Intelligent Controller Industry in China 2015-2020: Market Analysis, Size, Share, Growth, Trends and Forecast
In 2014, the global smart controller market reached $ 1.18 trillion. Automotive electronics intelligent control products makes up about 20% of the market share, while household appliances account for about 15.3%. Small electrical appliances intelligent control products has undergone rapid growth in recent years, which outnumbers that of large scale electrical appliances. China demonstrates great market potentials for the industry and is expected to reach RMB1.55 trillion by 2020.
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