China Automotive Lock Market Size, Share, Trends and Forecasts to 2017

China Automotive Lock Market Size, Share, Global Trends, Company

Profiles, Demand, Insights, Analysis, Research, Report, Opportunities,

Segmentation and Forecast To 2014 – 2017

Steady growth was shown by the China’s automotive lock market due to quick development in

its automotive market in 2013 with production more than 95 million units i.e. over 14% per year.

The rate of growth practically was steady with respect to the production of vehicles in China.

Because of the reality that automotive lock market, mainly products like cap locks for fuel tank,

door locks for vehicle, and truck locks comparatively have less necessity on the skills for

development of products and manufacture, the manufacture of automotive lock can save cost of

production, mainly the material and labour cost.

Both, joint-venture brands and independent brand vehicle producers, now-a-days, select to make

and assemble door locks of vehicles in China. With reference to remote control keys and central

locking system merchandise automotive remote control keys industry and automotive central

locking industry in China sustained a stable development in 2013. The percentage of remote

control key and central locking collected in public vehicles increasing from more than 84% &

86% in 2012 to more than 83% & 89% in 2013, correspondingly.

For Further Inquiries: http://www.radiantinsights.com/research/china-automotive-lockindustry-report-2014-2017

Obsessed with the vehicle intelligentization trend, remote control key and central lock have been

the benchmark arrangement for medium and high-end model and yet few low-end model as well.

It is predicted that by the end of 2020 nearly all public vehicles will have been equipped with the

remote control key & central locking system. With reference to keyless device for entry, the

percentage of unreceptive keyless entry system established in traveller car in China touched over

22% in 2013, by keyless entry system by full year assembling to a rough total of 39,94,481...