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Car Semiconductor Revenue 2022
??Deloitte's report "Semiconductor: Future Wave" explains the opportunities and winning strategies of semiconductor manufacturers in the next decade. According to the report, the global semiconductor industry is expected to continue to grow steadily due to the development of new technologies such as unmanned driving, artificial intelligence, 5G and the Internet of Things.
??"East Asia has become a hot spot for semiconductor industry development," said Zhou Jinchang, managing partner of Deloitte China's technology, media and telecommunications industries. China controls almost half of the market value and is striving to build a fully self-sufficient semiconductor industry in an effort to become a global industry engine. At the same time, Japan and South Korea are trying to promote the growth of their semiconductor industry through financial expenditure, multilateral cooperation and enterprise acquisition.
??The report points out that in the field of automotive semiconductors, the popularity of safety-related electronic systems will grow explosively. Nowadays, most of the innovation in the automotive industry occurs in the electronic system rather than the mechanical level. From 2007 to 2017, the proportion of automotive electronic cost increased from about 20% to about 40%. Semiconductor costs (that is, the cost of electronic system components) have increased from $312 per car in 2013 to about $400 today. Semiconductor costs are expected to reach nearly $600 per vehicle by 2022.
??Semiconductor suppliers play a vital role in the supply chain of the automotive industry. In the traditional automotive industry ecosystem, semiconductor suppliers sell their products to first-class electronic system suppliers, which integrate technology into modules and deliver them to the whole vehicle factory for assembly. In recent years, the automobile industry has undergone tremendous changes. The development of technologies such as artificial intelligence, electric vehicles, driverless vehicles, energy storage and network security, the public's social awareness of security and shared travel, environmental concerns such as pollution, economic considerations such as infrastructure spending and the growth of the Asian market will reshape the automotive industry.
??Car semiconductor revenue is expected to reach a record high of 40 billion US dollars in 2018 and exceed 60 billion US dollars in 2022. Driven by government policy support and consumer safety needs, especially in China, the Asia-Pacific region will lead the world at a 41% growth rate. In 2017, China's automobile sales reached nearly 29 million vehicles, making it the world's largest automobile market. In addition, China will become a global automobile manufacturing center, attracting automobile manufacturers from all over the world, and light vehicle production will account for nearly 29% worldwide. These trends have made the Asia-Pacific region very popular with semiconductor manufacturers.
??Chen Song, the leading partner of Deloitte Semiconductor Industry in China, said: "More than half of the revenue of many semiconductor manufacturers comes from China. New entrants to the Chinese market must first have a clear understanding of their own environment, and then formulate the best market entry strategy. Generally speaking, in order to achieve vigorous development, semiconductor enterprises need to be more agile than ever before, and those investing in digital infrastructure will have a significant advantage.
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