AUTO TECH 2024 Guangzhou International New Energy Vehicle Power Semiconductor Technology Exhibition booth reservation is in progress

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It is expected that the global penetration rate of new energy vehicles will reach 20% by 2025, with China leading the world with 34%. We assume that global automobile sales, including those in China, will grow slowly at an annual rate of 3% after 2021, while new energy vehicles will maintain a high growth rate. It is estimated that global automobile sales will reach 90.2 million units in 2025, with a penetration rate of 20% for new energy vehicles and a sales volume of 18.04 million units; In 2025, China's automobile sales reached 29.57 million units, with a penetration rate of 34% for new energy vehicles and a sales volume of 10 million units, leading the world.

Power semiconductors are the core of energy conversion and circuit control in electronic devices, mainly used to change voltage and frequency, as well as DC/AC conversion in electronic devices. Compared with traditional fuel vehicles and weak hybrid vehicles, electric vehicles do not have engines and start stop systems. However, due to the increased requirements for power conversion and control, there are additional components such as main electronic control (electric drive), on-board electric air conditioning, DC-DC, OBC, battery management system (BMS), which drives the demand for power semiconductors to increase.

With technological iteration and upgrading, the development of automotive electrification and intelligence has driven the development of the automotive grade chip industry, reshaping the value chain of automotive power semiconductors. According to statistics, the global market size of automotive chips has grown at a year-on-year rate of over 10% every year. In 2019, the global semiconductor market size reached 412.1 billion yuan, with automotive semiconductors accounting for 12.3% of the total. Since 2010, the proportion of automotive semiconductors in the overall semiconductor market has been increasing year by year, and the market size of the automotive grade chip industry has been continuously expanding. It is predicted that the global sales of automotive semiconductors will climb to $67.6 billion in 2026. The rise and rapid development of new energy vehicles will continue to flourish in China's automotive power semiconductor market.

AUTO TECH 2024 Guangzhou International New Energy Vehicle Power Semiconductor Technology Exhibition is a professional exhibition of automotive power semiconductor technology, which will be held from May 15th to 17th, 2024 at the Poly World Trade Expo in Guangzhou. The exhibition belongs to the AUTO TECH exhibition series, and the exhibits cover automotive power devices IGBT/MOSFET, SiC, GaN, basic power devices, materials, packaging testing, production equipment, heat dissipation management and other technical products. The organizing committee will invite BYD, GAC Aion, Tesla, Toyota, Xiaopeng, Ideal, Xiaomi, Jike, Great Wall, SAIC, Honda, Nissan, Volkswagen, BMW, NIO, Huawei, etc. Tens of thousands of procurement and technical engineers from automotive OEMs such as Huichuan Technology, CATL, Bosch, Infineon, Denso, Renesas, Ansemy, and STMicroelectronics, as well as Tier 1&2 component suppliers, gathered at the exhibition to seek suppliers and partners.