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Automobile Manufacturing in China: Market Research Report

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

Automobile Manufacturing Market Research Report | Jun 2014

IBISWorld’s Automobile Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$560bn
Annual Growth 09-14
14.2%
Annual Growth 14-19
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Profit
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Employment ('000)
1,165
Businesses
63
Industry Analysis & Industry Trends

Revenue for the Automobile Manufacturing industry is expected to total $559.8 billion in 2014, up 11.3% from 2013. Industry revenue has been increasing at an annualized rate of 14.2% during the past five years, driven by rising domestic demand across urban and rural areas and increasing exports.

Industry profitability was relatively low in 2008 at 6.2% of revenue, due to weaker local demand, falling prices, rising production costs and increased sales of low-priced and low-profit cars. Since then, however, profit margins have been widening as the industry benefited from booming automobile sales growth. Profit is estimated at 10.8% of revenue in 2014.... purchase to read more

Industry Report - Industry Analysis Chapter

Revenue for the Auto Manufacturing industry in China is expected to increase at an annualized rate of 14.2% in the five years to 2014.

Industry revenue increased significantly in 2009, by 34.8%. This was mainly due to favorable government policies that boosted growth across China's automobile sector. These included reductions in the automobile purchase tax, direct subsidies to rural households purchasing automobiles, subsidies to automobile owners replacing old autos with new ones, and the implementation of the Adjustment and Vitalization Plan for the auto segment.

The Chinese central government issued new favorable policies in 2010, following the expiration of its 2009 policies to stimulate and develop this industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automobile Manufacturing Industry?

The Automobile Manufacturing industry in China is mainly engaged in manufacturing complete automobiles or automobile engines. The major products manufactured in this industry include complete and non-complete passenger and commercial vehicles, and automobile engines.

Industry Products
MPVsSUVsBasic vehiclesCross-over vehiclesFreight vehiclesNon-complete vehiclesSemi-trailer towing vehicles Passenger buses
 
Industry Activities
complete automobiles (passenger vehicles and commercial vehicles)non-complete automobiles (commercial passenger vehicles and freight vehicles)passenger vehicles (basic, MPVs, SUVs, cross-over, non-complete)commercial vehicles (passenger, freight, non-complete, semi-trailer towing vehicles)automobile engines


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