Study #: 2621

Published: 03/2010

Pages: 332

Full Study Price: US$ 5,300

Per Page Price: US$ 30.00

Automotive Aftermarket in China to 2014 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

The automotive aftermarket in China will grow 18.3 percent annually through 2014, driven by the country’s expanding and aging stock of light vehicles. Mechanical products will remain the most common types, while electronics grow the fastest. Low-speed vehicles will continue to be a key aftermarket in rural areas.

This study analyzes 71 billion yuan automotive aftermarket in China. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product type (e.g., mechanical, exterior and structural, electrical, electronic) and service performer (professional, consumer/DIY).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 43 industry participants, including China FAW, Shanghai Automotive Industry Corporation and Dongfeng Motor.

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TABLE OF CONTENTS


SECTION                                                                          PAGE

                 INTRODUCTION                                                      xi
                 
          I.     EXECUTIVE SUMMARY                                                  1

         II.     MARKET ENVIRONMENT                                                 4
                 General                                                            4
                 Economic Overview                                                  7
                     Recent Economic Performance                                    7
                     Economic Outlook                                              11
                 Demographic Overview                                              14
                     Population                                                    14
                     Urbanization                                                  17
                 Personal Income Trends                                            18
                 Light Vehicle Market Trends                                       20
                     Light Vehicle Production                                      23
                     Light Vehicle Park                                            25
                     Light Vehicle Producers                                       26
                 Policy & Regulatory Factors                                       31
                     The Eleventh Five-Year Plan                                   32
                     Vehicle Purchasing Incentives                                 35
                     Motor Vehicle Emission Standards                              38
                     
        III.     AFTERMARKET TRENDS                                                42
                 General                                                           42
                 Pricing Trends                                                    44
                 Demand Trends                                                     46
                 Technology & Materials Trends                                     50
                 Foreign Trade & International Issues                              51
                 
         IV.     MECHANICAL PRODUCT AFTERMARKET                                    55
                 General                                                           55
                 Steering & Suspension Components                                  56
                     Shock Absorbers & Struts                                      58
                     Tie Rod Ends & Ball Joints                                    60
                     Other Steering & Suspension                                   60
                 Brake Parts & Assemblies                                          61
                     Cylinders & Calipers                                          64
                     Drums & Rotors                                                65
                     Shoes, Pads & Linings                                         67
                     Other                                                         68
                 Filters                                                           69
                     Oil Filters                                                   71
                     Air Filters                                                   73
                     Fuel Filters                                                  74
                     Other Filters                                                 75
                 Engines & Parts                                                   76
                     Engines, Blocks & Cylinder Heads                              78
                     Pistons & Rings                                               80
                     Valves, Seats & Related                                       81
                     Other                                                         82
                 Drivetrain Components                                             84
                     Clutch Assemblies                                             86
                     Wheels & Hubs                                                 87
                     Axles & Parts                                                 88
                     Other                                                         89
                 Transmissions & Parts                                             91
                     Transmissions                                                 94
                     Parts                                                         95
                 Fuel Systems & Components                                         96
                     Fuel Injection Products                                       97
                     Fuel Pumps                                                    99
                     Carburetors & Parts                                          100
                     Other                                                        100
                 Exhaust & Emission System Components                             101
                     Mufflers & Pipes                                             103
                     Catalytic Converters                                         104
                     Other                                                        105
                 Air Conditioning System Components                               106
                     Major Components                                             108
                     Parts & Accessories                                          109
                 Cooling System Components                                        111
                     Radiators & Parts                                            112
                     Water Pump Assemblies                                        113
                     Other                                                        114

                              
          V.     EXTERIOR & STRUCTURAL PRODUCTS 
                     AFTERMARKET                                                  116
                 General                                                          116
                 Tires                                                            118
                 Windshield Wipers                                                121
                 Windows & Glass                                                  123
                 Other                                                            127
                 
         VI.     ELECTRICAL PRODUCT AFTERMARKET                                   129
                 General                                                          129
                 Batteries                                                        130
                 Ignition Systems & Parts                                         132
                     Starters                                                     134
                     Ignition Harnesses, Cables & Coil                            135
                     Other                                                        136
                 Lighting Equipment                                               137
                     Parking, Tail & Interior                                     138
                     Headlamps & Bulbs                                            139
                     Parts & Accessories                                          141
                 Spark Plugs                                                      141
                 Charging Equipment                                               143
                 Other                                                            144
                 
        VII.     ELECTRONIC PRODUCT AFTERMARKET                                   146
                 General                                                          146
                 Electronic Controls & Modules                                    147
                     Engine & Drivetrain                                          149
                     Other                                                        150
                 Auto Sound                                                       151
                 Navigation Products                                              152
                 Security Systems                                                 154
                 
       VIII.     AUTOMOTIVE AFTERMARKET BY PERFORMER                              157
                 General                                                          157
                 Professional                                                     158
                     Service Providers                                            162
                     Auto Clubs                                                   164
                 Consumer/DIY                                                     165

         IX.     LOW-SPEED VEHICLE AFTERMARKET                                    169
                 General                                                          169
                     Low-Speed Vehicle Overview                                   170
                     Supply & Demand                                              172
                 Low-Speed Vehicle Aftermarket                                    175
                     Battery & Tire Aftermarket                                   177
                     Mechanical Parts Aftermarket                                 179
                     Other Aftermarket                                            181
                 Low-Speed Vehicle Aftermarket Parts Distribution                 182
                 
          X.     INDUSTRY STRUCTURE                                               184
                 General                                                          184
                 Industry Composition                                             185
                 Market Share                                                     188
                 Mergers, Acquisitions & Industry Restructuring                   192
                 Product Development & Manufacturing                              195
                 Marketing                                                        198
                 Distribution                                                     199
                 Cooperative Agreements                                           201
                 Foreign Participation in China                                   214
                     Legal & Regulatory Issues                                    214
                     Joint Ventures                                               216
                     Wholly Owned Foreign Enterprises                             218
                     Representative Offices                                       219
                 Company Profiles                                                 221
                     ASIMCO Technologies Limited                                  222
                     Baoding Jin Fengfan Storage Battery, see Fengfan Stock
                     Beijing Foton Cummins Engine, see Cummins
                     Bengbu Jinwei Filters Company Limited                        225
                     Bosch (Robert) GmbH                                          226
                     Bridgestone Corporation                                      229
                     Changan Automobile Company Limited                           231
                     Changan Ford Mazda Automobile, see Changan 
                       Automobile and Ford Motor                                     
                     Changan Ford Mazda Engine, see Changan Automobile 
                       and Ford Motor 
                     Chengdu Tonglin Casting Industrial Company Limited           234
                     China FAW Group Corporation                                  236
                     Chongqing Changan Suzuki Automobile, see Changan Automobile     
                     Chongqing Changjiang Bearing Industrial Corporation          243
                     Continental AG                                               244
                     ContiTech, see Continental
                     Cummins Incorporated                                         249
                     Delphi Automotive LLP                                        252
                     Dongfeng Cummins Engine, see Cummins and 
                       Dongfeng Motor                                                
                     Dongfeng Honda Automobile, see Dongfeng Motor and 
                       Honda Motor
                     Dongfeng Motor Corporation                                   256
                     FAW Car, see China FAW Group
                     FAW-Valeo Climate Control Systems, see 
                       China FAW Group and Valeo
                     FAW-Volkswagen Automobile, see China FAW Group                  
                     FAWER Automotive Parts, see China FAW Group
                     Federal-Mogul Corporation                                    261
                     Fengfan Stock Limited Company                                263
                     Ford Motor Company                                           264
                     Foshan Ichikoh Valeo Auto Lighting Systems, see Valeo
                     Foshan Tora Filter MFRS Company Limited                      267
                     Fuyao Glass Industry Group Company Limited                   268
                     Geely Automobile Holdings Limited                            270
                     General Motors Company                                       272
                     Goodyear Tire & Rubber Company                               276
                     Guangzhou Fuyao Glass, see Fuyao Glass Industry Group 
                     Guangzhou Honda Automobile, see Honda Motor
                     Guizhou Dazhong Rubber Company Limited                       278
                     Guizhou Honghu Machinery Works Company Limited               279
                     Hangzhou Zhongce Rubber Company Limited                      280
                     Hella KGaA Hueck & Company                                   281
                     Honda Motor Company Limited                                  282
                     Hubei Camel Storage Battery Company Limited                  284
                     Jiangxi Jiangling Holding, see Changan Automobile
                     Jiangling Motors, see Changan Automobile and Ford Motor 
                     Johnson Controls Incorporated                                285
                     Laizhou Sanli Auto Replacement Parts Company Limited         287
                     Luoyang Bearing Corporation                                  288
                     Michelin Group                                               289
                     Nanjing Huade Spark Plug, see Bosch (Robert)
                     Nanjing Valeo Clutch, see Valeo
                     Nexteer Automotive, see General Motors
                     NSL Limited                                                  291
                     Qingdao Toyo Radiator, see T. Rad
                     Qufu Kailun Automobile Parts and Components 
                       Manufacturing, see Geely Automobile Holdings
                     Ruiming Group Company Limited                                292
                     SAIC-GM-Wuling Automobile, see General Motors and Shanghai Automobile Industry
                     Schaeffler KG                                                293
                     Shandong Binzhou Bohai Piston Company Limited                294
                     Shandong Gold Phoenix Group                                  295
                     Shanghai Automotive Brake Systems, see Continental
                     Shanghai Automotive Industry Corporation Group               296
                     Shanghai Cosmopolitan Automobile Accessory, see 
                       Shanghai Automotive Industry
                     Shanghai-Delphi Automotive Door Systems, see Delphi and Shanghai Automotive Industry
                     Shanghai Fleetguard Filter, see Cummins and 
                       Dongfeng Motor 
                     Shanghai General Motors, see General Motors and 
                       Shanghai Automotive Industry
                     Shanghai Huizhong Automotive Manufacturing, see 
                       Shanghai Automotive Industry
                     Shanghai Koito Automotive Lamp Company Limited               304
                     Shanghai SIIC Transportation Electric, see 
                       Shanghai Automotive Industry
                     Shanghai Valeo Automotive Electrical Systems, see 
                       Shanghai Automotive Industry and Valeo
                     Shanghai Volkswagen Automotive, see 
                       Shanghai Automotive Industry
                     Sichuan FAW Toyota Motor, see China FAW Group
                     T. Rad Company Limited                                       305
                     Tenneco Incorporated                                         307
                     Tianjin FAW Xiali Automobile, see China FAW Group 
                     Tianjin FAW Toyota Motor, see China FAW Group
                     United Automotive Electronic Systems, see Bosch (Robert) 
                     Valeo SA                                                     309
                     Wanxiang Qianchao Company Limited                            313
                     Weifu High-Technology Company Limited                        314
                     Wuxi Belt Company Limited                                    315
                     Wuxi Honghu Muffler, see Guizhou Honghu 
                       Machinery Works 
                     Wuxi Weifu Lida Catalytic Converter, see 
                       Weifu High-Technology
                     ZF Lenksysteme, see Bosch (Robert)
                     ZF Shanghai Steering, see Bosch (Robert) and 
                       Shanghai Automotive Industry
                 Other Companies Mentioned in the Study                           317
                  

                                  LIST OF TABLES
                                          
TABLE NUMBER                                                                     PAGE


                 SECTION I -- EXECUTIVE SUMMARY
                 Summary Table                                                      3

                 SECTION II -- MARKET ENVIRONMENT
           1     Gross Domestic Product of China                                   13
           2     Population of China                                               16
           3     Consumer Income & Expenditures in China                           20
           4     China Light Vehicle Indicators                                    23

                 SECTION III -- AFTERMARKET TRENDS
           1     Automotive Aftermarket Demand in China                            49

                 SECTION IV -- MECHANICAL PRODUCT AFTERMARKET
           1     Automotive Mechanical Product Aftermarket in China                56
           2     Automotive Steering & Suspension Aftermarket in China             58
           3     Automotive Brake Parts & Assemblies Aftermarket in China          64
           4     Automotive Filter Aftermarket in China                            71
           5     Automotive Engine & Parts Aftermarket in China                    78
           6     Automotive Drivetrain Component Aftermarket in China              86
           7     Automotive Transmissions & Parts Aftermarket in China             93
           8     Automotive Fuel Systems & Components Aftermarket in China         97
           9     Automotive Exhaust & Emission System Aftermarket in China        103
          10     Automotive Air Conditioning System Components 
                     Aftermarket in China                                         108
          11     Automotive Cooling System Component Aftermarket in China         112

                 SECTION V -- EXTERIOR & STRUCTURAL 
                     PRODUCTS AFTERMARKET 
           1     Automotive Exterior & Structural Products  
                     Aftermarket in China                                         117
           2     Automotive Tire Aftermarket in China                             120
           3     Automotive Windshield Wiper Aftermarket in China                 122
           4     Automotive Window & Glass Aftermarket in China                   126
           5     Other Automotive Exterior & Structural Product
                     Aftermarket in China                                         128

                 SECTION VI -- ELECTRICAL PRODUCT AFTERMARKET
           1     Automotive Electrical Product Aftermarket in China               130
           2     Automotive Battery Aftermarket in China                          132
           3     Automotive Ignition Systems & Parts Aftermarket in China         134
           4     Automotive Lighting Equipment Aftermarket in China               138
           5     Automotive Spark Plug Aftermarket in China                       142
           6     Automotive Charging Equipment Aftermarket in China               144
           7     Other Automotive Electrical Products Aftermarket in China        145

                 SECTION VII -- ELECTRONIC PRODUCT AFTERMARKET
           1     Automotive Electronic Product Aftermarket in China               147
           2     Automotive Electronic Controls & Modules 
                     Aftermarket in China                                         149
           3     Automotive Auto Sound Aftermarket in China                       152
           4     Automotive Navigation Product Aftermarket in China               154
           5     Automotive Electronic Security Systems Aftermarket in China      156

                 SECTION VIII -- AUTOMOTIVE AFTERMARKET 
                     BY PERFORMER
           1     Automotive Aftermarket in China by Performer                     158
           2     Professional Aftermarket in China                                162
           3     Consumer/DIY Automotive Aftermarket in China                     168

                 SECTION IX -- LOW-SPEED VEHICLE AFTERMARKET
           1     China Low-Speed Vehicle Overview                                 175
           2     Low-Speed Vehicle Aftermarket in China                           177
           3     Low-Speed Vehicle Battery & Tire Aftermarket in China            179
           4     Low-Speed Vehicle Mechanical Parts Aftermarket in China          181
           5     Low-Speed Vehicle Aftermarket for Other Parts in China           182

                 SECTION X -- INDUSTRY STRUCTURE
           1     Revenue Data: Selected Automotive Parts Companies, 2009          187
           2     Selected Acquisitions & Divestitures                             194
           3     Selected Cooperative Agreements                                  203
                 
                                    LIST OF CHARTS
                                          
CHART NUMBER                                                                     PAGE


                 SECTION II -- MARKET ENVIRONMENT                                    
           1     Population of China by Age, 1999-2019                             16
           2     Light Vehicle Density Comparison, 2009                            26
           3     Selected Automotive OEM Joint Ventures in China                   28
           4     Consumption Tax Rates on Motor Vehicles in China                  36
           5     Light Vehicle Emissions Standards Rollout in China                40
           6     Emissions Technology Comparison -- ECE 1503 & Euro I-III          41

                 SECTION III -- AFTERMARKET TRENDS                                   
           1     Forces at Work in China's Automotive Parts Aftermarket            44
           2     Automotive Aftermarket Demand in China by Product, 2009           50

                 SECTION X -- INDUSTRY STRUCTURE
           1     Automotive Aftermarket Market Share by Company 
                     in China, 2009                                               189
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