By comparison, chassis control system upgrading gathered pace. In terms of market share, chassis control systems also overtook power control systems for the first time. In addition, in-board electronics saw its market shares rising. This was mainly because the upgrading of such products as in-board sound systems and the application of some new in-board electronic products.
In addition to fast-growing auto output, the main factor that pushed forward the fast growth of China's auto electronics market in 2006 was a steady rise in the percentage of cars in the total auto output. Not only that more passenger vehicles were produced, the overall level of electronization for these cars have also been notably increased. Traditional auto electronic products were still the main support for the market. Chassis control systems and safety systems were the most powerful driving forces for the development of China's auto electronics market in 2006.
In 2006, in-board electronics market grew by over 45% in size over 2005. In the in-board electronics field, in-board sound systems and in-board GPS continued to take up most market shares. Despite the high penetration rate, large-scale product upgrading of in-board sound systems continued to be the main driving force behind the market growth, with in-board CD more widely used in passenger cars. In addition, in-board MP3 also started to penetrate into homemade cars. On the other hand, with Japanese automakers' "GPS navigates cars" product roadmap, local China enterprises such as Chery and Geely joined the ranks of GPS pre-installation. Driven by these enterprises, China's in- board GPS market grew fast in 2006. In addition, China's portable GPS navigation market also rised gradually. Currently, it has become a promising market of high attention in the industry.
On the whole, China's auto electronics market will maintain its fast growth momentum in the next few years, driven mainly by passenger vehicles. However, application and product structures will change in varying degrees. Firstly, backed by a fast-growing auto industry, China's auto output has increased. Homemade cars also have a higher level of electronization. The class of the electronic products equipped is being enhanced. This will push forward the development of China's auto electronics market.
Secondly, with the continuous emergence of new applications, the auto electronics market will be upgraded. In the next few years, new auto electronic products will become new hotspots in the market. In the chassis control field, tractive control systems, braking assisting systems and vehicle body stabilizing systems will gradually be used in homemade automobiles. In the vehicle body electronics field, the level of electronic control over automobiles will be raised, and intelligent vehicle lamps and more comfort regulating products will enter a stage of large-scale application. In the in- board electronics field, integrated in-board electronic products and various in-board network communication products will become hotspots for development in the future.
To sum up, China's auto electronics market will continue to maintain its fast growth in the next few years. More and more new auto electronic products will be used in homemade automobiles. The market is expected to reach a size of some 240 billion Yuan in 2011.
