India Automotive Microcontrollers Market is projected to grow at a double digit CAGR during the forecast period. The major factors driving the automotive microcontrollers market in India are growing vehicle production, growing demand for electric vehicles, growing consumer awareness regarding vehicle safety and government stringent norms about the vehicle safety and security systems in India. Based on application, the market has been segmented into Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security. In 2018, the Safety & Security system segment dominated the market and is expected to maintain its dominance over the next five years as well owing to growing consumer awareness regarding safety and government’s stringent regulations for safety & security systems in the vehicle. Growing technological advancements in the vehicle and growing demand for automated electronic control technologies in the vehicle like ECU, ADAS etc. pushed OEMs to manufacture vehicles with these latest trends which boost the demand for microcontrollers in the Indian market. Furthermore, mandatory installation of ABS in passenger cars from 2018 in India, is another major factor contributing to the growth of the automotive microcontrollers market in the country.
Years considered for this report
Historical Year 2014 - 2017
Base Year 2018
Estimated 2019
Forecast 2020 - 2024
Objective of the Study
- To analyse and forecast the market size of Automotive Microcontrollers Market, in terms of value and volume.
- To classify and forecast India Automotive Microcontrollers Market based on vehicle, electric vehicle, technology, connectivity, bit size and regional distribution.
- To identify drivers and challenges for India Automotive Microcontrollers Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India Automotive Microcontrollers Market.
- To conduct the pricing analysis for Automotive Microcontrollers Market.
- To identify and analyse the profile of leading players involved in the manufacturing of India Automotive Microcontrollers Market.
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Some of the leading players in the India Automotive Microcontrollers Market are Toshiba Corporation, Maxim Integrated, Cypress Semiconductor Corporation, Analog Devices Inc., Infineon Technologies AG, ON Semiconductor, Maxim Integrated, Stmicroelectronics, Rohm Semiconductor, Renesas Electronics Corporation, NXP Semiconductors etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across India. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across India.
Market Insights Research calculated the market size of India
Key Target Audience
- Automotive Microcontrollers Manufacturers
- Automotive OEMs
- Microcontroller design companies
- Microcontroller suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
