Exhibit Hours: July 10-12, 2024.
Holding cycle: Held annually.
Exhibit Location:: Centro Banamex Exhibition Center, Mexico.
exhibitionwill data: More than 500 exhibitors (195 exhibitors in China), more than 20,000 square meters (2023 data).
Exhibition Introduction:
The exhibition is organized by Messe Frankfurt***, Germany, once a year, only open to professional visitors, is one of the most influential international exhibitions in the field of auto parts in Mexico and Central America. The show is sponsored by 20 prestigious industry associations, including the Italian International Foreign Association**, Sernauto, Proexport Colombia and Sindepecas Brazilian Association of Automotive Component Manufacturers. Numerous opportunities for exhibitors to enter the Mexican market.
The 2023 Central America (Mexico) International Auto Parts, Automotive Technology and Services Exhibition (INA Paace Automechanika Mexico 2023) was successfully concluded on July 14, 2023 local time at the Centro Citibanamex Exhibition Center in Mexico City. As Latin America's premier trade fair, Automechanika Mexico presents its 25th edition of a special programme that offers an extraordinary immersive experience for all participants. Bringing together relevant businesses, technologists, industry leaders, experts and enthusiasts from Latin America and around the world to showcase custom cars, electric vehicles, parts, tools, equipment and aftermarket innovations and breakthrough technologies for the future.
With an exhibition area of more than 20,000 square meters, the exhibition attracted more than 500 companies from 29 countries and regions, including China, Germany, Brazil, the United States and Turkey. The exhibition site was crowded, the audience lined up for a long time, and the effect of the exhibition greatly exceeded the expectations of all participants. In terms of Chinese exhibitors, this exhibition attracted a total of 195 Chinese companies to participate in the exhibition, with a net booth area of 1,974 square meters, of which 8 companies appeared in the form of personalized decoration booths in this exhibition, covering an area of 282 square meters, a significant increase from the previous session.
Market Analysis:
Mexico is one of the most economically developed countries in Central America, with a strategic location and huge potential for the domestic market. Ford, General Motors, Dy-Cker, Volkswagen, BMW, Renault-Nissan and Honda and other world-renowned OEMs compete here, and the cars produced here are not only the domestic market, but also exported to the United States, Canada, South America and the European Union countries to meet the potential market 8500 million consumers. Mexico accounts for 15% of U.S. auto parts imports, and exports to the U.S. account for 80-90% of the total export value. Mexico is also the world's 9th largest vehicle producer, with an annual production of 2 million vehicles, the world's 8th largest engine producer, and the 7th largest engine exporter, with a strong domestic market and low labor productivity. The new Center for Advanced Studies provides technical innovations and design concepts for the automotive industry; It has a large number of highly skilled personnel who have graduated from Mexican technical research institutions. However, in general, Mexico's machinery and equipment and other capital and technical support are relatively lacking, so technology-intensive products and after-sales maintenance services are the best breakthrough for foreign investors to enter the market.
Auto parts go to sea, the largest in the United States, the deep blue in Russia, and the high potential in Mexico, everyone has a bright future.