According
to China Automotive Lock Industry Report, 2014-2017 released by Sino Market
Insight, we project that in 2014-2017 Chinese automotive lock market will
present an AAGR of 8.5%-9%, with the total production expected to exceed 130
million units by 2017.
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With
the rapid development of China's automobile market, the production of
automotive locks there showed a steady growth, with the 2013's production in
China totaling 95.231 million units, up 14.8% on a year-on-year basis. This
growth rate was virtually consistent with that of the vehicle production in
China. Due to the fact that automotive lock industry, especially the products
such as the vehicle door locks, trunk locks and fuel tank cap locks, has a
relatively low requirement on the technologies for product development and
production, the production of automotive locks in China could save production
costs, especially those of labor and materials. At present, most vehicle
manufacturers, whether independent auto brands or joint-venture brands, choose
to produce and assemble vehicle door locks in China.
In
terms of central locking and remote control key products, automotive central
locking and remote control key market in China continued steady growth in 2013,
with the proportion of central locking and remote control keys assembled in
passenger vehicles rising from 86.6% and 80.4% in 2012 to 89.6% and 83.5% in
2013, respectively. Driven by the trend of vehicle intelligentization, central locking and
remote control keys have become the standard configuration for the high and
medium-end models and even some low-end models. We predict that by 2020 almost
all the passenger cars will be equipped with central locking and remote control
keys.
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Table of Content
1.
Industry’s Macro Environment
1.1
Decelerated Growth in Chinese Economy
1.2
A Drop in Growth Rate of Fixed Assets Investment
1.3
Remarkable Slowdown in Import and Export
1.4
Steady Increase of Social Consumption
2 Overview of
Automotive Lock System
2.1
Definition and Classification
2.2
Related Policies
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3 Automotive
Lock-related Industry Analysis
3.1
Development of Automobile Industry
3.1.1
Overview of Automobile Industry
3.1.2
Passenger Car
3.1.3
Commercial Vehicle
3.2
Auto Parts Industry
3.2.1
Status Quo
3.2.2
Market Pattern
3.2.3
Market Size
3.2.4
Development Trend
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