Capex spending for memory ICs was the driving factor behind very strong increases in industry-wide capex spending over the past two years...
Despite an expected slowdown in growth this year and in 2020, the CMOS image sensor market is forecast to continue reach...
After reaching record-high sales in the last two years, the microcontroller (MCU) market slid lower in the first half of 2019 because of overall weakness in electronic systems, a slowdown in automobile sales, and no letup in the trade war between the U.S. and China. In the first six months of this year, worldwide sales of microcontrollers declined about 13% compared to the first half of 2018 while MCU unit shipments fell 14%, according to IC Insights’ Mid-Year Update to the 2019 McClean Report on integrated circuits.
With the MCU market showing signs of stabilizing at the midpoint of 2019, microcontroller sales are expected to pull out of the double-digit percentage slump in the next six months and end this year with a 5.8% decline to $16.5 billion compared to the all-time high of $17.6 billion in 2018 (Figure 1). Worldwide MCU unit shipments are expected to drop 4% in 2019 to 26.9 billion from 28.1 billion in 2018, says the 200-page Mid-Year Update.
In 2020, the microcontroller market is expected to stage a modest rebound after the 2019 decline, growing 3.2% next year to about $17.1 billion, while MCU shipments are projected to increase over 7% and set a new record-high level of 28.9 billion units (surpassing the current annual peak of 28.1 billion reached in 2018). IC Insights’ Mid-Year Update forecast shows microcontroller sales rising by a compound annual growth rate (CAGR) of 3.9% in the 2018-2023 forecast, reaching $21.3 billion in 2023. MCU unit shipments are projected to grow by a CAGR of 6.3% in the five-year forecast period to 38.2 billion in 2023.
MCU unit shipments have been climbing by strong growth rates in most years recently—driven by the spread of automation and embedded control in systems, more sensors, and the rush to connect applications to the Internet of Things (IoT)—but increases in revenues have been muted by sharply lower ASPs, primarily because of intense competition in the 32-bit microcontroller category. IC Insights believes significant ASP erosion in 32-bit MCUs has ended with the average selling price forecast to drop by a CAGR of -3.7% between 2018 and 2023 compared to a -16.1% CAGR nosedive in the 2013-2018 timeperiod.
Automotive microcontrollers sales are forecast to drop 5% in 2019 to $6.4 billion after rising just 1.1% in 2018 when vehicle sales began slumping. In 2017, worldwide automotive MCU revenues grew 12% on the strength of car sales in the year as well as the spread of sensors in vehicles and increase in advanced driver-assistance systems (ADAS). Automotive MCU sales are now projected to rise 1% in 2020 to nearly $6.5 billion, followed by gradual strengthening in growth during the 2021-2023 period to reach $8.1 billion in the final forecast year.
Automotive applications continue to be the largest end-use market for MCUs, accounting for about 39% of total microcontroller sales in 2019. It is worth noting that IC Insights estimates that about 9% of automotive microcontroller sales are currently generated by MCUs involved in IoT connections in vehicles.
CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to email@example.com
- 1Gartner: Global Smartphone Sales Continued to Decline in Second Quarter of 2019
- 2E Ink Teams Up with AU to Develop E-Paper OTFT Backplane
- 3Annual Decline for Feed-in Tariff Should be Set at 4% in Order to Meet 2025 PV Installation Goals
- 4Lextar to Releases New Mini LED Product Series at Touch Taiwan 2019
- 55.8 Billion Enterprise and Automotive IoT Endpoints Will Be in Use in 2020