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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Locations Chapter

The industry's operations are mainly concentrated in the economically well-developed East China and Middle South China regions. Due to higher per capita incomes, larger populations and higher usage of automobiles, many industries in these regions are growing strongly, leading to greater demand for automobile parts and accessories. Zhejiang, Jiangsu, Shanghai, Shandong, Guangdong and Hubei are estimated to account for about 47.9% of total industry revenue in 2014.

Jiangsu, Zhejiang, Shanghai and Shandong

The industry tends to be highly concentrated in eastern coastal areas because larger firms in these areas are able to benefit from economies of scale and close proximity to imported raw materials and downstream industries... 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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