| Product Code: ETC6185151 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Australia, the electronic power steering (EPS) market that utilizes microcontrollers is growing steadily due to the adoption of fuel-efficient technologies and the push for lower vehicle emissions. EPS systems replace traditional hydraulic systems and use microcontrollers to provide adaptive steering assistance based on driving conditions. The increasing incorporation of microcontrollers in EPS contributes to vehicle performance, energy efficiency, and driver comfort.
Australias shift from hydraulic to electronic power steering systems is bolstering demand for advanced microcontrollers. These microcontrollers are required to manage motor torque and feedback accurately, ensuring a smoother and more responsive steering experience. The rise in electric and hybrid vehicles is contributing to the increased adoption of electronic power steering, further stimulating microcontroller innovation.
Challenges in this market include the demand for microcontrollers that offer both high performance and low power consumption. Ensuring electromagnetic compatibility (EMC) and dealing with the growing software complexity in steering systems are major hurdles. Furthermore, the transition from hydraulic to electronic systems introduces higher design and validation costs, creating barriers for manufacturers entering the market.
With a strong shift towards electric power steering (EPS), the Australian market invites investors to fund MCU technology that enhances vehicle responsiveness and steering safety. Joint ventures with automotive OEMs and embedded software providers offer a route to scale innovations. Further, as electric vehicles become mainstream, EPS MCU solutions tailored for EV platforms provide a lucrative niche for targeted investment.
Government policies around electronic power steering (EPS) systems in Australia are primarily driven by the need for improved fuel efficiency and vehicle safety. Regulations encourage the development of low-energy systems for steering mechanisms, which has led to an increased reliance on microcontrollers to enhance performance while reducing energy consumption. The Australian governments vehicle emission standards and policies that encourage the use of alternative powertrains (like hybrid and electric vehicles) influence the market for EPS microcontrollers, making them more advanced and energy-efficient.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Microcontroller For Electronic Power Steering Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Microcontroller For Electronic Power Steering Market - Industry Life Cycle |
3.4 Australia Microcontroller For Electronic Power Steering Market - Porter's Five Forces |
3.5 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Australia Microcontroller For Electronic Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic power steering systems in vehicles for improved fuel efficiency and driving experience |
4.2.2 Technological advancements in microcontrollers leading to enhanced performance and efficiency of electronic power steering systems |
4.2.3 Stringent government regulations mandating the use of electronic power steering systems for safety and emission control in vehicles |
4.3 Market Restraints |
4.3.1 High initial investment and integration costs associated with implementing electronic power steering systems using microcontrollers |
4.3.2 Limited availability of skilled workforce for the maintenance and repair of electronic power steering systems using microcontrollers |
5 Australia Microcontroller For Electronic Power Steering Market Trends |
6 Australia Microcontroller For Electronic Power Steering Market, By Types |
6.1 Australia Microcontroller For Electronic Power Steering Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Microcontroller Unit, 2021- 2031F |
6.1.4 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Power Management Integrated Circuit, 2021- 2031F |
6.1.5 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Sensors, 2021- 2031F |
6.2 Australia Microcontroller For Electronic Power Steering Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 Australia Microcontroller For Electronic Power Steering Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By CAN Bus, 2021- 2031F |
6.3.3 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By LIN Bus, 2021- 2031F |
6.4 Australia Microcontroller For Electronic Power Steering Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Conventional EPS, 2021- 2031F |
6.4.3 Australia Microcontroller For Electronic Power Steering Market Revenues & Volume, By Electric EPS, 2021- 2031F |
7 Australia Microcontroller For Electronic Power Steering Market Import-Export Trade Statistics |
7.1 Australia Microcontroller For Electronic Power Steering Market Export to Major Countries |
7.2 Australia Microcontroller For Electronic Power Steering Market Imports from Major Countries |
8 Australia Microcontroller For Electronic Power Steering Market Key Performance Indicators |
8.1 Average response time for electronic power steering system maintenance requests |
8.2 Percentage increase in electronic power steering system reliability and durability |
8.3 Rate of adoption of microcontroller technologies in electronic power steering systems |
9 Australia Microcontroller For Electronic Power Steering Market - Opportunity Assessment |
9.1 Australia Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Australia Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Australia Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Australia Microcontroller For Electronic Power Steering Market - Competitive Landscape |
10.1 Australia Microcontroller For Electronic Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Australia Microcontroller For Electronic Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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