| Product Code: ETC6747531 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China import shipments of microcontrollers for electronic power steering in 2024 saw significant growth, with top exporting countries including Taiwan, South Korea, Japan, China, and Malaysia. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 7.51%, indicating a steady expansion in demand. Moreover, the growth rate from 2023 to 2024 surged by 18.08%, reflecting a rapid acceleration in the market. This data suggests a strong and dynamic market for microcontrollers in China electronic power steering sector.

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 China Microcontroller For Electronic Power Steering Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Microcontroller For Electronic Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 China Microcontroller For Electronic Power Steering Market - Industry Life Cycle |
3.4 China Microcontroller For Electronic Power Steering Market - Porter's Five Forces |
3.5 China Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 China Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 China Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 China Microcontroller For Electronic Power Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 China 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 the automotive industry due to benefits such as fuel efficiency and improved vehicle performance. |
4.2.2 Technological advancements in microcontroller design and functionality, leading to more efficient and reliable electronic power steering systems. |
4.2.3 Growing emphasis on vehicle safety features and regulations mandating the use of electronic power steering systems in vehicles. |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing electronic power steering systems using microcontrollers, limiting adoption rates. |
4.3.2 Challenges related to interoperability and compatibility issues between different microcontrollers and electronic power steering systems. |
4.3.3 Concerns regarding cybersecurity and data privacy risks associated with interconnected electronic power steering systems. |
5 China Microcontroller For Electronic Power Steering Market Trends |
6 China Microcontroller For Electronic Power Steering Market, By Types |
6.1 China Microcontroller For Electronic Power Steering Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Microcontroller Unit, 2021- 2031F |
6.1.4 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Power Management Integrated Circuit, 2021- 2031F |
6.1.5 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Sensors, 2021- 2031F |
6.2 China Microcontroller For Electronic Power Steering Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 China Microcontroller For Electronic Power Steering Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By CAN Bus, 2021- 2031F |
6.3.3 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By LIN Bus, 2021- 2031F |
6.4 China Microcontroller For Electronic Power Steering Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Conventional EPS, 2021- 2031F |
6.4.3 China Microcontroller For Electronic Power Steering Market Revenues & Volume, By Electric EPS, 2021- 2031F |
7 China Microcontroller For Electronic Power Steering Market Import-Export Trade Statistics |
7.1 China Microcontroller For Electronic Power Steering Market Export to Major Countries |
7.2 China Microcontroller For Electronic Power Steering Market Imports from Major Countries |
8 China Microcontroller For Electronic Power Steering Market Key Performance Indicators |
8.1 Average response time of microcontrollers in electronic power steering systems, indicating the efficiency and performance of the system. |
8.2 Percentage of vehicles equipped with electronic power steering systems using microcontrollers in the Chinese market, showing market penetration. |
8.3 Number of reported cybersecurity incidents or vulnerabilities in electronic power steering systems utilizing microcontrollers, reflecting system security and reliability. |
9 China Microcontroller For Electronic Power Steering Market - Opportunity Assessment |
9.1 China Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 China Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 China Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 China Microcontroller For Electronic Power Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 China Microcontroller For Electronic Power Steering Market - Competitive Landscape |
10.1 China Microcontroller For Electronic Power Steering Market Revenue Share, By Companies, 2024 |
10.2 China Microcontroller For Electronic Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here