Intelligent vehicle application has great potential

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Touch screen as a new type of human-computer interaction interface, widely used in all kinds of digital information system, from the small products such as smart watches, digital camera, etc., to medium-sized products such as vehicle navigation, mobile phones, tablet computers, home appliances, industrial control equipment, and then to large products such as public inquiry system, portable computer, medical instrument and so on all need touch screen products. In recent years, the rapid development of automobile industry, especially intelligent vehicle, has brought new application requirements for touch screen industry.
The smart car market is expanding rapidly
Affected by a variety of factors such as the economic environment, China’s automobile production and sales have been declining since 2018. In 2020, China’s automobile production was 25.225 million units, 303,000 units less than 2019, and 1.19% less than last year. China sold 25.311 million vehicles in 2020, 458,000 fewer than in 2019 and 1.78% less than in the same period last year.
From January to November 2021, China’s automobile production and sales volume reached 23.172 million and 23.489 million respectively. China’s total auto sales are expected to reach 26.1 million units in 2021, up 3.1 percent year-on-year, according to the ASSOCIATION of Automobile Manufacturers. On the whole, during the 14th Five-Year Plan period, the recovery of macro economy, the improvement of economic conditions of middle and low income groups, policy support at the national policy level and other factors will promote the sound development of China’s auto market. In the future, China’s auto market will maintain a moderate growth trend, and new car sales will gradually shift from incremental market to stock market. In 2025, China’s auto sales are expected to reach about 30 million units.
At the same time, the size of the smart car market is also rapidly expanding. According to the data of “China Internet of Vehicles White Paper” released by China Information and Communications Institute, the global intelligent vehicle market size in 2020 is about 660 billion yuan, and the Chinese intelligent vehicle market size is about 200 billion yuan. It is expected that by 2025, the Chinese intelligent vehicle market size will be close to one trillion yuan, and the industry compound growth rate will reach 36.85% in the six years from 2020 to 2025.
The number of on-board displays is gradually increasing
With the development of intelligent vehicle market, electronization, new energy, lightweight and so on have become the new development trend of the automobile industry. Electronic modules such as intelligent driving system and new energy management system have become the heart of intelligent vehicles, thus increasing the market demand for on-board touch display panel.

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According to IHS data, with the rapid development of the automotive industry, the number of on-board displays will continue to increase. By 2030, the number of cars equipped with three screens or more will reach about 20%, and the application demand of touch screens in the automotive field will rise sharply.
To sum up, the benefit from the rapid development of smart car, bicycle towards more than the number of display screen and the development of the auto display will become an important symbol of intelligent car, car display rapidly expanding market demand, have the touch-screen electronic enterprise core technology advantage will be implemented in the supply of automobile electronic system rapid penetration, Then drive the vehicle display industry to further develop.


Post time: Jan-05-2022