Americas MPU Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.02 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Americas MPU Market Analysis
The Americas Microprocessor (MPU) Market was valued at USD 13.42 million last year. It is expected to record a CAGR of 7.02%, reaching USD 20.33 billion in the next five years.
- A microprocessor is a microcomputer's controlling unit. It is created on a chip, capable of achieving Arithmetic Logic Unit (ALU) operations and communicating with other linked devices. A microprocessor contains a control unit, a register array, and an ALU. The ALU executes arithmetic and logical operations; the control unit oversees data flow and instructions through the computer, and the register array stores accumulators and data. The microprocessor accomplishes tasks such as "fetch," "decode," and "execute" in the provided sequence.
- Due to the growing usage of cloud-based applications and data centers, advancements in artificial intelligence and machine learning technologies, and the need for home appliances, there is a growth in the demand for MPU in the region. In addition, there is also a rising need for AR and VR apps and devices, digital cameras, and gaming consoles, which is driving the market.
- Moreover, MPUs are widely used in the automotive industry, as they play an essential part in the working of automobiles. According to GoodCarBadCar.net, in Q4 2022, Ford was the leading North American car brand in quarterly sales. Ford Motor sold around 459,200 Ford-badged vehicles in Q4 2022, followed by Chevrolet with about 415,000 vehicles.
- While several advanced applications are increasingly demanding MPUs, the drastic fall in the usage of and market for PCs act as a major restraint for the MPU market growth. Besides, the COVID-19 pandemic has influenced the global microprocessor industry. Due to a shortage of raw material, the entire supply chain was disrupted in Q1 2020. However, things returned to normal, and the rapid growth of various end-user industries are currently augmenting the market growth.
Americas MPU Market Trends
Growing Consumer Electronic Demand
- The region is also home and hub to many major organizations for manufacturing consumer electronics, such as Apple, Dell, Sony, HP, and many more. The market is predicted to develop due to increased usage of cloud-based applications, data centers, and advancements in artificial intelligence and machine learning technologies. In addition, the growing demand for Augmented Reality and Virtual Reality devices, as well as digital cameras and gaming consoles, is propelling the regional microprocessor products forward.
- As per a US Census Bureau and Consumer Technology Association report in January 2022, smartphone sales in the United States are anticipated to increase to USD 74.7 billion by the end of 2022 compared to USD 73 billion in 2021. With the growing adoption of smartphones in the market, the demand for microprocessors is also expected to increase in the market at the same speed.
- Also, as per Meltwater, a software company, as of the Q3 of 2022, internet users in Brazil spent 4 hours and 04 minutes everyday online through computers and tablets; of the total 9 hours and 32 minutes of daily online usage, the time spent on mobile phones was 2 hours and 5 hours and 28 minutes, representing around 57.3 percent of the total. As things are getting more digitized in the region, the need for such devices is anticipated to grow further, thereby driving the regional market growth.
- All major SoC and chip manufacturers, including Samsung, are making significant efforts to make their MPUs as small as possible. Smaller and more advanced consumer electronics devices require small microprocessors in order to be suitable for the electronics design. In line with this, Samsung developed a 3nm chip with improved performance. Also, in August 2022, the company announced to consider spending USD 10 billion to build an advanced logic chip manufacturing plant in Texas, US. The new facility will be capable of fabricating a 3nm chip, thereby aiming to acquire more American clients.
United States to Hold the Largest Market Share
- The United States is among the world's top most advanced technology-driven and rapidly upgrading countries, comprising and hub and home to all the major players of technology-driven industries.
- The country is also the hub and home to many of the major players in the market, such as Micron, Qualcomm, Intel Corporation, Nividia, and many more. Thus any development in the market technology is likely to be getting started from the country through the development program of these players only that later transmit to other regions.
- Further, the country is also introducing different laws to develop the industry. For instance, in August 2022, the US President signed the CHIPS & Science Act into law, sending USD 52.7 billion to processor manufacturers over five years to support the US reclaim semiconductor industry leadership lost to Taiwanese & Korean companies and challenged by growing capable Chinese firms.
- In addition, in October 2022, Chipmaker Micron Technology announced it would spend USD 20 billion to construct the largest-ever US semiconductor factory. And it also further plans to expand it, which may cost up to USD 100 billion over 20 years.Its announcement follows other US semiconductor factory projects offered lately by other chipmakers, including Intel, Samsung, & TSMC. The recent fabs are all part of restoring chip and other technology manufacturing to the US shores.
- Also, the country has a growing and expanding automotive industry across various types of vehicles sold for various purposes. For instance, according to The Bureau of Economic Analysis (BEA), in August 2022, around 887,900 light trucks were being sold, along with 240,280 and 38,420 autos and heavy trucks, respectively.
Americas MPU Industry Overview
The MPU market in the region is moderately fragmented due to the presence of many major market players. Several players are making significant efforts to increase their geographical presense and acquiring more clients, thereby increasing their market share across the region.
- March 2023 - STMicroelectronics announced the release of its new STM32MP13 MPUs, in mass production. The new MPUs have a 1 GHz Arm Cortex-A7 application-processing core. It also provides high security utilizing cryptographic acceleration with SCA robustness/protection, tamper resistance, secure storage, and Arm TrustZone technology with Trusted Firmware (TF-A and OP-TEE) safe processing environments.
- March 2023 - Renesas Electronics Corporation announced the latest industrial microprocessor (MPU) that supports the EtherCAT communication protocol, acquiring high-speed, accurate real-time control for industrial systems. The RZ/T2L MPU inherits the hardware architecture of its higher-end product, the RZ/T2M, and delivers optimized solutions for the fast-growing EtherCAT communication market.
Americas MPU Market Leaders
Micron Technology
Intel Corporation
SK Hynix Inc.
Nvidia
Qualcomm Technologies
*Disclaimer: Major Players sorted in no particular order
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Americas MPU Market News
- March 2023 - Winbond Electronics Corporation and STMicroelectronics announced a partnership that groups Winbond's specialty memory ICs with ST's STM32 microcontrollers (MCUs) & microprocessors (MPUs). The association formalizes collaboration between the two organizations to optimize integration & implementation and ensure the long-term availability of Winbond and ST devices to fulfill the needs of customers serving industrial markets.
- August 2022 - Microchip Technology announced that it has expanded its microprocessors system-on-modules (SOMs) portfolio. The latest Microchip SOM SAM9X60D1G-SOM is an ARM926EJ-S-based implanted MPU operating up to 600 MHz. Software for the SAM9X60D1G-SOM is available with bare metal or RTOS help through MPLAB Harmony3 or complete Linux mainlined distributions.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Impact of Macroeconomic Factors on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increase in Demand for High Performance and Energy-efficient Processors
5.1.2 Growing Demand for Consumer Electronics
5.2 Market Challenges
5.2.1 Reduced Demand for PCs
6. MARKET SEGMENTATION
6.1 By Product
6.1.1 8-bit
6.1.2 16-bit
6.1.3 32-bit and more
6.2 By Application
6.2.1 Consumer Electronics
6.2.2 Enterprise - Computer and Servers
6.2.3 Automotive
6.2.4 Industrial
6.2.5 Other Applications
6.3 By Country
6.3.1 United States
6.3.2 Canada
6.3.3 Brazil
6.3.4 Rest of Americas
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Micron Technology
7.1.2 Intel Corporation
7.1.3 SK Hynix Inc.
7.1.4 Nvidia
7.1.5 Qualcomm Technologies
7.1.6 Renesas Electronics Corporation
7.1.7 STMicroelectronics NV
7.1.8 TSMC
7.1.9 Samsung Technologies
7.1.10 Broadcom Inc
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Americas MPU Industry Segmentation
A microprocessor is an electronic component on a single integrated circuit (IC). It consists of millions of small components that work together, such as diodes, transistors, and resistors. This chip performs a variety of purposes, including timing, data storage, and peripheral device interfacing.
The Americas Microprocessor (MPU) Market is Segmented by Product (8-bit, 16-bit, 32-bit or greater), Application (Consumer Electronics, Enterprise - Computer and Servers, Automotive, Industrial), and Country. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Product | |
| 8-bit | |
| 16-bit | |
| 32-bit and more |
| By Application | |
| Consumer Electronics | |
| Enterprise - Computer and Servers | |
| Automotive | |
| Industrial | |
| Other Applications |
| By Country | |
| United States | |
| Canada | |
| Brazil | |
| Rest of Americas |
Frequently Asked Questions
What is the current Americas MPU Market size?
The Americas MPU Market is projected to register a CAGR of 7.02% during the forecast period (2024-2029)
Who are the key players in Americas MPU Market?
Micron Technology, Intel Corporation, SK Hynix Inc., Nvidia and Qualcomm Technologies are the major companies operating in the Americas MPU Market.
What years does this Americas MPU Market cover?
The report covers the Americas MPU Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Americas MPU Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Americas MPU Industry Report
Statistics for the 2024 Americas MPU market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Americas MPU analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
