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How is China’s auto parts market, is it saturated?

Apr 21, 202615viewsBlogs

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As of the end of 2014, my country’s car ownership exceeded 150 million (including 105 million private cars), and an average of more than 20 million new cars and more than 5 million second-hand cars were added every year.

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As of the end of 2014, my country’s car ownership exceeded 150 million (including 105 million private cars), and an average of more than 20 million new cars and more than 5 million second-hand cars were added every year. This trend has been the same in the past 5 years. It will continue to grow in 5 years or even longer.

How is China's auto parts market, is it saturated?

137 million vehicles as of the end of 2014CarThe cars are more than 3.23 years old, and these cars are repaired 330 million times a year. This year, 54% of the cars will exceed the warranty period. If there is a problem, you will have to pay for the repair.

The country is currently large and smallAuto partsAccording to the statistics of the city, there are more than 600 (the actual number should be more than 1,000). A store in a relatively large-scale auto parts city can generate 10 million sales a year, and the national auto parts scale is about 500-600 billion per year. The scale.

How is China's auto parts market, is it saturated?

In the United States, there are many companies that have been operating auto parts for more than 50 years (such as Oreilly Auto), and there are nearly 100 years (such as JC Whiteney), and many companies (such as NAPA) have more than 4,000 auto parts supermarket chains (Suning There are about 1,600 stores across the country), their auto parts market (and auto aftermarket) is at least 30 years ahead of us, and they are far from being saturated.

Obviously not. The number of car

MaterialHigh-tensile steel / forged aluminum
FinishE-coat / powder paint / zinc plating
StandardsIATF / ISO-based process control
Warranty24 months
MOQ50-100 pcs per reference
Lead Time25-35 days after PO
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Toyota, Honda, Nissan, BMW, Mercedes-Benz, Ford, Hyundai, Kia, Volkswagen, Land Rover, and more...

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