America, Europe, Asia-Pacific and Rest of the World (RoW). North America leads the market; however, Asia Pacific is assessed to drive the market in future due to growing automotive industry.
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