Research Report on Market Outlook Prediction of China's Intelligent Controller Industry in 2024
As one of the core components in intelligence, intelligent controllers can achieve intelligent driving and control of controlled objects, thereby completing various tasks, and their application prospects are broad. In recent years, with the continuous integration and development of new technologies such as artificial intelligence, robotics, the Internet of Things, and cloud computing, the application fields of intelligent controllers have been further expanded.
1. Market size of intelligent controllers
Intelligent controller is a core control component that integrates various technologies such as communication technology, sensing technology, microelectronics technology, and automatic control technology. With the rise of the wave of intelligence, cloud computing, big data, and Internet of Things applications are rapidly developing. As the basic object for realizing the interconnection of all things, intelligent controllers are beginning to penetrate into every aspect of life and work. The "2024-2029 China Intelligent Controller Industry Outlook Forecast and Strategic Investment Opportunity Insight Report" released by the China Academy of Commerce shows that the market size of China's intelligent controllers reached 3.06 trillion yuan in 2022, with an average compound annual growth rate of 12.75% over the next five years. Analysts from China Academy of Commerce predict that the market size of intelligent controllers in China will reach 3.87 trillion yuan in 2024.
2. Application fields of intelligent controllers
At present, the intelligent controller industry focuses on three major areas: automotive electronics, household appliances, electric tools and equipment. Among them, the automotive electronics market accounts for the largest proportion, reaching 24%; Secondly, the household appliance market accounts for 16%, the electric tools and equipment market accounts for 13%, and the smart building and home, health and care markets account for 11% and 4%, respectively.
3. Competitive landscape of intelligent controller market
At present, the market concentration of China's intelligent controller industry is relatively high. Topbond shares have the highest market share, accounting for up to 77%. Hertai has a market share of 13%, ranking second. In addition, leading intelligent controller manufacturers in China also include Langke Intelligence, Zhenbang Intelligence, Bestac, etc., with market shares of 4%, 2%, and 1%, respectively.
4. Enterprise registration volume of intelligent controllers
The intelligent controller industry in our country is in a period of industrial growth, and the number of enterprises in the industry is constantly increasing. According to data from Qichacha, there are currently 172700 intelligent controller related enterprises in China. From the registration situation of enterprises over the years, the highest number of intelligent controller enterprises was registered in 2023, reaching 37700, a year-on-year increase of 38.5%. With the support of national policies and the intensification of internal competition in the industry, it is expected that the number of enterprises in the intelligent controller industry will continue to grow in the future.
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