Global market share of parts and components continues to rise Face market opportunities

At present, some parts and components companies in China have entered the global vehicle supporting system, and the export business has become a very important part of the main revenue. At the same time, due to the national requirements for the localization rate of joint venture vehicles, the trend of localization of parts and components has been promoted, and a small number of parts and components companies have also possessed certain high-tech product research and development capabilities, and they have acquired import substitution competitiveness. In 2012, with the return of raw material costs for parts and components companies, the gross profit margin will bottom out. If the export growth trend continues, it is expected that the growth rate of auto parts will be higher than the growth rate of the entire vehicle.

According to incomplete statistics, the total output value of automotive products in China is now over 400 billion yuan, of which exports account for 50%. The overall situation of China's auto parts products exports is good, the global market share continues to increase, and there is a clear shift in the trend toward the transfer of auto parts products to higher-tech products. In the future, we should pay special attention to and prevent foreign anti-dumping investigations encountered by the auto industry.

Policy promotes industrial technology improvement

In recent years, the country has continuously introduced policies to promote the upgrading of industrial technology and localization of key components. On November 25, 2011, the Ministry of Industry and Information Technology issued the “12th Five-Year Development Plan for Machinery Basic Parts, Basic Manufacturing Process and Basic Materials Industry”, including the timing chain of auto engine and automatic transmission, the Hava chain, and continuously variable transmission. Special-purpose continuously variable transmission chain, engine fasteners, high-end suspension springs for automobile and construction machinery, valve springs and stabilizer bars, high-precision automotive powder metallurgy parts, powder metallurgy oil-retaining bearings and other mechanical basic parts as development priorities to improve performance, Reliability and life are the main directions of attack, and strive to make it reach or approach the international advanced level.

Global parts market share continues to rise

The export situation of auto parts and components products was good this year. The export value of 8708 auto parts and components of the Customs reached 9.29 billion US dollars, an increase of 21.66% over the same period of last year.

According to the data from the China Association of Automobile Manufacturers, in recent years, the share of China's auto parts products in the global market has continuously increased. Despite experiencing the world financial crisis in 2009, the global export market dropped sharply, and the total export volume of auto parts and components in China has declined, but the decline rate is far less than the global market decline. Therefore, the market share of China's auto parts has increased, from 4.93% in 2008 to 5.74% in 2010.

Among them, some auto parts products show strong market competitiveness. According to the statistics of the customs code of 8708 products, the global market share of major parts and components such as wheels and parts, brakes, friction plates, radiators, and shock absorbers in China has increased year by year, being 25.22%, 11.84%, and 11.94%, respectively. And 10.02%. Among them, the wheel market share ranks first in the world, showing a strong market competitiveness.

In addition, the total output value of automotive products has exceeded 400 billion yuan, and exports account for approximately 50% of the total output value.

However, anti-dumping investigations have also become an important issue facing China's auto industry's exports. The Ministry of Industry and Information Technology indicated that steel wheel products have been repeatedly investigated by the United States in recent years. From the perspective of anti-dumping products in the automotive industry in recent years, products with large global market share have been subject to foreign anti-dumping investigations. Special attention should be paid and prevented.

It is worth noting that China’s exports of auto parts and components have shifted to higher technology products. The export of steering gear products has increased by 37.96% year-on-year, with the highest growth rate. Exports of transmissions and power axles have all exceeded 20% year-on-year. The state will improve the performance, reliability, and longevity of auto parts as the main direction, promote the technological level of auto-innovation parts, and export and import substitution will be the market opportunities for parts and components.

Our company was established in 2004. We have professional team which offers the best service for our customers, and we also have advanced testing equipments to ensure the quality of the products. Our principal products include Brazing Alloy (Rod, wire, and Ring), Co2 gas shield Welding Wire , Flux-cored arc welding wire, Electrode, Stainless Steel Welding Wire,Brazing Alloy, Silver Brazing Alloy, Copper Brazing Alloy, Active Brazing Alloy, Nickel Braze Alloys ,silver brazing alloy rod,silver brazing ring,silver brazing wire.

Brazing Alloy

Brazing Alloy, Silver Brazing Alloy, Copper Brazing Alloy, Active Brazing Alloy, Nickel Braze Alloys

JIAYUAN WELDING CO., LIMITED , http://www.welding-suppliers.com