Smart cockpits and autonomous driving, heralded as the twin stars of the automotive intelligence era, are flourishing amidst the electrification trend in the automotive industry. Unlike autonomous driving technology, which presents formidable safety requirements and implementation challenges, smart cockpits offer direct customer experience with manageable costs, fueling their explosive growth. Notably, KPMG China's recent "Smart Cockpit White Paper: Focus on the Second Half of the Electrification Tournament" forecasts that the domestic smart cockpit market in China will soar to CNY 212.7 billion by 2026, with a projected five-year compound growth rate of over 17%, and a penetration rate escalating from 59% to 82%.
In the smart cockpit arena, not only traditional suppliers but also other stakeholders in the market, including OEMs, chip companies, and IT firms, are staking their bets on this potential 100-billion market outlet. With an acute focus on the need for intelligent automotive technology, Automotive World China (AWC) 2024 will return once again to the Shenzhen International Convention and Exhibition Center (Bao’an New Hall) from November 6th to 8th. Spanning 50,000 square meters, this exhibition will comprehensively promote the integration of smart cockpits into China's automotive industry chain, featuring over 1,000 high-quality exhibitors showcasing cutting-edge technologies and products to an anticipated 38,000 professional visitors worldwide. Together they will ascend to new heights in the industry.
