The Global Ultra-low-power Microcontroller Market size is expected to reach $7. 5 billion by 2027, rising at a market growth of 9. 6% CAGR during the forecast period. The ultra-low-power microcontroller is a single integrated circuit that contains a processor, programmable input/output peripheral, and memory to allow edge nodes to process localized data while utilizing the least possible amount of device power.
New York, May 05, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Ultra-low-power Microcontroller Market Size, Share & Industry Trends Analysis Report By Packaging Type, By End User, By Peripheral Device, By Regional Outlook and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06273389/?utm_source=GNW
ARM Cortex processor cores in ultra-low-power low-cost MCUs provide integrated power monitoring for processing, control, and connection. Because it integrates a lower battery size, broad data retention capability, and high performance with low power consumption, it is scalable, allowing large-scale deployment in the consumer electronics sector in laptops, gaming devices, smartphones, and home automation systems.
Capacitive touch displays, Interior cabin motors, infotainment systems, steering, and headlights are some of the applications of ultra-low-power microcontroller in the automotive sector, as they improve battery life and fuel efficiency. Additionally, this flexible device strives to reduce power regions of leakage in standard cells and offers high security, reduced noise, low latency, and varied communication capabilities, all of which contribute to higher product quality requirements.
The ultra-low-power microcontroller market is growing due to the increasing utilization of low battery-powered IoT connected smart devices including wireless sensor networks, office equipment, and car engine control systems. Temperature sensors, smart meters, and linked home consoles also acquire real-world signals like temperature, pressure, speed, and acceleration and convert them to digital signals, contributing to market growth.
In addition, blood glucose monitors, wearable heart rate monitors, and retinal implants also utilize ultra-low-power microcontroller-integrated devices with lower battery capacities to monitor patients through wireless technologies for ultimate transfer to storage based on the cloud. Because of their low power consumption, MCU-embedded analog peripheral devices are becoming increasingly popular, opening up new avenues for the ultra-low-power microcontroller market.
The COVID-19 pandemic led economies across the world to severe harm. In addition, the outbreak of the novel coronavirus also devastated numerous businesses all over the world. The supply chains were significantly harmed as a result of lockdowns enforced by governments across the world. The supply chain disruption caused a shortage of various raw materials, due to which, there was a scarcity of numerous goods. Moreover, stringent government regulations in order to regulate the spread of the infection caused a temporary industrial closure, due to which, various manufacturing units were shut. The COVID-19 regulations caused a negative impact on the production of ultra-low-power microcontrollers. The manufacturing units of these devices were shut, which presented a significant obstacle for their production of it. Additionally, various chip manufacturers were negatively impacted by the pandemic.
Market Growth Factors
Increasing demand for energy-efficient solutions in the consumer electronics sector
Leveraging ultra-low-power microcontrollers within consumer electronics help to reduce power consumption. A power management system for the conversion of electrical energy is required for any consumer electronics that need electrical power from a battery. The demand for solutions that can save energy is likely to rise as the usage of consumer electronics and connected devices grows. Such Electronic items are found in a variety of household appliances, including air conditioning power supplies, dishwashers, washing machines, and induction heaters. Moreover, smartphones, smart wearable’s, smart …….