China's auto parts development

As an important component of the automobile industry, the auto parts industry was once constrained by the planned economic system and was basically limited to providing all kinds of supporting parts for the production of the whole vehicle. With the rapid development of the domestic economy since the 1980s, foreign investment With the introduction of enterprises and technologies and the continuous increase in national spending power, the auto parts industry has also undergone tremendous changes.

1. Foreign capital and the introduction of competition with the market: Since the reform and opening up, a large number of foreign-funded enterprises have entered the Chinese auto parts market, not only helping the auto parts industry achieve a huge increase in overall scale, production capacity and technical level, but also causing competitive pressure on domestic companies. , to promote domestic enterprises in the quality, technology, marketing and other aspects of continuous self-improvement.

2. Gradually integrate into global procurement: With the continuous development and maturation of the auto parts industry in the domestic market, various domestic companies are gradually developing their products to overseas markets while exporting auto parts to domestic auto manufacturers. The volume has steadily increased.

3. Increase in the proportion of service support: As the production and sales volume of automobiles continues to grow, the demand for vehicle maintenance also gradually expands. Therefore, at the same time that production companies support them, the demand for auto parts and components in the aftermarket maintenance market will gradually expand. Benefiting from the continuous progress in the level of science and technology and the importance of environmental protection gradually appearing, the automotive industry continues to show new directions of development under the influence of policies, technologies, consumer demand, etc., and the auto parts industry continues to show new development trends. .

4. New energy vehicles: Since the 20th century, the R&D efforts for new energy vehicles have been carried out in many large-scale automobile companies, and with the significance of energy conservation and emission reduction, new understandings will continue to emerge after entering the 21st century. In recent years, the automobile has obtained new opportunities for development. The sales of pure electric vehicles and hybrid vehicles in various markets around the world have gradually increased, and the construction of supporting infrastructure such as charging piles has also gradually improved. For auto parts companies, with the gradual increase in the market share of new energy vehicles, automotive batteries, motors, and control systems will bring new market space.

5. Lightweight cars: In addition to new energy vehicles, the reduction in weight can significantly reduce the vehicle's fuel consumption. Therefore, light vehicle weight is also one of the lake flows under the background of energy conservation and emission reduction. Recently, the focus of automotive weight reduction has focused on the optimization of body structure and lightweight materials. For companies that manufacture automotive chassis, body, and engine parts, the lightweight research results will contribute to the sustainability of the company's future growth. It has more important value.

6. Intelligentization: In recent years, emerging technologies such as smart phones and smart home appliances have gradually entered the daily lives of consumers. As a result, smart cars, unmanned vehicles and other fields have also become hot areas in the automotive industry in recent years. Under the influence of this trend, human-computer interaction, in-vehicle entertainment systems, and communication systems are expected to become the new darling of the auto parts industry. In the next few years, new development opportunities will usher in. With the recovery of domestic manufacturing industry in 2016 and the The rebound in the growth rate of the industry's production and sales, the auto parts industry has also ushered in a rebound, and the growth rate of some products has risen in different degrees from last year. Among them, the output of rubber tires reached 94.7 billion, which represented a year-on-year growth rate of 2.4%; engine output was 2,26 million kilowatts, which was 11.2% more than the same period of last year.