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Auto Parts Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Auto Parts Manufacturing Market Research Report | Apr 2014

IBISWorld’s Auto Parts Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$496bn
Annual Growth 09-14
17.3%
Annual Growth 14-19
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Profit
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Employment ('000)
2,946
Businesses
4,484
Industry Analysis & Industry Trends

The development of the Auto Part Manufacturing industry is being driven by the fast-growing Automobile Manufacturing industry (IBISWorld industry report 3721) and strong growth in the number of automobiles in use across China. In 2009, the Chinese government launched a series of measures to boost automobile sector growth. These measures included reduced automobile sales taxes, direct subsidies to rural households purchasing automobiles, and the indirect effects of the government's $500 billion stimulus package. At the end of 2013, the total number of automobiles in use in China was nearly 137 million; this number is expected to continue increasing rapidly in future years.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Auto Part Manufacturing industry in China has a low concentration level, which is expected to remain steady in future years. Revenue of the top four firms is expected to account for 6.9% of total industry revenue during 2014. There are a large number of small and medium enterprises operating in the industry, and the market is highly fragmented.

There are many manufacturers that operate on a small scale and are privately owned. The majority of these lack substantial capital, technologies and employees, and only produce single products and spare parts.

The low concentration level also reflects the diverse nature of the industry's products. Firms tend to focus on particular parts or markets, and the majority of enterprises manufacture single products... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Auto Parts Manufacturing Industry?

Businesses in the Auto Part Manufacturing industry in China produce parts, accessories and components for motor vehicles, including motor vehicle bodies, mechanical and electronic components, and parts for electric motors. These manufacturers supply motor vehicle assembly and replacement part companies (i.e. the aftermarket).

Industry Products
Mechanical parts and accessoriesElectric motor parts and accessoriesElectronic parts and accessories
 
Industry Activities
Engine parts and accessoriesChassis parts and accessoriesAutomobile body parts and accessoriesElectric components and partsOther parts and accessories


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