The status of major domestic auto parts market

September 18, 2018

According to the research report of Shuiqing Muhua, thanks to the rapid development of the auto vehicle industry, the development speed of China's auto parts industry has accelerated significantly in recent years. In 2009, China's auto parts and components manufacturing industry achieved a total industrial output value of 108.2 billion yuan, an increase of 20.39% from the same period of 2008. In February 2010, the number of Chinese auto parts and above-scale enterprises rose to 10,788, and the number of employees exceeded 2 million, which was better than in 2009.

From a regional point of view, the characteristics of China's auto parts clusters are obvious. Among them, a relatively large number of auto parts areas are: the Yangtze River Delta, the Pearl River Delta, and the Northeast. The Yangtze River Delta region relies mainly on Shanghai Volkswagen, Shanghai General Motors, Chery Automobile, Jiangsu Yaxing, Nanjing Jinling Passenger Car, Nanjing Fiat, etc. The Pearl River Delta region relies mainly on Guangzhou Honda and Guangzhou Fengshen; Relying on FAW Group, the total industrial output value of auto parts and components manufacturing industry in these three regions in 2009 accounted for 54.3% of the country's total output value.

From the product point of view, automotive glass, automobile tires, car audio and other products are mainly based on foreign brands. In 2009, China's car glass OEM market share of the top five are foreign brands; automobile tires and car audio preloading market There are four foreign brands in the top five volumes. The automotive engine is based on domestic production. In 2009, sales of the top five automotive engine plants were: Yuchai, Dongan Power, Weichai, Dongfeng Cummins and Shangchai, of which only Dongfeng Cummins was a Sino-foreign joint venture.

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