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global-research-report · 2 months ago

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IoT Microcontroller Market Insights: Key Players & Innovations

The global IoT microcontroller market size is anticipated to reach USD 12.94 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 16.3% from 2025 to 2030. Increase in adoption of smart home devices integrated with mobile applications and advancements in low power Microcontroller (MCU) are expected to drive the market growth. The surge in the number of enterprise IoT connections across industries such as manufacturing, healthcare, and energy and power is also expected to drive the growth of the market over the forecast period.

Advancements in short-range wireless connectivity such as Zigbee, Bluetooth, and KNX technologies, notably in Europe and North America also expected to drive IoT adoption over the next few years. Advancements in disruptive technologies such as big data analytics, Artificial Intelligence (AI), and industrial IoT are further expected to propel the adoption of IoT-connected devices. Increasing investments through funding in start-ups such as Hypervolt, HIXAA, SmartRent, and other SMEs that help to gain new IoT-based projects in industries likely to create the need for a high-performance, low-power IoT MCUs market over the forecast period.

Key IoT MCU manufacturers such as RENESAS Electric Corporation, NXP Semiconductors, and STMicroelectronics are innovating high-performance MCUs to meet the demand. For instance, in 2022, Renesas Electric Corporation launched the 32-bit RA Family of microcontrollers (MCUs). The launched product is based on the Arm Cortex-M23 core, which offers shallow power consumer MCUs developed explicitly for IoT endpoint applications, including industrial automation, medical devices, intelligent home appliances, and wearables.

The COVID-19 outbreak positively impacted the IoT MCU market in 2020. Government-imposed restrictions and stay-at-home mandates increased the demand for smart wearables, including fitness trackers, health-based wearables, and other consumer IoT devices. Due to a sudden increase in demand for consumer IoT devices and a temporary halt of production units, the market experienced a shortage of MCUs in 2021, creating an imbalance in supply and demand. In light of these factors, device manufacturers are expected to hike the connected product prices in 2022, which is likely to continue until 2023.

IoT Microcontroller Market Report Highlights

32-bit captured more than 47% market share of the overall IoT MCU market in 2024, with the market size expected to register a healthy CAGR over the forecast period. An increase in the adoption of smart utilities and industrial robotics is expected to drive market growth over the forecast period

The industrial automation segment dominated the market with a revenue share of 33.1% in 2024. Industrial automation aims to streamline processes, increase operational efficiency, and improve productivity

Asia Pacific led the market in 2024, a trend expected to continue over the mid-term. Adding to this, increasing government initiatives to develop innovative and connected infrastructure signifies market growth

IoT Microcontroller Market Segmentation

Grand View Research has segmented the global IoT microcontroller market report based on product, application, and region:

IoT Microcontroller Product Outlook (Revenue; USD Billion, 2018 - 2030)

8 Bit

16 Bit

32 Bit

IoT Microcontroller Application Outlook (Revenue; USD Billion, 2018 - 2030)

Industrial Automation

Smart Home

Consumer Electronics

Smartphones

Wearables

Others

IoT Microcontroller Regional Outlook (Revenue: USD Billion, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Middle East & Africa (MEA)

UAE

Saudi Arabia

South Africa

Key Players in the IoT Microcontroller Market

Broadcom

Espressif Systems (Shanghai) Co., Ltd

Holtek Semiconductor Inc.

Infineon Technologies

Microchip Technology Inc.

Nuvoton Technology Corporation

NXP Semiconductors

Silicon Laboratories

STMicroelectronics

Texas Instruments Incorporated

Renesas Electronics Corporation

Order a free sample PDF of the IoT Microcontroller Market Intelligence Study, published by Grand View Research.

#IoT Microcontroller Market

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vipinmishra · 1 year ago

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Microcontroller Unit Market is expected to register a CAGR of 9.7% By 2029

Global Microcontroller Unit Market is rising due to increasing demand for smart devices, IoT applications, and automation across various industries in the forecast period 2025-2029.

According to TechSci Research report, “Microcontroller Unit Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, The Global Microcontroller Unit (MCU) Market is experiencing significant growth driven by the escalating demand for smart devices, Internet of Things (IoT) applications, and automation in diverse industries. MCUs, which are compact integrated circuits comprising a processor core, memory, and programmable input/output peripherals, play a crucial role in controlling various electronic devices. The proliferation of smart appliances, wearable gadgets, automotive advancements, and industrial automation has propelled the market's expansion.

Additionally, the increasing adoption of MCUs in sectors such as healthcare, consumer electronics, and telecommunications is fueling market growth. Furthermore, technological advancements, such as the development of energy-efficient and high-performance MCUs, are enhancing their applicability in complex systems. Moreover, the rise of edge computing, where data is processed closer to the data source, is driving the demand for MCUs in edge devices, augmenting their market reach.

As businesses continue to invest in digital transformation and IoT solutions, the Global MCU Market is anticipated to flourish, presenting lucrative opportunities for manufacturers and stakeholders. However, the market also faces challenges related to intense competition and evolving technological standards, necessitating constant innovation and strategic partnerships for sustained growth.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Microcontroller Unit Market”. https://www.techsciresearch.com/report/microcontroller-unit-market/20928.html

The Global Microcontroller Unit (MCU) Market, a pivotal sector within the semiconductor industry, has undergone remarkable evolution in recent years, shaping the foundation of modern technological advancements. MCUs, compact integrated circuits comprising a processor core, memory, and programmable input/output peripherals, serve as the brains behind an extensive array of electronic devices, ranging from everyday consumer gadgets to intricate industrial automation systems. One of the key driving forces behind the market's growth is the escalating demand for smart devices and the Internet of Things (IoT) applications.

The surge in IoT technology has led to an unprecedented proliferation of interconnected devices, each powered by MCUs, facilitating seamless communication, data processing, and automation. From smart home appliances and wearable devices to industrial sensors and healthcare equipment, MCUs have become the backbone of the interconnected world, enabling unprecedented levels of efficiency, convenience, and innovation.

Furthermore, the automotive industry has emerged as a significant driver, propelling the demand for advanced MCUs. Modern vehicles are equipped with a plethora of electronic systems, such as engine control units, infotainment systems, and advanced driver-assistance systems (ADAS), each relying on MCUs for optimal performance. The evolution towards electric vehicles (EVs) and autonomous driving technologies has further bolstered the need for high-performance MCUs capable of handling complex computations and ensuring real-time responsiveness. This trend underscores the critical role MCUs play in reshaping the automotive landscape, enhancing safety, efficiency, and driving experiences.

Another compelling factor fueling the MCU market is the relentless march of automation across various industries. Manufacturing plants, logistics centers, and even offices are increasingly relying on MCUs to automate processes, optimize operations, and reduce human intervention. MCUs enable seamless integration of sensors, robotics, and control systems, transforming traditional industries into smart, interconnected ecosystems. This trend not only improves productivity but also drives the demand for specialized MCUs tailored to industrial automation requirements, contributing significantly to market growth.

Moreover, the healthcare sector has embraced MCUs, incorporating them into an array of medical devices and diagnostic equipment. From wearable health trackers and smart prosthetics to high-tech imaging devices, MCUs enable precise control, data processing, and real-time monitoring, enhancing patient care and medical outcomes. The integration of MCUs into healthcare applications exemplifies the market's adaptability and its ability to address diverse industry needs.

Additionally, MCUs continue to find extensive applications in aerospace and defense, where reliability, performance, and ruggedness are paramount. These applications, often involving extreme conditions and critical missions, rely on MCUs to deliver optimal performance and ensure the functionality of sophisticated avionics systems, navigation equipment, and military hardware.

In conclusion, the Global Microcontroller Unit Market stands at the forefront of technological innovation, enabling the seamless integration of smart devices, automation, and connectivity across diverse industries. With the relentless pursuit of efficiency, connectivity, and intelligence characterizing the modern era, the MCU market is poised for continuous growth, shaping the future of industries and transforming the way people live, work, and interact with the world around them.

The Global Microcontroller Unit Market is segmented into Product, Application, regional distribution, and company. Based on Product, the 32-bit microcontroller unit (MCU) segment emerged as the dominant force in the Global Microcontroller Unit Market and is anticipated to maintain its supremacy throughout the forecast period. The 32-bit MCUs gained prominence due to their superior processing power, extensive memory capacity, and versatility in handling complex applications across various sectors.

Industries such as automotive, industrial automation, and consumer electronics increasingly rely on 32-bit MCUs to support advanced features like high-resolution displays, intricate algorithms, and multitasking capabilities. These microcontrollers offer a perfect balance between performance and energy efficiency, making them ideal for applications demanding substantial computational capabilities while ensuring optimal power consumption.

Additionally, the 32-bit MCUs have witnessed rapid advancements in terms of integration of features such as wireless connectivity and enhanced security protocols, aligning them with the evolving requirements of modern IoT applications. Their ability to handle sophisticated tasks and accommodate future technological developments positions them as the preferred choice for manufacturers and developers. As industries continue to demand more sophisticated, feature-rich, and power-efficient solutions, the 32-bit MCU segment is expected to maintain its dominance, driving innovation and shaping the landscape of the Global Microcontroller Unit Market in the foreseeable future.

Based on region, Asia-Pacific stood out as the dominating region in the Global Microcontroller Unit (MCU) Market, and it is anticipated to maintain its dominance during the forecast period. Several factors contribute to Asia-Pacific's market leadership, including the presence of key MCU manufacturing hubs in countries like China, Japan, South Korea, and Taiwan. These countries have established themselves as major players in the global semiconductor industry, producing a substantial portion of the world's MCUs.

Additionally, the region's robust electronics manufacturing ecosystem, technological expertise, and the continuous demand for consumer electronics, automotive components, and industrial automation solutions have fueled the growth of the MCU market. Rising investments in research and development, coupled with favorable government policies supporting the semiconductor sector, further contribute to the region's dominance.

Moreover, the proliferation of IoT applications, smart devices, and digitalization efforts across various industries in Asia-Pacific continues to drive the demand for advanced MCUs. With a strong manufacturing base, technological innovation, and a growing market for electronic products, Asia-Pacific is well-positioned to maintain its leadership in the Global Microcontroller Unit Market in the foreseeable future.

Major companies operating in Global Microcontroller Unit Market are:

Renesas Electronics Corporation

NXP Semiconductors N.V.

Texas Instruments Incorporated

STMicroelectronics N.V.

Infineon Technologies AG

Microchip Technology Inc.

Cypress Semiconductor Corporation

Analog Devices, Inc.

Silicon Laboratories Inc.

Maxim Integrated Products, Inc.

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Customers can also request for 10% free customization on this report.

“The Global Microcontroller Unit (MCU) Market, a vital segment within the semiconductor industry, has evolved significantly, shaping modern technological advancements. MCUs, compact integrated circuits comprising a processor core, memory, and programmable input/output peripherals, serve as the brains behind a wide array of electronic devices, from consumer gadgets to complex industrial automation systems. The market's growth is propelled by the surging demand for smart devices and Internet of Things (IoT) applications. MCUs power interconnected devices, facilitating seamless communication and automation, from smart home appliances to healthcare equipment.

The automotive industry is a major driver, demanding advanced MCUs for electronic systems in vehicles, enhancing safety and efficiency. Automation across industries further fuels the market, with MCUs integrating sensors and robotics, optimizing operations. Additionally, MCUs play a vital role in healthcare devices, improving patient care, and find applications in aerospace and defense for their reliability. As industries prioritize efficiency and connectivity, the MCU market continues to innovate, shaping the future of diverse sectors,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Microcontroller Unit Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (8-bit, 16-bit, 32-bit), By Application (Consumer Electronics & Telecom, Automotive, Industrial, Medical Devices, Aerospace & Defense, Others), By Region, By Competition, 2019-2029”, has evaluated the future growth potential of Global Microcontroller Unit Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Microcontroller Unit Market.

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Website: www.techsciresearch.com

#Microcontroller Unit Market #Microcontroller Unit Market Size #Microcontroller Unit Market Share #Microcontroller Unit Market Trends #Microcontroller Unit Market Growth #Microcontroller Unit Market Forecast

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market-insider · 3 years ago

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IoT Microcontroller Market Driven By Wearable Devices and Smart Systems | CAGR 12.7%

The global IoT microcontroller market size is projected to reach USD 12.94 billion by 2030, registering a CAGR of 12.7% from 2022 to 2030, according to a new study by Grand View Research Inc. Increase in adoption of smart home devices integrated with mobile applications and advancements in low power Microcontroller (MCU) are expected to drive the market growth. The surge in the number of enterprise IoT connections across industries such as manufacturing, healthcare, and energy and power is also expected to drive the growth of the market over the forecast period. Advancements in short-range wireless connectivity such as Zigbee, Bluetooth, and KNX technologies, notably in Europe and North America also expected to drive IoT adoption over the next few years. Advancements in disruptive technologies such as big data analytics, Artificial Intelligence (AI), and industrial IoT are further expected to propel the adoption of IoT-connected devices. Increasing investments through funding in start-ups such as Hypervolt, HIXAA, SmartRent, and other SMEs that help to gain new IoT-based projects in industries likely to create the need for a high-performance, low-power IoT MCUs market over the forecast period.

Please Visit link For Sample report with TOC: IoT Microcontroller Market Report

The IoT MCU market is a competitive market characterized by incumbents and a few small-scale manufacturers. Leading market players are investing aggressively in R&D initiatives to introduce innovative, low-power, and energy-efficient MCUs and foray into different application segments as part of their efforts to retain their existing customers while attracting new ones. Besides M&A, OEM emphasizes research and development to develop energy-efficient MCUs for low power applications.

For Any Questions or Inquire please visit @: https://www.grandviewresearch.com/industry-analysis/iot-microcontroller-market/request/rs5

Grand View Research has segmented the global IoT microcontroller market based on product, application, and region

#IoT Microcontroller Market #IoT MCU #COVID-19 Impacts #IoT Microcontroller Market Share & Trends #Latest Updates

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indutryanalysis · 3 years ago

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IoT Microcontroller Market Report - Global Forecast to 2030

Global IoT Microcontroller Market – Overview

As per Market Research Future (MRFR), The global IoT Microcontroller Market is estimated to reach USD 4 billion at a CAGR of approximately 12% from 2017 to 2023 (forecast period). The report discusses significant developments in the global IoT microcontroller market as a result of the latest COVID-19 pandemic. The report provides a precise review of the major aspects of the sector that are likely to be affected by the pandemic.

The Internet of Things (IoT) microcontroller is a mixture of IoT technology and a microcontroller. The IoT needs sensors and actuators to connect the physical and digital worlds together. The sensor converts the physical state to an analog or digital signal, while the actuator converts the digital signal to some physical effect. The next step in the IoT architecture is a computing system that processes or generates digital signals that can be performed by a microcontroller.

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Additionally, the rising sales of electronics goods and the proliferation of IoT devices, sensors, and actuators drive the growth of the market. Also, spurring growth in the MCU market with the increasing miniaturization of IC positively impacts the growth of the market. Moreover, diverse application areas of IoT microcontroller in industrial automation, consumer electronics, automotive, and telecom sectors boost the market growth.

Additionally, the increasing demand for IoT microcontroller from the burgeoning end-use industries such as medical devices, telecom, and automotive influences the market growth. Increasing uptake of the device in consumer electronics products offers ample scope of growth for the market. Over recent years, the demand for MCUs to improve operations of electronic devices has been growing continually. High automation in the automotive sector substantiates the market demand.

Conversely, the lack of technical expertise is the major factor forecasted to impede the growth of the market. Nevertheless, the consumer electronics sector would support market growth throughout the assessment period, demonstrating the largest adoption of the IoT microcontroller. Also, increasing deployments of the smart meter in residential and commercial sectors for close monitoring of the total energy consumption fosters the growth of the market.

Global IoT Microcontroller Market - Segments

The report is segmented into three dynamics:

By Type : 8-bit, 16 bit, and 32 bit.

By End-User: Consumer Electronics, Automotive, Industries, Healthcare, and others.

By Regions : Americas, Asia Pacific, Europe, and the Rest-of-the-World.

Global IoT Microcontroller (MCU) Market - Regional Analysis

North America dominates the global IoT microcontroller market. The largest market share attributes to the increasing IT requirements and rising demand from the smart home segment. Rapid technological advancements in smart devices drive the growth of the regional market. Moreover, the strong presence of major IoT microcontroller manufacturers and semiconductor research and development centers boost regional market growth.

Besides, enormous technological advances in consumer electronics push the growth of the regional market. Due to the high spending on personal devices and the technology environment, the US and Canada markets account for a significant share in the regional market. The North American IoT microcontroller market is estimated to retain its dominance throughout the forecast period.

Europe stands second in the global IoT microcontroller market. Increasing investments in consumer electronics, automotive, industrial manufacturing, and communication & IT sectors influence the market growth in the region. Additionally, the presence of notable automakers and manufacturers of advanced semiconductors fosters the growth of the regional market. The European IoT microcontroller market is expected to witness rapid growth in the forthcoming period.

The Asia Pacific region has emerged as a promising market for IoT microcontroller. Factors such as the vast production and adoption of IoT technology in respective electronic products create huge market demand. Moreover, the high demand for consumer electronic devices, especially from the automotive and consumer electronics sectors, boosts the regional market growth.

Japan, China, and India are major contributors to the growth of the regional market. The APAC IoT MCU market is forecasted to create a substantial revenue pocket during the review period.

Competitive Analysis

Highly competitive, the IoT microcontroller market appears fragmented due to the presence of several well-established players. Key strategies traced from recent developments of industry players include agreement & partnership, acquisitions, expansion, and product or technology launch. Players compete with each other based upon pricing, technology, reputation, and services.

These players make substantial R&D investments to deliver reliable, leading-edge products and services. Film capacitor manufacturers are focused on enhancing their product portfolios with the latest technologies. They follow organic and inorganic growth approaches to commercialize and increase sales of their products. The market competition would intensify further due to new product launches and the new entrants in the market.

Major Players:

Players leading the global IoT MCU market include Freescale (US), Atmel (US), Infineon (Germany), Texas Instruments (US), ST Microelectronics (Switzerland), Fujitsu Ltd (Japan), Samsung Group (South Korea), Microchip Technology (US), and Intel Corporation (US), among others.

Industry/ Innovation/Related News:

July 16, 2020 ---- STMicroelectronics (Switzerland), a global semiconductor company, announced the acquisitions of the entire share capital of Ultra Wide Band specialist BeSpoon and cellular IoT connectivity assets of Riot Micro to further strengthen the wireless connectivity capabilities of STM32 microcontrollers. After closing of the two transactions, ST would be able to strengthen its offer for wireless connectivity and the roadmap for its STM32 microcontrollers and secure MCUs.

ST serves customers across the spectrum of electronics applications. Further, the acquisitions extend ST connectivity solutions offer to Narrow Band Cellular and Ultra-Wide Band technologies.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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#IoT Microcontroller Market Report

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technologyreportaanalyis · 3 years ago

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IoT Node and Gateway Market Size, Research Report - Global Forecast to 2030

IOT Node and Gateway Market - Overview

The IOT Node and Gateway Market are projected to develop at a CAGR of 29%. The market is additionally expected to reach up to USD 17 Billion during the gauge time frame 2017-2023. Market Research Future (MRFR) revealed that factors like advanced technology implementation to ensure improved communication network, compactness of sensors, better internet network, and the rising demand for sensors in biometric applications, and others are going to trigger better growth for the IoT node and gateway market.

The sensors are lightweight and minimized; also, they are outfitted with exceptionally trend-setting innovation that improves network availability. Alongside that, the utilization of IoT gadgets assists with giving exact information and furthermore settle entanglements. The utilization of remote gadgets for contactless and innovation like GPS, Bluetooth, Wi-Fi, and a lot more are likewise supporting the IoT Node and Gateway Market Growth.

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Market Segmentation:

The global market report on the IOT node and gateway market has been studied on the basis of segments that include components and end-user. MRFR analysts included various charts, graphs, and others to increase the credibility of the global market.

By components, the global market report includes a study of the IoT node and gateway market that includes hardware, sensor, wireless, connectivity IC, and a memory device. The hardware segment includes Processor, Microcontroller (MCU), Microprocessor (MPU), Digital Signal Processor (DSP), and Application Processor (AP). The sensor segment has been studied by blood glucose sensor, temperature sensor, humidity sensor, blood oxygen sensor, Electrocardiogram (ECG) sensor, flow sensor, level sensor, image sensor, ambient light sensor, motion and position sensor, chemical sensor, carbon monoxide sensor, camera module, and others.

The connectivity IC segment includes wired, Modbus, PROFINET, and Foundation Fieldbus (FF). The wireless segment incorporates a study of Bluetooth/WLAN, ZigBee, Ant+, Bluetooth, Bluetooth Smart/Bluetooth Low Energy (BLE), Near Field Communication (NFC), Wireless Fidelity (Wi-Fi), Wireless Highway Addressable Remote Transducer Protocol (WHART), Cellular Network, Navigation Satellite System (GNSS) Module, GPS/Global, ISA100, and others. The memory device segment comprises a study of On-chip memory and Off-chip memory/external memory.

By end user, the global report studies the market of IoT node and gateway segments like

IT & Telecommunication, BFSI, consumer electronics, healthcare, wearable devices, agriculture, aerospace & defense, building & automation, and others.

Regional Analysis:

Topographically, the IoT Node and Gateway Market size are partitioned into Asia-Pacific, North America, Europe, and the Rest of the World. It is guessed that North America will hold the biggest IoT Node and Gateway Market Share during the conjecture time frame. Because of the grounded foundation of the organization, the district will have remarkable development. Additionally, the developing security space for IP stages is upgrading the market development.

The Asia-Pacific district is projected to have huge development during the figure time frame. It is projected that the Asia-Pacific district will record the most elevated CAGR for the Global IoT Gateway Market. The fast improvement in the foundation is drawing in the central participants to contribute and work from these nations like India and China.

Europe is likewise expected to have considerable development during the conjecture time frame. The significant justification for the nonstop development is the strong strategies and ventures by the central members also.

Industry News:

In 2020, Hewlett Packard reported the send-off of its new item called "HPE 5G Core Stack." This item is projected to upgrade the organization arrangements with the 5G guidelines.

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#IoT Node and Gateway Market Size

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idotcommers · 3 years ago

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Custom Duty Hike encourages Domestic CIoT market

IoT in Consumer Electronics is considered a customary feature these days. Domestic manufacturers now have a chance at capturing the market as the global manufacturers are now at a clear disadvantage.

The Consumer Electronics Market is beginning to lean toward advanced IoT features. Consumers are building habits that can be facilitated only by Smart Devices in contrast to their conventional day-to-day devices. These smart gadgets are products of global manufacturers aimed at capturing India, one of the largest consumer electronics markets in the world.

A sudden increase in customs is expected in the domestic appliances and consumer electronics industry. This decision was taken in order to encourage and motivate local manufacturers in the Consumer Electronics Industry. The Consumer Electronics and Appliances Manufacturers Association (CEAMA) believes this to be a scheme that benefits major R&D and localisation projects that will indefinitely lead to import substitution of major products. Some of the end products of the IoT in the consumer electronics industry include Smart TVs, Smartphones, Smart Kitchen Appliances (Refrigerators and Washing Machines), and Computers / Laptops / Tablets.

Domestic manufacturers are starting to skewer the market by determining effective key points of the industry:

Increased usage of Smartphones and Tablets for controlling IoT devices.

IoT devices are different sensors, actuators, appliances, machines or gadgets that can be controlled or monitored using the Internet. We are aware of the increased usage of smartphones and the increased availability of the internet in India. Now this gives consumers accessibility to predominantly use their smartphones or tablets to control or monitor different IoT devices that have been set up in their vicinity.

The penetration of the internet across enterprises, industries and residents.

Over the years, many different businesses and individuals have gained unlimited access to the internet. It is evident that IoT devices require huge volumes of data as the devices are being made with a 24x7 functionality feature. Similarly, the individuals who wish to control different IoT devices must have access to an enormous volume of data or the internet for the smooth functioning of these devices.

(Note: The data volume of IoT connections are expected to reach 27.1 Billion Units by 2025.)

Huge Investment by companies to develop IoT.

A major concern for all IoT related projects is security detail. Major technology leaders in the IoT space work towards eliminating any vulnerability in the security aspect of the projects. Since it is a concern for all, any valid idea or innovation in this stream has a huge investment opportunity.

Some of the major challenges that the Indian Manufacturers must negate in the IoT space are

Development of procedures to unify data and make it compatible with different cloud services.

Standardizing M2M protocols to target low power devices and enhance power conservation.

Diversifying Firmware and Operating Systems in order to patch timely and respectively.

Geographical Study

A major pattern is observed in the use of IoT in India. Tier-I cities show a distinct number of IoT devices implemented in various enterprises and industries due to a huge number of startups. In contrast, Tier-II and III cities only show potential for growth in the agriculture and healthcare sector as these industries are predominant in such geography.

Growth Opportunities:

Microcontrollers (MCU) are critical in the manufacturing of IoT devices. A sudden custom duty hike will lead to the consideration of chips made in India. This opens up huge opportunities for the ever-increasing demand for electronic components. A huge scale in the development of single-chip is noticed and now being sought after for battery-operated devices, SOCs with embedded cores, GPUs and Integrated wireless connectivity.

Research and Development of IoT projects for the promotion of Green buildings is a major point of focus for Tier-I cities in India. This project is also capable of attracting huge investments from various companies that have an aligned focus on a sustainable ecosystem. A major trend is also observed in the field of Blockchain technology that complements features such as security enhancement, the Possibility of Low-value device inclusions and simplified device management in the individual IoT solutions offered.

Extended IoT Applications (India)

Right now it is safe to assume that the market is closed for external global players of CIoT solutions in India. Thus, to make the best use of the current situation, different product categories must be covered to fully cement into the market. Different verticals where the eternal players have much of their focus are:

Manufacturing/Supply Chain: Focus on different IoT solutions for the development of Improved Process Automation, Connected Factories, Robotics, Tracking Goods, Tools, etc.

Agriculture: Focusing on different IoT solutions to control and monitor moisture/pH factor of soil, etc.

Energy: Efficient management of energy usage, potential faults, accurate risk and hazard analysis with huge real-time data.

Healthcare Industry: IoT solutions focused on providing assistance to people/patients with push-button emergency alerts, automated medication with a supply of medicines, and alerts doctors from the device in a real-time scenario.

Questions:

Which Specific set of products (Apart from the above) in the Consumer Electronics Industry, would see an Import hike?

As reported by the CEO of Panasonic (India and South America), Completely Built-up (CBU) audio products may expect a hike in import tariffs.

Can you Please name any predominant Indian Brand / Company that has shifted towards IoT in the Consumer Electronics Market?

There are many brands that have begun integrating IoT into their consumer electronic products. One of such brands is Titan which is part of the Tata Group. Titan has invested more than 3 Million USD in a startup called Coveiot, which specializes in smart wearables.

Which kind of devices are common in India in the CIoT industry?

The Indian CIoT electronics market product categories are Smart TVs, Smartphones, Smart Wearables, Smart Home Appliances. Home Automation devices are dominating the IoT in consumer electronics market share.

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newsupdate-1 · 4 years ago

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chitrakullkarni · 4 years ago

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IoT Microcontroller (MCU) Market PESTEL Analysis, Revenue Drivers Study and Forecast

The global IoT Microcontroller (MCU) Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global IoT microcontroller (MCU) market is estimated to touch US$ 3.56 Billion by the completion of the prediction period. The IoT Microcontroller Market is estimated to develop at a substantial CAGR for the duration of the prediction. The strong improvements in the application arenas of Internet of Things (IOT), estimated to encounter the demands of technically progressive merchandises of a widespread base of end user. This feature projected to take a long-standing optimistic influence on the development of the market.

Key Players:

Atmel Corporation

Broadcom Corporation

Espressif Systems Pte. Ltd

Holtek Semiconductor

Infineon Technologies

Microchip Technology Inc.

Nuvoton Technology Corporation

NXP Semiconductors N.V

Silicon Laboratories, Inc

STMicroelectronics

Texas Instruments

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Growth Drivers:

The placement of smart meter through a number of commercial and housing segments for carefully observing the entire ingestion of energy, additionally estimated to take an optimistic influence on the development of the international market of IoT Microcontroller in the coming up years. Yet, the power that used up by these microcontrollers is tremendously high. Therefore obstructing the development of the market to more or less degree. Emerging areas, estimated to present companies operating in the market, to enhance their base of customer and manufacturing divisions simultaneously.

Application Outlook:

Industrial Automation

Smart Home

Consumer Electronics

The sub division of Consumer Electronics ruled the demand by means of income and is expected to observe a CAGR of above 9% for the duration of prediction. The development of the IoT microcontroller (MCU) industry is considerably powered by growing acceptance of smart wearables, comprising ear wear, eye wear, wrist wear, etc.

Products extending from smart watches to wellness devices and wearable electronics deliver a stage for the new-fangled development for the setting off IoT market. Increasing admiration of these instruments has generated a positive market for the producers of semiconductor, a tendency that estimated to grasp proper above the upcoming prediction period.

Product Outlook:

8-bit

16-bit

32-bit

The subdivision was responsible for more than 30% stake of the general market during the year 2014. These processors deliver output of the data, interpretation devices, and direct actual instrument data above an IP- centered grid. Additionally, the price varianceamongst32, 16 and 8-bit processors is precisely small. This may perhaps prompt purchasers to choose for 32-bit products, which are having greater performance.

Regional Outlook:

By the source of geography, the developing marketplaces, for example India and China are expected to observe important development. North America is expected to top the market by means of income, and projected to surpass US$ one billion above the period of prediction. The propagation of linked instruments is an important feature. It is estimated to influence the demand from provincial market. The expertise has experienced greater infiltration in North America due to wide-ranging technical progressions and existence of a number of important companies, ground breaking the acceptance of Microcontroller supportive IoT instruments.

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decesionforesight · 4 years ago

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Global LIDAR Market

Global LIDAR Market: Industry Perspective, COVID-19 Impact Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2030

Global LiDAR market is estimated 848.64 million USD in 2020 and is anticipated to reach 5254.5701 million USD by 2030 to grow at a CAGR of 20% during the forecast period owing to its applications in meteorology, cartography, urban planning, and exploration, driverless cars, advanced driver assistance systems, engineering, and corridor mapping.Electronic devices & semiconductors are critical technological enablers that power a large number of today's cutting-edge digital gadgets. Mobile devices, communications equipment, information technology, office automation (IT & OA), industrial machinery, cars, and a variety of other end-use sectors all have computer applications in some form or another, necessitating increased need for semiconductors.Emerging technologies like as autonomous driving, artificial intelligence (AI), 5G, and the Internet of Things, together with steady R&D expenditure and rivalry among important companies, are expected to propel the global semiconductor industry forwards far into the next decade.With the Covid-19 epidemic driving increased demand for electronic gadgets, the world's electronics and semiconductor industries predict a bright future.

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Market Dynamics and Factors:

The use of safety-related electronics technologies in the automobile industry has exploded. A spike in demand for different semiconductor devices in automobiles, such as microcontrollers (MCUs), sensors, and memory, would help automotive semiconductor providers. In the coming decade, more semiconductor content will be added to automobile electronics and subsystems due to automation, electrification, digital connection, and security. The major driver of semiconductor growth in consumer electronics will be head-mounted displays. Wearable devices and smart watches will also be new areas of growth. Other consumer electronics markets, such as DVD and portable media players, will, nevertheless, experience significant decreases. As a result, the total growth in consumer electronics revenue will be modest.

Market Segmentation:

On the basis of product, the global LiDAR market is classified into airborne, unmanned aerial vehicle, and terrestrial. On the basis of components, LiDAR market is categorized into laser scanner, GPS receiver, inertial measurement unit, high precision clock, and others. By application, the market is grouped into corridor mapping, coastal, forestry, defense & aerospace, flood mapping, transportation, transmission lines, infrastructure, driverless cars, exploration & meteorology, and cartography. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

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Geographic Analysis:

On a regional basis,the North American consumer electronics industry is expected to develop steadily because of the large number of internet users and the early adoption of smart household electric equipment & IOT Technology. The presence of important industry leaders like Apple, Google, Amazon, and General Electric, as well as significant expenditures in R&D operations by numerous market participants, may be credited to the region's success.

The consumer electronics sector in Europe has developed, and it is backed by a high-tech connection environment. The trend of smart workplaces and smart homes is increasing demand for consumer electronics goods such as smart TVs, smart refrigerators, smart air conditioners, and more as technology advances.The Asia Pacific area will continue to be the world's largest consumer of semiconductors. The primary contributing component will be a growing share of Chinese items, which is boosting the expansion of the whole Asia Pacific market. Additional mergers and acquisitions will help the semiconductor industry develop in the future.

MEA Electronics & Semiconductor market will observe promising growth.Despite growing pressure from low oil prices and rising global economic uncertainty, MEA's retail sales activity continues to expand, according to the research. Solid fundamentals, including growing population and earnings, as well as a continuous stream of tourists to the emirate, are credited with the emirate's resiliency.

Competitive Analysis:

The major key players in global LIDAR market are

Hexagon AB,

Trimble Inc.,

Riegl Laser Measurement Systems GMBH,

Faro Technologies,

Geokno India Pvt. Ltd,

Teledyne Technologies,

Inc,

YellowScan,

Quantum Spatial,

Inc,

Sick AG,

Velodyne LiDAR,

Optech Incorporated,

Quanergy LiDAR,

Leica Geosystems,

DENSO Corporation,

Neptec Technologies Corp.

How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

Exclusive insight into the key trends affecting the Global LIDAR industry, although key threats, opportunities and disruptive technologies that could shape the Global LIDAR Market supply and demand.

The report tracks the leading market players that will shape and impact the Global LIDAR Market most.

The data analysis present in the Global LIDAR Market report is based on the combination of both primary and secondary resources.

The report helps you to understand the real effects of key market drivers or retainers on Global LIDAR Market business.

The 2021 Annual Global LIDAR Market offers:

100+ charts exploring and analysing the Global LIDAR Market from critical angles including retail forecasts, consumer demand, production and more

15+ profiles of top producing states, with highlights of market conditions and retail trends

Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

Benchmark wholesale prices, market position, plus prices for raw materials involved in Global LIDAR Market type

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akashs123 · 4 years ago

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IoT Microcontroller Market 2021: Trends, Competitive Landscape, Regional Analysis & Forecasts to 2025

Market Research Future published a research report on “IoT Microcontroller Market Research Report- Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

IoT Microcontroller Market – Overview

The global IoT microcontroller market is growing rapidly, witnessing continually rising sales. The market growth attributes to the rapid technological advances in vehicle connectivity and interactive safety system and the burgeoning automotive industry worldwide. Besides, increasing demand for smart consumer electronic devices such as smartphones, tablets, televisions, and smartwatches create substantial market value.

Moreover, the strong presence of major smart device manufacturers escalates the market growth. According to Market Research Future (MRFR), the global IoT Microcontroller Market is projected to grow at 12% CAGR throughout the assessment period (2017-2023). IoT microcontroller comparisons include a hypervisor software components embedded in the microcontroller’s protected area, handling boot processes both for air upgrades and cloud communications.

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IoT Microcontrollers Marketing: Segmental Analysis

The global IoT microcontroller market has been segmented on the basis of product type and application.

By Product Type, the global IoT microcontroller market has been segmented into 8 bit, 16 bit, and 32 bit IoT microcontrollers.

Based On Application, the global IoT microcontroller market has been segmented into consumer electronics, automotive, industries, healthcare, and others.

Key Players:

Some of the prominent players in the global Iot Microcontroller Market are Atmel (U.S), Freescale (U.S.), Infineon (Germany), ST Microelectronics (Switzerland), Texas Instruments (TXN) (U.S), Fujitsu Ltd (Japan), Microchip Technology (MCHP) (U.S.), Samsung Group (South Korea), Intel Corporation (U.S.) are among others.

Global IoT Microcontrollers Market: Regional Outlook

By region, the global IoT microcontroller market has been segmented into Asia Pacific, North America, Europe, and the Rest of the World.

North America has the largest share in the global market for IoT microcontrollers due to growing IT requirements and growing demand from the smart home segment. Rapid technological advances in the smart devices segment are accelerating market growth in the North American region. The Asia Pacific market is expanding with the highest CAGR due to increasing developments in the automotive industry linked with vehicle connectivity and interactive safety systems, which are expected to leverage the demand of the IoT microcontroller market. In addition, growing demand for various consumer electronic devices such as smartphones, tablets, smart TVs, and smartwatches, among others, is also expected to fuel demand for microcontrollers in the region. In addition, the involvement of major smart device manufacturers is boosting the growth of the market in the region.

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We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Please note that assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill sample form for updated data.

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newsbulletin · 4 years ago

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Global Market of Advanced Driver Assistance Systems (ADAS): Research Report till 2026

New York, NY 21 May 2021: The global Advanced Driver Assistance Systems (ADAS) market was valued at $19.8 billion in 2017 and is anticipated to grow at a CAGR of 21.4% during the forecast period. Advanced Driver Assistance Systems offer improved passenger experience, comfort, and safety to vehicles and drivers. Integration of advanced driver assistance systems into vehicles enable enhanced situational awareness and control for easier and safer driving experience. Some components enabling efficient functioning of Advanced Driver Assistance Systems include LiDAR, sensors, radar systems, artificial intelligence software, and GPS among others.

The demand for Advanced Driver Assistance Systems or ADAS has increased over the years owing to rising concerns regarding road safety, and growing incidents of road accidents. Growing penetration of connected cars, and rising adoption of IOT further boosts the market growth. The increasing advancements in technologies, growing adoption of electric vehicles, and rising investments in R&D and technological innovation further supplement the growth of this market. Increasing demand for luxury vehicles, and rising development of autonomous vehicles are factors expected to offer numerous growth opportunities during the forecast period.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Advanced Driver Assistance Systems Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

North America generated the highest revenue in 2017 owing to increasing incidents of road accidents and growing safety concerns. High disposable income, and improved living standards in the region support market growth. Technological advancements in the region, along with presence of leading market players is expected to boost the adoption of Advanced Driver Assistance Systems in North America.

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Competitive Landscape and Key Vendors

The global Advanced Driver Assistance Systems market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the report include Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Continental AG, Intel Corporation, Texas Instruments, Valeo S.A., Magna International, Inc., Autoliv Inc., and Garmin Ltd.

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Key Segments Outlook

System

Adaptive Cruise Control (ACC)

Lane Departure Warning (LDW)

Blind Spot Detection (BSD)

Night Vision System (NVS)

Intelligent Park Assist (IPA)

Driver Monitoring System (DMS)

Adaptive Front Light (AFL)

Tire Pressure Monitoring System (TPMS)

Autonomous Emergency Braking System (AEB)

Forward Collision Warning (FCW)

Others

Component

Hardware

Sensors

Processors

Software

Services

LiDAR Sensor

Camera Unit

Ultrasonic Sensor

Radar Sensor

Electronic Control Units (ECU)

Microcontroller Units (MCU)

Vehicle Type

Passenger Vehicles

Commercial Vehicles

Electric Vehicle Type

Battery Electric Vehicle (BEV)

Hybrid Electric Vehicle (HEV)

Plug-in Hybrid Electric Vehicle (PHEV)

Fuel Cell Electric Vehicle (FCEV)

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rdagade · 4 years ago

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Global Internet of Thing Microcontroller Market

Global internet of thing microcontroller market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 10.2 % during the forecast period.

Global Internet of Thing Microcontroller Market

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The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Global internet of thing microcontroller market Definition

Microcontroller can be referred as a miniature computer that can be added to any physical space or objects to act as the brain of the device. The microcontrollers consist of multiple computer processors with programmable I/O peripherals and memory and are most widely used devices in household electronics and cell phones and many other electronics devices. Global internet of thing microcontroller market Dynamics

The growing adoption of microcontroller units in several IoT applications is getting higher, which is having a positive impact on growth of the market. The rising adoption of microcontroller in building and home automation, wearable electronics, connected cars and many other IoT applications is expected to impel growth of the market during the forecast period. In addition, growing advancements in IoT technology, rising adoption of smart connected devices, increasing adoption rate of smart homes and growing market for industrial and home automation sector are the major driving factors behind the growth of the market. However, high power consumption and high initial costs of IoT microcontrollers are the major restraining factors that could obstruct the growth of the market. Global Internet of Thing Microcontroller Market: Segmentation Analysis

By product type, 32-bit MCU segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A 32-bit microcontroller has 32-bit arithmetic logic units (ALUs), bus width and registers. These microcontrollers can provide reading sensors, data throughput and are used to send real-time sensor data over an internet such as IP network. A surge in the adoption of 32- bit MCUs in IoT applications to enable smooth Wi-Fi connectivity and to deliver low power consumption and high performance to many IoT devices is attributed to the growth of the market. Additionally, a number of microcontroller manufacturing companies such as Atmel, Microchip and Silicon Lab are continuously introducing these microcontrollers in the market for many IoT applications to improve energy efficiency and performance of the IoT connected devices, which is ultimately improving the growth of the market.

By application, consumer electronics segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of IoT microcontrollers in consumer electronics devices such as computers, smart wearable, tablets, and mobile phones is attributed to the growth of the market. Alternatively, automotive segment is projected to witness high growth at a CAGR of XX% during the forecast period. Increasing adoption of IoT microcontrollers in connected cars is driving the growth of the market. Connected car technology is highly depended on antennas, embedded software, network of sensors, and other communication technologies, which is escalating the demand for IoT microcontrollers in the market. Global Internet of Thing Microcontroller Market: Regional Analysis

Region-wise, North America dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the high adoption of wearable electronic devices, connected cars and smart connected devices.

Growing technological advancements, increasing investments in research and development activities in the field of IoT technology, rising adoption rate of smart homes along with smart connected appliances in the US residence are driving the growth of the market in NA region. Global Internet of Thing Microcontroller Market: Key Development

• In 2016, Atmel Corporation launched a complete, ultra-low-power connected platform for cost-optimized applications for the wearable and Internet of Things (IoT) markets. • XX • XX

The objective of the report is to present a comprehensive analysis of the Global Internet of Thing Microcontroller Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Internet of Thing Microcontroller Market dynamics, structure by analyzing the market segments and projects the Global Internet of Thing Microcontroller Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Internet of Thing Microcontroller Market make the report investor’s guide.

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Scope of Global Internet of Thing Microcontroller Market: Inquire before buying

Global Internet of Thing Microcontroller Market, By Product Type

• 8-bit MCU • 16-bit MCU • 32-bit MCU Global Internet of Thing Microcontroller Market, By Application

• Consumer Electronic • Industrial Automation • Automotive • Medical Devices • Smart Home Products • Smart Grid • Others Global Internet of Thing Microcontroller Market, By Region

• North America  US  Canada • Europe  UK  France  Germany  Italy  Spain  Norway  Russia • Asia Pacific  China  India  Japan  South Korea  Australia  Malaysia  Indonesia • South America  Brazil  Mexico  Argentina • Middle East and Africa Global Internet of Thing Microcontroller Market, Key Players

• Atmel • Freescale • Infineon • ST Microelectronics • Texas Instruments • Fujitsu Ltd • Microchip Technology Inc • Maxim Integrated • Silicon Lab • Samsung • Arduino • NXP • ON Semiconductor • Panasonic • Analog Devices • Cypress Semiconductor • Renesas Electronics • ROHM Semiconductor • Mitsubishi Electric • NEC Electronics • XX • XX

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udaycmi · 4 years ago

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The IoT microcontroller market is anticipated to reach over USD 5,170 million by 2026 according to a new research published by Polaris Market Research. In 2017, the 32 bit microcontroller segment dominated the global IoT microcontroller market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017.

The growing penetration of mobile devices, and increasing adoption of IoT has primarily driven the growth of the IoT microcontroller market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing automation across diverse industries would accelerate the growth of the IoT Microcontroller market during the forecast period. However, high power consumption, security and privacy concerns, and lack of standardization hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.

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North America generated the highest revenue in the market in 2017. The increase in industrial automation, and growing number of mobile devices drive the market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization increases the demand for IoT microcontroller in the region. The growing penetration of mobile devices, and technological advancements further support IoT microcontroller market growth in the region. The increasing spending on smart homes and smart cities in the region further promote market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing automation of industrial processes across various industries in the developing countries of the region.

The companies operating in the market include Infineon Technologies, Broadcom Corporation, Microchip Technology, Fujitsu Ltd, Holtek Semiconductor, Silicon Laboratories, Inc, Texas Instruments, NXP Semiconductors N.V, Atmel Corporation, and Espressif Systems Pte. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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digitalconvo · 4 years ago

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IoT In Intelligent Transportation System Market Future Innovation Strategies

Global IoT in Intelligent Transportation Market: Snapshot

With the concept of smart cities taking off, smart transportation which is IoT in intelligent transportation has become highly popular. Leveraging sensors, Bluetooth and Wi-Fi, and data analytics – it comprises IoT in intelligent transportation – road safety can be improved, traffic congestion can be eased, accidents can be averted, fares collection can be effective, and useful insights can be gained about commuters’ behavior and preferences.

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The IoT in intelligent transportation serves to integrate communications and information processing across transportation systems for dynamic real-time interaction. Even though in its early stages, IoT in intelligent transportation can disrupt the way people commute big time.

Take for example the Global Positioning System, popularly referred to as the GPS. Combined with the modern transformative IoT and cloud, it spells a whole new world of possibilities. At present, all combined can monitor route progress, apart from the basic of providing a direction. For instance, those can indicate when the traffic slows owing to road construction, accidents, and others.

Both startups and tech giants have jumped into the space, with a range of innovations. Take for example Apple and Google. Both have suggested telematics standards to enable mobile devices running on their operating systems to be controlled via the dashboard controls and displays on their vehicles.

Similarly, in the U.S., the National Highway Transportation Safety Administration is working wireless communications between vehicles in order to control accidents, reduce consumption of fuel, and make travel more efficient.

In fact, vehicle-to-vehicle technology is expected to pave the way for more futuristic auto safety improvements.

With efforts and initiatives such as these and plunging prices of sensors, the global IoT in intelligent transportation is expected to explode in the forthcoming years. This would also change the way we travel completely.

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Global IoT in Intelligent Transportation System Market: Overview

Internet of Things (IoT) is changing the way almost anything and everything functions. Transportation is one such area where it is set to have a far-reaching impact with intelligent transportation system (ITS). It serves to optimize the fleet management and logistics, traffic management, and driver assistance systems. ITS has enabled automating of roadways, railways, marine vessels, and airways. Such benefits are expected to result in exponential growth in the global IoT in intelligent transportation system market in the next couple of years, predicts a recent report by TMR Research.

Global IoT in Intelligent Transportation System Market: Drivers and Restraints

Numerous applications are promoting the global IoT in intelligent transportation market. Those include traffic management solutions, smart parking solutions, fleet management and telematics solutions, passenger entertainment, electronic toll collection, and security solutions. Additionally, IoT in advanced transportation management system leverages Wi-Fi or Bluetooth, sensors, and data-processing technologies to tackle traffic congestion and accidents.

IoT in intelligent transportation system market is also being boosted by the increasing freight services globally. Such sophisticated solutions enable managing commercial vehicles by tracking them and also help reducing consumption of fuel.

Additionally, plunging prices of sensors and more innovative and effective ones being developed is also projected to have a positive impact on the global IoT intelligent transportation market.

Global IoT in Intelligent Transportation System Market: Trends and Opportunities

The global IoT in intelligent transportation system market is comprised of hardware, software, and service. Hardware, among those, contributes the most to the revenue in the market. It typically includes sensors, RFID, and others outfitted in vehicles. Those enable monitoring speed of a vehicle and road discipline such as following of signals, among others.

The IoT intelligent transportation system consists of semiconductors and wireless components. The semiconductor components again consist of digital signal processing (DSP), microcontroller (MCU), memory protection unit (MPU), field programmable gate array (FFGA), application specific integrated circuit (ASIC), and application specific standard product (AASP).

Currently, the air travel and maritime industries spell maximum opportunities in the global IoT in intelligent transportation system market.

Global IoT in Intelligent Transportation System Market: Regional Analysis

Geographically, the global IoT in intelligent transportation system market is spread across Asia Pacific, Europe, the Middle East and Africa, and North America. Among them, North America accounts for maximum revenue share in the market at present. Going forward as well the North America IoT in intelligent transportation system market will likely hold on to its leading position on the back of several savvy companies in the field being domiciled in the region. Their constant thrust on product development, a developed traffic and internet infrastructure, and early uptake of latest technologies to make life smoother are other factors serving to stoke the North America IoT in intelligent transportation system market.

Asia Pacific is also expected to emerge as an attractive IoT in intelligent transportation system market. This is because of the presence of large and developing economies of China, Malaysia, Indonesia, and Thailand in the region that are increasingly shifting towards smart transportation.

Global IoT in Intelligent Transportation System Market: Competitive Landscape

Key players in the global IoT in intelligent transportation system market include Intel Corporation, Cubic Transportation Systems, Cisco Systems, Siemens AG, Thales Group, Microsoft Corporation, TomTom NV, Verizon Telematics, TransCore Holdings, Inc., Garmin Ltd., Watson Internet of Things (IBM), Huawei Technologies Co., Ltd., and Hitachi Transport System Ltd. Such deep-pocketed players are seen pouring money to come up with more ultra-sophisticated solutions. This is set to have a major positive impact on the global IoT in intelligent transportation system market.

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daniel1244martinez · 7 years ago

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IoT Microcontroller (MCU) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022

Industry Overview of IoT Microcontroller (MCU) Market : The IoT Microcontroller (MCU) research study relies upon a combination of primary as well as secondary research . It throws light on the key factors concerned with generating and limiting IoT Microcontroller (MCU) market growth. The latest trends , product portfolio , demographics , geographical segmentation , and regulatory framework of the IoT Microcontroller (MCU) Market have also been included in the study. In addition , the current mergers and acquisition by key players in the market have been described at length . Additionally , the historical information and current growth of the market have been given in the scope of the research report .

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The intended increase in the IoT Microcontroller (MCU) Market and an overall rise in the industry are the principal aspects fueling the growth of this global market. In addition, the rising focus on key players on developing new technology, along with the increased marketing activities is projected to elevate market growth during the forecast period. The emergence new advancements and factors encouraging the market growth is mentioned in this study.The report covers the present scenario and the growth prospects of the market for 2017-2022. To calculate the market size, the report considers the revenue generated from the sales of IoT Microcontroller (MCU) Market. The report includes profiles of major players in the industry. Company profiles include detailed information about business strategies, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.

Scope Of The Report: Key Vendors are Covered In This Report:

ATMEL, FUJITSU, MICROCHIP, SAMSUNG, TEXAS INSTRUMENTS

IoT Microcontroller (MCU) Market Segment by Type, covers: 8 bit, 16 bit, 32 bit

IoT Microcontroller (MCU) Market Segment by Applications, can be divided into: Consumer Electronics and Home Appliances, Automotive, Industries, Medical, Security ID, Solar PV and Smart Grid

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Geographically it divide IoT Microcontroller (MCU) market into prime regions which are on the basis of sales, revenue, and market share and growth rate:

United States, EU, China, Japan, South Korea, Taiwan

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market

TOC OF IoT Microcontroller (MCU) Market: IoT Microcontroller (MCU) Market Research Report 2017

IoT Microcontroller (MCU) Market Competition by Manufacturers

Market Capacity, Production, Revenue (Value) by Region (2012-2017)

Supply (Production), Consumption, Export, Import by Region (2012-2017)

Production, Revenue (Value), Price Trend by Type

Market Analysis by Application

Manufacturers Profiles/Analysis

Manufacturing Cost Analysis

Industrial Chain, Sourcing Strategy and Downstream Buyers

Marketing Strategy Analysis, Distributors/Traders

Market Effect Factors Analysis

Market Forecast (2017-2022)

And more… Browse Detailed TOC, Tables and Figures, more than 10 Companies Mentioned in IoT Microcontroller (MCU) Market Research Report @ https://www.reportsmonitor.com/global-iot-microcontroller-mcu-market-research-report-2018/

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