Speaking of cars, you may think of roaring engines and streamlined bodies, but don't forget the parts suppliers that support the automotive kingdom. Asia, as the heartland of the global automotive industry, its component suppliers are increasingly influential on the global stage. Today, let's talk about how Asian auto parts suppliers are leading the market with technological innovation.

Asian auto parts suppliers are not simple. They are not only production parts, but also leaders in technological innovation. Take a look at the Top 100 list published by Automotive News, almost half of the businesses are from here. There are 22 in Japan, 15 in China and 10 in South Korea. This lineup is really a strong alliance to dominate the global rhythm.

Take Japan's electric equipment as an example. This is a company with Toyota descent. It not only has a far-reaching layout in electrification fields such as battery packs, motors, and inverters, but also extends its tentacles to high-tech products such as semiconductors, cameras, and millimeter wave radars. The goal of electric equipment is not small. It is estimated that the revenue of electrification business will reach 1.2 trillion yen by 2025 and double by 2030. This is not only a game of numbers, but also a manifestation of technical strength.

Look at China's Ningde era, which is the global leader in power batteries. According to data Research by SNE, the installed capacity of power batteries reached 259.7GWh last year, with a market share of 36.8 percent, ranking first in the world for seven consecutive years. This is not only the accumulation of quantity, but also a qualitative leap. Of course, the Ningde era is not peace of mind, competitors such as BYD, Zhongchuang Xinhang, etc. are accelerating the pace of catch-up.

These parts suppliers in Asia not only lead the trend in technology, but also occupy an important position in the reconstruction of the global automotive supply chain system. Take Mobis, a subsidiary of Hyundai Motor Group, for example. In addition to core component manufacturing, it is also involved in vehicle module manufacturing, after-sales component manufacturing and sales, and even set up a venture capital company in Silicon Valley to cultivate start-ups with cutting-edge technology.

It must be mentioned here that these companies not only have made achievements in technology, but also have clear goals in market positioning. For example, Ningde era, it is not only a battery supplier, but also the preferred choice of global auto giants. This can be seen from its interchange with electric equipment.

Of course, these companies also face challenges. Market competition is increasingly fierce, even the industry giants, can not be taken lightly. For example, in the Ningde era, although the market share continued to decline, its call for "100 days of struggle" was undoubtedly the 1 positive response to the competitive situation.

Do you have a deeper understanding of Asian auto parts suppliers? They are not only the heroes behind the scenes of the automotive industry, but also the embodiment of technological innovation and market competitiveness. So, how do you think the role and influence of Asian component suppliers in the global automotive industry will evolve? Share your views in the comments section and let's witness the development and change of the automotive industry together.