The three camps dominate the automotive electric control market
The core component of the new energy vehicle - "three power system" refers to the battery, motor and electronic control. Among them, the motor control system of a new energy vehicle can be roughly divided into two parts: main drive control and auxiliary drive control. According to a survey conducted by the China Association of Automobile Manufacturers, it is estimated that the total output of new energy vehicles in the Chinese market is expected to reach 700,000 units in 2016. If the calculation is based on a set of main drive controllers of 20,000 yuan, only the motor main drive controller for vehicles. The market size is about 14 billion yuan.
In the procurement process, the current vehicle manufacturers are basically driven by motor procurement, and the motor controller is used as a supporting component. For the development of automotive motor controllers, the current manufacturers participating in the domestic market are mainly divided into three major camps: motion control manufacturers, motor-electric control manufacturers and car companies. Motion control manufacturers are represented by Huichuan, Lanhai Huateng, Jitaike, Yingweiteng, Megmeet, sinusoidal, etc. Most of these enterprises are cut into the new energy vehicle market by the inverter market, in the motor drive core control technology. There are advantages; motor-electric control manufacturers include Dadihe, Dayang Electric, Jingjin Electric, Shanghai Dajun, etc.; the car factory is mainly BYD, Geely, Jianghuai, etc., especially BYD as the first brand of domestic new energy vehicles, The self-owned motor controllers account for a considerable proportion of the market.
From the perspective of market application, at this stage, the new energy vehicle motor controller developed by the motion control manufacturer is mainly used in the commercial bus market. Except for a few manufacturers and the car manufacturer for bundled development, most of the motion control manufacturers are still independently developed. The main method. Taking Huichuan as an example, in 2015, the company's orders in the field of new energy vehicles achieved explosive growth. The annual order exceeded 800 million yuan, an increase of more than 100% year-on-year. Among them, the new energy bus integrated motor controller products are the largest contributors; In the first quarter of this year, the electric control products of new energy buses developed by Huichuan still maintain the momentum of rapid growth. The company expects the annual growth target of new energy vehicles in 2016 to be around 50%. According to the introduction, the electronic control of Huichuan Products have begun to be used in some passenger car markets.
Motor-electric control manufacturers rely on the development of permanent magnet synchronous motors, AC asynchronous motors, switched reluctance motors and other fields for many years, and have more advantages in the matching performance of motor-electric control systems, so the products are mostly used in logistics vehicles. Passenger car field. In addition, a more obvious trend in recent years is that with the overall resource strength, some motor-electric control manufacturers are frequently trying to cross-border integration, for example, some motor manufacturers do integration and acquisition of drive control and battery manufacturers (such as 2015). Dayang Electric wholly-owned acquisition of Shanghai Electric Drive, 2016 Ocean Electric Motors shares fuel cell manufacturers Ballard, etc.); At the same time, some of the drive control manufacturers have also become a strategic partner, shareholding and other means to combine car companies, motor manufacturers, etc. The purpose is to promote each other and jointly establish a more large-scale product solution supply chain to promote the overall upgrade of the new energy vehicle electronic control program.
In the car enterprise part, because it has a relatively complete vehicle production line for support, its vehicle motor controller is generally used in passenger cars, passenger cars and other vehicles. According to official data, in 2015, BYD's new energy vehicles sold a total of 61,700 units, a year-on-year increase of 234.7%, surpassing brands such as Tesla and Nissan, making it the world's largest selling electric vehicle manufacturer. According to the latest data released, in 2016, BYD New Energy Vehicles sold 46,000 units in the first half of 2016, a year-on-year increase of 120%. It is estimated that the sales volume of new energy vehicles in 2016 will reach 120,000 units.
In addition to the above three camps, some companies that have been working in the automotive electronics market for many years, as well as emerging companies that are specifically positioned for the development of new energy vehicles, are also among the best in this market. For example, Hangsheng Electronics, which currently has a high market share in the automotive electroacoustic system, networked information system and assisted driving system market, has also entered the field of new energy vehicle motor control systems in recent years. In addition, Shenzhen Electric Technology Co., Ltd. German Electric Controls and other suppliers are new energy vehicle motor controller suppliers with potential for growth in recent years.