Automotive Microcontroller Market The automotive microcontroller market is set to achieve a valuation of USD 14.32 billion by 2024, with a projected compound annual growth rate (CAGR) of 8.27% from 2024 to 2034. By 2034, the market is expected to grow to approximately USD 31.7 billion. This expansion is driven by the enforcement of mandatory …
Tag Archives: Automotive Microcontroller Market Trend
Automotive Microcontroller Market Set for 8.27% CAGR, Projected to Hit USD 31.7 Billion by 2034 | FMI Reports
The automotive microcontroller market is projected to be valued at USD 14.32 billion in 2024, with an expected CAGR of 8.27% from 2024 to 2034. By 2034, the market is forecasted to reach USD 31.7 billion. The implementation of mandatory safety standards in the automotive sectors of various countries has driven the need for automotive …