China's intelligent controller market size will grow rapidly

Intelligent controller is in the electronic products, equipment, device and system control unit, control its perform specific functions, in the end products plays the role of the "nerve center" and "brain", for microcontroller (MCU) chip as the core, in the custom design of the software program, after processing the electronic technology, realize the end products of a specific function.Intelligent controller integrates automatic control technology, microelectronics technology, sensing technology, communication technology and many other technology categories, so as to improve the level of intelligent terminal products.

In the 1940s, intelligent controller was first applied in industrial production.After the 1970s, intelligent controller is widely used in industrial equipment, automotive electronics, household appliances and other fields.With the increasing digitization of various electronic terminal products, the integration of functions, the improvement of intelligent controller technology content, the market capacity is growing.According to the new thought world released "2019-2023 China intelligent controller industry market monitoring and future development prospect of the research report, in 2018, the intelligent controller of automobile electronic industry, household appliances and power tools and industrial equipment combined accounted for 60%, including automotive electronic accounted for 22.6%, 11.8% of home appliances, electric tools and industrial equipment accounted for 10.9%.

The development of intelligent controller in China is rapid in recent years.In 2018, China's automotive electronics market saw revenue of us $81 billion, up 9.96 percent year-on-year.China's household appliances market as a whole has maintained an upward trend, with the market size of household appliances reaching 167 million yuan, up by 3.63% year on year.China's smart home market reached 91 billion yuan, up more than 50 percent year-on-year.Driven by the development of downstream industries, the market scale of China's intelligent controller industry has been expanding.In 2015, the size of China's smart controller market exceeded 1 trillion yuan and reached 1.54 trillion yuan in 2018.

The intelligent controller industry is faced with technical innovation barriers, talent barriers and capital barriers, but as the downstream industry gradually enters the era of intelligence, the application of intelligent controller is constantly expanding, the development of the Internet of things, artificial intelligence, intelligent creation and other downstream fields also brings new opportunities for the development of the intelligent controller industry.In addition, intelligent controller is a high-tech industry encouraged by the state and also a strategic, basic and pioneering pillar industry of the national economy. Relevant departments of the state have issued a series of policies including the three-year action plan for promoting the development of the new generation of artificial intelligence industry (2018-2020) to encourage the development of this industry.

With the progress of technology and the improvement of life quality, the intelligent controller industry is facing significant changes. The technical content and added value of products are constantly improving. The market size of intelligent controller is growing rapidly, and it is estimated that the market size of intelligent controller industry will reach 1.69 trillion yuan in 2020.