China Research Report on Automobile Component Industry 2014-2018 - Market Size, Shares, Trend, Growth, Research and Statistics

As the foundation of automobile industry, the automobile components are necessary to support the sustainable and healthy development of automobile industry. In recent years, the international status of automobile industry improves rapidly with increasing status as the pillar of national economy. The comprehensive competitiveness of automobile component industry is improved with increasing export level while the industry cluster is gradually formed.

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As the automobile component bases, including Changchun, Shiyan, Wuhu, Huadu, Beijing-Tianjin-Hebei Bohai Rim economic circle, develop rapidly in China, six major automobile component industry clusters are formed in Bohai Rim, Beijing-Tianjin-Hebei, Central China, Southwest China, Yangtze River Delta and South China.

In recent years, the automobile industry develops rapidly in China. The output volume and sales volume of automobiles both exceeded 21 million in China in 2013, ranking first in the world. Meanwhile, the automobile component industry develops significantly in China. By 2013, there were 0.2 million manufacturers of automobile components in China, including 16,000 manufacturers of major automobile components, 10,000 enterprises above designated size and over 1,200 foreign-funded enterprises. In 2013, the total output value of automobile component industry reached CNY 2,709.6531 billion, which increased by 18.15% YOY and accounted for 50% of the total industrial output value of automobile industry. The development of automobile component industry realizes historical breakthrough.

Automobile components in China are mainly provided for whole vehicle assembly market and after-sale service market with the demand accounting for 80% and 20% of the total respectively. Major suppliers for whole-vehicle component market are mostly foreign-funded and domestic enterprises...