Analysis of market research status of Chinese semiconductor industry enterprises in 2023

Analysis of market research status of Chinese semiconductor industry enterprises in 2023: Opportunities and challenges coexist

With the rapid development of China's integrated circuit industry and the increasing downstream demand, barcode scanning solutions semiconductor companies are currently facing market opportunities for the upgrading of downstream technology industries such as new energy vehicles, the Internet of Things, and intelligent manufacturing, and industry manufacturers are actively expanding the market.

Semiconductor industry market size

In recent years, with huge market demand, rich demographic dividend, stable economic growth and a good industrial policy environment, precision automation systems China's semiconductor industry has achieved rapid development. Data show that China's semiconductor industry sales increased from 788.5 billion yuan in 2017 to 1,242.3 billion yuan in 2021, with a compound annual growth rate of 12%. It is expected that the market size of China's semiconductor industry will reach 150.9 billion yuan in 2023.

Source: China Semiconductor Industry Association, China Industry and Commerce Research Institute

New opportunities in semiconductor industry

1. The national industrial policy strongly supports, and the industry ushered in a golden development period.

The degree of influence of the development of the semiconductor industry is an important reflection of the strength of national economic and technological enterprises, and the field of wafer manufacturing is the focus of competition in the global financial technology market. semiconductor manufacturing solutions To improve the competitiveness of China's semiconductor-related information industry has become one of the important topics for China's manufacturing upgrading. In recent years, various departments of the state have introduced a series of preferential policies to encourage and support the continuous development of the service industry.

2. The focus of the global semiconductor industry has shifted, and China's semiconductor industry has grown rapidly

Throughout the history of the semiconductor industry, there have been two large-scale industrial transfers around the world: the first was transferred from the United States to Japan in the 1970s, and the second was transferred to South Korea and Taiwan Province of China in the 1980s. Industrial transfer is the comprehensive result of market demand, national industrial policy and capital drive. Two successful industrial transfers in history have led to the change in the direction of industrial development, the specialization of the division of labor, and the reallocation of resources, giving the pursuers the opportunity to cut into the market, thus promoting the innovative development of the entire industry.

At present, China has the most dynamic end-use application industry cluster. The huge end application market is supporting the development of the semiconductor industry from all directions and angles. After years of development, China has reached a leading level in high-tech industries such as new energy, display screens and light-emitting diodes, and vigorously promoted the upgrading process of various chip products, accelerating the improvement of the domestic semiconductor industry chain.

3. The application market is rapidly upgraded and the industry market space is rapidly expanded.

With the continuous development and maturity of new technologies such as the Internet of Things, a new generation of China mobile network communication, and artificial intelligence, semiconductor materials such as industrial management control and automotive electronics are mainly accelerated through the upgrading process of industrial structure in the downstream manufacturing industry, and the technical knowledge in the downstream high-tech field is updated, which has led to the growth of economies of scale in semiconductor enterprises. For example, the semiconductor value of new energy vehicles will reach twice that of our traditional vehicles, especially the application capacity of power semiconductors has increased significantly; In IoT-related fields, Gartner predicts that globally connected system devices will rise from 13.1 billion in 2020 to 24 billion in 2025, a compound growth rate of 12.87%. The rapid upgrading of the downstream technology and finance industry has become a new market driving force in the education industry, and with the continuous learning and enhancement of the core technology innovation and research and development strength of domestic small and medium-sized enterprises, the competitive market environment of the domestic semiconductor industry will expand rapidly.