China Automotive Starter Market Research & Emerging Trends Report to 2017

China Automotive Starter Market Current Trends, Size, Share, Industry

Analysis, Competitive Intelligence, Growth, Opportunities and Forecasts to

2014 – 2017

Automotive starters are devices used to rotate the internal combustion engine, which allows it to

run the engine at its own convenience. Electric starter, pneumatic starter, hydraulic, fuel-starting,

and spring starter are the types of automotive starters.

The China automotive starter industry is poised to achieve a target of 32.4 million sets by 2017.

This market will undergo sluggish growth on account of environmental regulations throughout

the forecast period (2014-2017). China’s automotive industry has recently seen an annual growth

rate of 14.82%, with production exceeding 22 million units. The sales volume had climbed

almost 14%, with units sold amounting to almost 22 million.

The automotive industry in China has created a niche for after-market services and parts

replacements. With automotive production at an all-time high, the China automotive starter

industry will see a surge in its production. The after-market size has seen annual 12% growth

rate, amounting to 1.26 million sets in 2013.

Browse full report on: http://www.radiantinsights.com/research/china-automotive-starterindustry-report-2014-2017

Current trends driving the market include consumer preferences, consumer behavior, and new

regulations. Consumers need more digital applications within the car to sync with their

smartphone. They are willing to pay extra for these features, which would change the sales

volume over the forecast period. Features include an infotainment system and safety features

need to be a standard in all automobiles. Stringent regulations related to fuel have made it

difficult for OEMs (original equipment manufacturers) to manufacture parts at stable prices.

OEMs have employed strategies to collect consumer data to ensure customer loyalty as well as to

track changing demands. The goal is to collect the discrete data and...