The ultra-low-power microcontroller market has seen considerable growth due to a variety of factors.
• The ultra-low-power microcontroller market has grown rapidly in recent years. It will grow from $5.12 billion in 2024 to $5.66 billion in 2025, at a CAGR of 10.6%.
The growth is due to increased demand for smart devices, the push for energy conservation in electronics, the growing use of low-power devices, and the demand for smart weapons and sensors.
The ultra-low-power microcontroller market is expected to maintain its strong growth trajectory in upcoming years.
• The ultra-low-power microcontroller market is projected to grow to $8.37 billion by 2029, with a CAGR of 10.3%.
The market growth is driven by increasing demand for medical devices, energy-efficient solutions, battery-powered devices, AI in edge computing, and rising demand for edge computing devices. Trends include innovations in wireless technologies, power-integrated modules, wearable technologies, and efficient power electronic components.
The ultra-low-power microcontroller market's expansion is predicted to be driven by the escalating adoption of Internet of Things (IoT) devices. IoT devices are interconnected devices that gather, transmit, and act on data via the internet or other networks. The proliferation of high-speed internet and mobile networks, the expansion of cloud infrastructure, live monitoring capabilities, as well as enhanced convenience and personalized experiences contribute to the increased adoption of IoT devices. Ultra-low-power microcontrollers, by reducing power consumption while maintaining the required performance for IoT applications, play a crucial role in the efficiency and functionality of these devices. For instance, Ericsson, a telecommunication firm based in Sweden, published a report in September 2022 stating that global IoT connections had hit 13.2 billion the same year and predicted an 18% growth, reaching 34.7 billion connections by 2028. Hence, the escalating adoption of IoT devices serves as a significant driver propelling the ultra-low-power microcontroller market's growth.
The ultra-low-power microcontroller market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Peripheral: Devices, Analog Devices, Digital Devices
3) By Packaging Type: 8-Bit Packaging, 16-Bit Packaging, 32-Bit Packaging
4) By Application: General Test And Measurement, Sensing, Flow Measurement, Other Applications
5) By End-User Industry: Aerospace And Defense, Automotive, Servers And Data Centers, Consumer Electronics, Telecommunications, Healthcare, Media And Entertainment, Manufacturing, Other End-Users
Subsegments:
1) By Hardware: Microcontroller Units, Power Management ICs, Memory, Analog Components, Communication Modules
2) By Software: Firmware For Microcontrollers, Operating Systems, Development Tools, Middleware And Communication Protocols, Security Software For Low-Power Devices
3) By Services: Design And Development Services, Integration And Testing Services, Custom Firmware Development, Embedded System Consulting, Maintenance And Support Services
Leading businesses in the ultra-low-power microcontrollers market are putting their efforts into creating innovative solutions such as energy-efficient ultra-low-power microcontrollers to meet the increasing demand for energy-saving and high-performance products. Energy-efficient ultra-low-power microcontrollers are Microcontroller Units (MCUs) that are specifically designed to function with minimal power consumption while providing high performance. For example, in March 2024, STMicroelectronics NV, a semiconductor manufacturing company from Switzerland, introduced the STM32U0 series. This new line of ultra-low-power microcontrollers aims to improve energy efficiency in various applications. They can decrease energy usage by as much as 50% compared to their predecessors. Such microcontrollers allow the devices to run longer with the same battery size, making them perfect for industrial sensors, smart meters, and consumer electronics like wearables. The STM32U0 series, which is based on the Arm Cortex-M0+ core, can support frequencies up to 64 MHz, offer up to 256 KB of Flash memory and 32 KB of SRAM, and come with multiple communication interfaces and various analog peripherals.
Major companies operating in the ultra-low-power microcontroller market are:
• Broadcom Inc.
• Cypress Semiconductor Corporation
• Texas instruments
• MediaTek Inc.
• STMicroelectronics N.V.
• Infineon Technologies AG
• NXP Semiconductors N.V.
• Analog Devices Inc
• Renesas Electronics Corporation
• EPSON Semiconductor Solutions Corporation
• ON Semiconductor Corporation
• Microchip Technology Incorporated
• Freescale Semiconductor Inc
• Rohm Semiconductors Co Ltd
• Xilinx Inc.
• Nuvoton Technology Corporation
• Silicon Laboratories Inc.
• Mouser Electronics
• Nordic Semiconductor
• Espressif Systems
• Holtek Semiconductor Inc.
• Zilog Inc
• Atmel Corporation
• Ambiq Micro Inc
• EM Microelectronic
• Seiko Instruments
• LAPIS Semiconductor Co Ltd
• Parallax Inc.
• Cypress Semiconductor Corporation
Asia-Pacific was the largest region in the ultra-low-power microcontroller market in 2024. The regions covered in the ultra-low-power microcontroller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.