The largest professional exhibition in Korea's auto parts and aftermarket
Since its inception, Automotive Week has attracted the attention of exhibitors and buyers from all over the world, including Asia, Europe, the Middle East, and Africa, and the number of foreign exhibitors has increased year by year.
Attractive: The exhibition is the largest professional exhibition in the Korean industry and is supported by many local automobile industry associations. In order to facilitate the communication between exhibitors and buyers, various B2B and B2C activities are specially set up during the exhibition.
High degree of internationalization: The scale of the last exhibition was nearly 35,000 square meters. A total of 219 companies from South Korea, China, Germany, Japan, the United States and other countries and regions participated in the exhibition, attracting 62,271 professional visitors.
High innovation: The exhibition represents the latest industry trends, all relevant new products and new concepts are displayed here, the range of exhibits is complete, and the audience is highly professional. Exhibiting a wide range of exhibits, covering auto parts, electric vehicles, maintenance tools and machines, tires, decorative parts and car care products.
Market analysis
Northeast Asia is one of the world's largest automobile producers and consumer markets. In recent years, Northeast Asia's automobile industry has continued to grow steadily. Automobile production accounts for 30% of the global total, and the automobile market is full of vitality. Although South Korea's automobile manufacturing history is very short (only more than 50 years), it has now developed into the fifth largest automobile manufacturer in the world and the sixth largest automobile exporter. 33% of the world's car production comes from South Korea, China and Japan. These three countries also enjoy a high growth rate of 10% of the automobile industry; the Korean market is very important for market participation in Northeast Asia; South Korea itself has an excellent automotive industry foundation. In the early days of the automobile industry, South Korea only assembles auto parts imported from the United States and Japan into finished products, but now, South Korea has entered the ranks of the world's advanced automobile manufacturing powers. Northeast Asia is one of the world's largest automobile producers and consumer markets. In recent years, Northeast Asia's automobile industry has continued to grow steadily. Automobile production accounts for 30% of the global total, and the automobile market is full of vitality.
South Korea has the best logistics conditions in Northeast Asia, and 33% of the world's car production comes from South Korea, China and Japan. These three countries also enjoy high growth in the auto industry of 10%. At the same time, Korean OEMs began to expand outsourcing, and the relationship between OEMs and parts suppliers began to split to promote market competition. At this stage, the number of foreign imported cars is soaring - the average annual growth rate of imported car registrations exceeds 30%, and the market share of imported cars is expected to reach at least 15% in 2-3 years. China's automobile industry has a long industrial chain, high degree of correlation, and strong consumption, and has become an important pillar industry of my country's economy. my country's auto parts products have a certain reputation in the world in terms of quality and price, and have good market prospects in South Korea.