China Automotive Aftermarket Report 2018-2025

DUBLIN, Jan. 3, 2019 /PRNewswire/ --

The "Chinese Automotive Aftermarket, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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Chinese automotive aftermarket revenue is expected to record a Compound Annual Growth Rate (CAGR) of 7.7%, increasing from $290.44 billion in 2017 to $523.80 billion in 2025.

During this period, the vehicles in operation (VIO) for Chinese passenger vehicles is expected to grow from 185 million units to 401.7 million units. Meanwhile, however, new and used car sales in China are likely to experience slower growth, recording a CAGR of 2.3% and 7.5% respectively.

Continuous growth of new and used car sales is the key factor driving VIO growth in China during the long term. The two-child policy, rising disposable income, competitive retail sales, electric vehicle penetration, and emission standard upgrade are the main drivers boosting vehicle sales growth in China.

The Chinese automotive aftermarket is likely to be diversified by eCommerce platforms, especially in online-to-offline parts retail and repair and maintenance services. Alibaba and Tuhu are the key eCommerce platforms leading the Chinese online automotive aftermarket. eCommerce penetration is likely to increase from 12.7% in 2017 to 40% in 2025.

Currently, the Chinese automotive parts aftermarket is well-developed, with foreign, domestic, and joint venture brands. Foreign and joint venture companies manufacturing automotive parts are dominating the market, with a 70% revenue share as of 2017. However, the revenue share of domestic automotive parts brands is on the rise.

The aim of this study is to provide a strategic insight into the Chinese automotive aftermarket development. It presents the current scenario in the Chinese automotive aftermarket, including the automotive parts, online repair and maintenance, and used car segments, by providing an overview of the factors that influence and impact its growth.

Research Highlights

The research discusses automotive aftermarket regulation, market drivers and restraints, and the top automotive aftermarket trends. It also presents a VIO analysis, automotive parts market analysis, used car market analysis, and automotive eCommerce market analysis and sheds light on the growth opportunities. The study closes with conclusions and the future outlook.

Key Features

    --  To provide an overview of the automotive parts and online repair and
        maintenance markets
    --  To analyze the impact of VIO on the growth of the aftermarket
    --  To furnish the market size and forecasts for automotive aftermarket from
        2018 to 2025
    --  To analyze the impact of policies and regulations on the development of
        the aftermarket
    --  To identify the competitiveness of automotive eCommerce platforms in the
        online repair and maintenance and parts markets

Key Issues Addressed

    --  How does VIO impact the development of the automotive aftermarket?
    --  What are the key factors driving the competitiveness of automotive
        eCommerce platforms? How does the platform influence the parts and
        repair and maintenance markets?
    --  How does the revenue of automotive aftermarket change during 2010-2025?
        What are the growth forecasts for automotive aftermarket revenue?
    --  How do regulatory changes impact the automotive aftermarket?
    --  What are the drivers and restraints influencing the development of the
        automotive aftermarket?

Key Topics Covered:

1. Executive Summary

    --  Key Findings
    --  Chinese Passenger Vehicles Market Outlook
    --  Chinese Automotive Aftermarket Outlook
    --  Chinese Aftermarket Revenue Overview
    --  Key Aftermarket Trends

2. Research Scope, Objectives, Background, and Methodology

    --  Research Scope
    --  Research Aims and Objectives
    --  Key Questions this Study will Answer
    --  Research Methodology

3. Aftermarket Regulation

    --  Impact of Regulations on the Aftermarket

4. Market Drivers and Restraints

    --  Market Drivers
    --  Drivers Explained
    --  Market Restraints
    --  Restraints Explained

3. Top Automotive Aftermarket Trends

4. VIO Market Analysis

    --  VIO Overview
    --  New Vehicle and Used Car Sales Overview
    --  VIO Breakdown by Age Group

5. Automotive Parts Market Analysis

    --  Automotive Parts Market Overview
    --  Retail-level Automotive Parts Revenue Breakdown by Parts Type
    --  Leading Automotive Parts Suppliers in China

6. Used Car Market Analysis

    --  Used Car Market Overview
    --  Used Car Market Breakdown by Automotive Brand and Vehicle Type
    --  Used Car Market Breakdown by Region

7. Automotive eCommerce Market Analysis

    --  Overview of eCommerce Service Providers
    --  Online and Offline Channels in the Repair and Maintenance Market
    --  eCommerce End User Analysis
    --  Case Study-Alibaba in the Automotive Aftermarket
    --  Case Study-Alibaba Setup in Parts Retail and Repair and Maintenance
    --  Case Study-Tuhu, the Leading Automotive Parts eDistributor
    --  Case Study-Tuhu Setup in Parts Retail and Repair and Maintenance

8. Growth Opportunities and Companies to Action

    --  Growth Opportunity-Chinese Automotive Aftermarket
    --  Strategic Imperatives for Success and Growth

9. Conclusions and Future Outlook

    --  Key Conclusions and Future Outlook
    --  The Last Word-Three Big Predictions

10. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/hfxgvr/china_automotive?w=5

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