Albany, NY (PRWEB) December 06, 2014
The Global and China automotive electronics market is a cross-sectional industry of both the electrical and electronic and automotive industries. The constantly increasing automotive industry and continuously growing technological developments have altered the growth experience completely in the global market. The automotive electronics industry comes into existence after the electronic information technology gets implemented to the automobile vehicles.
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Based on in-depth market analysis, the Global and China automotive electronics market can be segmented based on two main parameters: products and technologies. However, from the perspective of application in the automotive electronics industry, the market is further divided into chassis system, body system, engine/transmission system, safety system, communication system, and more. The automobile industry also introduces different electronic devices that are used in modern-day vehicles such as control devices, video devices, GPS systems, entertainment systems, among others.
Among the varied product types, the entertainment systems market is the most lucrative with multiple sub-segments including satellite radio, TV-DVD players, radio/audio devices, dashboard player, and so on. It also studies the various market trends, supply relationship status of the overall industry and other competition patterns in the Global and China automotive electronics market, as well as analyzes and summarizes the financial data, operation and other development strategies of key Chinese and foreign companies in the world.
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In the recent years, growth in the automotive-electronic market of China has increased rapidly. Furthermore, the transformation from mechanical to electronic systems on modern vehicles and rising consumer demand for safer and more secured vehicles have been incurring rapid development into the automotive-electronic industry in China, as well as in many other parts of the world.
As compared to an increase of 32.8% over 2012, the overall TPMS OEM market size was estimated to be US$2.47 million sets in 2013. However, with approval of TPMS standards and relevant installation policies in the pipeline around 2015, the TPMS market will present a CAGR of 27.8% during the forecast period 2014-2017. The OEM market size is expected to reach US$6.61 million sets by 2017.
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Similarly, the advanced driver assistance systems (ADAS) in China has been the fastest growing automotive technology segment over the recent years. China’s ADAS market share was US$600 million in 2013; however, with an estimated CAGR of 29% during 2013-2017, the market is expected to amount to US$2.7 billion in 2019.
Moreover, the gasoline electronic injection system is extremely popular amongst the two automotive EFI systems: gasoline and diesel electronic injection system. However, the diesel electronic injection technology market is controlled by a few leading market players such as Bosch, Delphi, and Denso.
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Global And China Automated Optical Inspection(AOI) Industry Report,2014-2018
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Optical inspection is a method of inspection on defects in targets under test by comparing images of targets under test obtained through optical imaging (after processed and analyzed with specific processing algorithm) with images of standard templates. Broadly speaking, automated optical inspection (AOI), automated X-ray inspection (AXI) and automated visual inspection (AVI) all fall into the category of AOI. The main optical inspection products available in the market now are AOI ones, and few are AXI ones. Fewer companies engage in the manufacturing of AVI products.
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Currently, AOI is chiefly applied to PCB and TFT-LCD industries. However, for China, the penetration of AOI in the two industries is still rather low, with only 20%-30% of production lines in PCB industry equipped with AOI. Some companies have developed AOI products applied to semiconductor, touch panel, LED and solar cell industries. Market demands for AOI in the future will come mainly from the following three aspects: new projects in PCB and TFL-LCD industries; production lines that have not been equipped with AOI in PCB ad TFT-LCD industries, and other industries.
China Automobile Bearing Industry Report, 2014-2017
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A bearing, with a long-standing reputation as “the joint of auto industry”, has an important influence on the vehicle performance. In recent years, the growing sales volume of vehicles in China has driven a sustained sharp rise in the market demand for automobile bearings.
In terms of market competition, China’s automobile bearing industry has the following two characteristics:
A. Large international enterprises are entering China.
As of 2014, eight foreign bearing companies – SKF, Schaeffler, Timken, NSK, NTN, JTEKT, NACHI, and Minebea had established roughly 30 production plants in China. Foreign branded bearings have recorded a year-by-year increase in the share of the Chinese PV bearing market, especially in bearing products that yield high value-added, including engines, transmissions, and wheel hubs.
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B. Domestic bearing enterprises are accelerating the layout of auto industry.
Currently, there are some 30 local automobile bearing manufacturers in China, 65% of which are targeted mainly at aftermarket, 21% supply products to commercial vehicle manufacturers and only 14% offer bearing products to passenger vehicle market. Of all the Chinese enterprises, Wangfangdian Bearing Group, Luoyang LYC Bearing, Harbin Bearing, Wanxiang Qianchao, Xiangyang Bearing, and Hailin Bearing have developed at a faster pace in recent years, with Wangfangdian Bearing, Luoyang LYC Bearing and Harbin Bearing accounting for a larger share of the mid- and high-end market.
Global And China Automotive Electronic Industry Chain Report, 2013-2017
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In May 2014, 73 Chinese local passenger car brands set TPMS as standard configuration for 312 models and 1,567 styles. China’s automotive TPMS OEM market size was estimated to reach 2.47 million sets in 2013, representing an increase of 32.8% over 2012. In recent years, Chinese TPMS market has been growing quickly owing to the small market size, a low comparison base and the optimistic attitudes of many TPMS vendors toward the popularity of TPMS in China.
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Although China’s TPMS standards have been approved, mandatory installation policies have not been issued yet. We forecast that China will introduce relevant policies around 2015, and the market will see rapid development then. It is conservatively estimated that Chinese TPMS market will present a CAGR of 27.8% during 2014-2017, the OEM market size will reach 6.61 million sets by 2017, and the aftermarket size will swell swiftly as well.
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