Prediction on investment opportunities in Chinese commercial vehicle industry
Research Report on Chinese Commercial Vehicle Industry
, 2010-2011
Commercial vehicles like trucks and buses are used for business purposes, that is, generating business benefits for vehicle owners by carrying passengers or goods. It is a concept opposite to passenger vehicle. (
http://www.bharatbook.com/detail.asp?id=156388&rt=Research-Report-on-Chinese-Commercial-Vehicle-Industry-2010-2011.html )
In 2009, the production and sales volume of motor vehicles in China came to 13.79 million and 13.64 million, rising by 48.30% YOY and 46.15% YOY separately. The production and sales volume of passenger vehicles were 10.38 million and 10.33 million, growing by 54.11% YOY and 52.93% YOY. The production and sales volume of commercial vehicles were 3.41 million and 3.31 million, rising by 33.02% YOY and 28.39% YOY separately. In 2009, Chinese auto industry achieved fast development, making China the world largest auto production country and new vehicle consumption country.
According to the carrying tonnage, trucks in China can be divided into mini-trucks (less than 1.80 tons), light trucks (1.80-6 tons), medium trucks (6-14 tons) and heavy trucks (over 14 tons). In China's commercial vehicle market, the production proportion of trucks is the largest. In 2009, the production proportion of trucks reached 68.28%. By contrast, the production of semi-trailer towing vehicles was only 208,200, accounting for 6.11%.
China's export scale of motor vehicles and spare parts is still much smaller than that of developed countries and emerging industrialized countries. Presently, the export still stays in the initial period. Problems like the deficiency of brands and marketing networks, low added value of products for export and disputes over intellectual property rights, etc. restrain the development of China's export of auto products. Due to the financial crisis, the problems in China's auto product export market become more obvious since 2008H2. The export has suffered sharply decline. Chinese auto product export is confronted with severe situation. Nonetheless, the international comparative advantages of China's auto products still exist and the international market shows tremendous demand potential.
As commercial vehicle has the attributes of investment goods, its demand growth is closely related to the growth rate of the macro economy. In recent years, the rapid growth of China's economy brings about the boom of Chinese commercial vehicle market. Given the expectation of stable macroeconomic growth in China, the demand for commercial vehicles will maintain a stable growth rate in the long run.
Through this report, readers can acquire more information:
-Status quo of Chinese commercial vehicle industry
-Status quo of Chinese truck industry
-Status quo of Chinese bus industry
-Competition in Chinese commercial vehicle market
-Import and export of commercial vehicles in China
-Major commercial vehicle manufacturers in China and their operations
-Prediction on development of Chinese commercial vehicle industry
-Prediction on investment opportunities in Chinese commercial vehicle industry
For more information kindly visit :
http://www.bharatbook.com/detail.asp?id=156388&rt=Research-Report-on-Chinese-Commercial-Vehicle-Industry-2010-2011.html Related Reports
Research Report on Chinese Commercial Vehicle Industry, 2010-2011
http://www.bharatbook.com/detail.asp?id=156388&rt=Research-Report-on-Chinese-Commercial-Vehicle-Industry-2010-2011.html Indian Commercial Vehicle Industry
http://www.bharatbook.com/detail.asp?id=40608&rt=Indian-Commercial-Vehicle-Industry.html
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Prediction on investment opportunities in Chinese commercial vehicle industry
By: bharatbook
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