Growing Trend for Automotive Electronics Products
Two important development directions about the automotive industry are intelligent and electric. As the transition to complete full intelligent driving, ADAS (Advanced Driver Assistance System) has become a new strategic highland among major depots and cross-border Internet giants, which involves almost all the electronic equipment related to driving and vehicle safety system. With the rapid penetration of ADAS, the level of automotive electronics will be fully improved.
The new energy car represents the direction of the vehicle motorization. The cost about electronic devices in the traditional limousine accounts about 25% of the total cost, compared to the traditional car, this ratio is about 45% -65% for new energy vehicles. Unique power control systems, like BMS, VCU and MCU, make the area of PCB boards larger than the traditional car’s. Average PCB consumption used by three power control system is about 3 to 5 square meters, while total PCB consumption on the vehicle is about 5-8 square meters.
ADAS and new energy vehicles are growing rapidly, under the two-wheel drive, the automotive electronics market in recent years has maintained an annual growth rate of more than 15%, accordingly driving the PCB market upwards continually. According to Prismark forecast, output value of PCB boards used in vehicle industry will be more than $4 billion in 2018.