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The output value of automotive electronics will increase by 7% year-on-year this year, exceeding US $200billion

 

This year, the global automotive electronics industry broke out, with an annual increase of 7% in output value, reaching US $205billion, and will maintain an average growth rate of 8.5% until 2020.

 

According to the news from China software information network on January 21, according to the estimation of tuoyi Industry Research Institute, with the maturity of 4g/lte and cloud technologies, the global automotive electronics industry broke out this year, with an annual increase of 7% to $205billion, and will maintain an average growth rate of 8.5% until 2020.

 

Tuoyi industry research said that in the past, due to uncertain network technology standards, immature mobile network technology, lack of on-board system application software and other factors, vehicle networking services were mostly developed by vehicle manufacturers and provided on-board information communication services. In the future, with the popularization of mobile devices, the significant improvement of network bandwidth, the introduction of cloud computing technology, the establishment of vehicle systems and mobile app platforms, etc, It is bound to change the ecosystem of automobile service suppliers, and how to successfully improve the user experience and customer satisfaction will be an important topic for the development of automobile manufacturers from this year.

 

In this year's American Consumer Electronics Show (CES), in addition to more car manufacturers releasing driverless concept cars, car and electric manufacturers also joined a new wave of battle, publishing automatic driving technology combined with driver experience data and cloud platform technology, as well as functions such as remote control of vehicles by various terminal devices; The establishment of app store on the on-board platform is even more a must for major automobile manufacturers, including Intel, IBM, Ericsson, Qualcomm, Broadcom, NVIDIA, etc. all actively cooperate with major automobile manufacturers.

 

Tuoyi industry research believes that the popularization of 4g-lte, mobile devices and the participation of software manufacturers have driven the electronic technology of vehicles to make a great leap forward. The popularization of mobile devices has gradually changed driving habits. More and more drivers hope to enjoy a similar operating experience as mobile devices during driving. Large automobile manufacturers have also responded to market expectations in CES, including through cloud technology and data collected by drivers, Make the functions of the on-board system platform more human and intelligent.