Dallas, TX -- (ReleaseWire) -- 03/14/2014 -- One of the major trends observed in the market is the declining price of microcontrollers. The cost of high-end microcontrollers such as 8-bit, 16-bit, and 32-bit microcontrollers is expected to decline during the forecast period, leading to their increased adoption. These microcontrollers are mainly used in power management applications as they reduce the power usage of equipment used in many industries. These factors are expected to increase the demand for microcontrollers during the forecast period. Thus, the declining price of high-end microcontrollers is expected to augur well for the growth of the market over the next few years.
Analysts forecast the Global Microcontroller market to grow at a CAGR of 6.09 percent over the period 2013-2018. According to the report, the growth of the Global Microcontroller market is driven by several factors and their increased application in the Automotive segment is one of the major factors. The rise in the production of hybrid and electric vehicles, where power management is a key concern, is resulting in the increased adoption of microcontrollers in the Automotive segment.
The Global Microcontroller Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the Global Microcontroller market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Further, the report states that the long development cycle of microcontrollers is one of the key challenges in the market. Their development process includes a series of steps that have to be strictly followed to attain the required quality. These steps tend to delay the time-to-market of the final product.
The report recognizes the following companies as the key players in Global Microcontroller Market: Atmel Corp., Freescale Semiconductor Inc., Infineon Technologies AG, Renesas Electronics Corp. , Fujitsu Ltd., Microchip Technology Inc., NXP Semiconductors NV, Samsung Electronics Co. Ltd, STMicroelectronics NV, and Texas Instruments Inc.
Other vendors mentioned in the report are Fujitsu Ltd., Microchip Technology Inc., NXP Semiconductors NV, Samsung Electronics Co. Ltd, STMicroelectronics NV, and Texas Instruments Inc.
Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=276789.
Key questions answered in this report:
1. What will the market size and growth rate be in 2018?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by key vendors?
7. What are the strengths and weaknesses of each of these key vendors?