Latin America Microcontroller Market Size & Outlook
Latin America microcontroller market, 2017-2030 (US$M)
Related Markets
Latin America microcontroller market highlights
- The Latin America microcontroller market generated a revenue of USD 673.0 million in 2023.
- The market is expected to grow at a CAGR of 9.9% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 673.0 million |
| Market revenue in 2030 | USD 1,301.1 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | 32-bit |
| Fastest growing segment | 32-bit |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 3.0% of the global microcontroller market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,731.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Microcontroller Market Scope
Microcontroller Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 50.33% in 2023. Horizon Databook has segmented the Latin America 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 South America is anticipated to experience moderate growth. The regional market is expanding as a result of the rising demand for microcontrollers in a variety of industries, including automotive, consumer devices, and healthcare. South America's largest microcontroller market is in Brazil, followed by Argentina, Colombia, and Chile.
The demand for microcontrollers in Brazil is being driven by the growing need for automation in different industries and the rising popularity of smart homes and buildings. The Brazilian government's initiatives to support the rise of the semiconductor industry are also anticipated to have a positive impact on the country's microcontroller market growth. One of the main end users of microcontrollers in South America is the automotive industry.
Reasons to subscribe to Latin America microcontroller market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America microcontroller market databook
-
Our clientele includes a mix of microcontroller market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America microcontroller market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microcontroller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America microcontroller market size, by country, 2017-2030 (US$M)
Latin America Microcontroller Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
