May 09, 2024

China's auto semiconductor market rebounds at the end of the year and revenue will reach $ 4.1 billion this year

This year's operating revenue of the Chinese automotive semiconductor market is expected to reach $ 4.1 billion, higher than the $ 3.8 billion in 2011. Next year, China's overall automotive semiconductor operating income will increase by 12% to US $ 4.6 billion. From 2011 to 2016, the compound annual growth rate of China's automotive semiconductor market will reach 11%, as shown in the figure.

Chart: Forecast of operating income of China's automotive semiconductor market (in millions of US dollars)

This growth is encouraging. Chinese consumers are asking automakers to provide a variety of applications, including driving safety, interconnection and infotainment, which has contributed to the growth in operating income of semiconductors such as microcontrollers, digital signal processors (DSPs) and analog integrated circuits. In addition, the government has issued a series of policies to limit car pollution and fuel consumption, and the outlook for the Chinese car market is very optimistic.

This year, automotive infotainment is expected to be the largest automotive semiconductor market, followed by safety and power systems. IHS expects that the fastest growing market in the next five years will be safety control, with a compound annual growth rate of 12% and the automotive security market expected to be 11%.

From the semiconductor category, the growth will mainly come from analog ICs, including analog special standard products (ASSP), application specific integrated circuits (ASIC) and general analog ICs. These are important devices in signal control, conversion and interface. Analog ICs are also widely used in infotainment, automotive safety, body control and automotive networks. This year, analog ICs will achieve a 33% market share, with operating income of US $ 1.4 billion.

However, logic IC will be the fastest growing market in the next five years, with a compound annual growth rate of 17%.

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