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In 2016, sales of the cable industry exceeded CNY 1 trillion. Products are concentrated in the mid to low-end markets.
CRI estimates that by the end of 2021, the reserve volume of smart TVs will have exceeded 300 million. There is plenty of room to grow in the next few years and other audio and visual devices will also benefit.
According to CRI, after a decade of fast growth of the electronics industry, China's semiconductor material market has become the world's largest with a market size of over USD 9 billion, accounting for more than 20% of the world.
CRI estimates that in 2016, the production value of the passive component industry was over USD 20 billion, 66% of which were capacitors, valued at USD 15 billion.
CRI estimates that in 2016, the total production volume of electronic components in China was over 3 trillion, increasing over 2015.
By the end of 2016, there were about 1,500 PCB enterprises in China, mainly located in Pearl River Delta, Yangtze River Delta and Bohai Rim areas, but most enterprises earn sales revenues of less than CNY 100 million.
China mainly exports low-end industrial automation control systems and devices, optics devices, medical devices, electrical devices, experiment analytical instruments and weighing apparatus.
In 2015, sales revenue of China's integrated circuit industry exceeded CNY 360 billion. And CAGR is over 16% from 2011 to 2015.
According to the National Bureau of Statistics of China, the production volume of integrated circuits was 86.71 billion at the growth rate of 10.4% YOY in 2013. The actual production volume is larger because that of small and medium-sized enterprises is not involved.
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