According to China Commercial Vehicle Industry Report, 2014-2017 by
Sino Market Insight, sales volume of China’s commercial vehicles is
estimated to register a CAGR of 6% in 2014-2017, and will reach 5.12
million in 2017. The development of commercial vehicle industry is
closely related to macro economy. In 2013, the growth rate of China’s
GDP fell to 7.7%, while commercial vehicle market experienced slow
growth at the same time, with output and sales volume increasing by 7.6%
and 6.4%, respectively.
In view of market segment, the truck market remain depressed due to slower pace in infrastructure construction and project construction. In 2013, output and sales volume of trucks in China were 2.705 million and 2.726 million separately, edging up 3.3% and 2.8% year-on-year. It is expected that the truck market will maintain a moderate growth trend over the next few years because of continuous structural adjustments of China’s macro economy.
Driven by positive factors like tourist bus and school bus, bus market saw rapid development in recent years. In 2013, output and sales volume of bus in China reached 483,000 and 477,000, rising by 13.4% and 12.0% from a year earlier respectively. It is projected that spurred by new energy bus and school bus, the bus market will keep growing fast, with an estimated average growth rate of around 10% in 2014-2017.
Read Complete Report with TOC @ http://www.radiantinsights.com/research/china-commercial-vehicle-industry
With respect to market pattern, there were a total of 73 companies selling commercial vehicles in China in 2013, among which the top ten in terms of sales volume were Beiqi Foton, Dongfeng Motor, JAC Motors, Jinbei Automobile, FAW Group, Jiangling Holding, SAIC-GM-Wuling, Sinotruk, Nanjing Auto and Chang’an Automobile, with a combined market share of 71.6%.
In bus field, large bus has a higher market concentration than medium-sized bus and light-weight bus. China’s large bus market is dominated by Jinlong Bus and Yutong Bus, with combined market share of 65.2% in this segment in 2013.
In truck field, market concentration of heavy-duty truck is the highest. Major companies include Sinotruk, Beiqi Foton, Dongfeng Motor, JAC Motors and Shaanxi Automobile, with their combined market shares up to 83.8% of the segment in 2013.
Sino Market Insight’s China Commercial Vehicle Industry Report, 2014-2017 includes six chapters and 126 charts, involving the followings:
Overview of commercial vehicle industry (including macro-economy and relevant policies)
Sales volume of commercial vehicles in China (including output and sales volume of the overall market and all segments in 2009-2013, and output and sales volume forecasts in 2014-2017)
Export and import markets of commercial vehicle (including import and export volume and value, and data of importers and exporters)
Competition pattern of commercial vehicles (types of overall market and segments, ranking of companies by sales volume, market share and comparison of finance among key companies)
Operation of ten Chinese commercial vehicle producers (covering corporate profile, financial indicators, revenue structure, sales volume, ranking and market share of commercial vehicle, major clients and performance forecast)
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For more information visit, Radiant Insights
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
In view of market segment, the truck market remain depressed due to slower pace in infrastructure construction and project construction. In 2013, output and sales volume of trucks in China were 2.705 million and 2.726 million separately, edging up 3.3% and 2.8% year-on-year. It is expected that the truck market will maintain a moderate growth trend over the next few years because of continuous structural adjustments of China’s macro economy.
Driven by positive factors like tourist bus and school bus, bus market saw rapid development in recent years. In 2013, output and sales volume of bus in China reached 483,000 and 477,000, rising by 13.4% and 12.0% from a year earlier respectively. It is projected that spurred by new energy bus and school bus, the bus market will keep growing fast, with an estimated average growth rate of around 10% in 2014-2017.
Read Complete Report with TOC @ http://www.radiantinsights.com/research/china-commercial-vehicle-industry
With respect to market pattern, there were a total of 73 companies selling commercial vehicles in China in 2013, among which the top ten in terms of sales volume were Beiqi Foton, Dongfeng Motor, JAC Motors, Jinbei Automobile, FAW Group, Jiangling Holding, SAIC-GM-Wuling, Sinotruk, Nanjing Auto and Chang’an Automobile, with a combined market share of 71.6%.
In bus field, large bus has a higher market concentration than medium-sized bus and light-weight bus. China’s large bus market is dominated by Jinlong Bus and Yutong Bus, with combined market share of 65.2% in this segment in 2013.
In truck field, market concentration of heavy-duty truck is the highest. Major companies include Sinotruk, Beiqi Foton, Dongfeng Motor, JAC Motors and Shaanxi Automobile, with their combined market shares up to 83.8% of the segment in 2013.
Sino Market Insight’s China Commercial Vehicle Industry Report, 2014-2017 includes six chapters and 126 charts, involving the followings:
Overview of commercial vehicle industry (including macro-economy and relevant policies)
Sales volume of commercial vehicles in China (including output and sales volume of the overall market and all segments in 2009-2013, and output and sales volume forecasts in 2014-2017)
Export and import markets of commercial vehicle (including import and export volume and value, and data of importers and exporters)
Competition pattern of commercial vehicles (types of overall market and segments, ranking of companies by sales volume, market share and comparison of finance among key companies)
Operation of ten Chinese commercial vehicle producers (covering corporate profile, financial indicators, revenue structure, sales volume, ranking and market share of commercial vehicle, major clients and performance forecast)
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For more information visit, Radiant Insights
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
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