The surge in new energy vehicle production and sales is catalyzing advancements in automotive electronics, propelling the industry into a prolonged boom.
This transformative phase unlocks comprehensive opportunities across the entire industry chain.
The tandem growth of automotive intelligence and electrification is a key driver in expanding the automotive electronics market.
Reflecting on automotive development history, automotive electronics has evolved into a cornerstone for automotive control systems. Electrification stands as the symbolic harbinger of revolution within the automotive industry.
As technologies such as new energy vehicles, uncrewed vehicles, and in-vehicle information systems mature, the future of the automotive industry is set on a trajectory toward intelligent, networked, and deeply electrified development.
Currently, automotive electronics is amidst a new cycle of technological innovation. Anticipated increases in the penetration rate and individual car value herald a market space exceeding one trillion. Serving as the engine of the global automotive industry, the automotive market is experiencing rapid growth in ownership.
Revolutionary innovations and massive high-value demands, encompassing dimensions like network/electronic informationization, new energy, and new materials, are reshaping the industry. Intelligent driving is gaining momentum, with internet companies making "subversive" entries.
Internet manufacturers, leveraging artificial intelligence and high-precision maps, are shifting from providing "soft" solutions to "car" in a groundbreaking "Subversion." Driverless and Telematics technology development propels an overall industry upgrade driven by substantial investments in research and development, endogenous acceleration, and industry mergers and acquisitions.
The evolution towards high-order autonomous driving amplifies sensor demand, with millimeter-wave radar and the number of cameras steeply rising. Lidar is gradually becoming more prominent, leading to upgrades in industry concentration.
Although industry thresholds remain high, the validation cycle is long, and vendors are gradually breaking through industry segmentation to construct a more stable competitive landscape.
Automotive chips, categorized into function chips, power semiconductors, and sensors, play a pivotal role.
Vehicle control systems, encompassing body electronic systems, vehicle motion systems, powertrain systems, infotainment systems, and automatic driving systems, rely on numerous sub-functional items. Each sub-functional item is governed by a controller equipped with a function chip.
Driven by the trends of automotive electrification, intellectualization, and internet connectivity, automotive chips are assuming increasing importance. Fueled by robust downstream market growth, numerous enterprises are strategically positioning themselves within the automotive chip market, propelling faster development.
The escalating market demand for automotive chips continues to motivate enterprises to establish their presence in this pivotal sector progressively.
The evolving landscape of automotive electronics signifies a paradigm shift, with technological innovations driving increased penetration and elevated single-car values. As the industry embraces electrification, intelligent features, and internet connectivity, the demand for automotive chips intensifies.
The surge in new energy vehicle production acts as a catalyst, propelling the automotive electronics market into an era of unprecedented growth. Beyond traditional players, internet companies are making bold forays, wielding artificial intelligence and high-precision maps to revolutionize the unmanned driving landscape.
The high-order autonomous driving trend is reshaping the industry, fostering a surge in sensor demand and technological upgrades. Millimeter-wave radar, expanding camera usage, Lidar integration, and advancements in essential components like CMOS image sensors and flexible circuit boards contribute to a concentrated and competitive industry landscape.
