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The consumer electronics segment of the ultra-low-power microcontroller market in APAC is expected to hold the biggest market share during the forecast period.
The ultra-low-power microcontroller market for consumer electronics in Asia Pacific is projected to grow at the highest CAGR during the forecast period.
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Smart devices such as wearables, building automation devices, and smart appliances such as white goods are witnessing increasing demand and adoption globally. The rising demand for portable devices is acting as an opportunity for the growth of the ultra-low-power microcontroller market for consumer electronics. Microchip and Analog Devices are among the major suppliers involved in the market for consumer electronics.