Microcontroller Market Size and Forecast till 2030

The automotive industry is a significant consumer of microcontrollers, driving demand for advanced features in vehicles. Microcontrollers are used in engine control units (ECUs), infotainment systems, advanced driver assistance systems (ADAS), and vehicle connectivity solutions. The rising adoption of electric vehicles (EVs), autonomous driving technologies, and connected car platforms is fueling the demand for microcontrollers with enhanced processing power, real-time capabilities, and robust security features. The proliferation of Internet of Things (IoT) devices is a major driver of the microcontroller market.