UK Microcontroller Market Size & Outlook, 2023-2030
UK microcontroller market, 2017-2030 (US$M)
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UK microcontroller market highlights
- The UK microcontroller market generated a revenue of USD 495.0 million in 2023 and is expected to reach USD 885.7 million by 2030.
- The UK market is expected to grow at a CAGR of 8.7% 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 495.0 million |
| Market revenue in 2030 | USD 885.7 million |
| Growth rate | 8.7% (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, UK accounted for 2.2% of the global microcontroller market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany microcontroller market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,907.4 million by 2030.
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Microcontroller Market Scope
Microcontroller Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 50.85% in 2023. Horizon Databook has segmented the UK microcontroller market based on 8-bit, 16-bit, 32-bit covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. microcontroller market is expected to continue to witness growth in the coming years, driven by the increasing automation and the growing demand for connected devices. Additionally, the U.K. government's focus on developing advanced technologies and infrastructure is expected to also drive the growth of the microcontroller market in the country.
Furthermore, the growing demand for smart homes and connected devices is also driving the growth of the U.K. microcontroller market. Microcontrollers are essential in enabling these devices to communicate and function effectively.
Some of the key players operating in the U.K. microcontroller market include Infineon Technologies NXP Semiconductors Texas Instruments, and Renesas Electronics Corporation. These companies are investing heavily in research and development to introduce new and innovative products to meet the evolving needs of customers.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK microcontroller market , including forecasts for subscribers. This country databook contains high-level insights into UK microcontroller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK microcontroller market size, by product, 2017-2030 (US$M)
UK Microcontroller Market Outlook Share, 2023 & 2030 (US$M)
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