Analysis of China's auto parts market


With the Aston Martin recalls, the development of the auto parts industry once again entered the field of vision. According to the "Global Auto Parts Suppliers Research Report 2013" published by Roland Bergerton Management Consulting, the profitability of the global auto parts supply industry is stable at a high level of 6.5%. This good situation is the entire vehicle consumer market and service maintenance. The rapid development of the market has brought about. According to the report's further study, the profit of the automotive aftermarket, that is, the maintenance market, is even higher than the entire vehicle market. For the major international auto parts giants, such as Bosch, Denso, etc., this piece of cake is their new contention goal.

China is a populous country, and its potential consumption power is beyond question. In recent years, with the rapid development of the vehicle consumer market and service maintenance market, China’s auto aftermarket is continuously expanding. This is the transformation and upgrading of China’s auto parts industry. , an opportunity to shift towards specialization. Compared with internationally renowned brands, the competitiveness of Chinese companies in terms of technology, management, and other comprehensive aspects can be said to be very weak. At present, state-owned auto parts companies urgently need to upgrade their core technological capabilities and product quality. The government also strongly supports its own auto parts companies. Unlike the indiscriminate maintenance attitude, the government is first to standardize the industry standards, develop the industry, and standards first. What China needs is a healthy and steady development of the auto parts market, rather than a flash of prosperity.

At present, the development of domestic auto parts and accessories enterprises has achieved preliminary results, and the scale of the five plate industries in the Bohai Rim region, the Yangtze River Delta region, the Pearl River Delta region, the Hubei region, and the central and western regions has been formed. The entire industry is showing a rapid growth trend. Some domestic autos have zero The strength of component companies has increased dramatically, and some companies with global competitiveness in market segments have appeared, such as BYD, Chery and Changchun FAW. The development of state-owned automobile parts and accessories will also drive its upstream industries, such as the development of the body and its parts, engines and its parts, and indirect development will affect the development of the downstream DC motor industry, the plastics industry, and the steel industry. . For these industries, opportunities and challenges coexist, I hope you can ride the wind and waves to build something in this industry.


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