Increasing Investments By The Government Will Drive The Growth Of Ultra Low Power Microcontroller MCU Market: Cognitive Market Research

Ultra Low Power Microcontroller MCU Market Overview

Product Overview and Scope of Ultra Low Power Microcontroller MCU Market

An Ultra-Low-Power Microcontroller is a type of microcontroller that is designed to operate with minimal power consumption. These microcontrollers are typically used in battery-powered devices that require long battery life, such as wearable devices, Internet of Things (IoT) sensors, and medical devices. ULP Microcontrollers (MCUs) allows edge nodes to intelligently process localized data with the smallest amount of system power needed. This allows customers to extend battery life and extend the time between charges allowing longer use. The ultra-low power microcontrollers offer designers of energy-efficient embedded systems and applications a balance between performance, power, security, and cost effectiveness. For instance, there are huge number of manufacturers offering ultra-low power microcontrollers in the global market place. For instance, the company STMicroelectronics portfolio includes, the STM32L0 (Arm Cortex-M0+), the STM32L4 (Arm Cortex -M4) and the STM32L5 MCU (Arm Cortex-M33). These ultra-low power microcontrollers are available in two types based on peripheral device.

These are available as analog devices and digital devices. In addition, the packaging type of these ultra-low power microcontrollers are 8 bit, 16 bit and 32 bit 3. Ultra Low Power Microcontroller MCU have their use in different end-use industries such as aerospace & defense, automotive, servers & data centers, consumer electronics, telecommunications, healthcare, media & entertainment, manufacturing, and other industries.
Several factors are responsible for driving the growth of the global ultra-low power microcontroller MCU market. Factors such as, increasing demand for energy-efficient and low-power devices, the rising adoption of IoT technology, and the need for connected and secure systems. increasing demand for smaller and smarter devices, the development of advanced technologies such as artificial intelligence, and the increased adoption of automation in various industries. Increasing investments by government and automotive OEMs to promote the adoption of electric vehicles is driving the market growth. Thus, owing to all the above factors, the global ultra-low power microcontroller MCU market is expected to exhibit a significant growth during the forecast period. 

Global Ultra Low Power Microcontroller MCU Revenue Market by Region (2018-2030)

Ultra Low Power Microcontroller MCU Market Revenue (USD Billion) Comparison by Region (2019-2031)

Global Ultra Low Power Microcontroller MCU Market Segmentation Analysis

Peripheral Device

•    Analog Devices
•    Digital Devices

Packaging Type

•    8 bit
•    16 bit
•    32 bit

By End Use

•    Aerospace & Defense
•    Automotive
•    Servers and Data Centers
•    Consumer Electronics
•    Telecommunications
•    Healthcare
•    Media and Entertainment
•    Manufacturing
•    Other

Global Ultra Low Power Microcontroller MCU Market, By Packaging Type

Global Ultra Low Power Microcontroller MCU Market, By Packaging Type

Source: Secondary Research, Interviews, and Expert Analysis

Based on packaging type, the market is categorized into 8-bit, 16-bit, and 32-bit. 32-bit microcontrollers are the largest contributor in the market with a share of about 38.65% in 2023. A 32-bit microcontroller can theoretically handle numbers reaching 2^32. They have 32-bit arithmetic logic units, registers, and bus width. This means that it can handle four times the amount of data compared to a microcontroller with a smaller data width. Additionally, using a microcontroller with a larger data width allows for computation with larger numbers. A 32-bit microcontroller is also capable of processing unsigned numbers. One of the primary advantages of a 32-bit microcontroller is its superior processing speed. This makes it a feature-packed option, as it can handle multiple peripherals efficiently. To perform arithmetic and logic operations, the 32-bit microcontroller uses 32-bit instructions. These microcontrollers are commonly used in automatically controlled devices such as implantable medical devices, engine control systems, office machines, appliances, and other types of embedded systems.

The following companies are offering ultra-low power 32-bit microcontrollers
•    Silicon Laboratories
•    STMicroelectronics
•    Analog Devices, Inc.
•    Microchip Technology Inc. 
•    Others

Market Drivers

Increasing investments by government and automotive OEMs to promote the adoption of electric vehicles is driving the market growth

An electric vehicle is vehicle that use electric power for its motion. This one make always an electric vehicle friendly user and efficient. Unlike an internal combustion engine (ICE) which uses oil for powering the engine to move the vehicle, an electric vehicle use electric power for its motion. The main concept behind these two are their internal structure, as ICE is made of engine on the other hand EV is made of electric motors. The controller control power supplied form battery to the motors and hence the vehicle is able to move on the direction. When the motion is only in forward and backward the controller is said two quadrant controller. The motor controller consists mainly of the digital microcontroller, components for regulating and monitoring the motor and power electronics and modules for processing sensor signals, communication and power supply. These microcontrollers aid in the development of safety-critical applications. Faster microcontrollers generally permit a higher function density and especially for e-motor drives, better dynamics and control efficiency because shorter control loop times can be achieved.

There has been observed an increasing adoption of electric vehicles from the past few years. For instance, according to the U.S. Bureau of Labor Statistics, data 2023, the market for electric vehicles (EVs) has grown rapidly in recent years and is expected to continue to grow at a fast pace over the coming decade. Electric car sales in the United States increased from a mere 0.2 percent of total car sales in 2011 to 4.6 percent in 2021. Although forecasts for the rate of EV adoption over the next decade vary widely given rapid changes in both government policies and the auto manufacturing industry in recent years—many forecasts expect a strong acceleration in EV adoption. S&P Global Mobility forecasts electric vehicle sales in the United States could reach 40% of total passenger car sales by 2030, and more optimistic projections foresee electric vehicle sales surpassing 50 percent by 2030. The Infrastructure Investment and Jobs Act, signed into law in November 2021, allocated $7.5 billion to building out a nationwide charging network.12 The funding has initially focused on installing fast chargers along the interstate highway system, which would help mitigate battery range fears and enable long-distance travel.13 The legislation also included large investments to upgrade the nation’s power grid key for accommodating rising electricity demand as EV adoption grows and to expand domestic battery production and recycling capacity. On the consumer side, tax credits spur demand. For instance, the Inflation Reduction Act, signed into law in August 2022, extended a tax credit of up to $7,500 for the purchase of new EVs until 2032 and provided, for the first time, that tax credits could be used for purchasing used EVs. State government policies also offer incentives, such as rebates, to encourage EV ownership by helping offset the high upfront costs of EVs.16 A number of states have also implemented a zero-emission vehicle (ZEV) program, which requires auto manufacturers to sell a set quota of battery-electric or plug-in hybrid-electric vehicles, and have passed laws that ban the sale of new gas-powered vehicles by 2035.

Thus, demand for EVs has grown markedly over the past decade thanks to heightened environmental concerns, greater availability of models, increased cost competitiveness with conventional gas vehicles, and improved vehicle ranges. These factors are expected to continue to drive increased adoption over the 2021–31 decade, with the wide availability of tax incentives and other government programs supporting this trend further. Further, according to the Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety, data 2021, the British Government is actively promoting the growth of BEV and PHEV market through various grants, schemes, and other incentives. On 10th March 2021, the UK govt. allocated INR 204.8 crore (EUR 23.27 million) fund for innovation in electric vehicle sector (GOV.UK, 2021). For this the govt. launched a research and development competition which could include innovations in zero emission emergency vehicles, charging technology, EV battery recycling etc.

Whereas, in the automotive industry, ultra-low-power microcontrollers can be used in motor control systems that are part of hybrid electric vehicles (HEVs) and electric vehicles (EVs), human-machine interfaces (HMIs), powertrain applications, digital filter engines, advanced timer units, sensors, advanced driver assistance. Automotive industry has moved from manufacturing automobiles using mechanical units to using Electronic Control Units (ECUs). One of the integral parts of ECUs are the microcontrollers. The automotive industry deals with several control units which are made up of embedded systems having microcontrollers in them. There are very large number of microcontroller families available in the market provided by different manufacturers. Therefore, owing to all the above factors, increasing investments by government and automotive OEMs to promote the adoption of electric vehicles is driving the global Ultra Low Power Microcontroller MCU market growth.

• Increasing demand for energy-efficient and low-power devices is elevating the demand for Ultra Low Power Microcontroller MCU.

Global Ultra Low Power Microcontroller MCU Manufacturers Profiles/Analysis

NXP Semiconductors

NXP Semiconductors Basic Information, Manufacturing Base, Sales Area, and Competitors

Business Segment/ Overview:

NXP Semiconductors N.V. is based in the Netherlands and is a semiconductor company that in engaged in equipment manufacturing and sales of solutions in several domains such as cryptography-security, high-speed interface, radio frequency (RF), mixed-signal analog-digital (mixed A/D), power management, digital signal processing and embedded system, 16-Bit and 32-Bit microcontroller, connectivity chipsets, and others are design in all major geographic regions.
The company offers its products and solution for four primary end-market application which includes
•    Automotive
•    Industrial & IoT
•    Mobile
•    Communication Infrastructure and other

Ultra Low Power Microcontroller MCU Product Types Specification