Automotive Microcontrollers Market:  In 2022, the automotive microcontrollers market was estimated to be worth USD 12.2 billion.  The market for automotive microcontrollers is expected to expand at a compound annual growth rate (CAGR) of 8.20% from 2023 to 2032, from USD 13.2 billion in 2023 to USD 24.8 billion. The automotive microcontrollers market is a crucial segment of...

Overview The Electric Parking Brake (EPB) Market is evolving rapidly as automotive manufacturers shift from traditional mechanical systems to advanced electronic solutions. EPBs replace the conventional handbrake with an electronically controlled system that engages or releases the brake with a button or automatically, enhancing safety, space utilization, and user convenience. As of 2025, the...

OverviewAutomotive stamping is a manufacturing process used to shape sheet metal into various components required for vehicle production. It plays a critical role in the automotive industry, producing parts such as body panels, doors, hoods, roofs, fenders, and structural components. The process involves placing flat sheet metal into a stamping press, where dies and tooling are used to form the...

Allied Market Research, titled, “Microcontroller Market by Product Type and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global microcontroller market size was $16.49 billion in 2019, and is projected to reach $42.19 billion by 2027 to register a CAGR of 11.50% during the forecast period. Asia-Pacific is expected to be the leading contributor...