2008 China Automotive Electronics Industry Status and Prospects
A time when autumn, “2008 China Automotive Electronics Industry Development Forum” on October 16th was solemnly held in Hefei. As China’s automotive electronics industry, the industry’s influential forum for the successful convening of the forum for government, manufacturers, research institutions, communication and co-operation between the study provides a rare platform.
CCID Consulting at this forum for the status quo of China’s automotive electronics industry and future development hot spots and trends, publish statistical data and made the optimistic forecast. Guests have the next few years were also the development prospects of the industry expressed optimism, hoping to by deepening the cooperation between various sectors of industry, to jointly cope with fluctuations in economic conditions and industry by the overall cost increases caused by challenge.
Industry in the period of rapid growth
According to data released by CCID Consulting, in 2007 China’s automobile electronics market continues unabated, the scale reached 121.57 billion yuan, an increase of more than 40%. The size of China’s auto electronics market growth of more than 30% for five consecutive years, the current industry in a period of rapid growth has made leaps and bounds, has begun to take shape.
China’s auto electronics market can be maintained by successive years of rapid growth, and the automotive electronics industry’s rapid development are inseparable, integrated view of the following reasons:
First of all, the prosperity of China’s auto industry directly led to the rapid rise of automotive electronics industry. China’s auto industry, the rapid development in recent years, annual output of 2007 to nearly 8.8824 million, second only to Japan and the United States as the world’s third largest auto producer. The rapid growth of downstream applications market for automotive electronics industry has played a huge role in promoting.
Second, the market demand for the rapid release of promoting the growth of the automotive electronics market. Chinese automotive products of electronic equipment at the international level with a rate has been under the past few years as consumers automotive safety, comfort and entertainment of the increasing demand, causing vehicle equipped with electronic devices at the moment boom. Self-diagnostic system, Electronic Stability Program (ESP), navigation devices (GPS), tire pressure monitoring (TPMS) and so a large number of electronic control equipment to become standard high-end vehicles, and gradually penetrate the low-end vehicles. With the progressive upgrading of the technology content of vehicle, bicycles are equipped with electronic products continue to increase, the cost of automotive electronics in the car share has been greatly improved.
Thirdly, technological advances in China’s auto electronics industry’s rapid development has laid a solid foundation. With the prosperity of China’s electronic information industry has developed semiconductor, software, computer and other industries to create a large number of engineers and technology developers for the development of automotive electronics industry, a favorable technical support. After years of “863 Program” electric vehicles, the implementation of major projects and automotive electronic control system, scientific research and development activities, the rise of boom, a group of vehicle manufacturers and research institutes have the automotive electronics equipment and electronic control unit of the independent R & D capabilities. In addition, through technology transfer and technical cooperation, etc., China’s domestic electronics industry to the international advanced technology and solutions to introduce, digest and re-innovation, coupled with upstream suppliers, such as semiconductor suppliers to actively promote China’s auto electronics industry, the technical level has been increase rapidly.
Fourth, as the global automobile and parts manufacturing shift to China, many the world’s leading automotive electronics manufacturers have the layout of China, such as Bosch (Bosch), Continental (Continental AG), Delphi (Delphi) and other international giants have been Chinese has a large number of production bases, but also continuously expanding the scale of production according to market demand and increasing product range. At the same time the local automotive electronics enterprises have relied on cost advantages and flexible marketing strategies to grow up quickly in the information entertainment systems, audio systems and other products made rapid progress and in line with local car manufacturers to develop body electronics, powertrain high value-added products. Domestic and international automotive electronics manufacturers to jointly promote the rapid development of China’s automotive electronics industry’s prosperity.
Thirdly, technological advances in China’s auto electronics industry’s rapid development has laid a solid foundation. With the prosperity of China’s electronic information industry has developed semiconductor, software, computer and other industries to create a large number of engineers and technology developers for the development of automotive electronics industry, a favorable technical support. After years of “863 Program” electric vehicles, the implementation of major projects and automotive electronic control system, scientific research and development activities, the rise of boom, a group of vehicle manufacturers and research institutes have the automotive electronics equipment and electronic control unit of the independent R & D capabilities. In addition, through technology transfer and technical cooperation, etc., China’s domestic electronics industry to the international advanced technology and solutions to introduce, digest and re-innovation, coupled with upstream suppliers, such as semiconductor suppliers to actively promote China’s auto electronics industry, the technical level has been increase rapidly.
Fourth, as the global automobile and parts manufacturing shift to China, many the world’s leading automotive electronics manufacturers have the layout of China, such as Bosch (Bosch), Continental (Continental AG), Delphi (Delphi) and other international giants have been Chinese has a large number of production bases, but also continuously expanding the scale of production according to market demand and increasing product range. At the same time the local automotive electronics enterprises have relied on cost advantages and flexible marketing strategies to grow up quickly in the information entertainment systems, audio systems and other products made rapid progress and in line with local car manufacturers to develop body electronics, powertrain high value-added products. Domestic and international automotive electronics manufacturers to jointly promote the rapid development of China’s automotive electronics industry’s prosperity.
CCID Consulting is expected that by 2012, China’s automotive electronics market will be more than 320 billion yuan. However, due to the gradual stabilization of automobile production, automotive electronics market size of the base is increasing, and automotive electronics market size of the growth rate will gradually slow down.
The next few years, due to consumer vehicle safety and comfort of the demand is still strong, as well as Toyota and GM and other auto manufacturers to promote the next two years, Telematics products and services, driven by infotainment system will continue to maintain a rapid growth momentum; due to a higher penetration rate, power control, electronic control systems has grown more moderate, but the policy of energy conservation and emissions reductions under the impetus of hybrid vehicles and electric vehicles will gradually enter the product introduction phase, the corresponding vehicle electrical power system will surge to .
The next few years, vehicle manufacturers, automotive electronics manufacturers and semiconductor manufacturers will further in-depth, while the same area of competition between the manufacturers will be more intense. Foreign automotive electronics manufacturers in the continually accelerating into China, to seize the Chinese market. Although China’s domestic manufacturers started late, but the “soup to Qishi Li, King Wen Barry,” local companies through their own industry, identify the location, select the appropriate development strategy, will lead to big development. China’s auto electronics industry outlook remains very good, China will become the world’s automotive electronics producer.
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