Global Microcontrollers Unit Market is estimated to value over USD 35.5 billion by 2026 end and it is expected to register a CAGR of over 9% during the forecast period 2019 to 2026.
Rising demand for embedded control systems in multifunctional devices like robots, vehicles, mobile radio, residential appliances is the primary driving factor of the market. Growing usage of consumer electronics daily will drive market growth. Microcontroller will play a vital role in the development of such devices thus assisting the market growth. Rising need for flexibility and agility in the industrial ecosystem due to the reduction in the product lifecycles is predicted to spur the market further.
For more information please visit - https://www.futurewiseresearch.com/pressrelease/Global-Microcontroller-Unit/2314