Taiwan Shines at World's Top Auto Parts Expos

As the global automotive sector strives to make vehicles smarter, leveraging electronic technologies to enhance the driving experience and vehicle safety has become a key strategy for automakers and high-tech companies. This shift is creating tremendous market opportunities. According to Global Market Insights, the global automotive electronics market is expected to grow at a CAGR of 8% from 2023 through 2032.

The trend toward advanced automotive electronics is also boosting the popularity of trade fairs focused on auto parts and accessories. From Automechanika Frankfurt and AAPEX to INA PAACE, observations during CENS's participation in these exhibitions indicate that the growing demand for smart vehicle technologies is driving increased interest and attendance at these events.

IAAE - International Auto Aftermarket Expo (2024.03.05~03.07)

The 21st International Auto Aftermarket Expo takes place at Tokyo Big Sight South Hall 1-4 from March 5th to 7th, 2024. Recognized as Japan's premier aftermarket auto parts exhibition, the event draws a diverse audience, with 418 enterprises from Japan and around the world participating, utilizing 715 booths. This year's exhibition scale is the largest in history, with the number of exhibitors increasing by over 40%. Apart from Japan, the top three exhibiting countries include Mainland China with 156 exhibitors, Taiwan with 25 exhibitors, and India with 15 exhibitors.

Japan stands as the second-largest exporter of Taiwan's auto parts. In 2023, Taiwan's export value to Japan reaches $415 million, marking an annual growth rate of 13.8% and continuing a positive growth trend for three consecutive years. This underscores Japan's importance as a key market for Taiwan's auto parts industry.

The 2024 expo features a comprehensive range of items, including aftermarket parts, diagnostics and alignment systems, collision repair and refinish garage equipment and tools, rebuild and recycle equipment, accessories for both exterior and interior, tires, wheels and brakes, lights and electronic components, paints and chemicals, car wash and car detailing products, insurance and security solutions, business systems, autonomous vehicles and EV technologies, commercial and large-size vehicles, and various other related products and services.

AMPA - Taipei Int’l Automobile & Motorcycle Parts & Accessories Show (2024.04.17~04.20)

The "Taipei AMPA," "Autotronics Taipei," and "2035 E-Mobility Taiwan" exhibitions conclude on April 20th, showcasing a comprehensive "360° Mobility" theme. This event highlights the automotive and smart mobility ecosystem, featuring vehicle parts and accessories, automotive electronics, new energy solutions, vehicle safety, electric vehicles, and autonomous driving technology. It provides a robust platform for display and exchange within the industry.

2024 marks the 40th anniversary of Taipei AMPA, with leading companies such as Tong Yang, Nan Hoang, Depo, Hwang Yu, TW Racing, Coplus, and Eagle Eyes participating. Autotronics Taipei features notable companies like Hon Hai, Jet Opto, MITAC, Whetron, and Otobrite. The 2035 E-Mobility Taiwan exhibition brings together Master Bus, Zerova, SEEC, Delta, Texas Instruments, Advantech, and Clientron, covering vehicle, charging equipment, and smart transportation sectors. Altogether, the three exhibitions attract 1,000 companies from 19 countries, showcasing their innovations at 2,700 booths.

With 120 countries and more than 4,000 international visitors participating, the event promises significant business opportunities. According to information collected on-site by CENS, the largest number of international buyers come from Japan, followed by the US, India, Singapore, and Thailand.

Economic Daily News/CENS is also present at AMPA 2024 (Booth I0024), distributing the latest editions of "TTG-Taiwan Transportation Equipment Guide" and " Taiwan Hand Tools" to keep buyers informed about suppliers and industry trends. Additionally, CENS' publication team offers a "Real-Time Business Opportunity Matching Service," utilizing an e-matching system and on-site experts to quickly and accurately connect high-quality Taiwanese suppliers with international buyers. This service has received much positive feedback since its inception.

Automechanika Ho Chi Minh City (2024.06.20~06.24)

With its rapid economic growth and strategic reinforcement of its automotive supporting industries, Vietnam is becoming an increasingly compelling destination for firms eyeing international expansion. Automechanika Ho Chi Minh City shines a spotlight on this transformation, highlighting the country’s potential as both a lucrative market and a burgeoning production hub. The show returns to the Saigon Exhibition and Convention Center (SECC) from June 20 to 22, 2024. It serves as an ideal gateway into Vietnam and relevant international markets, featuring specialized zones and a varied event program that provides firsthand insights into the country’s growing automotive industry.

During the exhibition, Economic Daily News/CENS has a booth onsite (AH12), facilitating business information for both suppliers and buyers. Additionally, an exhibition group comprising many high-profile Taiwan suppliers is present. This group includes Gamela, Casp Auto Parts, Evit International, Orient Development, Daqian Brake System, and ChangYuan Electronic Material, among others.

INA PAACE Automechanika Mexico City (2024.07.10~07.12)

Gear up! Mexico has become a major player in the automotive industry, ranking as the world's fourth-largest manufacturer of auto parts and accessories. Not only that, it's the seventh largest car producer globally. This powerhouse puts its parts to good use too, with a whopping 90% exported, making it the top supplier to the United States.

The North American market is experiencing significant growth thanks to the USMCA agreement implemented in July 2020, which has spurred investment in the Mexican auto sector and attracted manufacturers worldwide. Taiwan, one of the top five investor countries, exemplifies this trend. According to Taiwan's Ministry of Finance, Taiwan's exports to Mexico reached 1.81 billion U.S. dollars from January to April 2024, marking a record high for this period and representing a 31.8% annual increase. Over the past five years, Taiwan's exports to Mexico have surged by 90%.

In 2023, Mexico is set to officially surpass China as the top U.S. importing country, leading to substantial investments in automobiles, electronic parts and components, and semiconductors. By investing in Mexico, companies can take advantage of trade preferences when selling final products to the U.S. This strategic position has made Mexico the biggest beneficiary of the China–United States trade war, effectively doubling its benefits as the gateway to the U.S. manufacturing industry.

INA PAACE Automechanika Mexico stands as the most significant automotive trade show for the automotive industry in Mexico and Central America. Held annually in Mexico City, this premier event attracts thousands of attendees from across the automotive sector. According to data from the organizer, the 2023 edition welcomed over 27,000 visitors from 39 countries, showcasing its global reach and influence.

In 2024, the show will feature several product groups for exhibition, including Automotive Parts & Systems, Accessories & Tuning, Repair & Maintenance, IT & Management, and Service Station. Among the exhibitors are top-tier Taiwan suppliers such as Fair Sun Industrial, Moisture 22, Ko Ying Hardware, Chimei Motor Electronics, TEDSCO, and Just In Fitting, showcasing their latest innovations.

Automechanika Frankfurt (2024.09.10~09.14)

Germany, renowned as the world's leading market for automobiles and electric vehicles, will host Automechanika Frankfurt 2024, the world's largest auto parts show. In 2022, this well-known event gathered 2,804 exhibitors on-site and attracted nearly 78,000 visitors. This prestigious event is a must-attend for internationally renowned automotive parts manufacturers, system suppliers, and vehicle manufacturers.

Taiwanese suppliers will not miss this golden opportunity to showcase their latest innovations. They will form a Taiwan Pavilion in Hall 9.1, featuring notable companies such as Keenco Industrial, Tair Wang, Hsiang Yao, and Singform.

In addition to the expansive trade fair, the event features several informational forums and special areas designed to immerse both suppliers and buyers in cutting-edge technology and the latest industry insights. One highlight is the "High-Class Expert Forum: Innovation4Mobility," which covers a wide range of topics related to the transformation of the mobility industry. These include e-mobility, vehicle-integrated photovoltaics, vehicle-to-grid technology, sustainable fuels, hydrogen applications in automotive, data platforms, connectivity, software-defined vehicles, connected cars, AI in cars, and digital transformation.

AAPEX (2024.11.05~11.07)

AAPEX is the must-attend event for anyone in the global automotive aftermarket. It spotlights the latest innovations and trends, helping attendees and their businesses thrive in an ever-changing industry. With a long-standing presence in the automotive aftermarket industry, Taiwan showcases its prominence at this year's show with more than 230 exhibitors, securing its position as the third-largest participating country, surpassed only by the U.S. and China.

Collaborating with Economic Daily News/CENS, various industry associations, including the Importers & Exporters Association of Taipei (IEAT), Taiwan Transportation Vehicle Manufacturers Association (TTVMA), Changhua County Industrial Association (CHCIA), Taiwan Forging Association, KABA, Kaohsiung Automobile Dealers Association, and Taiwan Auto/Motorcycle Parts R&D Alliance, have come together to establish a vibrant Taiwan Pavilion. This collective effort consists of 92 manufacturers spanning 117 booths, more than doubling the exhibitor count from the previous year, making it the largest exhibition group representing Taiwan.

The show unites the $1.8 trillion global automotive aftermarket industry, historically drawing around 2,500 exhibiting companies from around the world. These exhibitors display innovative products, services, and technologies that keep the world’s 1.5 billion vehicles on the road. AAPEX provides advanced technical and business management training for professionals to maintain excellence and elevate their businesses to the next level. Industry buyers include automotive service and repair professionals, auto parts retailers, independent warehouse distributors, program groups, service chains, automotive dealers, fleet buyers, and engine builders.

Automechanika Dubai (2024.12.10~12.12)

Automechanika Dubai, the largest international trade show in the MEA region for the automotive aftermarket and service industry, showcased an impressive array of products in its 2023 edition. Exhibitors from over 55 countries presented more than 2,000 products across eight distinct sections, highlighting the event's extensive scale and global reach.

This exhibition serves as a crucial platform for industry players to connect, engage in meaningful conversations, explore new partnerships, and stay abreast of the latest market trends. In 2024, the event has gone from strength to strength, featuring market leaders from the automotive sport, workshop equipment, tires and batteries, parts and systems, repair and maintenance, and accessories & tuning industries worldwide. Scheduled from December 10 to 12, 2024, at the Dubai World Trade Centre, it promises to be a landmark event in the industry calendar.

As the world's premier exhibitions showcase cutting-edge innovations across industries, Economic Daily News/CENS stands out for its unwavering dedication to the automotive sector. The influential media outlet has carved a niche as a catalyst for business opportunities, connecting buyers and suppliers while providing the latest insights into the dynamic auto parts industry.

What sets Economic Daily News/CENS apart is its commitment to facilitating real-time business matchmaking at major trade shows. Through its strategic on-site presence, the platform enables professional buyers to directly engage with Taiwan's leading manufacturers, fostering invaluable connections and opening doors to potential partnerships.

With a finger on the pulse of the automotive market, Economic Daily News/CENS ensures that its services transcend mere information exchange. Its comprehensive approach seamlessly aligns the needs of buyers with the capabilities of Taiwanese suppliers, streamlining the process of forging mutually beneficial relationships that drive innovation and growth within the industry.