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Taiwanese Brands to Showcase Their Latest Automobile Technology at AAPEX 2017
Published: Oct 30,2017Taiwan’s leading auto parts brands will showcase their latest automobile technology at the Taiwan Excellence Pavilion at AAPEX 2017, being held October 31-November 2 at the Sands Expo in Las Vegas, Nevada.
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With the increasing importance of telematics and vehicle safety issues, Taiwan is leveraging its outstanding ICT technology and is ready to provide superior quality solutions for global buyers. The latest products in ADAS, automobile surveillance solutions and Intelligent IVI System will be highlighted at the Taiwan Excellence Pavilion this year. Other featured products include: smart HUD, TPMS, dash cameras, head lamps, tires and mini digital torque wrenches.
For years, Taiwan’s auto parts have been globally known for their high quality and innovation. 90% of Taiwan’s auto parts output is for export. In 2016, export value of Taiwanese auto parts was around US $6.93 billion. Major export markets are the US, Japan, China, UK, Australia, Mexico, Canada, and Germany, among which the US is the largest exporting market for Taiwan, occupying 43.5% of Taiwan’s total export amount. Well-known for its tight central-satellite factory system, high production flexibility, fast development time, and highly customized service, Taiwan has been a reliable partner for many car brands and automotive aftermarket distributors.
Taiwan’s main export products are aftermarket parts and accessories, such as lamps, bumpers, rearview mirrors, wheels and rims, interior and exterior plastic parts, collision parts and tires. Approximately 80% of Taiwan exports go to the global aftermarket, making Taiwan one of the most important supply bases for AM replacement auto parts.
Taiwan’s auto lamps production value is highest in the world, occupying 60%-70% of the global auto lamp aftermarket. Taiwan’s collision parts value is also a global pinnacle, with its rubber & plastics parts capturing 70% of the global market, and auto metal plates securing 35% of the global market.
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