In recent years, with the introduction of 5G technology development, intelligent hardware ushered in a new round of transformation and upgrading. China's smart hardware development will realize a breakthrough in 2021. Broken down, in addition to smartphones, the new round of growth will be in the smart home, smart wearables market.
In addition, the competitive pattern of smartphones is relatively stable, smart home, smart wearable devices and other market segments concentration to be further improved, it is expected that more competitors will join in the future, the degree of competition in the industry market-oriented increasingly intense.
Major listed companies in the smart hardware industry: At present, domestic listed companies in the smart hardware industry mainly include Xiaomi Group (01810.HK), Lexin Medical (300562), Lenovo Group (00992.HK) and so on.
The core data of this article: market size product structure shipments
Market size exceeds trillion
China's intelligent hardware industry market size in 2014-2019 increased year by year, reaching 643 billion yuan in 2019, a year-on-year growth of 25%. 2020, the outbreak of the new crown epidemic, making the market demand for intelligent hardware terminal equipment to reach a high point in recent years, preliminary estimates, in 2020 China's intelligent hardware equipment market size of 1,076.7 billion yuan.
Smart wearable, smart home dominates
Smart hardware industry segmented into smart mobile communications, smart robots, smart home devices, smart wearable devices, smart car networking devices, smart big screen devices, smart medical devices, smart home health devices, smart security devices, etc. In 2020, China's smart hardware industry is dominated by smart home devices, accounting for 30.6%; followed by smart wearable devices, accounting for 20.0%.
With the country vigorously promote "China's smart manufacturing", a series of favorable policies, the forward-looking view, the future growth of the larger segments of the space for smart wearable devices, smart home devices, etc..
2014-2020, China's smart wearable devices market size increased year by year, reaching 55.9 billion yuan in 2020, an increase of 2%. Foresight believes that smart wearable devices belong to the elastic demand, the epidemic in 2020 led to most of the demand is temporarily suppressed, 2021 will be a new round of demand outbreak point.
Based on Canalys data, China accounts for two of the top five global wearable device companies in 2020. Among them, Xiaomi topped the list, with shipments of 377,000 units, accounting for 20.3%, Huawei ranked third, with shipments of 322,000 units, accounting for 17.4%.
Currently, Chinese companies in the global wearable device market accounted for 52.5% of the share of the global wearable device market, the forward-looking view that, with the further domestic epidemic to take the lead in repairing, China's wearable device market share is expected to be further enhanced in 2021.
2015-2020, China's smart home market size increased year by year, in 2019, reached 153 billion yuan, a growth rate of 18.4%, is expected in 2020, the smart home market size of 182 billion yuan. In addition, IDC data show that China's smart home device shipments in 2020 was 200 million units, a year-on-year decline of 1.9%, is expected to rebound in 2021.
From the enterprise point of view, the current smart home to the United States, Haier and other veteran enterprises, to win with its national degree as well as a rich product line, but the forward-looking view that with more focus on a single product of enterprises to enter the market, as well as the national expansion of domestic demand, the international and domestic double-cycle policy to guide the growth of the smart home segments of the emerging forces of the enterprise has more room for growth.
Active financing activities, the future of the industry chain is more complete
2015-2020, China's intelligent hardware industry financing events fluctuation decline, financing amount year by year incremental increase, indicating that the single financing scale to further expand the capital began to focus on it. 2020, the intelligent hardware industry financing events reached 342 cases, the The amount to 109.816 billion yuan, a new high in recent years.
January-April 2021, the amount of financing was 93.984 billion yuan, accounting for 86% of last year's total financing amount. Foresight believes that with the further expansion of the financing scale in 2021, the industry chain of the intelligent hardware industry will be further improved, and there is more room for growth in market size.
2026 scale is expected to exceed 2 trillion
Combined with the trend of industry development and the demand of the terminal market will be further opened, in accordance with the neutral prediction, 2020-2026 China's intelligent hardware industry market size will maintain a relatively rapid development, in accordance with the 20% compound annual growth rate is expected to, by According to the neutral forecast, the market size of China's intelligent hardware industry will maintain rapid development from 2020 to 2026, and according to the 20% compound annual growth rate, the market size of China's intelligent hardware industry in 2026 will reach 2 trillion yuan.
-- The above data refer to China Intelligent Hardware Industry Development Outlook and Investment Strategy Planning Report
.