Automotive electronics is the combination of electronic information technology and traditional automotive technology. It is the general name for vehicle body electronic control and vehicle-mounted vehicle electronic control.
The degree of automotive electronics is seen as an important indicator of the level of modern automobiles. It is an important technical measure used to develop new models and improve the performance of automobiles. With the promotion of Tesla, the industry is in the process of rapid development. PCB has a wide range of applications in automotive electronics, including power control systems, safety control systems, body electronics systems, and entertainment communications. Therefore, the requirements for PCBs are diversified, and products with large quantities and low prices are highly reliable. The coexistence of sexual needs: In the automotive PCB, the proportions of single and double-sided panels, 4-layer panels, 6-layer panels, and 8-16 layer panels are 26.93%, 25.70%, 17.37%, and 3.49%, respectively, accounting for about 73% of the total; The proportions of HDI, FPC, and IC carrier boards were 9.56%, 14.57%, and 2.38%, respectively, accounting for about 27% of the total. It can be seen that the multilayer board is still the main demand for automotive electronics.
PCB is widely used in automotive electronics
Single-dual-plane and multi-layer boards account for about 73% of total automotive applications in 2016. The average PCB usage for a single vehicle in 2016 is 55 US dollars. By 2020, the average single-board PCB usage will reach 65 US dollars. The compact car has a bicycle PCB usage of 18-30 USD, a mid-range bicycle usage of 40-60 USD, and a luxury vehicle PCB usage of 120-150 USD.
PCB application in automotive electronics
In 2016, the global automobile production reached 947.6766 million, an increase of 4.5% year-on-year, of which the auto production in the Chinese market was 28.1188 million, a year-on-year increase of 14.5%. If considering the current stock market, the average value of bicycle PCBs will increase from US$55 in 2016 to US$65 in 2020, then the global demand for automotive PCBs will increase by approximately US$950 million, which is equivalent to 19.2% of the 2016 automotive PCB market. The industry CAGR for 2016-2020 is approximately 4.51%. 2016-2020 Automotive PCB Industry CAGR is about 4.51%
The single-vehicle PCB value brought by New Energy Vehicle's vehicle control unit (VCU), motor controller (MCU) and battery management system (BMS) increased by more than RMB 2,000, significantly exceeding the improvement brought by smart and lightweight . Therefore, in addition to the automotive electronics upgrade, the rapid penetration of new energy vehicles in the support of national policies will constitute a major growth point for automotive PCBs.
As of the end of November 2017, China's new energy vehicles sold more than 600,000 vehicles in 17 years, an increase of 52.44% year-on-year. In November, the penetration rate of new energy vehicles in the domestic automobile market has exceeded 3.5%. By 2020, the annual sales volume of new energy vehicles in China is expected to reach 2.1 million units and the penetration rate will reach 7%. By 2025 and 2030, the annual sales volume will reach 5.25 million and 15.2 million vehicles, and the penetration rate will reach 15% and 40%. We expect that the new PCB demand brought by domestic new energy vehicles VCU, MCU, and BMS in 2020 will be approximately RMB 2.8 billion, which is approximately US$ 430 million, which is equivalent to 8.72% of the 16-year global automotive PCB market. In 2016, the penetration rate of global new energy vehicles is about 0.86%. Assuming that the penetration rate of new energy vehicles in the world will reach 7% of that in China in 2020, the demand for automotive PCBs for VCUs, MCUs, and BMSs will exceed 2 billion U.S. dollars per year. 16 years of global automotive PCB market, 40.6%.
The value of single-vehicle PCB brought by VCU, MCU, and BMS has increased by more than RMB 2,000. In November, the penetration rate of new energy vehicles in the domestic automobile market has exceeded 3.5%. The essential purpose of transportation is to help people or things move as soon as possible, regardless of whether they are individuals. On the social level, Internet+smart cars are all important means to better achieve the essential purpose of transportation.
For motorists, driving behavior is the cost of realizing transportation purposes. Focusing long-term driving can be described as labor-intensive labor. Similar to the development path of modern industry, we believe that replacing manpower with mechanization and automation is an inevitable direction.
ADAS is the abbreviation of Advanced Driver Assistant System. The core technologies are environment perception, information interconnection and vehicle control. It uses the various sensors installed in the vehicle to collect the inside and outside of the car at the first time. The environmental data is used for the technical processing of static and dynamic object identification, detection, and tracking so that the driver can detect the possible dangers in the fastest time to raise awareness and improve the safety of active safety technologies. Automatic driving can be divided into five levels from Level0 to Level5. Although current level of technology and policy environment, to achieve Level5, that is, full automatic driving is still difficult, but different levels of ADAS applications are infiltrating, will open up a wide range of automotive PCB growing space.