Automotive Microcontrollers Market Expecting An Outstanding Growth Till 2017 - 2022
Demand for Microcontrollers Gaining an Upsurge with Increasing Modernization of Vehicles Growing electrification of drivetrain by Tier I suppliers and OEMs is considered to significantly propel adoption of microcontrollers in automobiles in the upcoming years. Governments across the globe have introduced stringent automotive security and safety norms concerning environmental impacts of production processes and materials used for automotive microcontrollers. With increasing modernization of vehicles, demand for microcontrollers is gaining an upsurge, particularly in applications such as airbags and advanced driver assistance systems (ADAS). Moreover, continuous evolution has been witnessed in the automated electronic control technologies for electronic power steering system, electric control suspension and ADAS. A key trend currently being observed in the global automotive microcontrollers market is production of vehicles equipped with advanced technologies that ha...