Page 34 - TTG-Taiwan Transportation Equipment Guide (TTG) 2022-09 Edition
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       Industry Trends




              Setbacks in short-term to lessen ks in short-term to lessen
              Setbac
              amid industr
              amid industry trends turn to y trends turn to

              innovative, emerging techvative, emerging tech
              inno













































              By Stephanie Chao
                 Global events in recent years have accelerated   pandemic and chip shortages, resulting in reduced
              certain trends but also dealt significant setbacks   production of units. The shortages are expected
              to the overall advancement of the automotive      to be exacerbated by China’s zero-COVID policy
              industry. In an email interview with Industrial   disrupting the auto parts supply chain. With a fi xed
              Technology Research Institute’s Industry, Science   supply of second-hand cars, demand for vehicles
              and Technology International Strategy Center      has spurred consumers to look towards aftermarket
              (ISTI) Intelligent Vehicle System Research Dept.   alternatives, which happened to be Taiwanese
              Machinery & System Research Division Senior       suppliers’ focus in terms of production, as well as
              Researcher James Hsiao, we discuss the future     export volume.
              landscape and various factors that would create
              ample opportunities for Taiwan’s auto parts and EV   The auto parts industry value is forecasted to
              industries. The following answers have been edited   grow in 2022, specifically with increased demand
              for clarity.                                      for rubber/plastic injection collision parts, such
                                                                as auto lights, bumpers, and rear-view mirrors.
              What are the challenges that the auto             Electrifi ed auto parts and vehicle electronics like key
              parts industry must brace for in the next         components for ADAS, like Lidar, mmWave radar,
              year, and how should Taiwanese suppliers          various image sensors, and EV power components,
              and global buyers prepare?                        all require automotive factories’ feature inspections
                                                                on completely-assembled vehicles and coupled
                 The new vehicle market (OEM auto parts)        with increasing demand for 3C and 5G consumer
              will continue to be impacted by the COVID-19      electronics, the demand for semiconductors remain
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