Future Trends In China's Auto Parts Are Still Five To Ten Years Gold
China Car Production will exceed 13 million, annual export growth rate exceeded 35%
, car ownership will reach 50 million to 100 million. This set of figures for auto parts suppliers excited, in fact, parts suppliers in China for several consecutive years of excitement. However, not all enterprises can enjoy the feast it? The next five to ten years, Chinese auto parts market, which will change in the foreign component manufacturers in its development then?K-car network in this period of carrying on the Chinese and foreign auto parts business executives, international consultants and experts from the industry about 60 people carried out in-depth interviews and research, in our hypothetical case to reach a consensus , complete the parts industry trends report for reference parts enterprises.
The past five years, China's auto output, unusually high growth. At the same time, auto parts producers have also experienced an unusual golden growth period, during this period, some parts maker to enjoy the rich fruits of high growth, a large number of companies from several hundred million dollars of annual Sell Income and even developed to the billions of dollars more than a billion; some companies even have been discharged to orders received in 2010.
Stimulating the growth of auto parts industry, the troika - the domestic package market, aftermarket and export markets, particularly in supporting the market as the main contributor. China's auto production from 3.25 million in 2002 increased to 8.89 million in 2007; China spare parts suppliers in the market from 190 billion yuan in 2002 to scale up to about 500 billion yuan in 2007, a net increase of more than 3,000 billion yuan.
Export market in the past five years is the maximum growth rate, exports from 15 billion yuan in 2002 soared to about 120 billion yuan in 2007, a net increase of more than 1000 billion yuan.
Aftermarket weaker market growth of some, but in 2002 700 billion to about 120 billion yuan in 2007, a net increase of 50 billion yuan.
2007 in the Three market for more than a total of about 740 billion market size, less imports about 800 million parts produced in China has reached 660 billion yuan output value of the level of around more than five years ago, about 2000 100 million up 3 times.
According to research, more than 80% of auto parts company executives the next five to ten years for the auto parts industry is optimistic about the development, there are 30% to 40% of the managers for the past two years, but after bringing up too far skeptical about the possibility of stagflation. Our view is that as long as the Chinese economy and Financial There are no major environmental accidents, in the next five to ten years, the domestic auto parts industry is still one of the most promising industries, will maintain a high growth rate, during which stage of growth does not rule out fluctuations situation.
Continue to favor the next five to ten years, the fundamental basis for auto parts industry is driving the growth of the industry fundamentals have not changed fundamentally.
The next 5 to 10 years, China's automobile conservative estimate of annual production capacity will reach 15 million or so (including the export of vehicles), that new car production will nearly double. And because the upgrade factor model is estimated for matching markets more than doubled the output.
Although the appreciation of the RMB to bring some of the difficulties now exported, but only direct link with the dollar countries and regions; In addition, unless the appreciation of the RMB to China's most competitive products are not exported, or as the Chinese Government one of the few to support high value-added exports of automotive products will not be long-term effects. Also, the export structure of auto parts exports from the main to the sale after market, supporting the coexistence of market restructuring in the direction, so the next 5 to 10 years will export parts value of not less than one to two times in 2007.
After-sale market will maintain growth in the least suspense, because now the new vehicles each year there are over 800 million holdings, with a large number of newly acquired after 2003 a large number of vehicles entered the warranty period, after-sales market than a higher growth rate the previous five years.
, Of course, predict the future is very difficult, do not rule out a period within the next five years, new car production and exports also appears slow growth and, therefore, parts suppliers the company's resources according to their ability to regulate the growth of production rhythm.
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Future Trends In China's Auto Parts Are Still Five To Ten Years Gold
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