China Automotive Aftermarket Research Report

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• Rising Volume Sale of Automobile to Boost Demand
  for China Automotive Aftermarket Ken Research

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• The report titled Automotive Aftermarket in
  China, provides a comprehensive analysis of
  Chinas automotive aftermarket, growth of the
  sector, major products, leading players new
  trends and future of Chinas automotive
  aftermarket. China is the emerging and fastest
  growing countries within the automotive
  aftermarket industry. The country generates
  billions of revenue in the automotive aftermarket
  industry. The growing automobile manufacturing
  industry has led to the development of the
  aftermarket industry which also has a strong
  growth due to the increasing number of
  automobiles that are in use across China. The use
  of automobiles in China would continue increasing
  rapidly in future years. China has encouraging an
  open and rational market structure that has
  helped to facilitate the development of the
  automobile parts and accessories market.

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Growth of the Automotive Aftermarket

• The automotive aftermarket in China is still at a
  budding stage and will witness an annualized
  growth. Technological changes, innovations and
  new players are relatively frequent in the
  aftermarket industry. Several foreign
  manufacturers in the joint ventures introduced
  advanced technologies and management expertise in
  the aftermarket industry. The major factors
  affecting the aftermarket industry are successful
  industrial relations policy, having an extensive
  distribution/collection network, and undertaking
  technical research and development.

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Chinas Aftermarket Products and Leading Players

• The aftermarket industry in China comprises of
  spare parts, accessories, components for motor
  vehicles, motor vehicle bodies, and parts for
  electric motors. The major industry products in
  Chinas aftermarket are mechanical parts and
  accessories, electric motor parts and
  accessories, electronic parts and accessories,
  engine parts and accessories, chassis parts and
  accessories, automobile body parts and
  accessories, electric components and parts, other
  parts and accessories. Majors leading aftermarket
  dealers in China are PANGDA Automobile Trade
  Group Co., Ltd., Sinomach Automobile Co., Ltd.,
  Zhongsheng Group Holdings Limited, Dah Chong Hong
  Holdings Limited, China Grand Automotive Services
  Co., Ltd., China ZhengTong Auto Services Holdings
  Limited, China Yongda Automobile Services
  Holdings Limited, Wuxi Commercial Mansion Grand
  Orient Co., Ltd., Baoxin Auto Group, Harmony
  Auto, Yaxia Automobile, Materials Industry
  Zhongda Group Co., Ltd., Lei Shing Hong, and
  Hengxin Automotive.
• The aftermarket in China also consists of used
  car sales, automotive finance, car repair, car
  interiors and automotive insurance markets. There
  is a demand for used cars in China due to the
  frequent mergers and acquisitions in car industry
  and the vast networking of automotive
  distribution. It was observed that the sale of
  new and used cars in China has been rising
  drastically over the recent years. Chinas
  automotive distribution and aftermarket are
  diversified due to 4S store mode which was
  replaced by business modes like automobile
  e-commerce and automobile supermarket.

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Future of Automotive Aftermarket in China

• Chinese government decisions regarding
  regulations and incentives also influence the
  direction and development of aftermarket
  services. The lifetime of automobiles in China
  has reach 5 years by the year 2018and the Chinese
  automotive aftermarket will experience a boom in
  the next few years. The automotive aftermarket in
  China will surely generate some opportunities and
  challenges that automotive companies, auto part
  makers and aftersales service providers encounter
  when looking to secure high performance. This
  boom is meant for a dramatic growth in passenger
  vehicle sales because of the large population
  providing vast potential for aftermarket which
  will continue to increases in the future.
  Aftermarket growth is connected with the growth
  in related industries, such as repairs,
  maintenance, auto finance, car beauty,
  modification, and second hand sales. Chinese
  automotive aftermarket is on the verge of massive
  expansion due to the faster growth rate than the
  car industry will experience.

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Key Topics Covered in this Report

• China Automotive Aftermarket Research Report
• China Automotive Industry Analysis
• China Automotive Aftermarket Volume Sales
• China Automotive Aftermarket Revenue
• China Automotive Aftermarket Analysis
• China Automotive Aftermarket Sector Forecast
• China Automotive Aftermarket Industry Competition
• China Automotive Aftermarket Industry Future
  Outlook
• China Automotive Aftermarket companies
• China automotive Aftermarket Industry Trends

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  onents/automotive-aftermarket-in-china/143976-100.
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