Cindy@njprecisionengineering.com

Development of auto parts in China | industry trends | Nanjing Precision Engineering

by:NJPE     2020-02-08
As an important part of the automobile industry, the automobile parts industry was once restricted by the influence of the planned economic system, and was basically limited to providing all kinds of supporting parts for the production of complete vehicles, with the rapid development of the domestic economy since 1980s, the introduction of foreign-funded enterprises and technologies, and the continuous enhancement of national consumption capacity, the auto parts industry has also undergone tremendous changes. 1. Foreign investment and introduction and market competition: Since the reform and opening up, a large number of foreign-funded enterprises have entered the Chinese auto parts market, which not only helps the auto parts industry to achieve great improvement in overall scale, production capacity and technical level, at the same time, it has also caused competitive pressure on domestic enterprises, prompting domestic enterprises to continuously improve themselves in quality, technology, market promotion and other aspects. 2. Gradually integrate into global procurement: With the continuous development and maturity of the auto parts industry in the domestic market, all kinds of domestic enterprises are providing supporting products to domestic vehicle factories, it has also gradually developed into overseas markets, and the export volume of auto parts has grown steadily. 3. The proportion of service matching is increasing: while the production and sales volume of automobiles are increasing, the demand for automobile maintenance is also gradually expanding. Therefore, while the production enterprises are supporting, the demand for auto parts in the after-sales maintenance market will also gradually expand. Benefiting from the continuous progress of science and technology and the gradual emergence of the importance of environmental protection, the automobile industry has continuously shown new development directions under the influence of policies, technologies, consumer demand, etc, the auto parts industry has also shown new development trends. 4. New energy vehicles: Since the 20th century, research and development attempts for new energy vehicles have been carried out in many large automobile enterprises, as the significance of energy conservation and emission reduction continues to gain new understanding after entering the 21st century, new energy vehicles have gained new development opportunities in recent years, the sales of pure electric vehicles and hybrid vehicles in many markets around the world have gradually increased, and the construction of supporting infrastructure such as charging piles has gradually improved. For auto parts companies, with the market share of new energy vehicles gradually increasing, automotive batteries, motors, control systems, etc. will bring new market space. 5. Lightweight of automobiles: in addition to new energy automobiles, as weight reduction can greatly reduce the fuel consumption of vehicles, lightweight of automobiles is also one of the lakes in the automobile industry under the background of energy conservation and emission reduction. Recently, the focus of automobile lightweight is mainly on the optimization of body structure and lightweight materials. For enterprises that produce automobile chassis, body, engine and other parts, the research results of lightweight are of great value to the sustainability of future growth of enterprises. 6. Intelligentization: in recent years, new technologies emerging in the fields of smart phones and smart home appliances have gradually entered the daily life of consumers. Affected by this, smart cars, unmanned driving and other fields have also become hot areas in the automotive industry in recent years. Under the influence of this trend, human-computer interaction, vehicle entertainment system, communication system, etc. are expected to become the new favorite of the auto parts industry, new development opportunities will be ushered in in the next few years with the recovery of domestic manufacturing industry in 2016 and the recovery of the growth rate of production and sales of the automobile industry, the automobile parts industry has also ushered in a rebound, the output growth rate of some products has rebounded from the previous year. Among them, the output of rubber tires reached 94. 7 billion, with a year-on-year growth rate. 4%; The engine output was 2260. 01 million kilowatts, a year-on-year increase of 11. 2%. NJPE- World-class lamp mould manufacturers, our products are exported to all parts of the world, with many domestic and foreign large-scale enterprise cooperation experience! Want to know more welcome to call! Or click on the right side of the consultation online customer service! Enter NJPE official website https://www . njprecisionengineering. Com/learn more. The development of global auto parts industry and the operation of major industries owned by auto parts manufacturing enterprises
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