Domestic automotive PCB market size, distribution and competitive landscape
1. From the perspective of the domestic market, the market size of automotive PCBs is 10 billion yuan, and the application areas are mainly single and dual boards with a small number of HDI boards for radar.
2. At this stage, mainstream automotive PCB suppliers include Continental, Yanfeng, Visteon and other famous domestic and foreign manufacturers. Each company has a focus. For example, Continental prefers multi-layer board design, which is mostly used in products with complex designs such as radar.
3. Ninety percent of automotive PCBs are outsourced to Tier1 suppliers, but Tesla is independent in product design. It does not outsource to suppliers and will directly use EMS manufacturers’ products, such as Taiwan’s LiDAR.
Application of PCB in new energy vehicles
Vehicle-mounted PCBs are widely used in new energy vehicles, including radar, automatic driving, power engine control, lighting, navigation, electric seats, and so on. In addition to the body control of traditional cars, the biggest feature of new energy vehicles is that they have generators and battery management systems. These parts will use high-end through-hole designs, requiring a large number of hard boards and some HDI boards. And the latest in-vehicle interconnection sector will also be widely used, which is the source of 4 times. The PCB consumption of a traditional car is about 0.6 square meters, and the consumption of new energy vehicles is about 2.5 square meters, and the purchase cost is about 2,000 yuan or even higher.
The main reason for car core shortage
At present, there are two main reasons for the active stocking of OEMs.
1. Car core shortage The core shortage is not only in the field of automotive electronics, but also in other areas such as communication. The major OEMs are also worried about PCB circuit boards, so they are actively stocking up. If we look at it now, it may not be relieved until the first quarter of 2022.
2. Rising cost of raw materials and shortage of supply. The price of raw material copper clad laminates has risen, and the over-issue of the US currency has led to a shortage of material supply. The entire cycle has been extended from one week to more than five weeks.
How will PCB circuit board factories respond
The impact of car core shortage on the automotive PCB market
At present, the biggest problem faced by every major PCB manufacturer is not the problem of rising prices of raw materials, but the problem of how to grab this material. Because of the shortage of raw materials, each manufacturer needs to place orders in advance to grab production capacity, and because of the extension of the cycle, they usually place orders three months in advance or even earlier.
The gap between domestic and foreign automotive PCBs
And the trend of domestic substitution
1. From the current structure and design, the technical barriers are not too big, mainly copper material processing and hole-to-hole technology, there will be some gaps in high-precision products. At present, domestic architecture and design have also entered many fields, which are similar to Taiwanese products, and are expected to develop rapidly in the next five years.
2. From the material point of view, the gap will be more obvious. The domestic lagging behind the Taiwanese, and the Taiwanese lagging behind Europe and the United States. Most of the research and development of high-end applied materials are done abroad, and some domestic work will be done. There is still a long way to go in the material part, and it will take 10-20 years of hard work.
How big will the automotive PCB market size be in 2021?
According to data in recent years, it is estimated that there will be a market of 25 billion yuan for PCBs for automobiles in 2021. Judging from the total number of vehicles in 2020, there are more than 16 million passenger vehicles, of which there are about 1 million new energy vehicles. Although the proportion is not high, the development is very rapid. It is expected that production can increase by more than 100% this year. If in the future the design direction of new energy vehicles is in line with Tesla, and the circuit boards are designed in the form of independent research and development through non-outsourcing, the balance of several major suppliers will be broken, and it will also bring more to the entire circuit board industry. Many opportunities.