At present, is there a prospect for the development of the electronic components industry?

The impact on the downstream side is much greater than that on the upstream end

Electronic components are the basis for the development of systems and terminal products such as communications, computers and networks, and digital audio. China's electronic information industry is developing rapidly, the electronic components industry has entered a stage of rapid development, and the state has paid more attention to the industry. The upstream of electronic components includes magnetic materials, semiconductor materials, etc., and the downstream end product markets include consumer electronics, communication equipment, automotive electronics, etc.

In 2020, the electronic components industry has experienced multiple blows such as the downturn in the upstream semiconductor industry, first-class friction and the new crown epidemic, and its development has been greatly affected. The impact of the downstream end product market of electronic components, including consumer electronics, communication equipment, automotive electronics, etc., is much greater than the impact of the upstream supply side.

According to the international electronic business situation, on the demand side, with the outbreak of the epidemic in overseas markets such as Europe, America and Southeast Asia, many industries such as clothing, textiles, toys, and consumer electronics have been hit hard, which has directly impacted the procurement demand of the terminal manufacturing industry for the middle and upper reaches.

With the epidemic under control, the upstream and downstream of the industrial chain have fully resumed work and production, national policy support, etc., as well as the global shortage of epidemic prevention materials, have increased the procurement of upstream components. In the second quarter of 2020, 70% of distributors and terminal manufacturers significantly increased their purchases.

On the supply side, due to the low resumption rate and the impact of factory shutdown and production reduction, chips and components** fluctuated, and the delivery time continued to lengthen. Affected by the limited production capacity of semiconductor original factories, some components in Q2 2020 continued the trend of shortage and price increase in Q1, but there are also obvious differences. In Q2 2020, the longest price increase and delivery time of components in Q2 is MCU, accounting for 19%, and in Q1 of 2020, MLCC.

More than half of the companies are showing positive revenue growth

In the second quarter of 2020, thanks to the fact that the Chinese market is the world's largest semiconductor manufacturing and consumption market, and the epidemic situation in China is gradually under control, industrial chain enterprises quickly resume work and production. According to international electronic business, 57% of distributors and terminal manufacturers have seen positive revenue growth.

Although affected by the large consumption volume in the domestic market, policy support and epidemic control, the development of China's electronic components industry has gradually recovered, but it still faces great challenges. According to international electronic business conditions, the main challenges faced by electronic component distributors and terminal manufacturers in the second quarter of 2020 include weak end demand; The price of the original factory is out of stock; unstable supply; The original factory production capacity is insufficient, etc.

Half of 2020 has passed, but the epidemic is still not fully controlled, the international situation is still greatly restricted, coupled with the unpredictable international situation, the tariff policy is changeable, and there are more frictions, etc., which will affect the trend of the entire industry. However, judging from the current revenue of domestic electronic component manufacturers, there is a relatively optimistic trend.

The above data ** is from the Prospective Industry Research InstituteAnalysis Report on Production and Marketing Demand and Investment in China's Optoelectronic Device Manufacturing Industry

Hello, the current electronic components industry is promising, China is currently in a rapid development, electronic components are an indispensable part, so the prospects are still very broad!

The market prospect of the electronic components industry is still good, and this industry needs more high-quality people and enterprises to enter. At present, high-end components mainly rely on imports, and the level of domestic components lags behind foreign countries for 40 years.

Electronic components are the cornerstone of supporting the development of the information technology industry, and they are also the key to ensuring the safety and stability of the industrial chain. In order to accelerate the high-quality development of the electronic components industry, the Ministry of Industry and Information Technology recently issued the "Action Plan for the Development of the Basic Electronic Components Industry (2021-2023)", which clearly proposes to promote breakthroughs in the basic electronic components industry for key markets such as smart terminals, 5G, industrial Internet, data centers, and new energy vehicles, and enhance the ability to guarantee the chain of key materials, equipment and instruments. By 2023, we will strive to achieve a total sales volume of one trillion yuan in the electronic components industry.

At present, the components are good in the market, but they need to be deeply understood.

Any industry has prospects, mainly depends on whether you think you do it seriously, and you will definitely not fail if you work hard.

Of course, now they are all electronic, intelligent, and electronic components are the foundation of each, but it is also crucial to choose the right company. Future Electronics is a global distributor of electronic components.

The electronics industry includes:1. Investment product industries, such as electronic computers, communication machines, radars, instruments and electronic special equipment, are the means of national economic development, transformation and equipment.

2. Electronic components and special materials industry, including picture tubes, integrated circuits, various high-frequency magnetic materials, semiconductor materials and high-frequency insulating materials.

3. The consumer products industry, including televisions, tape recorders, video recorders, etc., is mainly aimed at improving people's living standards.

In 2020, the total sales of electronic components will be nearly one trillion yuan

Electronic components are the basic components of various electronic machines, which determine the performance and quality of electronic machines. With the high degree of integration of industrialization and informatization, the application of electronic components has penetrated into the entire industrial field, which is the foundation and key to supporting the innovation and development of the entire industry.

According to the data of the China Electronic Components Industry Association, the total sales volume of the domestic electronic components industry (excluding semiconductor discrete devices and vacuum electronic devices industry) in 2020 will reach 1,883.1 billion yuan, with an average growth rate from 2015 to 2020.

Optoelectronic cables are the largest market segment for electronic components

Electronic components mainly include resistive potentiometers, capacitors, electronic ceramic devices, magnetic material components, electronic transformers, inductive devices, piezoelectric crystal devices, hybrid integrated circuits, sensitive components and sensors, photoelectric plug-in components, control relays, micro motors, photoelectric cables, optical communication devices, electroacoustic devices, electronic protection components, printed circuit boards and other subdivided products. From the perspective of the sales proportion of the electronic components industry segment in 2020, the sales of photoelectric cables accounted for the largest proportion, reaching 18%, followed by the sales of electroacoustic devices accounted for 17%, and the sales of photoelectric plug-in components accounted for 16%.

At the end of the "13th Five-Year Plan" period, the electronic components industry failed to meet the planning goals

During the 13th Five-Year Plan period, due to the macroeconomic downturn, international barriers, the new crown epidemic and other unfavorable factors, the overall sales growth rate of China's electronic components industry slowed down, resulting in the overall sales of the domestic electronic components market at the end of the "13th Five-Year Plan" period only reached the planning target level, of which the capacitor market only reached the planning target level.

Note: Electronic protective components and printed circuit boards do not have specific sales targets planned during the "13th Five-Year Plan" period.

It is planned that by 2025, the sales scale of domestic electronic components will be nearly one trillion yuan

According to the "Action Plan for the Development of Basic Electronic Components Industry (2021-2023)" issued by the Ministry of Industry and Information Technology, it is planned that by 2023, the total sales of electronic components in China will reach one trillion yuan, further consolidate China's status as a major producer of electronic components in the world, and fully meet the needs of the information technology market; According to the "14th Five-Year Development Plan for China's Electronic Components Industry" issued by the China Electronic Components Industry Association, it is expected that the sales scale of domestic electronic components will reach 2,462.8 billion by 2025.

In terms of the development and cultivation of local enterprises, it is planned that by 2025, the total sales of electronic components (excluding semiconductor discrete devices and vacuum electronic devices) of local enterprises in China will reach 1,845 billion yuan, accounting for 75% of the total domestic sales market, with an average annual growth rate from 2020 to 2025. Among them, there are more than 20 large local companies with annual sales of more than 10 billion yuan in electronic components manufacturing business, and the number of single champion enterprises and "specialized, special and new" small and medium-sized enterprises has doubled compared with the "13th Five-Year Plan" period.

The above data refers to the Prospective Industry Research Institute"Analysis Report on Market Prospect and Investment Strategic Planning of China's Electronic Components Industry".

China's output of electronic components has accounted for nearly 39% of the world's total. The world's largest products are: capacitors, resistors, electroacoustic devices, magnetic materials, piezoelectric quartz crystals, micro motors, electronic transformers, and printed circuit boards.

With the expansion of the scale of China's electronic information industry, the four major electronic information industry bases in the Pearl River Delta, the Yangtze River Delta, the Bohai Bay Rim region, and some central and western regions have taken shape. The electronic information enterprises in these areas are concentrated, the industrial chain is relatively complete, and they have considerable scale and supporting capacity.

There are some major problems in China's electronic materials and components industry: there is a surplus of low-end products, and high-end products mainly rely on imports; Lack of core technology, low product profits; The scale of the enterprise is small, and the investment in technology development is insufficient.

The employment prospects of electronic information materials and components are good.

Analysis of market opportunities and development space of China's electronic materials industryThe electronic materials industry is the core of the development of the new generation of information technology industry, and it is a strategic, basic and leading industry that supports economic and social development. With the rapid development of China's electronic information industry, the corresponding electronic materials industry has also ushered in rapid development, becoming one of the fastest and most dynamic industries in the field of new materials.

According to the "Guiding Opinions on Expanding Investment in Strategic Emerging Industries and Cultivating and Expanding New Growth Points" issued in September 2020, it is proposed to accelerate the quality and efficiency improvement of the new generation of information technology industry, accelerate the research of core technologies such as basic materials, key chips, high-end components, new display devices, and key software, and vigorously promote the construction of key projects and major projects.

Accelerate the strengths and weaknesses of the new material industry, and accelerate breakthroughs in the fields of high-strength and high-conductivity heat-resistant materials, corrosion-resistant materials, large-size silicon wafers, and electronic packaging materials. Accelerate the leapfrog development of the new energy industry, accelerate the breakthrough of new energy power technology bottlenecks such as wind, solar, water storage complementarity, advanced fuel cells, and efficient energy storage, and accelerate the infrastructure network of distributed energy and fuel cell systems.

In the context of the vigorous promotion of national policies, it is expected that the electronic materials industry will usher in a new round of growth during the "14th Five-Year Plan" period. At the same time, the development of the demand side is also driving the rapid expansion of the market size of the electronic materials industry.

The downstream applications of electronic materials are very wide, and they are used in strategic emerging industries such as integrated circuits, 5G communications, intelligent terminals, photovoltaics, and new energy vehicles. For the integrated circuit industry, PwC data shows that the sales of China's integrated circuit industry increased from 433.6 billion yuan in 2016 to 884.8 billion yuan in 2020, with a compound annual growth rate.

The sales scale of the integrated circuit industry is growing rapidly, and with the gradual transfer of the semiconductor industry chain to Asia, it is expected that the market size will continue to grow in the future.

For the smart terminal industry, the shipment volume of smart phones is high, the product iteration and update is faster, and other smart wearables, tablets, etc. are also fast. For the photovoltaic industry, it has ushered in rapid growth in recent years.

In 2020, the new grid-connected PV installed capacity in China will reach a year-on-year increase, and the cumulative grid-connected PV installed capacity will reach 253GW, ranking first in the world in terms of both new and cumulative installed capacity, with the continuous support of national policies for the PV industry.

It is expected that the scale of the photovoltaic power generation market will continue to expand further. In the field of 5G communication and new energy, with the support of national industrial policies and industrial drive, the rapid development of electronic materials will also be driven. Therefore, with the support of the national industrial policy and the promotion of downstream application fields, China's electronic materials industry will have broader market opportunities and development space.

Power electronic devices, also known as power semiconductor devices, refer to electronic devices that can be directly used to process electrical energy in the main circuit to realize the conversion or control of electric energy. The energy-saving and high-power power electronic equipment manufacturing industry was produced in the 80s of the 20th century abroad and in the late 90s of the 20th century in China, and is an emerging industry with great potential. The power electronic equipment manufacturing industry was developed in the 50s of the 20th century with the application of semiconductor technology, among which the energy-saving and high-power power electronic equipment manufacturing industry is a sub-industry developed with the successful development and application of semiconductor power components such as thyristors and rectifiers, and at the end of the 80s of the 20th century, with the development of high voltage and large capacity of semiconductor power components, it has entered a period of rapid development.

[2021-2027 Global and China Power Electronic Components Market Status and Future Development Trend].

Chapter 1: Report Statistical Scope, Product Segmentation and Major Downstream Markets, Industry Background, Development History, Current Situation and Trends, etc.);

Chapter 2: Global Overall Size (Capacity, Production, Sales, Demand, Sales Revenue, etc., 2016-2027);

Chapter 3: Global Power Electronic Components Competitive Analysis by Key Manufacturers, including Power Electronic Components Capacity, Production, Sales, Revenue, Market Share, Production, Origin and Industry Concentration Analysis;

Chapter 4: Global Power Electronic Components Key Regional Analysis, including Sales Volume, Sales Revenue, and Others;

Chapter 5: Global Power Electronic Components Key Manufacturers Profile, Including Company Profiles, Power Electronic Components Product Models, Sales Volume, Revenue, and Recent Developments;

Chapter 6: Global Power Electronic Components Sales, Revenue, Revenue, and Share by Product Type;

Chapter 7: Global Power Electronic Components Sales, Revenue, Revenue, and Share by Application;

Chapter 8: Industry Chain, Upstream and Downstream Analysis, Sales Channel Analysis, etc.;

Chapter 9: Geographical Distribution of Power Electronic Components in China Market;

Chapter 10: Industry Dynamics, Growth Drivers, Development Opportunities, Favorable Factors, Unfavorable and Hindering Factors, Industry Policies, etc.;

Chapter 11: Conclusions of the Report.