The North America IoT Microcontroller Market would witness market growth of 12.3% CAGR during the forecast period (2022-2028).
A microcontroller for IoT applications is a compact, self-contained control unit included in a single integrated circuit or microchip. These microcontrollers have a particular purpose and are frequently found in a wide range of devices like home electronics and smartphones. Microcontrollers for the Internet of Things have ROM, RAM, and other peripherals that allow them to do simple and fundamental tasks on their own. In addition, microcontrollers are used in IoT applications because of their ease of use, security, and low cost.
In conventional microcontrollers and CPUs, interfaces like Ethernet and USB are prevalent. Many new IoT gadgets, on the other hand, need a wireless connection. Wi-Fi and Bluetooth Low Energy have preferred technologies in this case, as they are already supported by smartphones and tablet PCs. Microcontrollers are increasingly being utilized in the automotive industry to automate processes. Increased mobility has stemmed from the high use of microcontrollers, which has resulted in automation as well as better subsystem design and lesser use of wires for connectivity. In addition, microcontrollers are single-purpose devices, and their use in the automotive industry has led to automation in a variety of areas, including Automatic Parking, Electronic Stability Systems, and Smart Phone-managed car security.
Due to the significant demand for high-end equipment across major end-user applications, this region is one of the biggest consumers of microcontrollers. One of the factors fueling the demand for the 8-bit microcontroller is the growing popularity of hybrid, electric, and autonomous vehicles. The industry is estimated to benefit from the growing popularity of e-bikes and mopeds. According to the IEA, in 2017, US cities teamed up to mass-purchase electric vehicles, around 110,000 electric vehicles, for public transportation. Industrial automation, smartphones, and smart infrastructure equipment like communications, meters, and electric vehicles are also driving microcontroller's demand in North America, particularly in the United States. Moreover, the rapid growth of IoT microcontrollers is also anticipated to surge owing to rising demand for smart home initiatives along with rising IT requirements, which drives market demand to this region.
The US market dominated the North America IoT Microcontroller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,054 million by 2028. The Canada market is exhibiting a CAGR of 14.9% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 13.9% during (2022 - 2028).
Based on Type, the market is segmented into 32-bit, 16-bit, and 8-bit. Based on Application, the market is segmented into Consumer Electronics (Smartphones, Wearables, and Others), Industrial Automation, Smart Homes, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IoT Microcontroller Market is Estimated to reach $9.9 Billion by 2028, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Silicon Laboratories, Inc., Espressif Systems Shanghai Co Ltd., Holtek Semiconductor, Inc., Renesas Electronics Corporation, STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments, Inc., NXP Semiconductors N.V., Nuvoton Technology Corporation, and Microchip Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Consumer Electronics
- Smartphones
- Wearables
- Others
- Industrial Automation
- Smart Homes
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Silicon Laboratories, Inc.
- Espressif Systems Shanghai Co Ltd.
- Holtek Semiconductor, Inc.
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Infineon Technologies AG
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- Nuvoton Technology Corporation
- Microchip Technology, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Microcontroller Market, by Type
1.4.2 North America IoT Microcontroller Market, by Application
1.4.3 North America IoT Microcontroller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
Chapter 4. North America IoT Microcontroller Market by Type
4.1 North America 32-bit Market by Country
4.2 North America 16-bit Market by Country
4.3 North America 8-bit Market by Country
Chapter 5. North America IoT Microcontroller Market by Application
5.1 North America Consumer Electronics Market by Country
5.2 North America IoT Microcontroller Market by Consumer Electronics Type
5.2.1 North America Smartphones Market by Country
5.2.2 North America Wearables Market by Country
5.2.3 North America Others Market by Country
5.3 North America Industrial Automation Market by Country
5.4 North America Smart Homes Market by Country
5.5 North America Others Market by Country
Chapter 6. North America IoT Microcontroller Market by Country
6.1 US IoT Microcontroller Market
6.1.1 US IoT Microcontroller Market by Type
6.1.2 US IoT Microcontroller Market by Application
6.1.2.1 US IoT Microcontroller Market by Consumer Electronics Type
6.2 Canada IoT Microcontroller Market
6.2.1 Canada IoT Microcontroller Market by Type
6.2.2 Canada IoT Microcontroller Market by Application
6.2.2.1 Canada IoT Microcontroller Market by Consumer Electronics Type
6.3 Mexico IoT Microcontroller Market
6.3.1 Mexico IoT Microcontroller Market by Type
6.3.2 Mexico IoT Microcontroller Market by Application
6.3.2.1 Mexico IoT Microcontroller Market by Consumer Electronics Type
6.4 Rest of North America IoT Microcontroller Market
6.4.1 Rest of North America IoT Microcontroller Market by Type
6.4.2 Rest of North America IoT Microcontroller Market by Application
6.4.2.1 Rest of North America IoT Microcontroller Market by Consumer Electronics Type
Chapter 7. Company Profiles
7.1 Silicon Laboratories, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.1 Recent strategies and developments:
7.1.1.1 Partnerships, Collaborations, and Agreements:
7.2 Espressif Systems Shanghai Co Ltd.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Holtek Semiconductor, Inc.
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.4 Renesas Electronics Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.5 STMicroelectronics N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Infineon Technologies AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.5.4 Geographical Expansions:
7.6.6 SWOT Analysis
7.7 Texas Instruments, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 NXP Semiconductors N.V.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 Nuvoton Technology Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Microchip Technology, Inc.
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 North America IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 2 North America IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – IoT Microcontroller Market
TABLE 4 Product Launches And Product Expansions – IoT Microcontroller Market
TABLE 5 Acquisition and Mergers – IoT Microcontroller Market
TABLE 6 North America IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 7 North America IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 8 North America 32-bit Market by Country, 2018 - 2021, USD Million
TABLE 9 North America 32-bit Market by Country, 2022 - 2028, USD Million
TABLE 10 North America 16-bit Market by Country, 2018 - 2021, USD Million
TABLE 11 North America 16-bit Market by Country, 2022 - 2028, USD Million
TABLE 12 North America 8-bit Market by Country, 2018 - 2021, USD Million
TABLE 13 North America 8-bit Market by Country, 2022 - 2028, USD Million
TABLE 14 North America IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 15 North America IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 16 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 18 North America IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 19 North America IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 20 North America SMARTPHONES MARKET by Country, 2018 - 2021, USD Million
TABLE 21 North America Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Wearables Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Wearables Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Industrial Automation Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Industrial Automation Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Smart Homes Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Smart Homes Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 32 North America IoT Microcontroller Market by Country, 2018 - 2021, USD Million
TABLE 33 North America IoT Microcontroller Market by Country, 2022 - 2028, USD Million
TABLE 34 US IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 35 US IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 36 US IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 37 US IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 38 US IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 39 US IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 40 US IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 41 US IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 42 Canada IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 43 Canada IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 44 Canada IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 45 Canada IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 46 Canada IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 47 Canada IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 48 Canada IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 49 Canada IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 50 Mexico IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 51 Mexico IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 52 Mexico IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 53 Mexico IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 54 Mexico IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 55 Mexico IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 56 Mexico IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 57 Mexico IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 58 Rest of North America IoT Microcontroller Market, 2018 - 2021, USD Million
TABLE 59 Rest of North America IoT Microcontroller Market, 2022 - 2028, USD Million
TABLE 60 Rest of North America IoT Microcontroller Market by Type, 2018 - 2021, USD Million
TABLE 61 Rest of North America IoT Microcontroller Market by Type, 2022 - 2028, USD Million
TABLE 62 Rest of North America IoT Microcontroller Market by Application, 2018 - 2021, USD Million
TABLE 63 Rest of North America IoT Microcontroller Market by Application, 2022 - 2028, USD Million
TABLE 64 Rest of North America IoT Microcontroller Market by Consumer Electronics Type, 2018 - 2021, USD Million
TABLE 65 Rest of North America IoT Microcontroller Market by Consumer Electronics Type, 2022 - 2028, USD Million
TABLE 66 key information – Silicon Laboratories, Inc.
TABLE 67 Key information – Espressif Systems Shanghai Co Ltd.
TABLE 68 Key Information – Holtek Semiconductor, Inc.
TABLE 69 key information – Renesas Electronics Corporation
TABLE 70 Key Information – STMicroelectronics N.V.
TABLE 71 Key Information – Infineon Technologies AG
TABLE 72 Key Information – Texas Instruments, Inc.
TABLE 73 Key Information – NXP Semiconductors N.V.
TABLE 74 Key Information – Nuvoton Technology Corporation
TABLE 75 Key Information – Microchip Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Jun – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Renesas Electronics Corporation
FIG 6 Recent strategies and developments: STMicroelectronics N.V.
FIG 7 Swot analysis: stmicroelectronics n.v.
FIG 8 Recent strategies and developments: Infineon Technologies AG
FIG 9 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 10 SWOT Analysis: Texas Instruments, Inc.
FIG 11 Recent strategies and developments: NXP Semiconductors N.V.
FIG 12 Swot analysis: NXP semiconductors N.V.
FIG 13 Recent strategies and developments: Microchip Technology, Inc.