With the continuous development of society and technology, the market demand for the technical level of products is further improved. MCU products are in the stage of technology breakthrough, improving performance, reducing power consumption and size. The rise of the Internet of things and other fields guides the future product market structure direction of MCU industry.
Global industrial upgrading and stable growth of MCU market scale
Thanks to the rapid development of the Internet of things, the number of networking nodes has increased, the penetration rate of automotive electronics has increased, and the strong demand of industry 4.0 for automation equipment and other industrial upgrading factors, the global MCU shipment quantity and market scale have maintained a stable growth in the past five years. According to the data of icinsights, the global shipment of MCU products has increased from 22058 million in 2015 to 36065 million in 2020, the market size has increased from 15945 million US dollars in 2015 to 20692 million US dollars in 2020, and the average unit price of MCU has increased from 0.72 US dollars in 2015 to 0.78 us dollars in 2020.
Fierce competition in the market environment to promote MCU chip technology upgrade
With the development of Internet of things terminal demand, the demand of 32-bit MCU chip for ADAS systems such as driving information system, throttle control system, automatic parking system, advanced cruise control system and anti-collision system will be greatly increased in the future. At the same time, with the continuous improvement of the development environment, the price difference between 8-bit and 32-bit MCU is gradually narrowing. In addition, because most of the 32-bit MCU chips work between 100-350mhz, low power consumption becomes the core competitiveness of 32-bit MCU chips.
According to the data released by icinsights, the global MCU industry’s downstream market in 2019 is mainly divided into automotive electronics, industrial control / medical, computer and consumer electronics, among which automotive electronics is the largest downstream application market, accounting for 33%. It is speculated that the field of vehicle and industrial control will be the main target market of MCU industry in the global market in the future.
Improvement of production process 32-bit MCU chip takes the lead
The application of MCU in the world is mainly automotive electronics, industrial control / medical, and high-specification 32-bit MCU occupies a dominant position. From the perspective of market distribution of MCU terminal applications, according to icinsights data, the global MCU downstream applications (in terms of sales) in 2019 are mainly distributed in four fields: automotive electronics (33%), industrial control / medical (25%), computer (23%) and consumer electronics (11%).
At the same time, with the increasing demand for MCU computing power in automotive electronics, industrial control / medical and other fields, the cost of 32-bit MCU is reduced by advanced manufacturing technology, and the MCU product specifications continue to iterate to 16 / 32-bit.
The market environment is highly concentrated, and domestic manufacturers need to be improved
From the perspective of MCU industry competition pattern, the world’s major suppliers are still mainly foreign manufacturers, and the industry concentration is relatively high. Domestic MCU chip manufacturers only have strong competitiveness in the low-end market. The global MCU manufacturers are mainly Renesas Electronics (Japan), NXP (Netherlands), Dejie Electronics (USA), Infineon (Germany), microchip technology (USA), Samsung Electronics (Korea), Italian semiconductor (Italy) and cypress (USA).
According to the competition analysis of global music chip enterprises published by icinsights, in order to compete for market share, major manufacturers actively layout the Internet of things application fields with strong growth, and several large-scale mergers and acquisitions have taken place among MCU manufacturers. For example, NXP acquired Freescale with us $11.8 billion in 2015, completing its layout in the automotive electronics field; microchip completed its acquisition of ATMEL in 2016, etc.
The growth of MCU industry has slowed down, and Asia is expected to become a new growth point
In the first half of 2020, affected by the downward cycle of global IC industry and international trade environment, the growth of global MCU market slowed down. Compared with European and American countries with higher level of industrialization, Asian countries have more room to upgrade their industrialization.
Taking China as an example, with the gradual disappearance of demographic dividend, labor-intensive enterprises have an urgent demand for industrial automation. Therefore, according to the past data, it is estimated that the global MCU market will grow from 20.7 billion US dollars in 2020 to 28.5 billion US dollars in 2026.
Editor in charge: Tzh