Global “China Automotive Microcontroller Market” 2021 Research report produces information with reference to market size, share, trends, growth, cost structure, capacity, revenue, and forecast 2026. This report also contains the general and comprehensive study of the China Automotive Microcontroller market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the China Automotive Microcontroller industry and provides data for building strategies to expand the market growth and effectiveness.
The Chinese automotive microcontroller market is expected to register a CAGR of 7% during the forecast period 2021-2026.
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Top Leading Companies of Global China Automotive Microcontroller Market are NXP Semiconductors NV, Microchip Technology Inc., Renesas Electronics Corporation, STMicroelectronics, Sunplus Innovation Technology Inc., Toshiba Corporation, Holtek Semiconductor Inc., Puolop China, Bojuxing Industrial, Shanghai Neusoft Carrier Microelectronics Co. and others.
The competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
Key Market Trends
ADAS to Witness a Significant Growth in the Safety and Security Segment
With increasing modernization of vehicles, the demand for microcontrollers is gaining an upsurge, particularly in applications, such as airbags and advanced driver assistance systems (ADAS) solutions. ADAS systems use electronic technology, such as microcontroller units (MCU), electronic control units (ECU), and power semiconductor devices that help the vehicle driver while driving or during parking.
When designed with a secure human-machine interface, they are intended to increase car safety and, more generally, road safety. For safety and security, 16-bit microcontrollers are mostly being used to control the vehicle.
Furthermore, China NCAP (C-NCAP) aims to follow the lead of Euro NCAP for its assessment protocol. The organization is currently studying the feasibility of including active safety technologies as a part of their future rating. The possibility of increased vehicle safety requirements in China is already pushing OEMs to offer more advanced ADAS. Furthermore, the China-new Car Assessment Program (C-NCAP) has added the automatic emergency braking (AEB) test with a rating score of 11%. This requirement is probably to accelerate ADAS product demand and penetration in China during the long term.
Furthermore, STMicroelectronics announced to be named partner on an ADAS platform, to address the medium to the low-end automotive market in China, where the ADAS will be consisting of various microcontrollers that adhere to the market growth.
Also, in April 2019, a part of the strategic collaboration, NXP invested an undisclosed sum in Hawkeye Technology (China), which will build radar sensor modules using front-end transceivers and microcontroller chips from NXP. NXP announced that the move to the more advanced systems is largely responsible for the huge growth rate in automotive radar. Whereas today’s production vehicles are typically using between one and three radar sensors for Level 1 and Level 2 ADAS, whereas future vehicles may employ as many as 6-10 radar chips on Level 4 and Level 5 vehicles
Also, Singulato, an emerging Chinese automaker, indicates that conventional automotive design is highly different, and when it comes to intelligent driving capabilities, separate data cannot be combined for multi-scenario applications. The company has a set of sensors of its own, and another automated parking company also uses different sensors from others. Singulato further adopts integrated design at the beginning, using the same sensors to implement more than a dozen of ADAS functions. Furthermore, such design makes subsequent OTA (over-the-air) update easier. With advent adoption of integration by the company in the ADAS platform, the demand for microcontrollers is expected to increase.
Also, players, such as Cogobuy strategically invested in Locoway in August 2019. Locoway is specialized in research and development for automatic safe driving smart terminals, including ADAS and driver monitoring systems (DMS), as well as providing hardware, software, and services for smart cars. Services by Locoway include testing and installation of ADAS and DMS for several bus companies in China. This further enhances the market demand for 16-bit microcontrollers.
Chassis to Hold a Significant Market Share
With an increasing export value of chassis fitted with the engine on a yearly basis in China, the demand for microcontroller is expected to increase. The integration of multiple functions onto a single device emerged as a new technology trend. In the past, there were separate ECUs for separate functions. Currently, integrating them is a bigger step forward for automakers and tier 1 suppliers in China.
In February 2019, Renesas’ RH850/U2A incorporated up to four 400-MHz CPU cores, along with up to 16 megabytes of flash ROM and 3.6 MB of SRAM. It largely depends on the strength of computing power.
In developing the new MCU (microcontroller), Renesas took elements from its existing P-line family of MCUs and then combined with elements from its existing F-line family of devices. The P-line had typically been employed in chassis.
Furthermore, to support the ASIL D level required for chassis/safety applications, the hardware-based virtualization assist technology allows customers to implement multiple software with different functional safety levels on the RH850/U2A MCU and run concurrently without interference while maintaining the real-time performance required to control the vehicles.
Also, in September 2019, to help the automotive industry meet the upcoming emissions regulations for single- and twin-cylinder gasoline engines, STMicroelectronics, with Arrow Electronics, released a complete reference design ECU (Electronic Control Unit) for electronic fuel injection (EFI). The SPC5-L9177A-K02 ECU reference design targets small engines for motorcycles, scooters, and three-wheelers, which must satisfy the upcoming China IV.
The reference design key components are STs SPC572L Line 32-bit Power Architecture automotive-powertrain microcontroller and L9177A high-integration IC hosting power supplies, interfaces, and load actuators, which are specifically designed for the application and market needs and to manage up to four-cylinder gasoline and diesel engines in addition to chassis, transmission, steering, and braking systems.
However, due to the COVID-19 pandemic, several Chinese vehicle assembly plants extended their seasonal shutdowns, and the automotive component supply chain is disrupted with some industrial areas in lockdown. However, with a low rate of the pandemic in China, currently, a few automotive plants reported resumption of production since March, while some are remain shuttered. Major affected carmakers in the region include Dongfeng, GM, and PSA. This hampers the export for automotive chassis integrated with the engine by which there will be significantly low growth registered by the microcontroller market, mostly for 16- and 32-bit microcontrollers.
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Important Features that are under offering and key highlights of the report:
– Detailed overview of the China Automotive Microcontroller market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the China Automotive Microcontroller market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards China Automotive Microcontroller market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the China Automotive Microcontroller Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. China Automotive Microcontroller industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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