Research on China Automotive Seating Market, 2012-2017

Published: November 2012
No. of Pages: 80

This report makes a specific analysis on vehicle seating leading enterprises Lear and JC, especially their development in China. It has great significance to those who wonder to learn the effect of foreign-owned enterprises and foreign-funded enterprises on China vehicle seating market.

Since 2009, China's auto industry developed rapidly, which led to the rapid development of auto parts industry. As the core component of the vehicles, vehicle seating industry has a good development trend.

In recent years, China car sales Volume continue to increase, which also drives the sales volume of vehicle seating and expands vehicle seating market. According to China Association of Automobile Manufacturers, China vehicle seating market scale was about CNY38.8 billion in 2011, increasing 4% year-on-year.

At present, the Chinese automotive seat assembly concentration ratio is very high. YFJC, JC and Lear (China) this three vehicle seating enterprises (including its joint venture company) market share reached about 60%; preliminary monopolize the Chinese vehicle seating market. Only YFJC accounted for 32% of vehicle seating market.

Vehicle seating functional components and other components industry’s concentration ratio is still relatively slow. HUBEI AVIATION PRECISION MACHINERY TECHNOLOGY CO., LTD., Liyang Angle Adjuster Plant, Zhejiang Longsheng and some other main vehicle seating enterprises’ market share was about 27% in 2011.

Published By: Huidian Research
Product Code: Huidian Research63

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