Abstract
"China industry research and market forecast: automobile parts and accessories
manufacturing industry, 2008-2009" is an invaluable asset for anyone who wants
to invest in the automobile parts and accessories manufacturing industry, to
import into China, to partner with one of the key Chinese corporations, or to
compete in the segment.
China is both the fastest growing motor vehicle market and the fastest growing
vehicle producer. China is also the world' s second-largest car market - it
produced 8.88 million automobiles in 2007, of which 8.79 million were sold.
For these reasons, and others, smart investors are reading "China industry
research and market forecast: automobile parts and accessories manufacturing
industry, 2008-2009".
As the global economy slips suffering from the unfolding global credit crisis
and soaring energy prices, auto sales in China continue to boom. And, China' s
car market still has huge room to expand. At present, China' s private car
density is very low. The number of cars per 1,000 people in China is only 6
whereas the figure in developed countries is 500. Auto sales in China are
expected to exceed 10 million units this year, which would represent full-year
sales growth of 14 percent. In fact, auto sales have maintained double-digit
growth since the beginning of this year.
This booming auto industry brings with it great opportunities for the auto
parts and accessories industries. A great number of auto parts makers have
increased their sales revenues severalfold. In fact, some enterprises' sales
revenues are now measured by the billions in RMB. All indications are that
this growth period will continue for at least the next five to ten years.
New vehicles in China will rise at an annual rate of 10 million units in the
next few years, which means the vehicle population in the country is likely to
reach 100 million units after five years. When that happens the auto-parts
aftermarket will jump to 300 billion yuan, which is very lucrative to
manufacturers.
The three driving forces behind the rapid growth of China' s auto-parts
industry are the domestic original equipment (OE) market, aftermarket, and
export market. The three markets reached a value of more than 100 billion
dollar in 2007, more than triple the number of 2002.
The auto parts industry will remain one of the most promising sectors and
maintain its high growth rate over the next five to ten years.
Currently, there are five trends in China' s auto parts industry: Progress has
been made in restructuring and M&A; Multinational auto-parts manufactures have
increased investment in China year on year; Export volume increased rapidly;
Cluster effect has emerged; Private enterprises developed quickly. To
understand these phenomena, and in their impact on this enormous and growing
market you must read "China industry research and market forecast: automobile
parts and accessories manufacturing industry, 2008-2009".
The report provides in-depth analysis and detailed insight into China' s
automobile parts and accessories manufacturing industry, market development,
market drivers, basic industry indices, competitive landscape, key enterprises
and their strategies, investment projects, investment conditions, as well as
technologies and investment trends.
"China industry research and market forecast: automobile parts and accessories
manufacturing industry, 2008-2009" is divided into 11 chapters and an excel
file.
- 1. Status and characteristics of the automobile parts and accessories
manufacturing industry
- 2. Analysis of the economic operating environment of the automobile parts
and accessories manufacturing industry
- 3. Development of the automobile parts and accessories manufacturing
industry in 2007
- 4. Operating conditions of the automobile parts and accessories
manufacturing industry in 2007
- 5. Financial conditions of the automobile parts and accessories
manufacturing industry in 2007
- 6. Industry chains of the automobile parts and accessories manufacturing
industry in 2007
- 7. Competitiveness of key enterprises in the automobile parts and
accessories manufacturing industry in 2007
- 8. Investment projects in the automobile parts and accessories
manufacturing industry in 2007
- 9. Investment status in the automobile parts and accessories manufacturing
industry in 2007
- 10. Development trends of the automobile parts and accessories
manufacturing industry
- 11. Recommendations and advice for the development of the automobile parts
and accessories manufacturing industry in 2008
And an excel file which contains 10 key enterprises' contact and financial
data.
There are 114 figures and charts in the report.
Data sources are national statistics, market research and monitoring, industry
associations and institutions, import-export statistics, and others.
If you want to invest in, import into, partner with, or compete against any of
the companies in this field, then "China industry research and market
forecast: automobile parts and accessories manufacturing industry, 2008-2009"
is required reading.
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