Americas Microcontroller (MCU) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Americas Microcontroller (MCU) Industry Overview

The Americas microcontroller (MCU) market is characterized by its high fragmentation and intense competition due to the presence of numerous global players. Some of the key players in this market include Microchip Technologies Inc., Texas Instruments Incorporated, Intel Corporation, ON Semiconductor, and Analog Devices Inc. To maintain their competitiveness, these companies are dedicated to continuous innovation in their product offerings.

In November 2022, Texas Instruments Inc. (TI) introduced software development kits for matter-enabled Wi-Fi and thread simpleLink wireless microcontrollers (MCUs). This software is the outcome of TI's active involvement in the Connection Standards Alliance and its contributions to advancements in 2.4-GHz connectivity. Engineers can leverage these kits to create ultra-low-power, secure, battery-operated smart home and industrial automation IoT applications that seamlessly integrate with devices from various proprietary ecosystems. This software is compatible with wireless MCUs such as the CC3235SF and CC2652R7.

In May 2022, Microchip Technologies Inc. unveiled the industry's first microcontroller (MCU) that combines a secure subsystem with Arm TrustZone technology in a single package. The PIC32CM LS60, featuring Microchip's Trust Platform secure subsystem, streamlines the development of end products by enabling the use of a single microcontroller instead of multiple semiconductor chips. This innovation simplifies the design and production processes for a wide range of applications.