Industry Analysis & Industry Trends
Revenue within the Automotive Lighting and Signaling Equipment Manufacturing industry in China during 2009 totaled $4.07 billion for the year, up 65.3% from 2008. Despite shrinking exports in 2009, strong revenue growth during the year was mainly driven by high domestic demand from downstream automobile manufacturers. As the government implemented many preferential policies for China's automobile sector in 2009, sales volumes of automobiles in 2009 in China reached 13.8 million units, up 47.8% over 2008. In 2010, industry revenue growth is expected to slow to 17.3% due to the very high base in the previous year.
Industry profits are forecast to account for 8.2% of industry revenue in 2010, up from 6.6% in 2009.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration level. This is due to the large number of small and medium-sized enterprises. The top four firms that operate in the industry are expected to account for 25% of industry revenue in 2010. Industry revenue is spread across a large number of industry participants.
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 produces single products.
The low concentration level also reflects the diverse nature of the industry's products. Firms tend to focus on particular products or markets and the majority of enterprises manufacture single products... purchase to read more