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(Transportation-News.com, December 01, 2015 ) In recent decade, China’s automobile industry has entered into a golden development period. According to China Association of Automobile Manufactures, both China’s output and sale volume of auto in 2014 was over 23 million, at record highs in almost all markets and ranked the first again for the sixth time in the world.
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With the fast development of automobile industry, the auto part manufacturing industry has enjoyed a boom, and well working auto market is the engine of auto parts manufacturing industry. In 2014, the industrial output value of China’s auto parts industry has reached RMB2,700 billion, nearly 20 times of that in 2001, accounting for 40% of the automobile industry. Currently, there are over 1,000 auto parts industry parks in China, constructing six industry concentration areas of auto parts. It’s estimated that, auto part manufacturing industry will be one of the most perspective industries in China.
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In this report, ASKCI profiles the leading players in auto parts market. It analyzes China’s auto part manufacturing industry in terms of market information (market size, status, etc.), hotspots (key M&A activity and new policy), current industry trend and the competitive positioning of top 50 manufacturers in the market.
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