Automotive Microcontrollers (MCU) Market Size to Grow USD 11620 Million by 2029 at a CAGR of 7% | Valuates Reports
The market for automotive microcontrollers (MCUs) is expanding significantly due to the increased use of advanced driver assistance systems (ADAS) in automobiles.
- The market for automotive microcontrollers (MCUs) is expanding significantly due to the increased use of advanced driver assistance systems (ADAS) in automobiles.
- Great-performance microcontrollers with sophisticated processing capabilities are in great demand as automakers work to improve automation and safety features.
- Another key factor driving the Automotive MCU market is the trend towards electric and hybrid cars.
- The need for automotive microcontrollers is being driven by the spread of connected automobile technology.