Better Roads, More Car Owners, Increase Demand for China’s Automobile Body and Trailer Manufacturing industry

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Rapid growth in car ownership and the expansion of China’s road infrastructure have led to double-digit revenue growth for the Automobile Body and Trailer Manufacturing industry. Over the next few years, the industry will continue to perform strongly driven by growing domestic and export demand, says IBISWorld.

IBISWorld Market Research

IBISWorld Market Research

As more foreign carmakers enter China, the quality of domestic products will improve, increasing export demand.

The Automobile Body and Trailer Manufacturing industry in China developed rapidly in the past five years due to strong growth in car ownership and the development of China’s roads and highways. Industry revenue is estimated at $11.7 billion in 2012, reflecting annualized growth of 21.3% in the five years through 2012, says IBISWorld.

Domestic automobile body and trailer manufacturers can be divided into two types: part plants affiliated with large automotive groups, and professional body and trailer manufacturers. Part plants are usually customized to parent company production plans and deviate from market price mechanisms. Meanwhile, professional body and trailer manufacturers like Shenzhen CIMC Special Vehicles, and Guangdong Fuwa Engineering Manufacturing and Liaoning Luping Machine have been developing quickly due to flexible management and closeness to the market. Only the largest firms manufacture an extensive range of automobile bodies and trailers. Most manufacturers are small or medium-sized and focus on particular automobile body and trailer products or parts. As a result, few have significant market control at a national level, and the industry’s market share concentration is low.

IBISWorld forecasts that revenue for the Automobile Body and Trailer Manufacturing industry in China will be boosted by steady increases in domestic and foreign demand. Exports currently account for almost one-third of industry revenue. As more foreign automobile manufacturers enter China to form joint ventures or partnerships with domestic manufacturers, the quality of domestic products will improve, expanding export markets.

For more information, visit IBISWorld’s Automobile Body and Trailer Manufacturing in China industry report page.

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IBISWorld industry Report Key Topics

The Automobile Body and Trailer Manufacturing industry in China manufactures automobile bodies, trailers, and other non-mechanically propelled vehicle parts, such as cabs, chassis, body structures, truck trailers and semi-trailers. Additional products include vehicle parts such as travel trailers, recreational vehicle bodies, campers, tankers, container trucks, munitions trailers and exhibition trailers.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

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