China Large Bus Industry Report, 2013-2017
(PRWEB) May 29, 2014
According to China Large Bus Industry Report, 2013-2017 released by Sino Market Insight, China’s output of large buses is expected to reach 92,000 units in 2017, with the growth rate being in a stage of slow growth affected by market demand.
In 2013, the production and sales of large buses in China amounted to 79,200 units and 79,100 units respectively, rising 5.4% and 5.2% from a year earlier but a separate drop of 4.8 percentage points and 4.7 percentage points from last-year growth rates. In Q1 2014, the production and sales of large buses in China showed a respective year-on-year decline of 5.5% and 5.0% to 14,500 units and 14,800 units.
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As far as vehicle model is concerned, the production and sales of new-energy bus has presented a fairly high growth rate benefitting from the policies by Central and local governments for vigorously promoting new energy vehicle in recent years. In 2013, the sales proportion of large new energy bus in large bus rose from 23.6% in 2012 to 40.4%, a surge of 16.8 percentage points.
In terms of competitive landscape for sales volume, the top five large bus companies are Kinglong Motor Group, Yutong Group, Zhong Tong Bus, FOTON, and Jinhua Youngman Automobile, among which Kinglong and Yutong enjoy absolute superiority, with their sales in 2013 hitting 25,930 units and 25,584 units respectively and accounting for 32.4% and 32.8% of sales volume, a total share of 65.2%.
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Table of Contents
1. Industry’s Macro Environment
1.1 Decelerated Growth in Chinese Economy
1.2 A Drop in Growth Rate of Fixed Assets Investment
1.3 Remarkable Slowdown in Import and Export
1.4 Steady Increase of Social Consumption
2. Overview of Commercial Vehicle Industry
2.1 Definition and Classification
2.2 Industrial Policy
3 Development of China Commercial Vehicle Industry
3.3 Import & Export
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4 Development of China Large Bus Market
4.1 Production and Sales as a Whole
4.2 Production and Sales by Fuel
4.3 Import & Export
5 Large Bus Incomplete Vehicle Market
5.1 Production and Sales as a Whole
5.2 Production and Sales by Fuel
5.3 Competition Pattern
6 Large New-energy Bus Market
6.1 Industrial Policy
6.2 Market Status Quo
6.3 Development Planning
7 Key Enterprises
7.1.2 Financial Highlights
7.1.3 Main Business Structure
7.1.4 Production and Sales
7.1.5 Key Customers
China Basic Passenger Vehicle Industry Report, 2014-2017
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According to China Basic Passenger Vehicle Industry Report, 2014-2017, released by SinoMarketInsight, it is predicted that the production of basic passenger vehicles in China will amount to 17.01 million units by 2017.
In 2013, the production of basic passenger vehicles in China was 12.1008 million units, up 12.36% from a year earlier. During the period from January to April 2014, the production and sales volume of basic passenger vehicles (cars) totaled 4.1042 million units and 4.1464 million units respectively, a year-on-year increase of 3.76% and 4.88% separately. In 2013, the top 5 auto makers were FAW-Volkswagen, Shanghai Volkswagen, Dongfeng Nissan Passenger Vehicle Company, Beijing Hyundai Motor Co., Ltd. and Shanghai General Motors Co., Ltd., of which Volkswagen Group occupied 22.35% of the overall market share.
In terms of the levels of basic passenger vehicles, influenced by the adjusted vehicle purchase tax on passenger cars with 1.6L or lower displacement as well as the subsidies for energy-saving vehicles, A-class vehicle has seen a rising market share from 2009 on, from 50% in 2008 to 60%. It is projected that A-class vehicles will continue to take the lead in market share by 2014. However, in the overall passenger vehicle market, the Chinese consumers prefer mid-sized and large vehicles. Therefore, basic passenger vehicles would be squeezed by SUV market.
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China Basic Passenger Vehicle Industry Report, 2014-2017 by SinoMarketInsight involves 6 chapters and 79 charts, including the overview of China’s overall automobile industry, the production and sales and competition pattern of basic passenger vehicles, and major vehicle models sold in market segments. Additionally, the report also introduced the profile and overall production and sales of basic passenger vehicle manufacturers, as well as production and sales, production bases and future development planning of basic passenger vehicles.
China Bus Industry Report, 2014-2017
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According to China Bus Industry Report, 2014-2017 releasedby SinoMarketInsight, it is predicted that by 2017 the total sales volume of buses in China will exceed 690,000 units, and that in the upcoming several years, the sales volume of buses in China will present an AAGR of 9% or so.
In 2013, large, medium-sized and light buses sold in China totaled477,000 units, up 12.1% from 2012. In terms of sales volume, Brilliance Jinbei Automobile sold 104,000 buses in 2013, holding 21.8% of the national total and ranking the first, followed by Kinglong Motor Group, JMC, Yutong Bus and Nanjing Automobile. In Q1 2014, the sales volume of buses in China amounted to 112,978 units, rising 13.6%compared with the same period of 2013.
In point of products, the large buses sold in China totaled 79,067 units in 2013, a year-on-year increase of 5.2%. However, the steady demand from long-distance passenger transportation market and rapid growth in demand from new energy bus market contributed largely to the continued growth of large bus market in 2013. In Q1 2014, the demand from long-distance passenger transportation market shrank, with the sales volume of large buses dropping 5.0% year-on-year.
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In 2013, the sales volume of medium-sized buses reached 68,713 units, down 2.1% from 2012. And the downsizing of school buses and the reduced demand from passenger transportation market in rural and urban areas mainly led to the decline in sales volume of medium-sized buses.
In 2013, light bus market outperformed most other bus markets and the sales volume maintained a fairly rapid growth rate, with the sales volume for 2013 hitting 329,315 units, up 17.5% from 2012. Between 2008 and 2013, the sales volume of light buses showed a CAGR of 17.7%, better than overall bus market performance over the same period. In terms of competition pattern of light bus market, Brilliance Jinbei Automobile ranked first in sales volume, with 2013’s sales volume reaching 103,800 units, up 11.9% from a year ago and accounting for 31.5% of the national total sales of light buses,38,500 units more than that of JMC as the second, which brought an obvious market advantage.
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