Electronic components are an important part of electronic products, its market has always been very active. According to data from market research institutions, the global electronic components market size was approximately US$455.6 billion in 2019, and is expected to reach US$670 billion by 2025. With the continuous development of technology and the expansion of application fields Expansion, the demand for electronic components market is also growing.
However, in recent years, due to the impact of the Sino-US trade war, the new coronavirus epidemic and other factors, the electronic components market has been affected to a certain extent in terms of supply chain, production and other aspects, resulting in supply shortages, price fluctuations and other phenomena. Especially During the COVID-19 epidemic, due to restrictions on global exports and transportation, the supply chain of some electronic components was interrupted or slowed down, and the electronic components market was affected to a certain extent.
However, the emergence of some popular electronic consumer products, such as smartphones and electric vehicles, has also driven the demand for electronic components. The recovery of the smartphone market has driven the demand for smartphone-related components, such as radio frequency chip-level baseband chips. etc. With the continuous advancement of 5G technology, the demand for wireless communication modules, signal amplifiers, power amplifiers and other components with high-speed data transmission and processing capabilities in wireless networks will further grow. At the same time, the rapid growth of the electric vehicle market has driven the power The demand for electronic components, such as IGBT, MOSFET and other power semiconductor devices, is expected to reach 470 billion U.S. dollars in the global electric vehicle market, which will also drive demand growth in the power electronic components market.
In addition to the emergence of the popular electronic consumer products mentioned above, which has driven the growth of demand in the electronic components market, there are also emerging fields such as artificial intelligence, Internet of Things, big data and other fields that are developing rapidly and have an impact on the electronic components market. Higher demand requirements have been put forward. Especially with the continuous maturity of artificial intelligence technology and the expansion of application scenarios, the demand for high-performance chips, especially deep learning chips, has grown rapidly, which will further promote the development of the electronic components market.
In addition, there is a trend of technological improvement and business model innovation. Many companies in the electronic components market are actively carrying out technology research and development, constantly improving and enhancing the performance of existing products, and also developing new products to meet the changing needs of the market. Demand. In addition, some companies are also exploring new business models. For example, in the field of the Internet of Things, some companies are beginning to provide "sustainable" solutions to gain more opportunities and competitive advantages in the market.
In general, although the electronic components market is affected by external adverse factors, with the development of science and technology and the expansion of demand, there will still be greater room for development in the future. In the future development process, companies need to maintain their own Technical strength and product quality, continuous innovation and exploration of new business models to ensure its own competitiveness and gain greater market share.