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China Vehicle Diesel Engine Industry to keep an AAGR of 6% from 2014 to 2017 Research Report by Researchmoz.

 

Tiongkok Vehicle Diesel Engine Business Research Report, 2014-2017 estimations that China vehicle diesel powered engine market will keep a good AAGR of 6% through 2014 to 2017 and also the total sales volume is going to be close to 4. 5 mil sets.

With growth of industrial vehicle output in 2013, vehicle diesel engine marketplace has warmed up with the yearly output reaching 3. 563 million sets, increasing seven. 3% YoY but still beneath 3. 936 million begins 2010 and 3. fifty nine million sets in 2011. Within January-February, 2014, China automobile diesel engine output had been 648, 467 sets, symbolizing an increase of 8. 2% over the same period within 2013.

In 2013, there have been 21 vehicle diesel motor manufacturers in China, as well as the TOP five were Guangxi Yuchai, Weichai Power, Anhui Quanchai Engine, FAW Group as well as Jiangling Motors. Among them, Weichai Power sold 516, 000 sets of vehicle diesel-powered engines in 2013, surging 98. 7% YoY, position at 14. 5% associated with sales volume of the whole business. It enjoyed the highest development rate of sales volume level among all vehicle diesel powerplant manufacturers. Weichai Power's quick rise in sales volume acquired from the substantial increase regarding truck sales of the major client --Foton Daimler.

In 2013, Weichai Energy achieved revenue of RMB 58. 31 billion, the year-on-year increase of 21% YoY and net income involving RMB 3. 82 billion dollars, up 18% YoY.

Inside 2014, the National 4 Diesel Engine Emission Requirements are being widely implemented, the actual installation rate of China's high-pressure common rail serp will increase from 30% inside 2013 to 60%-70%. Since it enjoys greater superiority throughout high pressure common rail website technology, in 2014 Weichai’s sales volume of diesel motor are expected to be further enhanced.

China's economy is in any transition phase and financial growth is slowing down. These types of factors will result in fluctuations with market demand for diesel powerplant. Furthermore, China's passenger car diesel engine market transmission is still very low, thus later on, the growth stimulus for China's vehicle diesel engine industry will still come to business vehicles.

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China Automotive Starter Market Report, 2014-2017

In 2013, China's auto market accomplished more-than-expected growth, of which, manufacturing rose 14. 82% YoY to 22. 13 thousand and sales volume climbed 13. 94% YoY in order to 21. 99 million. Auto starter as an integral section of the car witnessed accompanying progress in OEM market dimension, reaching 22. 13 , 000, 000. On the other hand, after-sales repair and replacement constitutes another large market for automotive beginner requirements. With the swelling foundation of Chinese car possession, starter replacement market nevertheless shows a growing trend. Through 2013, aftermarket size offers amounted to 1. 2604 zillion sets, presenting a year-on-year increase of 12. 0%.from China diesel engine.

Automobile Wiring Harness Sector in China 2014 : 2018

Major auto producers usually maintain close and also stable cooperation with expert manufacturers of wiring control for it is a critical extra part that affects electric performance of the whole motor vehicle. The global market of car wiring harness is monopolized by 4 major companies that take over 75% from the market shares. Most suppliers in Japan inherit good techniques from cable creation in the past. In addition , enterprises such as Sumitomo Group can reduce expenses by taking advantage of existing upstream mineral resources. The production amount of vehicles was 22. 1168 million in China within 2013. According to CRI, the necessity for auto wiring funnel exceeded 1 . 4 million while the market size exceeded USD 10 billion.

China diesel engine

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