The economy of the Latin American countries has been growing for some years now. This increase has brought in lot of industries from around the world to open factories in this region. Robotics has helped a lot of these industries to take out the human error and also make the production line more efficient. There has been an increase in the number of robots being used in the industries, like in Brazil the robot sales went up by more than 1500 units. As the economy is improving, new industries will open and the usage of robotics will increase.
Microcontrollers are a very important part of robots. So with the increase in the usage of robotics, the demand for microcontrollers will also increase
The automotive and healthcare sectors are booming across the world. Increasing disposable income and more spending towards healthcare by governments are the major factors for the growth. This is also facilitating the use of technology for different products and services being offered by different healthcare providers and automotive manufacturers. The use of technology is now being seen widely across the industries like consumer care, manufacturing and energy. 8-bit microcontrollers play a key role within these sectors as they are embedded in machinery or consumer products.
Even though new 16-bit and 32-bit microcontrollers are being increasingly used, 8-bit microcontrollers still have a huge market. The market is seeing a decline in terms of revenues and unit sales per year, but still it will be the preferred microcontroller unit in the coming years as its still cheaper than other types of microcontrollers.
Some of the major vendors are Cypress, Microchip, Texas Instruments, NEC Electronics, Atmel, Sony, Renesas Electronics, Zilog and Infineon Technologies.
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