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2024 Korea Automotive Industry ExhibitionTime: October 16th to 18th, 2024 Location: KINTEX, Seoul Host: South Korean Ministry of Industry, Commerce and Energy Scale: 1100 booths, 350 businesses Cycle: once a year ▊Market Introduction: Northeast Asia is one of the top automobile production and consumption markets in the world. In recent years, the automobile industry in Northeast Asia has continued to grow steadily, with automobile production accounting for 30% of the global total. The automobile market is full of vitality. With various advantages, the South Korean Ministry of Industry, Commerce, and Resources, the Gyeonggi do government, the Korea Trade and Investment Revitalization Corporation (KOTRA), and the Korean Automobile Industry Internationalization Consortium (ain global) collaborated to create the Korea Automobile Industry Exhibition (KOAASHOW), which was a great success. Since its establishment in 2004, the Korean auto parts exhibition KOAASHOW has attracted the attention of exhibitors and buyers from Asia, Europe, the Middle East, Africa and other parts of the world; The number of foreign exhibitors is increasing year by year. ▊Exhibition Overview: KOAASHOW is a major automotive parts exhibition in South Korea, with numerous exhibitors and visitors; It is also an industry exhibition organized by the central government of South Korea and supported by multiple local governments. In order to facilitate communication between exhibitors and buyers, the Korean Auto Parts Exhibition has also set up an ONE-ON-ONE buyer matching center. The previous KOAASHOW Auto Parts Exhibition in South Korea had a scale of nearly 18000 square meters, with 316 companies from countries and regions such as South Korea, China, Japan, India, the United States, the United Kingdom, Italy, Indonesia, etc. participating, attracting nearly 9236 visitors from 62 countries and regions. The exhibition results are comparable to the world-renowned Las Vegas Auto Parts Exhibition, Frankfurt Auto Parts Exhibition in Europe, and Paris Auto Parts Exhibition. ▊Exhibition scope: Parts and materials: engine, powertrain, suspension, steering, braking, body and exterior, interior, HVAC, etc., bearings, bolts/nuts, springs, corrugated pipes, Oring, rubber, pipes, tape, tape, pipes, steel, metal, etc., Paint, silicone, sealant, plastic, polymer, glass and other batteries: electric vehicles (passenger/commercial/motorcycle), batteries, BMS, chargers, motors, inverters, condensers, switches, sensors, actuators, wiring harnesses, coils, relays, ECU and other accessories: sunshades, carpets, mats, seat covers, wheel covers, LED side mirrors, snow chains, carriers, tires, wheels, shock absorbers, silencers, spoilers, turbochargers, etc, Maintenance of disc, oil, lubricant, adhesive, additive, air fragrance, cleaner, etc., equipment and facilities: heat exchanger, wheel alignment, elevator, heating dryer, maintenance tools, etc., microscope, X-ray, scanner, analyzer, battery tester, design program, etc., welding machine, assembly line, marking machine, surface treatment, robot and other IT/infotainment systems: autonomous vehicle technology and products, Wireless communication technology and products, semiconductors, computers, cameras, navigation, Blackbox, TPMS, HUD and other modified vehicles and aftermarkets: whole vehicle modified vehicles: automotive vehicles, motorcycles, sports cars, and automotive product hubs, tires, automotive interiors, etc; Accessories: automotive parts, sports car products, motorcycle parts, tires, wheels, air conditioning, car audio, lighting, anti-theft, electronic devices, automotive electronics and technology; Service equipment: car maintenance and beauty products, car tools and equipment, repair products, etc
[Reasons for participating in KOAASHOW] 1. South Korea has good logistics conditions in Northeast Asia. 33% of the world's sedan production comes from South Korea, China, and Japan. These three countries also enjoy a 10% high growth rate in the automotive industry. The Korean market is very important for entering the Northeast Asian market. South Korea itself has an excellent foundation in the automotive industry. 2. South Korean car manufacturers are expanding their outsourcing of car manufacturers and parts suppliers. The relationship between car manufacturers and parts suppliers is beginning to split to promote market competition. Car manufacturers are expanding their resources overseas. 3. The trend of opening up the Korean automotive industry market. Currently, the number of foreign imported cars is soaring—— The average annual growth rate of imported car registration exceeds 30% - the market share of imported cars is expected to reach at least 15% within 2-3 years. The demand for after-sales market parts and automotive supplies is rapidly increasing. 4. The KOAA exhibition is an important annual event for the procurement department of Korean car manufacturers and first tier suppliers, with a focus on business. It is specifically designed to arrange business meetings for exhibitors and Korean buyers. 5. The large automotive exhibition in South Korea has many exhibitors from South Korea Exhibitions hosted by the central government and supported by multiple local governments |
