2017 Auto Parts Industry Trends and Analysis

In the aftermarket service market, there is a part of the front-end marketing and back-end channel system can not be ignored services to support the industry market, which is the "auto parts industry market", for China auto parts manufacturers.

First, the industrial chain structure
1. Auto parts manufacturing industry chain structure
Auto parts industry upstream, including steel, plastic, rubber and other raw materials production, the main downstream for the OEMs supporting market and after-sales service market.
Upstream of the industry involved more, especially steel and other industries in the national economy occupies an important strategic position, the development of parts industry can effectively drive the development of such industries; from its downstream, said the auto parts industry is an important component of the automobile industry Part of the auto parts industry is the foundation, there is no strong parts industry to do the foundation, it will not have an independent and complete international competitiveness of the automotive industry.

2. Automotive parts manufacturing industry and the relevance of upstream and downstream industries and its industrial chain value-added space
From the upstream industry point of view, the parts industry production of raw materials prices mainly by the steel, oil, natural rubber and other commodities market price decision. In recent years due to iron ore, oil, natural rubber and other resources, frequent fluctuations in commodity prices, the domestic auto parts industry, the stability of production and operation caused a certain pressure.
From the downstream industry point of view, benefit from the development of domestic and international vehicle industry and consumer market expansion, the domestic auto parts industry has shown a good development trend. Domestic parts suppliers downstream customers mainly for domestic and foreign vehicle manufacturers and their parts suppliers, customer concentration is high, so the parts and enterprises in the negotiations with downstream customers in a relatively weak position. However, for some parts in a market segment has a leading position in the supplier, its market position and technological advantages will help to enhance the market discourse and bargaining power, and therefore have a certain ability to transfer costs downstream.
3. Auto parts manufacturing industry industry chain value-added space and market development
Auto parts manufacturing industry costs are subject to the upstream industry and its own management level, and the downstream car manufacturers required accessories mainly from fixed suppliers, auto parts is the largest buyer of auto parts dealers, but also the main channel for auto parts sales. Profit space depends on the industry status of parts and components, the competitive structure and its bargaining power with the downstream industry. A huge "car after the market" is entering a rapid growth period, the auto parts industry prospects.

Second, the auto parts industry market environment and impact
National Automobile Service High-tech Industrialization Committee to further standardize the automotive market, enhance the overall level of automotive service industry chain, the integration of resources to promote the development of automotive industry, the establishment of the national automotive service industry new technology and new product promotion platform, focusing on car beauty Decoration and supplies, automotive electronics products.
With the improvement of living conditions of our residents, the car has become a trend of life, is an essential means of transport. Although the macroeconomic conditions and control efforts have changed in recent years, there have been some ups and downs in the growth of China's automobile market, but the demand for rigid consumption of passenger car market still exists. In the future, China's passenger car consumption will still be in a steady rising stage.
China's more on the new energy automotive industry, the introduction of incentives to stimulate the new energy class auto parts demand for the rapid increase in new energy companies will be rapid development of parts and components.
According to the Automotive Industry Information Network revealed that in May 2016, automobile production and sales 2.0669 million and 209.17 million, an increase of 5.01% and 9.75%. The auto industry's market has not yet reached saturation, and its expansion will bring the auto parts industry to further growth.

The popularity and application of network technology has had a profound impact on many traditional industries, especially after the State Council put forward the concept of "Internet +". In the field of auto parts, "Internet + parts" is also taking the heat. Auto parts companies are committed to the Internet channels and traditional channels of business integration.

Third, China 's auto parts industry in recent years
Vehicle production and sales growth rate continues to slow down, downward pressure to increase, but still commendable; China's auto parts enterprises in the case of slow growth in operating income, can still maintain sales, performance steadily increased, slightly better Vehicle business. But the auto parts industry net profit margin continued to decline the risk must be taken seriously.
I remember a group of data in the past, China's auto and parts export volume in 2015 an average annual growth of about 20%; by 2020 to achieve China's auto and spare parts exports accounted for 10% of the world's total trade volume of automotive products strategic objectives. Therefore, in the long run, China's auto and parts export there is still much room for growth.

Fourth, the global automotive and parts industry situation
1. Industry transfer is accelerating
China, India and other emerging auto market has become the world's largest market, the most growth of the automotive consumer market, while these countries are rich in labor resources, lower labor costs, the continuous improvement of the quality of labor. With the international automotive and parts industry increasingly fierce competition, in order to develop new markets, effectively reduce production costs, auto and parts enterprises began to accelerate to China, India, Southeast Asia and other countries and regions for industrial transfer.
2. Globalization of auto parts procurement
In the context of global economic integration, the world's major auto companies and parts suppliers focus on their own core business and competitive business at the same time, to further reduce the auto parts self-made rate, instead of using global procurement strategy in the world Within the scope of procurement of comparative advantages of auto parts products.
3. Systematic development, modular manufacturing, integrated supply
The integration and modularization of automotive components systems is a process that integrates functionality from multiple components in a single module to achieve the replacement of multiple components from a single module component through a new design and process means.
Integration of the auto parts system, modularity has many advantages, first, compared with a single component, integrated, modular components lighter weight, is conducive to the weight of the machine, so as to achieve the purpose of energy conservation; , Integrated, modular components occupy less space, can optimize the machine's spatial layout, thereby improving machine performance; again, compared with a single component, integrated, modular components to reduce the installation process, improved Assembly efficiency.
4. New development of new auto parts
With the increasing emphasis on environmental issues, energy conservation and environmental protection technology will become the future of automotive and parts industry trends. The new energy vehicles, represented by fuel cell vehicles and hybrid vehicles, are accelerating, the lightweight design of electronic components, the electronic and intelligent design and the auto parts remanufacturing technology are gradually being applied.

Fifth, the domestic auto parts industry trends
Production and marketing channels new model:
At present, China's domestic automobile manufacturers need most of the accessories have their fixed suppliers, auto parts is the largest auto parts dealers, the proportion of more than Bacheng, is also the main channel of auto parts sales. And our auto parts dealers are more concentrated in the auto parts city, according to statistics, vehicle maintenance used 60% of the accessories from Auto Parts City.
After the domestic car market can be divided into four types of electricity business model:
Business model
C2B user custom class mode
B2C + O2O mode
B2B2C + O2O mode
Which the first two types of electricity business model requires consumers with the appropriate vehicle or maintenance knowledge. Auto parts are different from other goods, parts, or the corresponding information of the error will lead to product deviation. Electricity business to go to the intermediary (accessories B2C), the cost of transparency (accessory and service costs transparent) and user experience to improve the play a great role, and can create owners, parts factory, maintenance station tripartite win situation.