Taiwan’s auto accessory and autronics have the most complete industrial value chain in Asia.

(I) The Scale of Global Automobile Industry

The majority of the main automobile markets used to be in North America, West Europe, and Japan, etc.; however, significance have been decreasing by degrees, the demands of the automobile market of countries such as North America and Japan both faced the situation that appear to be decreasing year by year. Comparatively, in China and India, the automobile market rises at high speed have been driving their local gt production of cars raise rapidly.

According to the estimation of Automotive News Magazine (U.S.), the global output value of automobile components in 2007 totals USD605 billion, compare with 2006, it represents a 7.1% growth rate . It is predicted that the figure will increase to USD742.8 billion in 2010. The main growing regions are emerging countries like Mainland China, India and Eastern Europe by low production costs and local demands and facilitate the rise of the industry. Meanwhile, the growth of the automobile component industry in countries like North America and Japan will stand idle.

(II)automobile electronics market development

The rapid development of information and communications industry and the Internet drive the global knowledge, economy, actions have been changed at one time. Fast development contributes more convenient, comfortable, and efficient situation to users.

Since semi-conducting technology is getting in an advanced progress, traditional mechanical components have gradually been replaced by electronic ones. Plus, the demands of safety, comfort and green energy saving that consumers request have led the automobile electronics industry to a positive growth. It is estimated that industry gross output value would reach USD$147 billion in 2007, and going up to USD$170 billion in the year of 2010.

  Global Market Size Estimate for Automobile Components

(III)The Status Quo of Automobile Components & Auto Electronic Industry in Taiwan

Taiwan’s auto accessory and autronics have the most complete industrial value chain in Asia. The manufacturers involve in mechanical components, sheet Metal, mold, tire, lighting, illumination, control, automobile multimedia, burglarproof system, Car Reversal Radar/PDC (parking distance control), motor, and TPMS (Tire Pressure Monitoring System). And it also plays an important role in global after-sales service.

As for Taiwan’s auto industrial navigation, GARMIN devotes to GPS and other consumer product and Mio-Tech dedicates to navigation product. Lite-on, auto multimedia, has global overall arrangement on auto CD-ROM drive and gaming machine. Quanta Storage is good at producing DVD Player. Manufacturers on rear-view mirror area like MOBILETRON and Wain Dart International Co., Ltd; the main suppliers of LED light are USI and LITEON.

(IV)Optimal choices for investment

According to the study from ARTC, the most competitive items in autotronic industry include: Telematics System、GPS system、headlights、 traditional fittings to be intelligent(airbags 、seatbelts 、seats) 、LED headlights、key components (sensors, MCU)、Parking Distance Image,Assistant System 、TPMS、Lane Maintaining system 、Navigator GPS System、Night System、Communications and New Energy. Among those products, Telematics System、Headlights、LED Headlights、Parking Distance Image Assistant System and TPMS.

(V)Taiwan Value

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Telematic System
Taiwan has presented a complete IT industrial supply chain, and with the support from researching experts, automobile monitors, DVD players, audios, storage equipment, and digi-converters are categorized as Telematic systems which already performed as pretty competitors in the market. In the field of these products, Taiwanese companies not only open and build up an AM (After-Market) for customer service, but some companies also successfully run their business in the market of OE (Original Equipment).

GPS
Taiwan plays a international competitive role in the field of automobile navigation systems and assembling quantity of automobile navigation product stands on the first place in the global world. As to other countries such as some developing and rising countries in Asia, automobile navigation market is not popular yet. But it is estimated that the market will be taken up till 2010 and this is going to be a great opportunity for Taiwan GPS makers.

LED
Taiwan LED lighting companies also present competitiveness in the world. LED headlights will be the main stream of headlight system of next generation due to the feature of energy saving quality. And Taiwan also do an excellent job on manufacturing parking distance assisting systems (with ultrasonic sensor built in), CMOS sensor for automobile, Parking CMOS Image and TPMS.

There are excellent information, communications and automobile electronics makers in Taiwan, besides, Taiwanese IC design and semi conducting makers are doing an excellent job in the world, as well. By holding a global automobile electronic sales, great mass production, and manufacturing technology in hands, Taiwanese firms, if well collaborating with foreign companies and making alliances along, must find a significant position in the market of Asia and even in the world.

http://twbusiness.nat.gov.tw/pdf/industry/19-Automobile-Components&Auto-Electronics-en.pdf

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