As an important accessory, auto
glass accounts for 3% of the total vehicle weight. It is mainly used in new
vehicle manufacture and repair market. Demand for auto glass is closely
related to the production and sales volume as well as reserve of automobiles.
China remains the world's largest manufacturer and sales country of
automobiles from 2009. Increasing production volume and reserve of automobiles
bring huge growth potential in auto glass market in China, which is highly
monopolized. Leading enterprises of auto glass, such as Asahi Glass Co., Ltd.
and Saint-Gobain, occupy most of the market shares.
Visit Complete Report Here: http://www.marketresearchreports.biz/analysis-details/research-report-on-auto-glass-industry-in-china-2014-2018
As automobile industry develops
rapidly in recent years, average annual growth rate of the demand for auto
glass remains above 20% in China. The demand exceeded 100 million square
meters in 2013.
Chinese auto glass market possesses
its own distinctive features. OEM market has high barriers to entry and long
certification cycle, including third-party certification, automobile factory
certification, bid invitation, design and testing. The acquisition of whole
vehicle accessory orders normally takes 3 years. Whole vehicle manufacturers
require high-standard synchronous R&D, logistics supply, product quality
and production technology of auto glass production while OEM market has large
demand and high concentration rate. Whole vehicle manufacturers choose auto
glass manufacturers with large scale and high brand awareness as suppliers.
The cooperation usually lasts for a long time once established. Domestic
brands have small output volume and large number of varieties. As a special
variety of automobile accessories, auto glass products have an economical
sales radius. An advantageous location of production base may reduce costs and
realize short-distance supply.
Fuyao Glass is the largest
manufacturer of auto glass in China, which accounts for nearly 70% of auto
glass OEM market in China. Meanwhile, Fuyao Glass is expanding into overseas
market.
The average automobile reserve was
100 per 1,000 people in China by the end of 2013. The global average level was
150 while the reserve was 600-900 per 1,000 people in developed countries.
Chinese automobile market has huge development potential as economy develops.
The annual growth rate of China
auto glass market is expected to remain above 15% in 2014-2018. However,
problems still exist in Chinese auto glass industry. Besides a few large-scale
enterprises, most enterprises produce low-quality products in small scales.
The medium and small enterprises are expected to be eliminated while market
space will be seized by leading enterprises.
Through this report, the readers
can acquire the following information:
- Policy Environment and
Economic Situation in Auto Glass Industry in China
- Supply and Demand Status in
China Auto Glass Industry
- Market Competition Status of
China Auto Glass Industry
- Import and Export of Auto
Glass in China
- Major Manufacturers of Auto
Glass and the Operation Status in China
- Investment Opportunities in
China Auto Glass Industry
- Forecast on Development of
China Auto Glass Industry
The following enterprises and
people are recommended to purchase this report:
- Auto Glass Manufacturers
- Manufacturers and Trading
Enterprises of Plate Glass
- Manufacturers of Whole
Vehicles
- Automobile Maintenance and
Repair Enterprises
- Investors/Research Institutes
Concerned about China Auto Glass Industry
|
Office: United States
|
|
State Tower
90 State Street, Suite 700 Albany, NY 12207 United States |
No comments:
Post a Comment