Microcontroller Market to 2015 - Commissioning of Smart Grid Projects

Aug. 6, 2012 - PRLog -- The global smart grid sector was a $35 billion industry in 2011, with revenues coming from different segments, such as Advanced Metering Infrastructure (AMI), IT and communication, grid security, advanced transmission, and energy storage. AMI mainly includes smart meters and other networking infrastructure required to connect the grid with the customers. Microcontrollers (MCUs) form the core of these smart meters which are used for various purposes, such as gas, water, and electricity monitoring. The cumulative global market for smart grids during 2011-2015 is expected to be around $180 billion, with the investments in the market expected to double to $70 billion by 2015. This growth in smart grid investments is a major revenue source for MCUs. These investments are expected to follow the commissioning of new projects, mergers and acquisitions, alliances, private equity investments and so on, across key countries in America, Europe and Asia Pacific.

MCUs are already being used in the medical electronics industry in the construction of products such as blood pressure monitors, handheld ultrasound systems, spirometers, pulse oximeters, heart rate monitors, and glucometers. Ageing populations in the US and the UK are dependent on government healthcare programs creating a demand for affordable, high quality healthcare solutions. This has given rise to the development of miniaturized medical equipment, which in turn will result in increased MCU sales. Healthcare expenses have also come down for the government, as remote patient monitoring and health checkups are possible due to these product developments.

For Sample Pages, please click or add the below link to your browser:
http://www.globalmarketsdirect.com/SamplePdfRequest.aspx?...

MCU-based smart card devices achieved shipments of around 5.9 billion units in 2011, which showed a 7% increase in shipments over 2010. The major drivers for this sector are the telecom, banking, retail, government ID, and healthcare segments. Contactless smart cards that use Near Field Communication (NFC) are expected to be the next prominent driver for the market, with contactless payments through mobile phones and keyless security being the main applications. The telecom sector accounts for around 75% of the overall shipments in 2011, and a continuing growth is expected in markets such as India, China, Indonesia and Brazil.

Global Markets Direct’s new report, “Microcontroller Market to 2015 - Commissioning of Smart Grid Projects to Create Market Opportunities in Advanced Metering Infrastructure and Grid Equipment” provides key information and analysis on the market opportunities in the global microcontroller industry. The report covers the latest information on the revenue and volume of the microcontrollers market. The report provides product - based, region -based and end-use based forecasts up to 2015. Microcontroller usage in smart grid sector is increasing, as they provide greater reliability in power generation. Various devices and equipment contain microcontrollers and the report discusses their role and also gives a detailed market revenue breakdown along with the key players and their market shares.

For further details, please click or add the below link to your browser:
http://www.globalmarketsdirect.com/Report.aspx?ID=Microco...

Visit our report store: http://www.globalmarketsdirect.com

For more details contact:
pressreleases@globalmarketsdirect.com

North America:    +1 646 395 5477
Europe:        +44 207 753 4299
           +44 1204 543 533
Asia Pacific:       +91 40 6616 6782