London, UK (PRWEB) September 18, 2014
In the recent past, the automobile industry has developed at a rapid pace in China. Both the output and sales volume of automobiles in the country exceeded the 21 million mark as of 2013, ranking first globally. Meantime, the country’s automobile component sector as part and parcel of the overall automotive industry has shown significant growth. In 2013, there were 0.2 million local automobile component makers, including 16,000 manufacturers of key automobile components, 10,000 firms above designated size and more than 1,200 foreign-invested enterprises. In 2013, the automobile component industry’s output value reached around CNY 2.710 trillion, which increased by 18.15% year-on-year and accounted for nearly half of the industry’s overall output value.
Starting from 2014, the automobile market is following an upward trend whilst the increased auto sales stimulate the rise of automobile component industry. As the automobile reserves continue to increase in the country, the automobile component market is also on the rise. The elevated demand in the after-sales market offers great development prospects for China-based automotive component manufacturers. Furthermore, the government’s new concept of urban planning has become a core planning target to create automobile cities, automobile parks and automobile components and products in the growing number of cities. In the next few years, China’s automobile component sector is poised to maintain its healthy growth pattern with greater investment opportunities.
Comprehensive research report “Research Report on Automobile Component Industry in China, 2014-2018” drawn up by China Research and Intelligence (CRI) is now available at MarketPublishers.com.
Report Details:
Title: Research Report on Automobile Component Industry in China, 2014-2018
Published: September, 2014
Price: US$ 2,000.00
http://marketpublishers.com/report/machinery/auto_parts/research-report-on-automobile-component-industry-in-china-2014-2018.html
The study offers in-depth insights into the Chinese automobile component industry, granting access to the critical information on its current performance along with highlighting the historical background of the sector. The research report presents supply & demand statistical data, gives an overview on the upstream sectors, examines the foreign trade dynamics, evaluates key investment opportunities and discusses the key policies and related trends. The report includes a clear description of the competitive scene, discloses important details on the major domestic and foreign companies operating in the Chinese automobile component market, as well as scrutinises the trends prevailing in the industry. The research publication is supplemented with in-depth forecasts limelighting the industry’s future development path up to 2018.
Companies profiled include: Weichai Groupб Harbin Dongan Auto Engine Co., Ltd.б HUAYU Automotive Systems Co., Ltd., Aeolus Tyre Co, Ltd., Dongfeng Technology, and Wanxiang Qianchao.
Report Scope:
- In-depth analysis of the development environment of China’s automobile component market for 2011-2014.
- Discussion of profit modes of 4S stores in China.
- Key data on industry scale, demand and supply of automobile components in the country, as well as an overview of enterprises’ operations for 2009-2013.
- Detailed examination of the competition in the Chinese market for automobile components during 2009-2013.
- Insights into the export and import status of automobile components in the country, 2009-2013.
- Comprehensive review of the prominent manufacturers of key automobile components in China.
- Identification and analysis of the driving forces of the domestic automobile component industry.
More new market studies by the publisher can be found at CRI page.