With the advent of 5G, which application fields will be the first to break out and grow into hundreds of billions of new markets?
"On the basis of the network infrastructure provided by 5G, the popularization of automotive electronic software and hardware, and the accelerated development of electric vehicles, the networking of vehicles has become a definite opportunity, and the outbreak is imminent." When Sun Jianbo, chief economist of China Reading Capital, was interviewed by the reporter of Shanghai Stock Exchange, he first expounded the logic of optimistic about the Internet of Vehicles.
According to Pang Chunlin, secretary-general of TIAA and many other experts in the industry, the Internet of Vehicles involves many participants, such as people, cars and roads. Among them, intelligent hardware such as sensors, communication networks, sensitive algorithms and other new technologies and products have good investment value. In the order of industrial chain outbreak, Guojin Securities and other institutions believe that electric vehicles, driverless cars and car networking are the driving forces of the semiconductor industry.
Opportunities At present, a large number of A-share listed companies have already "conspired" to connect cars to the Internet, from electric vehicles, autonomous driving, electronic components to vehicle terminals. For example, SAIC has made a comprehensive attack in the fields of electric vehicles, autonomous driving and intelligent car networking. Wentai Technology specializes in automotive electronic components, and Big Dipper has cut into the direction of intelligent networked cars and intelligent cockpits from navigation.
Improve the Three Foundations
The Ministry of Industry and Information Technology released the Key Points of National Radio Management in 219 on February 19, proposing to release some millimeter-wave frequency band usage plans of 5G systems in a timely manner to guide the development of millimeter-wave industry of 5G systems. Previously, the Ministry of Industry and Information Technology has designated a dedicated frequency band for the Internet of Vehicles.
In the eyes of many people in the industry, China's 5G is fully commercialized, and the Internet of Vehicles has become a definite opportunity, and the outbreak is imminent.
Sun Jianbo explained to reporters the logic of optimistic about the Internet of Vehicles: First, the network infrastructure, 5G enables the information transmission of the Internet of Vehicles; Second, automotive electronic hardware and software began to spread, and the development of semiconductor technology brought down the prices of sensors, chips and other hardware. Mobile Internet made applications more popular, and automotive electronic hardware and software entered a large-scale application period. Third, with the accelerated development of electric vehicles, the Internet of Vehicles has an energy base for large-scale application. With these three basic conditions, people, cars and the outside world (such as road surface) can realize efficient information interaction, so that the car networking can develop.
Pang Chunlin further emphasized the importance of 5G: the importance of 5G to the Internet of Vehicles lies in the fact that the information transmission between machines has fundamentally broken through the limitations of time, quantity, space and role. Therefore, 5G technology can become an important part and bearing foundation of the three major systems (fusion sensing system, information interaction system and intelligent computing system) of the future vehicle networking. Wang Yun, an associate researcher at the Institute of Microelectronics, Chinese Academy of Sciences, also said that 5G will solve the key requirements of "high bandwidth, low delay, and high reliability" for the communication network of vehicle networking.
so, will this round of car networking market repeat the mistake of 215-after the noise, "a chicken feather"? Sun Jianbo believes that from the development history of Internet and mobile Internet, after having the basic conditions, more applications and demands can be born, thus making the industry develop in a positive cycle.
"once the penetration rate of technology consumer goods reaches 1%, the impact on the economy will gradually appear, and the industry will enter a stage of rapid outbreak." Sun Jianbo emphasized the role of electric vehicles in promoting the Internet of Vehicles. He believed that electric vehicles would follow this law, and after three years, they would enter the explosive period and bring more kinetic energy to the Internet of Vehicles. The reporter found that the sales volume of new energy vehicles in China in 218 was 1.256 million, accounting for 4.4% of the total vehicle sales. Some institutions predict that this proportion will reach 6% in 219 and 1% in 22.
Pang Chunlin is more cautious. He believes that the full-scale car networking outbreak should be between 225 and 23, and the sign of the outbreak is the formal commercial application of 5G technology.
"Of course, if the 3G-based personal terminal car networking module is successfully promoted, the outbreak will be advanced." Wang Yun further refined the technical indicators and put forward the concept of network access ratio. "For example, maybe the network access ratio reaches 5%, which means that the Internet of Vehicles broke out."
Finding the certainty of just
car networking has become a global hotspot. CCID's car networking industry development report (219) shows that the global car networking has developed at a high speed. At present, the number of global connected vehicles has reached 9 million, and it is expected to increase to about 3 million by 22 and exceed 1 billion by 225. At present, more than 7% of newly assembled vehicles in China, Russian Federation, Western Europe and North America have been equipped with Internet interfaces.
With the promotion of policies, China Intelligent Networked Automobile ushered in a rapid development opportunity. In November 218, the Ministry of Industry and Information Technology issued the "Regulations on the Management of the 595-5925MHz Frequency Band for Direct Communication of the Internet of Vehicles (Intelligent Networked Vehicles) (Provisional)", and designated special frequency bands for the Internet of Vehicles. In December of the same year, the Ministry of Industry and Information Technology formulated the Action Plan for the Industrial Development of the Internet of Vehicles (Intelligent Networked Vehicles) to further promote the development of the Internet of Vehicles industry. Previously, the Ministry of Industry and Information Technology and the National Development and Reform Commission successively issued a number of policies, such as "Guidelines for the Construction of Vehicle Networking Industry Standard System (Intelligent Networked Vehicles)" and "Intelligent Vehicle Innovation and Development Strategy".
On the eve of the outbreak of the Internet of Vehicles, only by finding certain needs can we really grasp the investment opportunities. Sun Jianbo believes that just need is the spontaneous development and choice of the market and industry. Now he only focuses on the fields of charging, batteries and electronic services, and the application of car networking should be left to the market and users to choose.
combined with industrial experience, Pang Chunlin believes that the core parts of the Internet of Vehicles are intelligent hardware (perception+calculation+execution), communication network (short time delay, high bandwidth and large capacity) and sensitive algorithms (including cloud computing, central computing and edge computing) which can support information interaction, transmission and decision-making between machines. These emerging technologies and products are different from the traditional technical fields and have good investment value. Wang Yun further pointed out specific fields such as vehicle sensors, C-V2X communication technology, edge/cloud computing, information security of vehicle networking, high-precision positioning, and voice recognition technology.
in view of the industrial trends in 219, Pang Chunlin believes that the L3 level of self-driving in specific application fields and general-purpose vehicles should be practical application fields of the Internet of Vehicles, and can achieve phased results in the field of commercialization. It is reported that according to the relevant deployment, TIAA and China ICT Institute have completed the research experiment of intelligent traffic radio in 218, which can support the experiment of vehicle networking application frequency and agricultural direct communication (frequency 5915-5925MHz) released by the Ministry of Industry and Information Technology, which will also accelerate the commercial pace of vehicle networking.
capital and giants compete on the
wind, capital races quickly, and start-ups frequently get financing. Mushroom Zhixing recently said that it has completed a series A financing of $12 million. It is reported that the financing was led by Tencent, and JD.COM and Heima Zongheng participated in the investment. Mushroom Zhixing focuses on mobile Internet vehicle smart devices and provides vehicle networking solutions.
Driverless driving is favored by capital. On February 13th, Tucson, a driverless startup, announced in the future that it had completed a $95 million Series D financing at the end of 218. After this round of financing, the company's valuation exceeded $1 billion. Prior to this, Nuro, an American autonomous driving startup, also received $94 million in financing from Softbank's Vision Fund, after which the company had received more than $5 million in investment from Amazon and Sequoia Capital.
technology companies and internet giants have already competed for shares in the Internet of Vehicles. With its self-driving development platform NVIDIA DRIVE AGX Xavier, chip giant NVIDIA's circle of friends includes not only Tesla, but also domestic Internet car companies and traditional car companies such as Tucki, Singularity, FAW and Volvo.
BATH (Baidu, Ali, Tencent, Huawei) has already laid out the field of car networking in depth. Ali has announced a large-scale vehicle-road coordination plan in the autumn of 218. At the World Intelligent Networked Automobile Conference on October 18, 218, Ma Huateng announced the news that Tencent was doing in-vehicle WeChat. Tencent took the Internet of Vehicles as an important entry point for the industrial Internet of Things and formulated a smart travel strategy.
In the field of driverless driving, Baidu is already a "veteran" with good strength. In the fourth quarter of 218, Baidu said that the Apollo autonomous driving open platform has made breakthroughs in technology and commercialization. Huawei also regards the Internet of Vehicles as a new track. In June 218, it released the IoV platform, which is dedicated to creating a fully connected intelligent world that connects people, cars, roads and other things.
different from the previous "subversion", technology companies are developing in integration with traditional car companies. At the beginning of February this year, Guangzhou Automobile Group announced that it would cooperate with Tencent and invest 1 billion yuan to set up a mobile travel project platform company. It is reported that in addition to Guangzhou Automobile Group, Tencent has also carried out in-depth cooperation with Changan Automobile, BMW, FAW, Geely Holding, BYD and Dongfeng. With the Apollo platform, Baidu is bound with Chery, Hyundai and Mercedes-Benz. In addition to AliOS, Ali also cooperated with SAIC to incubate the zebra network.
A-share companies vie for the flow
In the view of Guojin Securities, electric vehicles, driverless cars and the Internet of Vehicles are the driving force trilogy of the semiconductor industry. By 225, the global automotive semiconductor market will have a compound annual growth rate of at least 11% to 13%, much higher than the compound annual growth rate of 4% to 6% of the industry.
Opportunities At present, a large number of A-share listed companies have already "conspired" to connect vehicles. As an automobile giant in China, SAIC has made an attack on all sides in the field of car networking. On March 1, 218, Shanghai issued the first batch of intelligent networked automobile open road test number plates in China, and SAIC and Weilai Automobile became the first companies to be photographed. The zebra network cooperated with Ali has been well received by the industry and has entered Roewe, MG, Datong, Dongfeng Citroen, Ford and other brands.
with the electrification of automobiles, power devices have a good opportunity for development. Anshi Semiconductor, controlled by Wentai Technology, has a deep accumulation in the field of power devices. Farah Electronics is the leader of thin film capacitors for new energy vehicles. The company's "Dongfu Expansion Project" was completed in 217, and the first phase is planned to have a supporting capacity of 3 million new energy vehicles.
autonomous driving has become a global trend. Yole predicts that by 221, China's ADSA (Advanced Driver Assistance System) and autonomous driving market will reach 42.6 billion yuan, with an average annual growth rate of 67%. At the level of listed companies, Oufei Technology actively deploys automotive electronics, and its main products include intelligent central control system, reversing image, 36-degree panoramic system, ADSA products such as car camera and millimeter-wave radar, and body electronics. An ADSA should be equipped with an average of 5 cameras, including 1 rearview camera and 4 panoramic cameras. The demand for car lenses has greatly increased. Lianchuang Electronics entered the supply chain of Trass in 216. At present, the company has developed more than 2 car lenses for Trass, NVIDIA and Mobileye.
On the eve of unmanned driving, listed companies in the fields of maps, positioning and navigation will take the lead, and Big Dipper, China Haida, SuperMap Software and Zhenxin Technology have attracted market attention. Gao Jianyu, investment director of the investment and financing department of Big Dipper, said that the next two years will be the window period for the key basic support technical standards of intelligent networking, such as 5G and car networking standards, and Beidou will also be laid out in 22 to become the standard of high-precision positioning technology for intelligent networked vehicles.
Gao Jianyu introduced that BDStar has cut into the direction of intelligent networked cars and intelligent cockpits from navigation. The company started to enter automotive electronics when it acquired Xugang, Shenzhen in 21. Later, it successively acquired and invested in Shenzhen Beidou, Germany in-tech Company, Sirun Tianlang, Jiangsu Zejing, and China National Automobile (Beijing) Intelligent Networked Automobile Research Institute Co., Ltd., and set up an automotive electronics research institute. The reporter found that at the end of 218, Big Dipper raised no more than 1 billion yuan for projects such as the capacity expansion and expansion of intelligent networked automotive electronic products.
with the rapid development of the internet of 5G booster vehicles, ICT (information and communication technology) and OEMs (vehicle manufacturer) companies have invested heavily in ambush. On the vehicle side, T-Box (remote information processor), a high-tech emerging front-mounted vehicle terminal, has been selected into BYD's supplier procurement list, and OBD (on-board diagnosis system), an aftermounted terminal, mainly focuses on European and Southeast Asian markets and enters Geely, BYD, Changan Automobile and other major manufacturers. In the field of upstream in-vehicle chips, as the leading promoter of the formulation of LTE-V (Workshop Information Interaction) standard, *ST Datang launched an LTE-V integrated solution for vehicle networking as early as 215, and also cooperated with Qualcomm to develop a chipset based on cellular vehicle networking.
Guojin Securities believes that from 219, the network is the biggest investment opportunity for the medium-term vehicle networking, which mainly includes the road test unit RSU, the communication base station meeting the standards of vehicle networking and the edge data center. *ST Datang and Neusoft Group can provide relevant communication terminal products, and ZTE can already provide test base stations.
(Article source: shanghai securities news)
(Original title: 5G has come to the car network and the outbreak is imminent)