According to a new report, North America Microcontrollers Market, published by KBV Research, the North America Microcontrollers Market is expected to reach $3.2 billion by 2022, growing at a CAGR of 11% during 2016 -2022.
The 8-BIT Microcontrollers market dominated the North America Microcontrollers Market in 2015, and would grow at a CAGR of 9% during the forecast period. The 16-BIT Microcontrollers market is expected attain a market size of $1.2 billion by 2022.
The Automotive market dominated the North America Microcontrollers Market in 2015, and would reach a market size of $1.0 billion by 2022, growing at a CAGR of 9.3% during the forecast period. The Industrial market is expected to attain a market size of $792.2 million by 2022.
The U.S market holds the largest share in the North America Microcontrollers Market in 2015, and would reach a market size of $2.4 billion by 2022, growing at a CAGR of 10.2% during the forecast period. The Canada market is expected to attain a market size of $470.1 million by 2022.
The report highlights the adoption of Microcontrollers in North America. Based on the Type, the North America Microcontrollers Market is segmented into 8-BIT Microcontrollers, 16-BIT Microcontrollers and 32-BIT Microcontrollers segment. Based on the Application, the market is bifurcated into Automotive, Industrial, Consumer Goods, Computer and Communications segment. The countries included in the report are U.S, Canada, Mexico and Rest of North America.
Key Players profiled in the report includes Cypress Semiconductor Corp., ARM LTD., Renesas Electronics Corporation, Microchip Technology, Fujitsu Limited,NXP Semiconductor N.V., Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG and Panasonic Corporation.
Full report :https://www.kbvresearch.com/north-america-microcontrollers-market/
The market is segmented based on Type, End User and Country.
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