In response to the impact of the Coronavirus epidemic, ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2020 provide you with multiple options of participation for its events, based on your different needs, such as company policies and safety concerns.
ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2020 will take place in will take place in a digital setting to meet the different needs of all participants and let participants enjoy networking and remote engaging at all time.
On the back of growing demand from an expanding middle class and sizeable investments from Japanese manufacturers, Indonesia's car industry is gradually moving towards self-sufficiency.
Moreover, technological innovation in the automotive sector is driven by consumer preferences, their income levels and government regulation. Customers are constantly demanding cars that are more affordable, faster, richer in terms of features, and more fuel efficient. These consumer demands translate into technological innovations that allow for lighter materials, improved energy efficiency and intricate electronic systems.
Hence, four major technologies are shaping the automotive sector: the electrification of vehicles and vehicular components, advancements in lightweight materials, robotic automation and autonomous driving. Especially in robotic automation, 60% of Tier One suppliers have seen significant increases in automation and robotics.
Moving forward, the future of Indonesia's automotive sector will be increasingly shaped by enhanced robotics and automated processes to meet growing regional demand, ensuring consistent quality, and whether increasing labor costs which were once conceived as a critical value proposition for the region.