According to China's electronic components association recently the latest market report, global automotive electronic market will continue to health growth, in the next five years, the global automobile electronic market average annual growth rate is expected to be 9%. This year is expected to reach market sales of $114.5 billion, by 2013 the size of the market is expected to reach us $173.7 billion.
In the report of the car electronics market forecast think, auto electronic products, what hold market share will fall from 27.8% in 2007 to 21% in 2013, electronic and safety system body of market share is expected to rise. Body electronic system at present market share has more than 15%, is expected to keep 7% of the years compound annual growth rate.
It is reported, last year driving auxiliary system market sales of $13.4 billion and is expected to reach $32.9 billion in 2013, so will be the fastest growth automobile electronic products. This kind of products mainly include electronic control system, turning the main manufacturers, Gardner magna and tenneco.
The market report also shows, and car electronic closely related to the hybrid and alternative fuel technologies, is between 2008 and 2013 sales income will not be too high market segment. Note the, this segment market growth space is very large. With car manufacturers to reduce constantly petrol engine and rely on new energy technology advances, hybrid and other alternative energy vehicles sales will continue to increase. Because of a hybrid car to the electronic control depends on the vehicle, with higher than traditional hybrid technology continuous improvement and manufacturing costs continue to reduce, the electronic market possible future development has developed rapidly.
