According to the estimates of professional institutions, the global passive component output will increase by 22% to 28.6 billion U.S. dollars in 2020, up 39% from the previous year to 12 billion U.S. dollars, while the car industry will grow 31% to 4.6 billion U.S. dollars Use grew 35% to $ 1.1 billion; power and industrial controls grew 24% to $ 2.9 billion; but consumer electronics dropped 6% and computers grew only 3%.
According to the information, with the multilayer ceramic capacitor (MLCC) as an example, the survey shows that the top suppliers in the world include Murata, Semco, Taiyo Yuden, TDK, Walsin and Yageo.
MLCC out of stock passive components market in 2020 reached 28.6 billion US dollars
If this prediction is highly accurate, manufacturers should adjust their product mix as much as possible to reduce the growth slowdown or even decline industries toward high-growth, high-margin products such as high capacitance, high frequency and high voltage passive components Category of the proportion of shipping.
From the product point of view, the automotive market is still awaiting breakthrough in Taiwan's passive components industry is currently only 5% of the country's giant, accounting for 5.5% of Hsinchu Branch How to improve the passive components of the Taiwan Department in the future The proportion of the market, not only test the technical capacity of Taiwan factory, Taiwan factory and overseas cooperation strategy layout.
As for the apparently declining consumer electronics in the future, Guotai and Huaxinke share 12% and 11.6%, respectively, and the impact on the two businesses is the same, with the major difference being the number of computers, which account for 41% of the country's shipments, Accounting for 24.2% of the new branch, if this part of the growth slowed down, I am afraid long-term impact on the country giant.
However, Japanese, Korean manufacturers supply strategy for the transfer of passive components out of stock situation has not been removed, the state giant appropriate price increases, but a significant contribution to profitability, for the moment being less vulnerable to the threat of market growth in electricity And industrial control purposes, the giant giant only accounted for 22%, but the Walsincy is up 30%, if the global market growth of 24% on schedule as expected, the new branch of China seems to be quite obvious. Unlike bulk products, thick film resistors , Some Taiwanese manufacturers have also cut into thin film resistors, for more profitable market opportunities.
Taiwanese manufacturers pointed out that the automotive electronics by advanced driving assistance system (ADAS) impact, the annual demand for automotive MLCC is expected to have more than 3% growth rate, it is indeed manufacturers strive to achieve the goal .As for consumer electronics products Decline, Taiwan manufacturers pointed out that the demand for 4K, 8K HD, large-size TV is actually increased, in addition to SONY PS4, Microsoft XBOX, Nintendo Switch and other gaming consoles and graphics cards also increased demand, it seems that the professional agencies have not yet seen the forecast .
In the more obvious industrial control growth, Taiwanese manufacturers said that the growth of industrial control is indeed the case, and LED lighting market demand is strong, but also push MLCC out of stock one of the reasons.And network communications equipment, the recent Internet of things (IoT), 5G, servers, base stations and other communications related to the great demand, professional agencies estimated there will be nearly 40% growth rate before the majority of manufacturers have been in this layout, even in the past did not expand capacity (RF) components, filters, Bluetooth, antenna module (ASM, antenna switch module) and other recent expansion plans.
MLCC out of stock for up to 15 months, the Japanese passive component maker TDK's share price even rose to more than 10,000 yen .Taiwan manufacturers believe that equipment delivery up to 10 months, each manufacturer cautious in response to the current stock situation , And will not blindly expand production.And the Taiwan-based manufacturers have a high interest in the automotive market, suffer from the car supply chain certification for a long time, it is still unable to contribute to revenue performance.
Overall, the passive components manufacturers in Taiwan in recent years to maintain 2-digit annual revenue growth rate should not be difficult and the market is still out of stock, the product price is not easy to fall, as long as the effective reduction of production costs, profit improvement should be Can be sustained.