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National Development Commission: automotive Electronics, the New Blue Ocean of China's Electronics Industry

Published: 2024-11-24 Author: mysheen
Last Updated: 2024/11/24, Recent major exhibitions at home and abroad, such as this year's CES International Consumer Electronics Show and the 2016 Taipei International Automotive Electronics Show, all show that under the trend of intelligent networking, the automotive electronics market will flourish in the future.

National Development Commission: automotive Electronics, the New Blue Ocean of China's Electronics Industry

Recent major exhibitions at home and abroad, such as this year's CES International Consumer Electronics Show and the 2016 Taipei International Automotive Electronics Show, show that under the trend of intelligent networking, the automotive electronics market will flourish in the future, and Taiwan operators have competitive advantages in technology and customization. If we seize the opportunity, we will be able to create a new wave of growth momentum. In view of this, the Executive Yuan has listed smart cars, smart vehicle systems, and vehicle networking as important projects to enhance the competitive advantage of the automotive industry in the "measures for strengthening the Economic Constitution." to assist China's automobile and electronics and other related industries to grasp this digital economic and business opportunity.

According to the IEK data of ITRI, the degree of automobile intelligence will be greatly improved in the future. In 2010, automotive electronic systems accounted for 35% of the total cost, and it is estimated that the proportion will climb to 50% by 2030. In addition, Strategy Analytics, an international market research firm, also estimates that the global automotive electronics market will grow from US $220 billion in 2014 to US $300 billion in 2019, with a compound annual growth rate of 6.4%, which will be larger than that of communications, consumer electronics and other products, indicating that automotive electronics has great market potential.

As Google and Apple have successively invested in the development of self-driving vehicles, they have aroused global attention to the issues of smart vehicle-borne communication systems such as self-driving and in-vehicle infotainment. In recent years, the related technologies of the Internet of things have gradually matured and created various applications, and cars closely related to life have been redefined as Internet-connected mobile devices from the original means of transport. It extends the related application services such as transportation management, energy saving and emission reduction, logistics and transportation, intelligent charging and so on.

According to the IEK data of ITRI, the market size of networked vehicles and services is expected to exceed 30 billion US dollars in 2018. The advent of the era of vehicle networking has led to the rapid development of the automotive electronics market. The "2016 Taipei International Automotive Electronics Show" has attracted buyers from the United States, Germany and other large companies to come to Taiwan to watch the exhibition, which shows that Taiwan operators have a competitive advantage in customization and internationalization in the automotive electronics field. in the future, combined with the advantages of Taiwan's ICT industry, they will be able to grasp the 4C (Car) market after the 3C industry.

The Executive Yuan promoted the "economic strengthening measures" in July 104. in addition, in the face of the development trend of global vehicle networking, the Ministry of Communications is now promoting the "vehicle and Road Integration Plan" from 104 to 107, combining communications and on-board equipment to form a transportation networking environment, so as to improve the operational efficiency and transport safety of the transport system. The Ministry of Economic Affairs has also cooperated with the Industrial Research Institute to assist Taiwan's passenger operators to build an online vehicle business system, "Y5 Bus" APP. Develop innovative application services and establish a new model of mobile commerce. Through the joint efforts of the private sector and the government, we hope to expand the blue ocean market of automotive electronics, so as to enhance the competitiveness of related industries and accelerate upgrading and transformation.

▲ National Development Council

 
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