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s China's auto parts market saturated?

2020/09/22 10:24
China has become the world's third largest automobile producer and second largest automobile consumer market, and the auto parts industry has entered a period of rapid development. The market size has increased from 170 billion yuan in 2000 to over one trillion yuan in 2015. Especially among colleagues with the rise and rapid development of e-commerce, the auto parts industry has also ushered in an e-commerce wave, so the Chinese auto parts market is now in the end What kind of situation is present?
 
    1. With the improvement of people’s living standards, automobiles have become household consumer goods, and there will only be more and more (especially family and business vehicles). The corresponding automotive aftermarket industries will also increase, and the auto parts industry just needs It's still relatively large, but unfair competition in the industry can be a headache.
 
    2. In recent years, traffic laws have become more and more stringent, and the driving concept of drivers has undergone benign changes, which has reduced the accident rate of vehicles to a certain extent (according to statistics, it has dropped by 30%). For experts, the impact will be greater.