In 2023, The Dawn Of Auto Parts Industry Is in Front Of Us

Feb 23, 2023|

 

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   Auto parts is a product that constitutes the whole unit of the automobile and serves the automobile. There are many kinds of auto parts. With the improvement of people's living standards, people's consumption of cars is also increasing, and the auto parts market is becoming bigger and bigger. In recent years, auto parts manufacturers are also developing rapidly.

  History of global industry development

  The growth of the world automobile industry has experienced a long period of germination and development. The birth of the automobile was in Europe, but the formation of the automobile industry marked by mass production was in the United States, and then expanded to Europe, Japan and the world. At present, China has become the main production area in the auto parts industry:

Industry development history

China's auto parts industry has mainly experienced five stages of development. At present, China is in the process of vigorously developing advanced and sophisticated technology and breaking foreign technology monopoly. At present, China's core auto parts are still in the stage of import dependence.

  Industrial chain analysis

  The upstream of China's auto parts industry chain includes various raw materials used for assembly and installation of parts, including steel, non-ferrous metals, plastics and glass, etc., while the middle reaches of the auto parts are rich in types and styles, among which engine sets and electronic control systems are core auto parts. The downstream application scenario of auto parts industry is mainly for the vehicle manufacturing plant, and the auto parts wholesaler is also one of the main downstream links of auto parts.

Driven by the rapid development of vehicle industry, Chinese auto parts industry is accelerating obviously in recent years. Along with the increment of the total quantity of automobile in our country, the demand for automobile parts is increasing. Under the influence of the global configuration of production, procurement, sales and after-sales service in the automobile production process, the export market of Chinese auto parts industry is also increasing year by year.

  It is not difficult to see that the next few years will still be the golden period for the development of China's automobile industry, and the development prospect of China's automobile aftermarket is also very broad.

  The next return to the key, auto parts industry development trend!

ⅰ. Merger and reorganization may become a big trend

  At present, most domestic auto parts companies have low sales, compared with the tens of billions of dollars in sales of multinational giants, Chinese auto parts companies are significantly smaller. Moreover, our manufacturing exports are always famous for cheap, transnational large-scale enterprises in order to effectively reduce production cost, develop emerging markets not only to low cost countries and regions on a large scale transfer of production and manufacturing links, but also gradually extend the transfer scope to research and development, design, procurement, sales and after-sales service links, transfer scale is larger and higher.

If domestic parts enterprises want to occupy a place in the future international market competition, the quickest way is to form a large-scale parts enterprise group through merger and reorganization. The merger and reorganization of spare parts enterprises is more urgent than the whole vehicle. If there is no big spare parts enterprises, the cost cannot be reduced, the quality cannot be improved, the development of the whole person industry will be extremely difficult. Domestic parts enterprises are small in scale, weak in strength and lack of research and development ability. In this context, if the parts industry wants to develop rapidly, it must speed up merger and reorganization to form scale effect.

ⅱ. Emergence of large auto parts dealers

  Comprehensive auto parts dealers will grow. The supply of auto parts as an important part of the maintenance market, its scale can solve the current problems in China's maintenance market such as product quality, cost opacity and so on. At the same time, large comprehensive dealers can improve circulation efficiency and reduce circulation costs to provide protection for spare parts for quick repair stores.

Business coverage and cost control are the key problems faced by comprehensive auto parts dealers. Whether we can help chain stores solve the problems of high procurement cost and low efficiency will become the key to the success of large dealers.

ⅲ. Rapid development of new energy components

  It should be noted that many auto parts companies that achieved "bright" results in 2018-2019 all believe in their financial reports that their performance was boosted by the development of new energy vehicle batteries and other parts.

The lithium battery division and the new energy vehicle Division enjoyed great development. In 2020, new energy will become a big explosion in the automobile industry! As for the problems to be solved in the development process of auto parts enterprises, Chen Guangzu, a member of the China Automotive Industry Advisory Committee, said, "As the country attaches great importance to energy conservation and emission reduction, the most urgent requirement for traditional fuel vehicle parts supply enterprises is to transform the engine and solve the emission problem. For the parts supply enterprises of new energy vehicles, the current need to further improve the battery endurance and other technologies.

ⅳ. Globalization of auto parts will become a trend

Automobile parts globalization will become a trend, in the future period of time, our country will still be exported and internationalized as the main melody. With the change of the organization structure of auto parts industry, more and more auto factories will implement the global procurement of parts. However, China's huge scale of manufacturing industry and the characteristics of high quality and low price can not be changed in a short time, so the auto parts wholesale in the future will still be export and international as the main melody. At present, international purchasers are becoming more rational and practical about purchasing in China by selecting and cultivating potential core suppliers; Strengthen the logistics integration, strengthen the communication with foreign factories in China to improve their enthusiasm for export, disperse the purchasing destination, and decide the purchasing location by comparing with other emerging markets.

  The process of purchasing in China. Although international buyers are increasingly wary of buying from China, according to the analysis. But for the next decade, exports and internationalisation will remain the main themes for China's local component makers.

At present, the auto parts industry is facing signs of transformation.

  Although the market potential of China's auto parts industry is still huge, it also shows the signs of great transformation. The growth of China's auto market will no longer be a simple and crude quantity change, but is undergoing qualitative improvement. An auto parts industry relying on quality rather than quantity, service rather than marketing is in front of us.

What is worth the attention of industry peers is that technology-driven is becoming the new normal. As the whole of China is shifting from population to innovation-driven today, the auto parts industry has also felt the huge impact of technology. At a time when the industry is looking for new opportunities.

  By the end of 2019, the number of new energy vehicles in China reached 3.81 million, accounting for 1.4609% of the total, an increase of 1.2 million, or 46.05%, compared with the end of 2019." The sudden rise of new energy vehicles in the automobile industry has raised the demand for technology in the parts industry to a new height. Whether we can keep up with this wave of dividends will be key in technology

Although most of our high-tech auto parts have already realized localized production, most of the core technologies are in the hands of international giants. But the global component giants are accelerating their technology exports to China, a trend that cannot be reversed

Seizing the new opportunities brought by the new normal economy is the current mission of China Auto parts, but also the golden era of China auto parts industry from "Made in China" to "created in China" or even "made in China".

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