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By 2005, China's auto market sales are expected to reach 1,000 billion yuan, of which automotive electronics products account for about 25% to 30%. The market size is about 2500 to 300 billion yuan.
At the 2004 National Information Technology Application Work Conference held on the 23rd, the relevant person in charge of the Ministry of Information Industry stated that from the vehicle's fuel, control systems, to the base, the vehicle, and the driving dispatch system, etc. are all being intelligentized through information technology. The in-depth application of information technology in the automotive field has driven the revolutionary changes in automobiles. As a result, automotive electronics has become one of the new economic growth points and has also greatly expanded the development space of the information industry.
With the gradual increase in consumer demand for intelligent, electronic, informatization, and networking of automobiles, the development direction of modern automotive electronics is to integrate computer, communication, control, microelectronics, electronic sensors, and other technologies into automobiles. The mechanical products evolved toward high-tech products.
China's automotive electronics industry is currently in its infancy. There are about 1,000 automotive electronics companies in the country, but most of them are small-scale, single-product and low-tech. Products are concentrated in automotive electronic devices such as car audio, automotive instrumentation, communications and navigation devices, as well as some semiconductor circuits and devices, sensors, and motors.