The Passenger Car Manufacturing industry in China has been experiencing rapid growth in recent years, mainly driven by increasing demand for passenger cars in the domestic market. Revenue for the industry is expected to increase to $685.44 billion in 2018, up 2.7% from 2017, and growing at an annualized rate of 6.9% over the past five years.With rising income levels in China, improving road conditions, and competitive prices, passenger cars are becoming more affordable for Chinese residents. Currently, demand for low- and middle end passenger cars is increasing rapidly in third and fourth tier cities. In order to meet the needs from consumers, automobile enterprises launch many new models to attract more consumers. A...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Report - Industry Investment Chapter

For every dollar spent on wages (including management and administration and R&D costs), about 32.6 cents are invested in capital in the Passenger Car Manufacturing industry.Significant capital is required for machinery and equipment for large-scale production lines. Meanwhile, car components assembled after purchase require labor. As labor costs are relatively low in China, however, wages constitute a small proportion of industry revenue...purchase to read more.

Additional Insights for the Passenger Car Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Passenger Car Manufacturing Industry are

  • Optimum capacity utilization
  • Establishment of export markets
  • Having an extensive distribution and collection network
  • IBISWorld analysts also discuss how external factors such as Domestic Goods Prices - Metals - Steel and Per Capita Disposable Income in the Passenger Car Manufacturing industry impact industry performance..

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    What's in this report

    What is the Passenger Car Manufacturing Industry?

    The Passenger Car Manufacturing industry in China is mainly engaged in manufacturing complete automobiles for use in transporting passengers. The major products manufactured in this industry include basic passenger cars, multipurpose vehicles (MPVs), sport utility vehicles (SUVs), and mini buses.

    Industry Products
  • MPVs
  • SUVs
  • Basic vehicles
  • Mini buses
  • Industry Activities
  • basic passenger cars
  • MPVs
  • SUVs
  • mini buses
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic Goods Prices - Metals - Steel
  • Per Capita Disposable Income
  • Domestic Goods Prices - Petroleum - Gasoline (Retail)
  • Transport Infrastructure - Main Highways
  • Exchange Rates - Yuan per $US
  • Import Taxes (Duties) - Car Retailing
  • Legislative Compliance Requirements

  • Current Performance
    Industry revenueEnterprises and establishmentsTotal wages and employmentInternational tradeOutput volumes
  • Chart: Revenue Growth

  • Industry Outlook
    International tradeIndustry concentration
  • Table: Passenger Car Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Passenger Car Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Auto & Parts Wholesaling
  • Car Dealers
  • Car Rentals

  • Key Selling Industries
  • Auto Parts Manufacturing
  • Automobile Body and Trailer Manufacturing
  • Battery Manufacturing
  • Iron and Steel Smelting
  • Paint Manufacturing
  • Plastic Parts Manufacturing
  • Scientific Instrument Manufacturing

  • Products & Services
  • Basic vehicles
  • SUVs
  • MPVs
  • Mini buses
  • Chart: Passenger Car Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Vehicle prices
  • Automotive fuel prices
  • Household disposable income levels
  • Automobile financing
  • After-sales services
  • Technology and product innovation

  • Major Markets
  • Household buyers
  • Business fleet purchasers
  • Government fleet purchasers
  • Chart: Major Market Segmentation for the Passenger Car Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Advertising and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Passenger Car Manufacturing

  • Basis of Competition
  • Price
  • Service
  • Brand awareness
  • Quality
  • Product and technological innovation
  • Financing
  • Sales distribution channels
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Passenger Car Manufacturing Industry

  • Industry Globalization
    Shanghai Automotive Industry Corporation (Group), China FAW Group Corporation, Beijing Automotive Group Co., Ltd, China North Industries Group Corporation, Dongfeng Motor Co., Ltd.,
  • Table: Shanghai Automotive Industry Corporation (Group) - financial performance
  • Table: China FAW Group Corporation - financial performance
  • Table: Beijing Automotive Group Co., Ltd - financial performance
  • Table: China North Industries Group Corporation - financial performance
  • Table: Dongfeng Motor Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Passenger Car Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Passenger Car Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)
  • Output of Passenger Car (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    4S Automobile Dealers
  • Car dealers that provide the following automobile retailing services: sales, spare parts, service, and survey.
  • Multiple Purpose Vehicle (Mpv)
  • A large-spaced automotive vehicle that can carry passengers and freight.
  • Sports Utility Vehicle (Suv)
  • A rugged automotive vehicle similar to a station wagon but built on a light-truck chassis.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Passenger Car Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Passenger Car Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Passenger Car Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Passenger Car Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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