The Rapid Rise Of The Automotive PCB Industry
Autonomous driving and new energy vehicles are in the hot market, leading leading automotive PCB manufacturers to fill orders. At the same time, due to the strict audit of the automotive industry chain and higher requirements for stability, automotive electronics have a higher gross margin level compared to consumer electronics, driving automotive PCB manufacturers to profit better.
Autonomous driving and new energy vehicles boost automotive PCB usage
As traditional cars gradually transition to autonomous driving through ADAS and the promotion of new energy vehicles, the penetration rate of automotive electronics continues to increase, and automotive PCB are increasingly used. It is expected that with the maturity and popularization of technology in the future, the IT level of automobiles will increase, and various functions will become more and more abundant and practical, and will continue to penetrate from high-end to low-end.
Millimeter-wave radar drives huge demand for automotive high-frequency PCB
At present, automotive millimeter-wave radars are in high-speed development. It is expected that the average number of millimeter-wave radars used by bicycles will continue to increase in the future, and the demand for automotive radar PCB will also increase rapidly. And the radar high-frequency circuit has higher requirements on PCB board and manufacturing process. Therefore, automotive radar PCB will bring higher value.
New energy vehicle power battery BMS
As one of the BMS hardware foundations, PCB components will benefit from its industry development. At this stage, the PCB area of luxury vehicles and bicycles is about 2-3 square meters. It is conservative to assume that the PCB usage of new energy vehicles is 2 square meters. At 2,000 yuan per square meter, the global new energy vehicle PCB market size will reach RMB 16.4 billion in 2020 .
Automotive PCB are getting started at Kanco, leading manufacturers have huge first-mover advantage
Due to the special working environment, safety and high current requirements of automobiles, the requirements for PCB reliability and environmental adaptability are very strict. According to Huang Weijin, chairman of Jingpeng Industry, zero defect rate is a basic requirement for suppliers from international manufacturers, and it also determines whether they can enter the automotive PCB field. Due to the high entry barriers for automotive PCB, automakers generally do not randomly replace certified suppliers. Therefore, once a manufacturer can successfully enter the supply chain of a major international manufacturer, it will not only bring long-term stable orders to the company, but also bring relative expansion space for the company's operations due to the high industrial characteristics of the company. Therefore, the leading advantages of leading enterprises are very obvious.