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Boom in Demand for Consumer Electronics To Propel the MCU Market

The Global Microcontroller market was estimated to be worth US$1.472 billion in 2018 and new research further claims that it will see moderate growth during the forecast period.


The report titled, “Global Microcontroller Market – Forecasts from 2019 to 2024” further reveals that the demand for microcontrollers will witness a rise during the forecast period owing to an increase in the demand for consumer electronics worldwide. Furthermore, the increasing penetration of electronics in the automotive industry and the budding automation in manufacturing industries will further propel the market in the coming years.

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Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

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