Home » Business News » 2011 » March » March 29, 2011 Scale of Automobile Accessories Market Grows Quickly

March 29, 2011 - Beijing ( latest report shows that as the No.2 automobile consumer market and the No.3 automotive producing country, our automobile spare industrial is developing quickly. reported that thescale of automobile accessories market had increased from 17 billion RMB in the year 2000 to 1 trillion in 2009, which was increasing rapidly.

The analyst from said that it divided the development of automobile spares into 3 parts. Those are the stage of beginning, stage of fluctuation and stage of transition. And the report thinks that China is just in the stage of fluctuation, some automobile spare manufacturers have become the head of spare industrial, and they will facemore and more opportunities. The spare industrial in auto industry will become one of the potential industries in the future.

The analyst of said that at present our country has already appeared a number of export-oriented enterprises. The gross export value of automobile is reaching 19.7 billion U.S. dollars. It is increasing 51% year on year. Because the profit gliding and the raw material's price rising, and the quantity have already reached the international standard, so the foreign companies are all purchasing the auto-part from China. points out that there are almost 70% automobile spare suppliers ranked global Top 100. However, from the long-term development view, the automobile spare industrialneeds technological innovation and to enhance the scientific research ability, enter the high added value, high-tech products field. For example, Car Navigation System, Shock Absorber, Brake, Engine, Battery and the air-conditioned compressor.

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