Market Size of Asia-Pacific MPU Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR (2024 - 2029) | 7.27 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific MPU Market Analysis
The Asia-Pacific MPU Market is expected to register a CAGR of 7.27% during the forecast period.
Microprocessors are widely used in several devices in the consumer electronics category, including smartphones, laptops, Tablets, TVs, and GPS devices, thus driving the market's revenue and volume growth over the forecast period.
- The growing development of connected vehicles and the technological advancements of infotainment and IoT equipment is leading to a significant increase in electronic control unit contents in automobiles, fueling the demand for the Asia-Pacific microprocessor (MPU) market.
- The automotive industry is increasing in Asia-Pacific, and the region holds a significant share of the global automotive market. Further, the Government of China estimates that China's automobile output is expected to reach 35 million units by 2025.
- With the growing technological innovations in the region, the demand for microprocessors has also been increasing at a similar rate. In line with these trends, various companies have invested in the market by undertaking various initiatives.
- For instance, in February 2023, The Center for Development of Advanced Computing (C-DAC) announced the development of a family of microprocessors using indigenous design. These processors will be used in smart water meters, smart energy meters, smart gas meters, multimedia processing, IoT devices, and VR/AR applications. Through this development, the company aims to help India become self-reliant in microprocessor development.
- Furthermore, the growth of the IT sector in the Asia Pacific region is creating a huge demand for computing devices, further supporting the studied market's growth in this region. For instance, according to IBEF, in FY22, the IT industry accounted for about 7.4% of India's GDP and is expected to contribute 10% to India's GDP by 2025.
- Moreover, several data center companies are focusing on expanding their presence in the Asia-Pacific region to gain a competitive edge in the market. For instance, in March 2023, OVHcloud, the European cloud company, announced launching its first data center in India as a part of the Asia-Pacific expansion plan. The company will also build two additional data centers in Australia and Singapore by next year. Through this expansion, the company aims to provide customers with trusted, open, sustainable, and sovereign cloud solutions and enable them to meet growing needs.
- Moreover, as trade tensions persist between the United States. and China, with a focus on restricting Chinese firms, China is increasingly prioritizing self-sufficiency in semiconductor technology.
Asia-Pacific MPU Industry Segmentation
A microprocessor is a computer processor that includes data processing logic and control in a single integrated circuit or a few ICs. A microprocessor contains the logic, arithmetic, and control circuits necessary to perform the functions of a computer's central processing unit.
The Asia-Pacific microprocessor market is segmented by product (8-bit, 16-bit, and 32-bit or greater), application (consumer electronics, enterprise, automotive, and industrial), by country (China, Japan, South Korea, and Rest of APAC). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Product | |
8-bit | |
16 bit | |
32 bit or greater |
By Application | |
Consumer Electronics | |
Enterprise- Computer and Servers | |
Automotive | |
Industrial | |
Others |
By Geography | |
China | |
Japan | |
South Korea |
Asia-Pacific MPU Market Size Summary
The Asia-Pacific microprocessor market is poised for significant growth, driven by the increasing integration of microprocessors in consumer electronics such as smartphones, laptops, and IoT devices. The region's burgeoning automotive industry, particularly in China, is also contributing to this expansion, as the demand for advanced electronic control units in connected vehicles rises. The government's push for self-sufficiency in semiconductor technology, amid ongoing trade tensions, further underscores the strategic importance of microprocessor development in the region. Companies are actively investing in indigenous design and development initiatives to bolster local capabilities, as seen in India's efforts to create a family of microprocessors for various applications.
The rise of smart homes and cities, coupled with the rapid adoption of Industry 4.0 and automation technologies, is fueling the demand for microprocessors across Asia-Pacific. The region's manufacturing hubs, especially in China, Japan, and South Korea, are increasingly adopting robotics and process automation, which rely heavily on advanced microprocessors for enhanced efficiency and productivity. This trend is supported by the growing IT sector and the expansion of data centers, which are further driving the need for robust computing solutions. Major industry players are focusing on innovative product developments and strategic collaborations to maintain a competitive edge in this dynamic market landscape.
Asia-Pacific MPU Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Impact of Macro-economic Factors on the Market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 8-bit
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2.1.2 16 bit
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2.1.3 32 bit or greater
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2.2 By Application
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2.2.1 Consumer Electronics
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2.2.2 Enterprise- Computer and Servers
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2.2.3 Automotive
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2.2.4 Industrial
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2.2.5 Others
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2.3 By Geography
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2.3.1 China
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2.3.2 Japan
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2.3.3 South Korea
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Asia-Pacific MPU Market Size FAQs
What is the current Asia-Pacific MPU Market size?
The Asia-Pacific MPU Market is projected to register a CAGR of 7.27% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific MPU Market?
Intel Corporation, Sony, Nvidia, TSMC and SK Hynik are the major companies operating in the Asia-Pacific MPU Market.