2022-2027 Development Prospect Forecast Report of Auto Parts Industry at Home and Abroad
Release time:
2022-04-23
(1) The auto parts industry is mainly dominated by traditional auto industry powers such as Japan, Germany and the United States, and the gap between Chinese auto parts companies and international leading companies is gradually narrowing
Auto parts manufacturers are characterized by professionalism, independence and globalization, and are mainly distributed in the United States, Japan, and Germany. According to the 2020 Top 100 Global Auto Parts Companies released by China Automotive News, the top 10 global auto parts companies except Weichai Group are located in China, and the other nine are in Germany, Japan and other traditional auto industry strong countries; the top 100 companies Among the companies, Japan, Germany and the United States have the most parts and components companies. Among them, Japan ranks first with 27 companies, Germany ranks 17th, and the United States ranks third with 15 companies. Comparatively speaking, Chinese auto parts enterprises started late, but they are in continuous progress. With cost advantages, advanced manufacturing capabilities, rapid response capabilities, and simultaneous R&D capabilities, Chinese auto parts companies continue to expand the market, and the gap with international leading companies is gradually growing. Narrowed down, 11 companies entered the top 100 global auto parts list.
(2) The auto parts industry is gradually shifting to emerging markets, and procurement is globalized
At present, the automobile consumption market in developed countries and regions such as the United States, Europe and Japan is gradually saturated, and the automobile market in emerging countries such as China and India has become the most growing automobile consumption market in the world. Price advantage, with the increasingly fierce competition in the automobile manufacturing industry, in order to effectively reduce production costs and develop emerging markets, automobile and parts companies have begun to accelerate industrial transfer to China, India, Southeast Asia and other countries and regions.
With the gradual globalization of the auto parts industry, OEMs and Tier 1 suppliers will select the best parts to purchase on a global scale based on product quality, price, delivery and other conditions, and are no longer limited to Only domestic parts and components are purchased, and parts companies are no longer limited to only supplying domestic downstream companies, and sell their products globally.
(3) my country's auto parts industry has broad prospects for development
The auto parts industry is an important part of the auto industry. Benefiting from the market demand brought about by the continuous development of the vehicle manufacturing industry, my country's auto parts industry has also achieved rapid growth in the past ten years. From 2011 to 2017, my country's automobile production and sales were in a continuous growth trend, and the auto parts industry developed rapidly. The industry's sales revenue increased from 1.98 trillion yuan in 2011 to 3.88 trillion yuan in 2017, with an average annual compound growth rate of 1.98 trillion yuan. 11.89%; In 2018 and 2019, affected by the decline in vehicle production and sales, the sales revenue of my country's auto parts industry also declined compared with 2017; in 2020, under the impact of the new crown pneumonia epidemic, my country's auto parts industry sales Revenue rose against the trend, an increase of 55.295 billion yuan or 1.55% over 2019.
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