From November 18th to 20th, the "2012 China Auto Parts Industry Annual Meeting" was held in Hannan "China Auto Parts Manufacturing Base" in Wuhan. More than 350 manufacturers from home and abroad attended the "China Automotive Parts Industry Development Forum". "At the same time, we are unanimously optimistic about the prospects for the development of China's auto parts industry.
From "cost competition" to "quality competition", the transformation and upgrading of China's auto parts and components is ushering in a new era. The Chinese auto market has at least a period of 10-20 years of rapid growth, but the auto parts service and after-sales service market will be a long-term and stable huge market.
Dong Yang, executive vice president and secretary-general of the China Association of Automobile Manufacturers, said in an exclusive interview with Xinhua News Agency reporters that in 2011, the output value of China’s auto parts and components has exceeded RMB 2 trillion, and will maintain an increase of more than 20% in the next few years. . It is estimated that the scale value of China's auto parts industry can reach 2.5 trillion yuan by 2015.
Since 2002, China's auto production and sales have maintained rapid growth for nearly 10 years. The auto industry has developed into a pillar industry of the Chinese economy. In 2009, China's auto production and sales both exceeded 13 million vehicles, ranking first in the world. By 2011, China's automobile production and sales exceeded 19 million, ranking first in the world for three consecutive years.
The data released by the China Association of Automobile Manufacturers shows that in the first 10 months of this year, China’s automobile production and sales exceeded 15 million vehicles, respectively. After a few years of rapid growth in the Chinese automobile market, the growth rate has slowed down, and it seems that we have ushered in “micro growth.†era. However, the auto parts industry as a heavy component of the automotive industry, its development prospects are still promising.
Dong Jianping, deputy secretary-general of the China Association of Automobile Manufacturers, said that from January to August this year, the cumulative industrial output value of China's auto parts manufacturing industry reached 1.44 trillion yuan, an increase of 15.5% over the same period of last year, although lower than last year. 23.9% growth rate over the same period, but higher than the industry's 12.6% growth rate.
"In addition to the rapid development of the auto parts industry driven by vehicle manufacturing, the increasing vehicle ownership has also opened a huge aftermarket for auto parts in China." Dong Jianping said that in the next few years, China's auto parts industry will remain Will maintain the trend of rapid development.
China's service and parts after-sales market began in 2010, and sales revenue exceeded the 200 billion yuan mark, reaching 224 billion yuan. By 2014, this figure will increase to 652 billion yuan. Experts generally believe that in the next five years, China's domestic parts and components market will maintain an average annual growth rate of at least 20%.
However, domestic and foreign businessmen are optimistic about the opportunities for the development of China's auto parts industry, not just the market itself, but also the upgrading of parts and components and the transformation of technology. Zhao Guoqing, vice president of Great Wall Motor Co., Ltd., said that after experiencing the cost and price competition, China's auto parts industry will face competition in product quality in the future. The future market pattern will be "who has a good product quality and whoever has a large market share".
At present, the scale of China's spare parts industry has taken the lead in the world, and the scale of more than 20,000 companies has formed. However, due to the lack of self-developed funds, high energy consumption and low value-added products, its market competitiveness has gradually declined due to the pursuit of new product quality and quality. This is particularly evident in the field of core technology components and parts.
In China's domestic market, almost all major auto parts are monopolized by foreign advanced manufacturers. The relevant information released by the Ministry of Commerce shows that in the production of automotive EFI systems, engine management systems, ABS, micro-motors and airbags, the share of foreign-funded enterprises reached 100%, 100%, 91%, 97% and 69%, respectively.
According to a rough estimate, the foreign-sales component companies’ sales revenue in China last year was about 900 billion yuan, accounting for 54% of China's spare parts market.
After China liberalized the equity ratio of parts and components companies, the establishment of wholly-owned enterprises by Chinese multinational auto parts companies has become a trend. In recent years, multinational giants such as Delphi, Denso, Sumitomo, Dana USA, Valeo of France, and Fujitsu Electronics of Japan competed to expand investment scale in China.
At present, 70% of the world's top 100 auto parts suppliers have come to China for business, and there are more than 1,200 foreign-funded enterprises that manufacture auto parts in China.
"As the domestic and foreign capitals are more optimistic about the development prospects of China's auto parts and components, in the near future, China is expected to become the world's auto parts production and manufacturing center." Dong Yang said.
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