China Microcontroller Market Size & Outlook, 2023-2030
China microcontroller market, 2017-2030 (US$M)
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China microcontroller market highlights
- The China microcontroller market generated a revenue of USD 5,220.0 million in 2023 and is expected to reach USD 10,482.2 million by 2030.
- The China market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, 32-bit was the largest revenue generating product in 2023.
- 32-bit is the most lucrative product segment registering the fastest growth during the forecast period.
Microcontroller market data book summary
| Market revenue in 2023 | USD 5,220.0 million |
| Market revenue in 2030 | USD 10,482.2 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | 32-bit |
| Fastest growing segment | 32-bit |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 8-bit, 16-bit, 32-bit |
| Key market players worldwide | Infineon Technologies AG, Fujitsu Ltd, Microchip Technology Inc, NXP Semiconductors NV, Renesas Electronics Corp, STMicroelectronics NV, TE Connectivity Ltd, Texas Instruments Inc, Toshiba Corporation, Broadcom Inc, Yamaichi Electronics, Zilog |
Other key industry trends
- In terms of revenue, China accounted for 23.0% of the global microcontroller market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China microcontroller market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,125.4 million by 2030.
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Microcontroller Market Scope
Microcontroller Market Companies
| Name | Profile | # Employees | HQ | Website |
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China microcontroller market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microcontroller market will help companies and investors design strategic landscapes.
32-bit was the largest segment with a revenue share of 51.14% in 2023. Horizon Databook has segmented the China microcontroller market based on 8-bit, 16-bit, 32-bit covering the revenue growth of each sub-segment from 2017 to 2030.
China is one of the largest markets for microcontrollers in the world, with a large and rapidly growing electronics industry. The country is a significant producer of electronic products such as smartphones, tablets, and other smart devices. It also has a significant presence in the industrial and automotive industries.
The growing demand for advanced features such as wireless connectivity, touchscreen interfaces, and low power consumption is one of the main trends in the Chinese microcontroller market. The rising demand for smartphones and other smart devices, as well as the growing use of automation and control systems in industrial, is a driving factor in the Chinese microcontroller market.
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Horizon Databook provides a detailed overview of country-level data and insights on the China microcontroller market , including forecasts for subscribers. This country databook contains high-level insights into China microcontroller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China microcontroller market size, by product, 2017-2030 (US$M)
China Microcontroller Market Outlook Share, 2023 & 2030 (US$M)
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