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MCU price increase of 5-10% in the third quarter, shortage of next year to ease the phenomenon

The latest report from Sigmaintell, a third-party organization, pointed out that the global car sales in the first three quarters of 2022 will be about 58.2 million vehicles, down 3.3% year-on-year. It is expected that the annual sales will be about 80.8 million vehicles. The same as last year.

The report predicts that car sales in China will reach 27 million in 2022, exceeding the level before the epidemic. From January to October, the production and sales of new energy vehicles were 5.485 million and 5.28 million respectively, an increase of 1.1 times year-on-year, and a market share of 24%.

In terms of automotive MCUs, Sigmaintell said that the market price of automotive MCUs will increase by about 5-10% in the third quarter of 2022. After entering 2023, the shortage of automotive MCUs will gradually ease, and the supply and demand throughout the year will return to a relatively benign level. state. However, due to the rapid growth of new energy vehicles, the absolute demand for automotive MCUs is still in a stage of substantial increase, and the price of MCUs is still difficult to decline in the short term, and it is expected to decline by 2024.

In addition, Sigmaintell forecasts that global sales of new energy vehicles will reach 28.8 million by 2027. Compared with an increase of about 235% in 2021, the average number of bicycles with functional chips such as MCU and storage will also double.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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