Rising,auto,sales,and,aftermar car Rising auto sales and aftermarket demand is driving the Chin

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Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:11.0pt;font-family:"Calibri","sans-serif";mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Times New Roman";mso-bidi-theme-font:minor-bidi;}Netscribes (India) Pvt. Ltd., launches AutoAncillary Market in China 2011 report covering one of the emerging sectors inChina. The report is part of Netscribes’ Automotive Industryseries. Thereport begins with a market overview section which discusses the present andforecasted market size and growth followed by highlighting the key segments ofthe industry that includes engine parts, transmission and steering parts,suspension and braking components, electrical equipment and new-energy vehicleparts. The foreign trade information illustrates that the absolute value ofexports of auto parts from Chinais much larger than imports to China.The report also finds that major auto parts manufacturers in the market areconcentrated and focused in and around automotive companies in China. Ananalysis of the drivers influencing the industry growth includes rising surplusincome levels, increasing auto sales, significant portion of untapped marketowing to the under-penetration levels, low-cost advantage and rising demandfrom auto aftermarket. The key challenges identified include weak research anddevelopment capabilities as the Chinese auto part makers lack productinnovation and safety issues as the auto parts manufacturers face the stigma ofproducing inferior quality products, blotting their reputation. Also, owing tothe rising labour costs and resource crunch, the players have become moreconcerned about their shrinking profit margins. Thereport covers the important rules and regulations and initiatives concerningthe auto ancillary sector in Chinaalong with key government policies favouring the development and growth of the Chineseauto components industry. It also illustrates the recent market trends includingauto parts manufacturers participating in trade fairs and expositions, Chinese autopart makers shifting focus to Indian markets, Investors capitalizing on thegrowth potential of the players in the auto component segment, and risingcompetition for upgraded and improved products in the spare parts market. Thecompetition section provides a product portfolio matrix of the key players inthe Chinese auto ancillary market. The section also provides brief profiles ofthe major players which incorporates their financial information and businesshighlights.  Majorplayers in the industry include ASIMCO Technologies Ltd., Changchun FawayAutomobile Components Co. Ltd., Chery Automobile Co. Ltd., Dicastal WheelManufacturing Co. Ltd., Dongfeng Dana Axle Co. Ltd., Fawer Automotive PartsCompany Ltd., Fuyao Glass Industry Group Co. Ltd., Guangdong Hongteo AccurateTechnology Co. Ltd., Mando Corporation, Shandong Longji Group Co. Ltd.,Shanghai Automotive Industry Corporation, Wanfeng Auto Holding Group Co. Ltd.,Wanxiang Group Corporation, and Yanfeng Visteon Automotive Trim Systems Co.Ltd. The report concludes with the key strategies or initiatives adopted by theChinese auto parts manufacturers amidst the existing opportunities andchallenges in the market.  Research On China (ROC) is Netscribes’ leading source for market intelligence on emergingsectors in China. Our topics provide a holistic view of an industry and are aspring board for entry strategies, private equity and venture capitalinvestments, investor presentations and management discussions. For more details on the content of the report and our services you cancontact us at [email protected] Netscribes is a Market Intelligence Firm thatsupports Market Insights, Research & Analytics, Media & Publishing andContent Management. We are launches Auto Ancillary Market in China2011 report covering one of the emerging sectors in China.