auto parts market

Driven by the rapid development of the automobile industry, auto parts have experienced rapid development in recent years, but it should also be noted that the position of China's auto parts in the global supply chain is still very fragile. The problem of lag in the development of components has become increasingly prominent, and the endless parts exhibitions have not played their due role. There is only one form left, which has not promoted the development of the domestic parts industry.

1. The industrial structure is unreasonable. At present, China's auto parts companies are still at a relatively low level. There are tens of thousands of auto parts companies all over the country, but few of them actually meet the scale requirements. Due to the dispersion of power, it is difficult to reflect the overall advantages, resulting in less investment in product development, backward means, less data accumulation, unable to form a strong development capability, and difficult to meet the needs of foreign companies for large-scale procurement. Although there are many companies in the annual parts exhibition participation, but did not bring these enterprises together.

2. Weak independent development capability and lack of brand-name products Although China has basically formed a complete system for domestic automobiles, auto parts companies have similar products, small scale, and low risk resistance capabilities. Enterprises generally lack independent development capabilities. The vast majority of enterprises’ R&D investment currently only accounts for about 1.4% of sales revenue, which is far lower than the average level of 5% of multinational companies. Opportunities for technical exchanges have resulted in the inability to develop domestically in a timely manner even if advanced technologies appear.

3. The scale of enterprises is small and the degree of specialization is low. At present, there are tens of thousands of auto parts enterprises in China, but few of them meet the requirements of economic scale. The proportion of large enterprises is less than 1%, and the proportion of large and medium-sized enterprises is less than 15%. Overall: The situation of "weak, small and scattered" has not been fundamentally improved. Due to the dispersion of power, it is difficult to reflect the overall advantages. Most enterprises have not entered the complete vehicle supporting market, but are only a single supplier of social maintenance service parts.

Therefore, although the domestic parts industry has broad prospects, the problems are still worrying. If these problems are not resolved, the domestic parts industry will still not be able to surpass foreign countries, and it will still not be able to occupy the mainstream of the international market. If major companies can make good use of With the platform of Parts Exhibition, I believe that the domestic parts industry will develop more prosperously.