In the second four-month period of the year, exports of Spanish automotive component manufacturers reached 6,303 million euros, a year-on-year growth rate of +25.4% compared to 2020 and a contraction of -3.7% compared to the same period in 2019.
The emergence of the electric and connected vehicle in recent years is fostering the development of an industry focused on automotive electronic components. With each passing day, these are becoming more and more essential within the multitude of systems contained in any automobile.
After the worst moments of the health emergency have passed, it seems that we are indeed moving towards the new normal, recovering routines in all areas, including in-person professional meetings. Automotive component manufacturers' trade fairs are also making a comeback. Some of them have already done so, like Automechanika, which was held in Frankfurt a few weeks ago in a hybrid format. It was a highly anticipated return, considering the attendance and participation data.