Microcontroller Semiconductor Market to hit $18 billion by 2015 Says New Report
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report.
The report “Microcontroller Market to 2015: Commissioning of Smart Grid Projects to Create Market Opportunities in Advanced Metering Infrastructure and Grid Equipment” provides key information and research on the global opportunities in the global microcontroller (MCU) industry. The report gives the latest information on the revenue and volume of the microcontrollers market, providing product based, region based and end-use based forecasts to 2015.
According to the 120 page report global MCU market currently constitutes around 5% of the overall semiconductor market, and 24% of the micro Integrated Circuit (IC) market in revenues. MCUs are used in many products, ranging from televisions to computers, and telephones to automobiles. The sales revenue of MCUs reached around $16 billion in 2011, and is growing at a rate which indicates that the market will reach revenue of $18 billion by 2015.
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