The news of the car's electronic relay smartphone is like a wave, and it is unstoppable. Smart driving has become the mainstream of the automobile era, the market of trillion electronic components is about to open, and traditional automotive electronics is ushering in a new round of development.
First, open a trillion new market
Automotive electronics has opened a new market for trillions of dollars, giving it the “overweight†rating for the first time. Driverlessness is the ultimate goal pursued by car development, and automotive electronics is the foundation of everything. The current proportion of automotive electronics continues to increase, and the rapid development of the electric vehicle industry is further driving the growth of automotive electronics demand. We estimate that the scale of China's auto electronics market will exceed 500 billion yuan in 2017, and the market scale of trillions will be reached in 2020. Auto electronics will become the next trillion market for the next electronic components of smart phones, and the first coverage will give “overweightâ€. Rating.
Second, ushered in a good situation
Cars follow the intelligent evolution path of mobile phones, ushered in a good situation in both volume and price. The development of automobiles follows the evolutionary path of mobile phones, and progresses from single function to partial intelligence to comprehensive intelligence, and the electronic content of automobiles continues to increase. In 2017, global auto sales will exceed 93.5 million units, and China's auto sales will reach nearly 30 million units. The auto electronics market is welcoming a good situation in both volume and price.
The intelligent cockpit leads the deep change of human-car interaction, and ADAS opens the curtain of intelligent car. The smart cockpit has greatly improved the interactive experience of people and vehicles. The industrial chain is highly similar to consumer electronics, and consumer electronics companies have begun to cut into. The number of displays will range from 1 to 6, and the market size will grow from 10.32 billion yuan in 2016 to 26.24 billion yuan in 2019, CAGR 36.5%, and the streaming media rearview mirror will bring the market opportunity of the main control chip. The ADAS system is the core of the era of automotive intelligence. The market is accelerating infiltration under the impetus and policy. It is estimated that the scale of China's ADAS market will be 27.5 billion yuan, 37.2 billion yuan and 54.2 billion yuan in 2017-2019, with a growth rate of 34.8%. 35.3%, 45.7%. ADAS consists of the sensing layer, the judgment layer, the execution layer, and the interconnection layer. The domestic enterprise opportunities are mainly integrated in the camera and judgment layer of the sensing layer.
Third, the industry chain continues to benefit
The electric car continued to prosper and the industry chain clearly benefited. Driven by the policy, the sales of electric vehicles are experiencing explosive growth. The change of driving energy has led to the proportion of electric vehicles and automobiles reaching 50%, and the battery and electronic control links are new markets. The electric vehicle industry chain is flatter than the traditional automobile industry chain, and electronic companies have made significant breakthroughs. The key beneficiaries are power batteries, passive components, and power semiconductors.
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