Automotive and Medical Sectors Lead Growth in Global Microcontrollers Market, Projected to Reach USD 55.4 Billion
The global microcontrollers market, valued at approximately USD 18.6 billion in 2022, is set to experience substantial growth over the next decade. Driven by advancements in technology and increasing demand across various sectors, the market is anticipated to reach USD 55.4 billion by 2031, advancing at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2031. Market Dynamics and Key...
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