To order or learn more about this report, click here
.
Listen to Technomic Asia's Steve Ganster discuss the China auto report in this episode of the China Business Podcast.
Technomic Asia's China Automotive Aftermarket Report (brand new 3rd edition) is now available.
Contains 175 pages full of statistics, charts, graphs, analysis and insight.
A detailed summary of the report, its contents and details for ordering your own copy are in this summary
.
What lies ahead in China’s auto aftermarket?
China’s automotive industry has exploded in the past five years and is expected to show sustained, double-digit growth through the end of the decade. Historically, the aftermarket has been small, comprised of low-end vehicles, and served by a fragmented parts and service structure. This profile is quickly changing as higher-quality cars produced by foreign-venture auto makers begin to take over the main share of the car parc. To support this growth and shift in vehicle make-up, the aftermarket structure and key players will also change dramatically. This dynamism could offer attractive opportunity to foreign companies in the parts and service businesses.
To make the most out of any opportunity you might have to compete in China’s automotive aftermarket, you must have:
- An insightful and concise snapshot of China’s economy, investment environment, WTO impact and related issues to serve as a backdrop for assessing the automotive aftermarket.
- A long-term growth outlook for China’s light vehicle market in terms of types of vehicles types, drivers/constraints, ownership, etc., which will serve as a foundation for developing a picture of the aftermarket.
- Overview of the total parts and service market, covering size, segmentation, parts types, key players and trends.
- A detailed assessment of China’s automotive parc in terms of size, vehicle composition, age and future growth. A model will be developed to provide a reliable description of the current and evolving light vehicle parc.
- A description of the maintenance and light repair service market covering outlets, services provided, value, etc. Current and forecasted 2010 value by vehicle and service type will also be provided.
- A description of the collision repair market covering the insurance market, accidents rates, service providers, service value, etc. Current and forecasted 2010 value by vehicle type will also be provided.
- A description of “other” major and minor repairs covering the engine and other major overhauls as well as minor “spot” repairs. Current and forecasted 2010 value by vehicle type will also be provided.
- An evaluation of the parts distribution structure describing value chain, key players, auto parts cities, commercial terms and future dynamics.
- Perspective on key opportunities and challenges facing players in China’s automotive aftermarket over the forecast period.
Technomic Asia has developed a special report on China’s automotive aftermarket, now in its 3rd edition, which:
- Provides a logical and clear description of the aftermarket structure in terms of parc, vehicle segmentation and forecasted growth
- Quantifies current market size by key areas such as maintenance & light repair, collision, and major repairs
- Employs a detailed and build-up approach to quantifying and segmenting the market
- Portrays the current and evolving service and parts distribution structure as well as key dynamics
- Develops a logical forecast to 2010 by vehicle and aftermarket business segment
- Presents this insight in a strategic, management-oriented format that can be readily used as a planning tool
For a detailed summary of the report, its contents and details for ordering your own copy, download a report summary
.
