Canada Microcontroller Market Size & Outlook, 2023-2030
Canada microcontroller market, 2017-2030 (US$M)
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Canada microcontroller market highlights
- The Canada microcontroller market generated a revenue of USD 744.3 million in 2023 and is expected to reach USD 1,644.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, 32-bit was the largest revenue generating product in 2023.
- 32-bit is the most lucrative product segment registering the fastest growth during the forecast period.
Microcontroller market data book summary
| Market revenue in 2023 | USD 744.3 million |
| Market revenue in 2030 | USD 1,644.2 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | 32-bit |
| Fastest growing segment | 32-bit |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 8-bit, 16-bit, 32-bit |
| Key market players worldwide | Infineon Technologies AG, Fujitsu Ltd, Microchip Technology Inc, NXP Semiconductors NV, Renesas Electronics Corp, STMicroelectronics NV, TE Connectivity Ltd, Texas Instruments Inc, Toshiba Corporation, Broadcom Inc, Yamaichi Electronics, Zilog |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global microcontroller market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. microcontroller market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,644.2 million by 2030.
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Microcontroller Market Scope
Microcontroller Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada microcontroller market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microcontroller market will help companies and investors design strategic landscapes.
32-bit was the largest segment with a revenue share of 50.5% in 2023. Horizon Databook has segmented the Canada microcontroller market based on 8-bit, 16-bit, 32-bit covering the revenue growth of each sub-segment from 2017 to 2030.
The microcontroller market in Canada is a significant part of the country's electronics industry, which includes a wide range of manufacturers, suppliers, and service providers. The growth of the Canadian microcontroller market can be attributed to the increasing adoption of automation and connected devices in industries such as automotive, healthcare, and industrial automation.
Microcontrollers are essential components in these industries, providing the necessary processing power and control to various devices and systems. increasing demand for microcontrollers with advanced features, such as connectivity, sensing, and low power consumption is propelling the market growth.
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Our clientele includes a mix of microcontroller market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada microcontroller market , including forecasts for subscribers. This country databook contains high-level insights into Canada microcontroller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada microcontroller market size, by product, 2017-2030 (US$M)
Canada Microcontroller Market Outlook Share, 2023 & 2030 (US$M)
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