Microcontroller also known as the brain of the future systems have strongly influenced the industries. It’s a known fact that modern industries, whether it is a home appliance, car, office, manufacturing or healthcare, everything has optimally used microcontrollers that have led to the creation of some great products like infotainment system of the car, home appliances like washing machine, mobile phones, ECG machine, CT scanner, photocopy machine and what not. Look around and you will find microcontrollers becoming the invisible companion of humans, helping in simplifying lives of people. The astounding success of microcontroller is credited to its simplicity and agility.
Growing demand of microcontroller
The growing demand of microcontroller is because of its wide application in an array of devices which forms the basis of our life. The automotive industry, healthcare or transportation, you name the sector and microcontrollers will have their names engraved on each product. This has strongly influenced the market condition where we are expecting a high rise in the sales of microcontrollers. It has led to the evolution of embedded system that finds wide application in an array of products. It would not be wrong to claim that microcontrollers in the form of embedded system have deeply impacted the industries and its growth.
If the statistics are to be believed then, microcontrollers market is all set to break the records of success with the expected rise to reach 39,108.54 million units by the year 2020, with the expected CAGR of 12.34% from 2014 to 2020.
Factors driving the growth of microcontrollers:
- Cheaper and smaller than microprocessors
- They are agile and simple to use
- It can be reprogrammed to perform other functions
- Can be used as a substitute for other ICs
Microcontrollers have a strong foothold in many industries with its highest impact felt in the automotive industry. The industry has seen a remarkable increase in sales in the last decade and the demand for microcontroller embedded system has risen to peak. From infotainment system to climate detection, microcontrollers find myriads of use in the car or any other form of technology we use in our daily lives. Working on real-time, the embedded system has completely transformed the lives of people. If the statistics are scanned then : Microcontroller market size was USD 16.5 million in 2013 and is expected to rise to USD 24 billion by the year 2020. The prime reason for this is credited to the growing use and demand of Internet of Things. Many wireless devices like Bluetooth, NFC chips, and ZigBee make use of microcontrollers to automate processes like tap-to-pay, tap-to-pair, file transfer etc.
Coming to the places where the demand for microcontroller based embedded system has increased then Asia Pacific grabbed the position for the largest market in the year 2013, it shares 35% of the market (based on revenue and volume). The future is also expected to shine in this region with the growth rate of 7.88% from 2014- 2020. Increasing demand for automobiles and consumer good are accountable for this increased rate of growth.
Key Players
Microcontrollers design and development happen to be key are of interest for many companies and Bytesplay is no different. We are an electronics product development company that has carved a niche for itself in the electronic engineering service provider market. Our products speak volume about our electronics engineering services and state of the art technology. Bytesplay electronic engineering service division produces microcontroller of
- 8-bit Microcontrollers
- 16 bit Digital Signal Controllers (DSC)
- 16 bit General Purpose Microcontrollers
- 32-bit Microcontrollers
As a trusted electronics product development company, Bytesplay provides you an array of choices when it comes to adding the features to microcontrollers, you can tell your requirement and we will make the adjustment accordingly.
Get in touch with today to know more about microcontrollers and how it can transform your business.
