Europe MPU Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe MPU Market Analysis
The Europe Microprocessor (MPU) Market is valued at USD 2.09 billion in the previous year and is expected to reach USD 3.04 million, growing at a CAGR of around 6.2% during the forecast period.
A microprocessor or microprocessor unit (MPU) is a programmable device that receives binary data from an input device, processes the data according to the instructions kept in the memory, and delivers results as output. In other words, the microprocessor performs the program stored in the memory and transmits data to and from the external world through I/O ports.
The growth of the microprocessor market in the European region is anticipated to be driven by several end-user industries like automotive, industrial, telecommunications, and healthcare. Several EV manufacturers are setting their European manufacturing sites to benefit from its efficient automotive manufacturing industry.
For instance, in March 2022, Tesla Inc. obtained the necessary local licenses in Germany to produce electric vehicles at its new plant outside Berlin. When fully operational, the Berlin facility is expected to produce 500,000 vehicles annually, most of which will be Model Y compact crossovers. Such extensive consumption and demand for EVs in the region are anticipated to drive the growth of the automotive MPU market during the forecast period.
However, the increasing complexity of the product's design, along with the upgradation of the product, restraints many of the customers from using it and thus may impact the market's future growth. Moreover, due to COVID-19, almost all the markets of all around the globe were highly affected. And in Europe, several restrictions were imposed due to many cases with fast spread. Though post-COVID-19, as the thing returned to normal, the market returned to finding its stability and is anticipated to grow over the forecasted period with the market's application and end-user industry.
Europe MPU Market Trends
Growth of 5G Communication Technology in Region Drives the Market
With the 5G technology being widely implemented across the region, these microprocessors are also being utilized in consumer electronics applications like desktop PCs, smartphones, tablets, and servers where the 5G technology are being operated along with microprocessor because of their quick processing speed, small size, and ease of maintenance.
According to VIAVISION, in 2022, around 71 cities in Spain, 65 cities in Italy, 58 cities in Germany, and 57 in the United Kingdom where 5G was made available is expected to grow more over the forecasted period and would drive the microprocessor market in the region.
Further, according to Ericsson, the total number of 5G subscriptions in Western Europe is anticipated to reach over 433 million by 2027. Earlier in 2021, there were 30.56 million 5G subscriptions in Western Europe, with a significant rise in the coming years, providing the market vendors for MPUs and the opportunity to expand their business. In addition, Ericsson also reported that the number of 5G subscriptions in Central and Eastern Europe is anticipated to reach 231 million by 2027, which were about 2.1 million 5G subscriptions in the year 2021.
Besides, in March 2023, The Belgium government announced the winners of its 5G pilot project tender, where Mobile operator Orange emerged as the winner. It was elected to carry out 12 of these projects. Through these projects, the government aims to accelerate 5G innovation in Belgium which it says has suffered from a slower 5G rollout than most other EU, which will also impact and drive the market for microprocessors.
Growing Automotive Industry in the Region to Drive the Market
Microprocessors are used in automobiles for numerous purposes, primarily for handling and managing different systems and features of the car, such as the engine, fuel injection, safety features, climate control, and entertainment systems, and enabling the vehicle systems to communicate and work together seamlessly, while permitting for better monitoring and diagnostics of the car's performance.
Further, as per European Automobile Manufacturers Association (ACEA) report, in April 2022, around 831,000 passenger cars were sold in the region of Europe, of which about 180,300 units were sold in Germany, stayed the leading market for passenger car sales in Europe that month.
Also, according to Statistisches Bundesamt (Federal Statistical Office is a federal authority of Germany), in 2022, the German automotive industry generated a revenue of around EUR 506 billion (USD 559.3 billion), which was an increase compared to around EUR 411 billion (USD 455.3) in 2021 and is anticipated to grow more ove coming future and drive the market for the microprocessor in the region.
Various automotive system suppliers, OEMs, and Tier 1s in the market have also started to focus on developing microprocessors as software increasingly plays an important role in the automotive market. As such, such an increased focus on the development of MPU will positively impact the market.
Europe MPU Industry Overview
The market in the region is significantly consolidated with a significant intensity of competition. The market is also witnessing substantial investments by various players. Some of the development happening across the region includes.
March 2023 - Renesas Electronics Corp. has unveiled a new industrial microprocessor (MPU), the RZ/T2L MPU, that helps the EtherCAT communication protocol, executing high-speed, precise real-time control for industrial systems. Further, it inherits the hardware architecture of its higher-end product, the RZ/T2M, and provides optimized solutions for the fast-growing EtherCAT communication market.
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 partnership formalizes collaboration between the two associations to optimize integration & implementation and provide the long-term availability of Winbond and ST devices to complete the requirements of customers serving industrial markets.
Europe MPU Market Leaders
STMicroelectronics NV
SK Hynix Inc
Samsung Technologies
Micron Technology
Renesas Electronics Corporation
*Disclaimer: Major Players sorted in no particular order
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Europe MPU Market News
- March 2023: STMicroelectronics announced its new STM32MP13 MPUs, in mass production. The latest MPUs have a 1 GHz Arm Cortex-A7 application-processing core. It also supplies high security using cryptographic acceleration with SCA robustness/protection, tamper resistance, safe storage, and Arm TrustZone technology with Trusted Firmware (TF-A and OP-TEE) safe processing environments.
- July 2022: STMicroelectronics and GlobalFoundries Inc. announced they had signed an MoU to construct a new, jointly-operated 300mm semiconductor manufacturing plant neighboring ST's existing 300mm facility in Crolles, France. This establishment is targeted to ramp at complete capacity by 2026, with about 620,000 300mm wafer per year production at full build-out.
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 Macro Trends on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growth of 5G Communication Technology
5.1.2 Increase in Demand for High Performance and Energy-efficient Processors
5.2 Market Challenges
5.2.1 Decrease in demand for PCs
5.2.2 Complex Design and Structure
6. MARKET SEGMENTATION
6.1 By Product
6.1.1 8-bit
6.1.2 16-bit
6.1.3 32-bit or greater
6.2 By Application
6.2.1 Consumer Electronics
6.2.2 Enterprise - Computer and Servers
6.2.3 Industrial
6.2.4 Automotive
6.2.5 Other Applications
6.3 By Country
6.3.1 United Kingdom
6.3.2 Germany
6.3.3 France
6.3.4 Italy
6.3.5 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 STMicroelectronics NV
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 Micron Technology
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
Europe MPU Industry Segmentation
A microprocessor is a device that directs the core elements of a computer system on a single integrated circuit or as a few integrated circuits operating as a cohesive unit created to process digital data.
Europe 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 (UK, Germany, France, Rest of Europe). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
| By Product | |
| 8-bit | |
| 16-bit | |
| 32-bit or greater |
| By Application | |
| Consumer Electronics | |
| Enterprise - Computer and Servers | |
| Industrial | |
| Automotive | |
| Other Applications |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Rest of Europe |
Frequently Asked Questions
What is the current Europe MPU Market size?
The Europe MPU Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Europe MPU Market?
STMicroelectronics NV, SK Hynix Inc, Samsung Technologies, Micron Technology and Renesas Electronics Corporation are the major companies operating in the Europe MPU Market.
What years does this Europe MPU Market cover?
The report covers the Europe MPU Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe MPU Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe MPU Industry Report
Statistics for the 2024 Europe MPU market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe 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.
