Global Microcontroller Market Size & Outlook, 2023-2030

The microcontroller industry worldwide is expected to reach a projected revenue of US$ 47,158.5 million by 2030. A compound annual growth rate of 11% is expected of the worldwide microcontroller industry from 2024 to 2030.
Revenue, 2023 (US$M)
$22,736.5
Forecast, 2030 (US$M)
$47,158.5
CAGR, 2024 - 2030
11%
Report Coverage
Worldwide

Global microcontroller market highlights

  • The global microcontroller market generated a revenue of USD 22,736.5 million in 2023 and is expected to reach USD 47,158.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 11% by 2030.
  • In terms of segment, 32-bit accounted for a revenue of USD 11,372.1 million in 2023.
  • 32-bit is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 22,736.5 million
Market revenue in 2030USD 47,158.5 million
Growth rate11% (CAGR from 2023 to 2030)
Largest segment32-bit
Fastest growing segment32-bit
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation8-bit, 16-bit, 32-bit

Other key industry trends

  • In terms of revenue, the North America accounted for 19.4% of the global microcontroller market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 885.7 million by 2030.

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Microcontroller Market Scope

Microcontroller market segmentation & scope
8-bit
16-bit
32-bit
Automotive
Consumer Electronics & Telecom
Industrial
Medical Devices
Aerospace & Defense
Others

Microcontroller Market Companies

Name Profile # Employees HQ Website

Global microcontroller market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microcontroller market will help companies and investors design strategic landscapes.


32-bit was the largest segment with a revenue share of 50.02% in 2023. Horizon Databook has segmented the Global microcontroller market based on 8-bit, 16-bit, 32-bit covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Microcontroller Product Outlook (Revenue, USD Million, 2017-2030)
    • 8-bit
    • 16-bit
    • 32-bit
  • Global Microcontroller Application Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Consumer Electronics & Telecom
    • Industrial
    • Medical Devices
    • Aerospace & Defense
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global microcontroller market , including forecasts for subscribers. This global databook contains high-level insights into Global microcontroller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global microcontroller market size, by regions, 2017-2030 (US$M)

Top 10 countries: Microcontroller market size, 2023 (US$M)

Global microcontroller market share, by product, 2023 & 2030 (%, US$M)

Microcontroller Market: Opportunity Assessment By Country

Global microcontroller market, by region, 2023 (US$M)

Global microcontroller market size, by regions, 2017-2030 (US$M)

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