Microcontrollers in High Demand for Industrial Applications The demand of microcontrollers will be boosted in coming years, due to their popularity in various industrial applications including consumer electronics, smart grid industry, and automotive industry. In this post, we will discuss some of the industries where we think that the demand of microcontrollers will increase in the global market.
The profitability of the automotive industry and smartphone proliferation are key drivers for the global microcontroller market. In some of the economies, the annual sales have surpassed prerecession levels. Why demand of microcontrollers will increases in automobile industry? The demand for electronic microcontrollers will increase due to on-going technical advancements in the automobile industry such as self-driving car. Advancement in the field of vehicle connectivity and interactive safety systems will also enhance the demand of microcontrollers in the future. Digitalization of automobiles will also drive the demand for microcontrollers in the future. Why demand of microcontrollers will increases in automobile industry? Smartphone proliferation across the world is led by the growing awareness among tech consumers. Manufacturers make use of microcontrollers in development of low cost smartphones in developing economies. Also, they make use of advanced microcontrollers in the development of inexpensive 4G smartphone in emerging markets across the world.