With the rapid development of information technology, VLSI, as the core of modern electronic equipment, is ushering in unprecedented development opportunities. From smartphones to high-performance computing, from the Internet of Things to autonomous driving, VLSI is used in every corner of technology. This article will discuss the current state of the VLSI market, technology development trends, policy environment, and market competition landscape.
Market size and growth drivers
The global VLSI market has grown steadily over the past few years, and this trend is expected to continue in the coming years. According to market research, the global VLSI market is expected to grow at a CAGR of 5.7% between 2018 and 2028, while the Chinese market is expected to grow at a CAGR of 15.4%. This growth is mainly due to the application and promotion of emerging technologies such as 5G, artificial intelligence, and the Internet of Things, as well as the recovery of the downstream consumer electronics market after continued weakness.
Industrial chain and technological innovation
The VLSI industry chain covers the whole process from raw materials, equipment, design, manufacturing to packaging and testing. Among them, the technical requirements of wafer manufacturing materials and equipment are extremely high, which is a key link in the industrial chain. With the advancement of technology, such as the application of TDDI (Touch and Display Driver Integration) technology, VLSI is becoming more integrated and high-performance. In addition, technological innovations in audio amplifier chips, such as analog/digital hybrid technology, are also driving the supply side of the market.
Figure: VLSI is booming
Policy environment
The Chinese government has a long history of supporting the IC industry and has stepped up its efforts in recent years. From the initial attention in 2000, to the national strategic level in 2014, and then to the increased support after 2020, the Chinese government has comprehensively promoted the development of the integrated circuit industry through tax incentives, strategic research layout and other measures. These policies not only promote the growth of local enterprises, but also provide a strong guarantee for the rapid growth of the VLSI market.
Market competition and localization
In the VLSI market, the rise of domestic enterprises is particularly eye-catching. In the field of capacitive touch chips and audio amplifier chips, domestic representative companies such as Goodix Technology and Haili are continuously increasing their market share through technological innovation and localized service experience. With the advancement of domestic substitution, the share of domestic enterprises in the capacitive touch chip market continues to expand, showing strong competitiveness.
Market Trends & Outlook
Looking ahead, the VLSI market will continue to develop in the direction of increasing localization rate and technological innovation. With the rapid development of emerging applications such as smart home, AR/VR, and smart wearable devices, the application scenarios of VLSI will become more diverse. At the same time, domestic enterprises will continue to deepen technological innovation and provide a full range of solutions to meet the market demand for high-performance, low-power VLSI products.
At present, the VLSI market is standing at a new starting point, and the wave of technological innovation and localization will become the main force to promote the development of the market. With the continuous emergence of emerging applications and the continuous optimization of the policy environment, the VLSI market will usher in a broader space for development, injecting new vitality into the development of the global electronic information industry.
