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Characteristics of the automotive parts industry

2023-01-23

   Qingling Isuzu parts manufacturers believe that the automobile industry is capital-intensive and technology-intensive, with outstanding economies of scale and brand effects, and has the characteristics of large output value, high correlation, high technical requirements, wide employment, and large consumption. It is an important symbol to measure a country's industrialization level, strength, and scientific and technological innovation capabilities. It occupies an important position in the global economy. It has become one of my country's pillar industries and plays a major role in society.

 

   Qingling Isuzu parts manufacturers believe that parts are units that constitute the overall processing. From a functional point of view, they mainly include engines, transmissions, brakes, steering, and walking. Among them, engines and powertrains are core components with high technical content. According to users, auto parts can be divided into market parts supplied to production enterprises and after-sales service market parts for repair and modification. Matching and modularization of parts processing systems; globalization of parts processing and procurement; and transfer of processing industries are the characteristics of the current spare parts industry.

 

    Qingling Isuzu parts manufacturers said that after China joined the WTO, the output value has increased year by year. From the development trend of the industry, it is also constantly shifting towards specialization. In terms of industrial layout, my country's auto parts are currently divided into five major regions, namely the Bohai Rim, the Yangtze River Delta, the Pearl River Delta, Hubei, and the central and western regions. The merger and integration has just begun. Regional leading enterprises have broken through regional restrictions, grown into national leaders, and sought to go global.

 

    Qingling Isuzu Parts Manufacturer pointed out that domestic auto parts are showing a growth trend, and their strength has been greatly improved. Some globally competitive manufacturers have emerged in some market segments.

 

    Against the background of increasingly detailed division of labor, vehicle manufacturers have changed from traditional vertical operations and the pursuit of large-scale and complete production models to a specialized production model focusing on vehicle project development. The industry has formed a pyramid structure with multi-level division of labor, including first-tier, second-tier, and third-tier suppliers.

With the continuous deepening of group-based manufacturers, the industry has increasingly formed a structure in which a few monopolize the production of a certain component and provide it to multiple vehicle manufacturers. From the perspective of the development of the component industry by major domestic and foreign producing countries, the small component industry cluster is on an equal footing with the automobile industry. To become bigger and stronger, it will become an industrial cluster, which is a strategic choice.

 

    At present, my country's auto parts industry still has many deficiencies, such as poor industrial foundation, unreasonable structure, insufficient R&D, lack of high strength, etc., which are all commonplace problems. Lightweighting of complete vehicles and a few parts will become the future development trend, and clean and environmentally friendly technology will become the commanding heights of future industrial competition.

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News Details
Home > News >

Company news about-Characteristics of the automotive parts industry

Characteristics of the automotive parts industry

2023-01-23

   Qingling Isuzu parts manufacturers believe that the automobile industry is capital-intensive and technology-intensive, with outstanding economies of scale and brand effects, and has the characteristics of large output value, high correlation, high technical requirements, wide employment, and large consumption. It is an important symbol to measure a country's industrialization level, strength, and scientific and technological innovation capabilities. It occupies an important position in the global economy. It has become one of my country's pillar industries and plays a major role in society.

 

   Qingling Isuzu parts manufacturers believe that parts are units that constitute the overall processing. From a functional point of view, they mainly include engines, transmissions, brakes, steering, and walking. Among them, engines and powertrains are core components with high technical content. According to users, auto parts can be divided into market parts supplied to production enterprises and after-sales service market parts for repair and modification. Matching and modularization of parts processing systems; globalization of parts processing and procurement; and transfer of processing industries are the characteristics of the current spare parts industry.

 

    Qingling Isuzu parts manufacturers said that after China joined the WTO, the output value has increased year by year. From the development trend of the industry, it is also constantly shifting towards specialization. In terms of industrial layout, my country's auto parts are currently divided into five major regions, namely the Bohai Rim, the Yangtze River Delta, the Pearl River Delta, Hubei, and the central and western regions. The merger and integration has just begun. Regional leading enterprises have broken through regional restrictions, grown into national leaders, and sought to go global.

 

    Qingling Isuzu Parts Manufacturer pointed out that domestic auto parts are showing a growth trend, and their strength has been greatly improved. Some globally competitive manufacturers have emerged in some market segments.

 

    Against the background of increasingly detailed division of labor, vehicle manufacturers have changed from traditional vertical operations and the pursuit of large-scale and complete production models to a specialized production model focusing on vehicle project development. The industry has formed a pyramid structure with multi-level division of labor, including first-tier, second-tier, and third-tier suppliers.

With the continuous deepening of group-based manufacturers, the industry has increasingly formed a structure in which a few monopolize the production of a certain component and provide it to multiple vehicle manufacturers. From the perspective of the development of the component industry by major domestic and foreign producing countries, the small component industry cluster is on an equal footing with the automobile industry. To become bigger and stronger, it will become an industrial cluster, which is a strategic choice.

 

    At present, my country's auto parts industry still has many deficiencies, such as poor industrial foundation, unreasonable structure, insufficient R&D, lack of high strength, etc., which are all commonplace problems. Lightweighting of complete vehicles and a few parts will become the future development trend, and clean and environmentally friendly technology will become the commanding heights of future industrial competition.