Annual Report 2024

Management Discussion and Analysis 管理層討論與分析 08 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2024 市場回顧 回顧二零二四年，全球經濟雖延續復甦態勢， 但仍面臨諸多挑戰。地緣政治衝突、通脹壓力 以及國際貿易波動等因素持續影響全球經濟的 增長。相比之下，中華人民共和國（「 中國 」）經 濟展現出強勁韌性，政策支持與科技創新為各 行業注入新動力。在政策引導和市場需求的雙 重推動下，各行各業呈現穩中有進的發展格局。 隨著全球經濟的逐步復甦、消費者購買力的提 升以及各國政府出台對汽車行業的支持政策， 二零二四年全球汽車市場整體呈現穩健增長態 勢，其中新能源汽車市場表現尤為突出。根據 市場調研機構北京群智信息技術諮詢有限公司 發佈的最新數據顯示，二零二四年全球新能 源汽車銷量達約 17,800,000 輛，同比增長約 22.8% 。與此同時，汽車電氣化、數字化和智 能化進程的加速推動了傳感器技術的升級迭代 以及智能駕駛系統和智能座艙的廣泛應用，也 提升了車載攝像頭的市場需求。車載攝像頭正 朝著高清化、智能化、集成化和高可靠性的方 向發展，以滿足智能駕駛對感知系統的需求。 此外，隨著汽車自動駕駛等級和智能交互水平 的不斷提升，激光雷達、抬頭顯示（「 HUD 」）及 智能車燈等新興車載相關產品的市場需求持續 增長，未來前景廣闊。 MARKET REVIEW Looking back at 2024, while the global economy continued its recovery trend, it still faced numerous challenges. Factors such as geopolitical conflicts, inflationary pressures, and fluctuations in international trade continued to impact global economic growth. However, the economy of the People’s Republic of China (the “ PRC ” or “ China ”) showed remarkable resilience, with policy support and technological innovation injecting new momentum into various industries. Driven by both policy guidance and market demand, all sectors showed a stable yet progressive development pattern. With the gradual recovery of the global economy, the improvement in consumer purchasing power, and the supportive policies introduced by various governments for the automobile industry, the global automobile market in general showed steady growth in 2024, with the new energy vehicle market performing especially well. According to the latest data released by the market research firm Beijing Qunzhi Information Technology Consulting Co., Ltd., global sales of new energy vehicles reached approximately 17,800,000 units in 2024, representing a year-on-year growth of approximately 22.8%. At the same time, the rapid advancement of vehicle electrification, digitalization and intelligence has propelled the upgrade and iteration of sensor technology, as well as the widespread application of intelligent driving systems and smart cockpits, enhancing market demand for vehicle cameras. Vehicle cameras are evolving towards higher definition, intelligence, integration, and high reliability to meet the demands of perception systems in intelligent driving. Moreover, with the continuous improvement in autonomous driving levels and smart interaction capabilities, the market demands for emerging vehicle related products such as LiDAR, heads-up displays (“ HUD ”) and smart headlamps is experiencing ongoing growth, indicating a promising future.