Infineon Technologies (Korea CEO Seung-Soo Lee) ranked first in the global microcontroller market.

According to the latest research from Omdia, Infineon will achieve the largest year-on-year growth (3.5%) among its competitors, with a market share of 21.3% in 2024 (up from 17.8% in 2023).

“The strengthened position of Infineon is proof that our products deliver great value to our customers,” said Andreas Urschitz, Chief Marketing Officer at Infineon. “Infineon has grown faster than the market and gained market share over the past ten years because we offer our customers highly functional and efficient system solutions. These solutions are at the heart of many innovations that are driving decarbonization and digitalization.”

Infineon has grown faster than the market over the past few years. Since 2015, Infineon's microcontroller business has grown at a CAGR of 13.0%, while the overall market has grown at a CAGR of only 4.0%.

In 2023, Infineon became the world's number one in the automotive microcontroller market for the first time, and finally in 2024, it also achieved number one in the overall microcontroller market.

According to Omdia, the global microcontroller market revenue is expected to reach $28 billion in 2023 and $22.4 billion in 2024.

Microcontrollers serve as the brains of a wide range of applications, from automotive systems that make cars greener, safer, and smarter, to IoT devices that transform the way we live, work, and interact, to industrial machines that increase productivity.

Infineon's microcontroller portfolio, consisting of the AURIX™, TRAVEO™, PSOC™, XMC™ and secure microcontroller families, meets the needs of diverse applications.