Electronic intelligent controller market analysis: the market size is expected to exceed 3 trillion yuan in 2022

Published Date: Tuesday,10 Jan,2023

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Electronic intelligent controllers are generally designed to achieve certain intelligent functions, with microcontroller chips or digital signal processor chips as the central component, supplemented by peripheral analog and digital electronic circuits, embedded in corresponding computer software programs, and integrated with multiple A core technology, and finally the electronic components formed by processing technology. Electronic smart controllers are widely used in smart home appliances, and have become an important driving factor for the transformation of traditional home appliances into smart home appliances.

In recent years, the scale of my country's electronic intelligent controller market has continued to grow, from 1,621.5 billion yuan in 2017 to 2,374.6 billion yuan in 2020, with an average annual compound growth rate of 13.6%. The main reason is that my country has a broad consumer market for end products, a complete supporting system for the electronics industry, and sufficient labor resources, and the global electronic smart controller industry is gradually shifting to China. It is estimated that the market size of my country's electronic intelligent controllers will exceed 3 trillion yuan in 2022, a year-on-year increase of 17.52%.

The key layout of the electronic intelligent controller industry is in the three major fields of automotive electronics, household appliances, power tools and equipment, of which the automotive electronics market accounts for the largest share, reaching 24%; secondly, the household appliance market accounts for 16%, and the power tool and equipment market Accounting for 13%, smart building and home, health and care and other markets accounted for 11%, 4% and 32% respectively.

At present, the market concentration of my country's smart home appliance remote control industry is low, and there is no national leading enterprise yet. In the future, with the deepening market integration of the smart home appliance remote control industry, market resources will gradually concentrate on high-quality enterprises with technological advantages, manufacturing advantages and comprehensive service capabilities. Chinese enterprises still have a certain room for development.

The State Council put forward the "Made in China 2025" plan, clearly proposing to accelerate the development of intelligent manufacturing equipment and products, coordinate the layout and promote the research and development and industrialization of service robots, smart home appliances, smart lighting appliances, wearable devices and other products. It is expected to drive the upgrading of home appliance manufacturing to intelligence and networking, and bring better strategic opportunities for the transformation, upgrading and development of China's home appliance industry.

A series of supporting policies have been issued by the state and local governments, which have effectively promoted the development and prosperity of the electronic intelligent controller industry. In the future, the relevant policies of the electronic intelligent controller industry will continue to help the development of the electronic intelligent controller industry.
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