Top 5 MCU companies accounted for 82% of the market in 2021
🟦Global Microcomputer Market Size in 2021
According to IC Insights, microcontroller (MCU) sales in 2021 reached a record high of $20.2 billion, up 27% year-on-year. The microcomputer market was shrinking for two consecutive years in 2019 and 2020, but grew rapidly in 2021. This is the highest growth rate since 2000. Average prices have also risen by 12%, the highest annual price increase since the mid-1990s.
- Microcontroller market size growth rate
- -7% decrease in 2019
- -2% decrease in 2020
- 2021 +27% increase
Average price +12% Shipments +13%
A microcontroller unit is a semiconductor chip that performs arithmetic processing. It is more suitable for performing basic operations than CPUs that perform the same general-purpose calculations. One of the reasons for the semiconductor shortage is that supply could not keep up with the rapid recovery in demand for microcontrollers in 2021 due to the global recession.
🟦 Microcomputer market concentrated among top companies
The top five microcontroller companies accounted for 82.1% of the global market in 2021. This percentage is larger than 72.2% in 2016. Due to major acquisitions and mergers since 2016. Furthermore, the total sales of the Top 10 are 95.5% of the total market, making the market oligopolistic.
- Top 10 Microcomputer Companies
- Europe NXP
- U.S. Microchip
- Japan Renesas Electronics
- Europe STMicroelectronics
- Europe Infineon Technologies
- U.S Texas Instruments
- Taiwan Nuvoton Technologies
- Japan Rhom
- Korea Samsung Electronics
- Japan Toshiba
Due to the progress of large-scale acquisitions, the market share of the top 10 microcomputer companies is 95.5%
Renesas, ROHM, and Toshiba are among the top 10 companies in the microcomputer market, Japan are also listed in the top 10. The microcontroller market itself was worth about $20 billion in 2021, only about 3% of the total semiconductor market of about $600 billion.