ReportsnReports.com adds new market research report “Research Report on China's Automobile Spare Parts Industry, 2013-2017” to its store.

Dallas, Texas (PRWEB) January 01, 2013

In China, the automobile spare parts industry refers to the manufacture of motor vehicles and various accessories of their bodies. Automobile spare parts researched in this report mainly include engines, tires, automobile glass, automobile electronics, etc.

With 30 years of development since the reform and opening up, especially the rapid and stable growth of China's automobile market, the overall strength of China automobile spare parts industry got greatly enhanced in recent 10 years. Centering on vehicle matching and international market, six major spare parts producing clusters, i.e., Beijing-Tianjin-Hebei, Northeast China, Sichuan-Chongqing, Hunan-Hubei, the Yangtze River Delta and Pearl River Delta as well as 12 state-level automobile spare parts export bases have been formed nationwide. In future, the development of China's automobile spare parts industry is vital to that of China's automobile industry.

As China becomes the world's largest country for the production and sales of automobiles, its automobile spare parts industry also maintains a rapid growth. In 2012, the market size of China's automobile spare parts already exceeds CNY 2 trillion.

The overall engine technologies of China are on the low and medium-end levels globally. Among them, the gasoline engine industry is relatively dispersed. The market is dominated by joint-venture brands, and the self-supply trend of vehicle enterprises is evident; the concentration rate of diesel engines is relatively high. The market is basically occupied by local enterprises, and the share continuously concentrates towards leading enterprises.

The concentration rate of China's automobile tire industry is relatively low, and the market competition is fierce. By virtue of advantages in capital and technologies, foreign-funded enterprises account for over half of the market share. Moreover, the share is up to 80% in the medium and high-end tire fields; local enterprises dominate the low and medium-end markets.

The automobile glass market of China is mainly dominated by Fuyao Glass Industry Group Co., Ltd. and Xinyi Glass Holdings Limited; it is difficult to enter the industry for certain barriers are already formed.

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