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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 2015

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
$567bn
Annual Growth 10-15
14.1%
Annual Growth 15-20
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Profit
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Employment ('000)
3,055
Businesses
4,578
Industry Analysis & Industry Trends

The development of the Auto Parts 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. At the end of 2014, the total number of automobiles in use in China was nearly 154.5 million; this number is expected to continue increasing rapidly in future years.

China's accession to the World Trade Organization (WTO) in 2001 helped facilitate the development of the automobile parts and accessories market by encouraging an open and rational market structure. However, membership in the WTO also meant that China had to reduce its tariffs and nontariff barriers, and open up its service sector.... purchase to read more

Industry Report - Industry Products Chapter

Mechanical parts and accessories

Mechanical parts and accessories make up the main product segment of the industry, contributing 52% of total industry revenue in 2015. The majority of automobile components are mechanical parts, including bearings, filters, covers, brakes and clutches. The price of mechanical parts has increased in the past few years due to the rising price of raw materials.

Electric motor parts and accessories

The second-largest industry segment is parts and accessories for electric motors, accounting for an estimated 24.5% of total industry revenue in 2015. This segment includes starting motors, alternators, control units for electronic systems, and mechanical and electronic drivers... 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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