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According to CRI, there are fixed suppliers of most auto parts that China's automobile manufacturers demand. In the automobile after-market, the major buyer is auto part dealers, which account for over 80%.
In 2017, China's tire export will remain dim. This is mainly due to the slowing growth of the global economy and the increasing international trade barriers. For another, China's is faced with heavy inflation pressure, bringing up the cost in the tire industry and consequently reducing the competitiveness of Chinese...
According to the analysis of CRI, the output volume and sales volume of automobiles in China are predicted to increase year by year with the rapid development of Chinese economy.
As the basis of auto industry, auto parts are necessary for its sustained healthy development.
The output volume and sales volume of automobiles both exceeded 21 million in China in 2013, ranking first in the world. Meanwhile, the automobile component industry develops significantly in China.
The production volume of vehicles was 22.1168 million in China in 2013. According to CRI, the demand for auto wiring harness exceeded 1.4 billion while the market size surpassed USD 10 billion.
The development of automobile market, especially the rapid growth of passenger vehicles market, promotes the development of sunroof market in China. The production volume of automobiles in China was merely 2.07 million in 2000. Most vehicles were not equipped with sunroof when leaving factory, while merely a small...
The U.S. & European market for diagnostic scan tools is is projected to reach $3,786.1 million in 2018, growing at a CAGR of 5.23% over the forecast period.
Automotive brakes have evolved from simple wooden block brakes which were used in steel rimmed wheels, to the modern day disc and drum brakes with electronic assistance. The key function of brakes in automobiles is to slow down…
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