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Sales Of China's Auto Electronics In 2011 Will Grow By Nearl

According to research reports from IHSiSuppli, sales of China's auto electronics market in 2011 will reach $ 19.2 billion, compared with $ 17.5 billion last year, it is up by 9.7%.Nearly double-digit sales growth shows that China's auto electronics market is full of vitality. In the Chinese market, electronic systems account for 40% of total costs in regular cars currently. In addition,more and more cars in China begin to use more complex electronic systems.Overall, sales in China's automotive electronics market in 2015 is expected to reach $ 29.9 billion.
It should be noticed, under the impetus from the east,Nissan,Guangzhou Automobile,Honda and Beijing Automotive,Mercedes-Benz and other joint ventures, China's key manufacturing and design of automotive components speed up the localization process. China's current share of global automotive electronics market is 20.6%, the trend will definitely push up the proportion to higher level in the near future, but also enhance key position of China in the global automotive industry chain.Because of growing demand of electronic systems and equipment for mid-range and luxury cars,China's semiconductor consumption  in auto market will reach $ 3.8 billion this year, compared with $ 3.3 billion in 2010, an increase of 15.2%. Infotainment Semiconductor in 2011 will be the largest chip area of China's automotive electronics market,with estimated sales at $ 1.2 billion,then followed by the semiconductor power system, $ 979 million,infotainment semiconductor navigation system, $ 718 million.As to electronic applications in the next five years, the most promising areas include automotive semiconductor passive and active safety systems, and power saving mechanisms.Regarding about China's automotive electronics market,it is generally believed micro-components in the medium term have the greatest potential for integrated circuits.As in the next two to three years, automobile navigation systems will become more widely used in China, memory IC production is expected to grow.

    
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