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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

Revenue for the Auto Part Manufacturing industry in China has been growing at an annualized rate of 17.3% in the five years to 2014. In 2014, industry revenue is expected to increase 14.9% to total $496.3 billion.

Strong growth in the downstream Automobile Manufacturing industry (IBISWorld industry report 3721) drove a significant proportion of revenue growth in the Auto Part Manufacturing industry in the five years through 2014. The number of automobiles manufactured in China increased at an annualized rate of 16.4% between 2007 and 2013 to 22.1 million units. Strong domestic demand for cars, as well as increased foreign demand for the industry's products, will continue to drive industry growth... 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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