2008 China automotive electronics industry analysis

From 2001 to 2006 global automotive market continues to grow, it is expected that the 2007 global automotive electronics market will reach $ 1410. And global automotive electronics market fast and stable growth, China automotive electronics market is well underway.
From 2001 to 2006, the China automotive electronics market with an average annual growth rate of 40%, in 2006 China auto electronics market as 867.6 billion. It is expected that the 2007 China auto electronics market will reach 1095.6 billion RMB, market growth is expected for 26.3% 2007 to 2011 CAGR of more than 20%, 2011 annual sales will reach $ 2400.
China's automotive electronics industry is currently in its infancy, the nation's automotive electronics business about 1000, the majority of enterprise scale is small, weak, lacking in technological accumulation, lack of core technology, the technical standards are relatively backward, lack of competitiveness of the product. Products more concentrated in the on-board electronic equipment such as car audio, car navigation instrument, communications equipment, and parts of semiconductor circuits and devices, sensors, motors, etc. And foreign automobile electronic Giants are into China and comprehensive layout, almost monopolized the core technology areas, all of China's automotive electronics industry presents significant challenges.
China auto electronics market, mainly by global main automotive electronics manufacturers control, many manufacturers divided over the market, competitive, international automobile electronic component parts manufacturers have Bosch, Delphi, Visteon, Germany continent, Hyundai MOBIS, Denso, Siemens VDO, Valeo, domestic enterprises only Shenzhen shipping containers entering the top ten. At present the top 10 firms dominate in China auto electronics 70.5% market share, China's domestic automobile e-business and it is very difficult to enter foreign investment and joint venture automobile enterprises supporting system. Build the brand of car electronics supply chain system, has become China's automotive electronics industry development imperative.