In recent years, due to the impact of multiple factors such as the geopolitical crisis, global inflation and the new coronavirus epidemic, the demand for electronic components has been differentiated. Demand for some consumer electronics such as mobile phones, tablets and laptops has declined, while demand for electronic components in areas such as medical devices, smart cars and Internet of Things devices has grown rapidly.

According to market research company data, it is expected that by 2025, the global electronic components market size will reach 606.5 billion US dollars, and will maintain rapid growth in the next few years. At the same time, the downstream market demand of the electronic components industry is also growing, including many industries such as consumer electronics, automotive electronics, industrial electronics, and emerging fields such as new energy vehicles, the Internet of Things, and new energy.

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In China, the electronic components manufacturing industry is developing rapidly, national policies and market demand to promote the electronic components industry from low-cost advantages to cost, quality, performance and other aspects of the direction of development. The manufacturing and design field of China’s electronic components has accumulated better competitiveness in recent years, and local electronic components enterprises are also gradually rising. According to the “Action Plan for the Development of Basic Electronic Components Industry (2021-2023)” issued by the Ministry of Industry and the “14th Five-Year Development Plan for China’s electronic Components Industry” issued by the China Electronic Components Industry Association, it is expected that by 2025, the sales scale of China’s electronic components will reach nearly 2.5 trillion yuan. The total sales of local enterprises are expected to account for 75% of the total domestic sales market.

As an important platform to witness the development of China’s electronic information industry, the 102nd China Electronics Exhibition will be held in Shanghai New International Expo Center from November 22 to 24, the exhibition will focus on the latest achievements and cutting-edge technologies of the development of electronic information industry, and inject new vitality into the development of the industry. It is worth mentioning that the basic electronic components exhibition area, as an important part of the exhibition, has attracted a large number of excellent enterprises to participate. For example, Tangshan Guoxin Jingyuan Electronics Co., Ltd. has the title of national high-tech enterprise, national specialized new “Little giant” enterprise, Zhejiang Huilong Chip Technology Co., LTD., which successfully selected the China space system procurement supplier database, Ningbo Hongwu Aviation Technology Co., LTD., which has the most advanced technical equipment and management mode, Bengbu Double Ring Electronics, which was selected as China’s top 100 electronic components enterprises Sub-group Co., Ltd. and other industry leaders in the field of electronic components have appeared.

In the same period, a series of forum activities such as technical forum, industry award, new product and new technology release, supply and demand docking, and industrial competition will be held. The activities will closely focus on the popular application market of the electronics industry and the high-speed development industry, inviting many industry giants. Focus on core components, sensors, automotive electronics, special electronics, integrated circuits, 5G& Internet of Things and intelligent manufacturing and other topics to conduct in-depth analysis of the whole field.