How big is the Europe Microcontroller (MCU) Market?

The Europe Microcontroller (MCU) Market size is expected to reach USD 2.71 billion in 2024 and grow at a CAGR of 4.66% to reach USD 3.40 billion by 2029. Read More

What is the current Europe Microcontroller (MCU) Market size?

In 2024, the Europe Microcontroller (MCU) Market size is expected to reach USD 2.71 billion. Read More

Who are the key players in Europe Microcontroller (MCU) Market?

Infineon Technologies AG, NCP Semiconductor NV, Analog Device Inc., Texas Instruments Incorporated and Microchip Technology Inc. are the major companies operating in the Europe Microcontroller (MCU) Market. Read More

What years does this Europe Microcontroller (MCU) Market cover, and what was the market size in 2023?

In 2023, the Europe Microcontroller (MCU) Market size was estimated at USD 2.58 billion. The report covers the Europe Microcontroller (MCU) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Microcontroller (MCU) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Microcontroller (MCU) Market Share

Statistics for the 2023 & 2024 Europe Microcontroller (MCU) market share, created by Mordor Intelligence™ Industry Reports. Europe Microcontroller (MCU) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Microcontroller (MCU) Industry

The European microcontroller market is competitive and significantly consolidated. The wide range of applications of microcontrollers contributes to intense rivalry among key market players. The major providers are in the process of the constant evolution of products, following different strategies to capture the market. The players are looking forward to strategic collaboration with other brands and joint product developments for coming up with problem-solving solutions.

August 2022: STMicroelectronics announced the release of Version 4.20 of TouchGFX user-interface design software for microcontrollers. The updates include support for ST's new NeoChrom graphics accelerator, integrated into advanced MCUs such as the new STM32U5 series.
May 2022: Microchip Technology released the industry's first microcontroller (MCU), combining a secure subsystem and Arm TrustZone technology in a single package. The PIC32CM LS60, which incorporates Microchip's Trust Platform secure subsystem, simplifies the development of end products by allowing the use of a single microcontroller rather than two or more semiconductor chips.