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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 | Jun 2016

IBISWorld’s Auto Parts Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$585bn
Annual Growth 11-16
10.6%
Annual Growth 16-21
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Profit
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Employment ('000)
3,159
Businesses
4,613
Industry Analysis & Industry Trends

The development of the Auto Parts Manufacturing industry is being driven by the growing Automobile Manufacturing industry (IBISWorld industry report 3721) and strong growth in the number of automobiles in use across China. At the end of 2015, the total number of automobiles in use in China was nearly 172 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 48.5% of total industry revenue in 2016. The majority of automobile components are mechanical parts, including bearings, filters, covers, brakes and clutches. The price of mechanical parts has decreased in the past few years due to the declining price of raw materials like iron and steel.

Electric motor parts and accessories

The second-largest industry segment is parts and accessories for electric motors, accounting for an estimated 26.5% of total industry revenue in 2016. This segment includes starting motors, alternators, control units for electronic systems, and mechanical and electronic drivers. Dem.. 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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