Research Report on China Sunroof Industry, 2014-2018
Sunroof, as a practical auto accessory for ventilation and interior lighting, is an important consideration for consumers when buying a car. Sunroof is born with vehicles, which once symbolized limousine and luxurious auto configuration. Nowadays many lowprice cars are equipped with sunroof due to its popularization.
The automobile industry has developed rapidly since China joined WTO, which promotes the development of automobile accessory industry. The production volume of automobiles in China was 22.1168 million, up by 14.76% YOY, while the sales volume was 21.9841 million which increased by 13.87% YOY. China is the world''s largest automobile producer and sales market for 5 consecutive years. In 2013, the growth momentum of passenger vehicles sales in China became stronger with the sales volume of 17.9289 million, up by 15.71% YOY. The development of automobile market, especially the rapid growth of passenger vehicles market, promotes the development of sunroof market in China. The production volume of automobiles in China was merely 2.07 million in 2000. Most vehicles were not equipped with sunroof when leaving factory, while merely a small quantity of automobile refit manufactories offered sunroof installation. In 2013, the production volume of automobiles in China exceeded 20 million. A considerable amount of automobiles were equipped with sunroof when leaving factory while many vehicle owners installed sunroof in automobile refit manufactories. Although a small amount of highend sunroofs are imported, China is selfsufficient in most varieties of sunroof with a large number of exports. Most market share of sunroof industry in China is occupied by foreignfunded sunroof giants such as Webasto and Inalfa with continually increasing production capacity. For instance, Webasto has built 10 production bases in China with the sales revenue of over CNY 4 billion.
Increasingly larger amount of domestic enterprises enter the sunroof industry in China. However, they failed to form largescale production capacity due to technical and financial difficulties. Domestic enterprises in China mainly operate in lowend market because of limited varieties, unreliable quality and aftersales service.
The production and sales volume of automobiles in China is predicted to increase year by year with the continual development of Chinese economy. Meanwhile, the progressive upgrade in the product structure of automobiles, especially passenger vehicles, creates great opportunities for the development of sunroof industry in China. Expanding investment of enterprises such as Webasto proves great prospect of the sunroof industry in China. China''s OEM and aftersales market offer an open field for sunroof manufacturers around the world.
Through this report, the readers can acquire the following information:
- Status of Sunroof Industry in China
- Competition Status of Sunroof Market in China
- OEM and Aftersales Market of Sunroof
- Major Sunroof Manufacturers in China
- Prospect of Sunroof Industry
The Following Enterprises and People Are Recommended to Purchase This Report:
- Auto Parts Manufacturers
- Auto Manufacturers
- Sunroof Manufacturers
- Investors/ Research Institutions Focusing on Sunroof Industry in China