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Location: Research Report > All Reports > Transport Logistics and Supporting Industries > Vehicle and Fittings Post-Market

China Automotive Maintenance Industry Report 2016-2021, Market Prospect and Investment Strategic Planning

China Automotive Maintenance Industry Report 2016-2021, Market Prospect and Investment Strategic Planning

Last Update:2016-09-14

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Preface

Table of Content

Currently, automobile maintenance industry is rising rapidly and develops into a new pillar industry of China's service industry. More than 60 percent of China's private luxury car owners have the habit to do external beauty conservation; over 30% of private low-end car owners begin to form to the concept to make beauty conservation; over 30% of public high-end cars will be made timed external beauty conservation; over 50% of private car owners are willing to master the basic techniques to make automotive beauty and conservation by themselves. In the entire car ownership, the proportion of cars increases while the proportion of commercial vehicles declines year by year. The proportion of high-end cars continues to increase. With the growing demand for car maintenance, China's automobile maintenance industry has great prospects and is becoming a sunrise industry in the field of service industries.

China has the largest automobile market but also certainly has the largest automobile aftermarket. Based on the experience of European countries, automotive after-market is the most stable source of profit of the entire industry chain, which accounts for 60-70% of the total profit. So the car aftermarket is a strategic focus of the automotive industry and is destined to be a competing land. However, China's automobile aftermarket has not yet formed strong brands. Currently, entering the automobile aftermarket is a good opportunity.

Auto maintenance is the trend and key of automotive market. "70% of support, 30% of repair". To replace repair with maintenance is accepted by a growing number of car owners. Proportion of maintenance of the future automotive aftermarket will be 15% while auto maintenance will reach 75% of market share.

According to data of the Automobile Association, car ownership in 2013 amounted to more than 100 million while in 2015 will reach 150 million. It is expected that China's auto industry over the next 10 years is expected to maintain an annual growth rate of about 15% -20%. There will be a period of about 20 years with rapid growth. To 2020, car ownership in China is expected to grow to around 250 million. As car owners have deepen understanding of “Seventy percent of support, thirty percent of repair". Spending on beauty care per vehicle will be expanded. By then, China's auto maintenance market will usher in a golden period of development.

While competition in automotive maintenance industry is growing, integration and acquisition and capital operation of large enterprises of automotive maintenance are becoming more frequent. And more emphasis is focused on market research for excellent domestic automotive service enterprises, especially on the industrial development environment and in-depth study of product purchasers.

This report is based on long-term market tracking information by Forward Intelligence on automotive maintenance industry. It analyses comprehensively and accurately the structure system from the overall height of the industry for you. This report mainly analyzes current market environment of China's automotive maintenance industry; marketing strategy of automotive maintenance market; characteristics of market demand of automotive maintenance; major products of automotive maintenance and development of regional markets; competitive landscape and competitive trends of automotive maintenance industry; operation of leading companies of automotive maintenance market; development trends and forecast of automotive maintenance industry. Meanwhile, based on first-hand market data of the whole industry in the past five years, it can allow you to fully and accurately grasp market trends and development trends of the whole industry.

The greatest feature of this report is forward-looking and timeliness. It does thorough and objective analysis of the overall market capacity, market scale, competitive landscape and characteristics of market demand of China's current automotive maintenance industry. Based on the development path and years of practical experience, it makes careful analysis and prediction of the future development trends of automotive maintenance industry. It is a rare quality for automotive maintenance service enterprises, research institutes, product marketing companies and investment companies to accurately understand the latest developments of the industry, grasp market opportunities, make the right business decisions and clear corporate directions. It is also the industry's first on comprehensive and systematic analysis of industrial market and key enterprises.

This report will help automotive maintenance service enterprises, research institutes, product marketing companies and investment companies accurately understand the latest developments of the industry and early detect blank points of industry market, opportunities, growth and profitability points ...... it will help prospectively grasp unmet market needs and trends of the industry and become a good advantage for sustainable development, effectively avoid the investment risks from the industry, more efficiently consolidate or expand appropriate strategic target markets, and firmly grasp the initiative authority in market competition.


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