In recent years, the trend of automobile intelligence and electrification has continued to develop, and automotive electronics have been widely used in various fields of automobiles, from the initial electronic control of engine fuel and electronic ignition technology to advanced driver assistance systems (ADAS). Benefiting from the rapid growth of the automotive electronics market, automotive electronics applications have gradually become the pillar income of major passive component manufacturers in the world. And with the development of the "new four modernizations" of automobiles, autonomous driving chips will also become a new track for overtaking in the field of automotive chips. Under the current challenge of automotive chip shortages, accelerating the breakthrough innovation of AI chips is a severe reality that the automotive industry cannot avoid.
Driven by the trend of automobile electrification, intelligence and networking, automotive electronics are becoming increasingly important. As intelligent and networked vehicles are listed as one of the country's important strategic directions, the growth potential of the automotive electronics industry is expected to be further released. From another perspective, automotive electronics has become a new growth point for the electronics manufacturing industry, providing new development opportunities for my country's electronics manufacturing special equipment manufacturers.
As the world's largest automobile producer and consumer, my country's automotive electronics market will also gradually slow down as the country's automotive industry enters a stable development stage. In addition, the domestic automotive electronics market currently mainly relies on the original equipment market. With the continuous increase in the number of domestic cars, there is still a lot of room for the development of in-vehicle automotive electronics products. It is estimated that by 2026, the market size of my country's automotive electronics industry will grow to US$148.6 billion.
In this context, the 2022 Guangzhou International Automotive Electronics Technology Exhibition, a leading automotive electronics technology exhibition in Asia, hosted by Watson Exhibition Group and various associations, will be held in Guangzhou Poly World Trade Expo Center from May 24 to 26, 2022. As one of the six special exhibitions of AUTO TECH 2022, it will be presented together with the Internet of Vehicles Technology Exhibition, EV Technology Exhibition, Autonomous Driving Technology Exhibition, and Automotive Test and Measurement Technology Exhibition, bringing together various automotive electronics technologies such as vehicle systems, electronic components, materials, software, manufacturing equipment and testing. Automotive OEM manufacturers and Tier 1 parts suppliers from all over the world will visit the exhibition, which is a high-end exhibition platform for automotive engineers from all over the world to communicate! Jointly explore new opportunities in the automotive electronics industry market!
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