China Commercial Vehicle Industry Sales to 2017 Growing at 6% CAGR

DALLAS, October 17, 2014 /PRNewswire/ --

RnRMarketResearch.com adds China Commercial Vehicle Industry Report, 2014-2017 that says 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. Complete report is available at http://www.rnrmarketresearch.com/china-commercial-vehicle-industry-report-2014-2017-market-report.html .

In view of Chinese commercial vehicle market segment, the truck market remains 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, passenger car market saw rapid development in recent years within China's commercial vehicle industry. In 2013, output and sales volume of passenger car 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.

Key Companies profiled in China Commercial Vehicle Industry Report, 2014-2017 include Beiqi Foton Motor Co., Ltd., Dongfeng Automobile Co. Ltd, Shenyang Jinbei Automotive Company Limited, Anhui Jianghuai Automobile Co. Ltd., Liaoning SG Automotive Group Co. Ltd., Jiangling Motors Corporation, Ltd., Xiamen King Long Motor Group Co., Ltd., CNHTC Jinan Truck Co., Ltd., Chongqing Changan Automobile Company Limited and Zhengzhou Yutong Bus Co. Ltd. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=231827 .

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.

The China Commercial Vehicle Industry Report, 2014-2017 includes six chapters and 126 charts, that provide data and information on: 

• 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)

Under the automotive and transportation market and it's commercial vehicles / industrial vehicles segment, RnRMarketResearch.com offers following other reports on similar topics:

The China Heavy Truck Industry Report, 2014-2017 published in July 2014 is spread across 94 pages. It says from January to May of 2014, the cumulative sales volume of heavy trucks hit 365,200, up 11.48% year on year. This report mainly involves complete heavy truck, incomplete heavy truck and semi-trailer towing vehicle, which enjoyed the market share of 28.41%, 37.56% and 34.02% respectively in 2013. In 2013, the fastest growing semi-trailer towing vehicle grew up by 38.15% and its market share increased by 4 percentage points. The development of semi-trailer towing vehicle depends on highway freight, cargo turnover, container port throughput and other factors. It is expected that semi-trailer towing vehicle will witness stable growth in the future and become the model holding the largest market share. Read more at http://www.rnrmarketresearch.com/china-heavy-truck-industry-report-2014-2017-market-report.html .

According to China Automotive Drive Shaft Market Report 2014, Chinese automotive drive shaft market will keep an average growth rate of 8.29% in 2014-2017, and the market demand will reach 61.04 million units in 2017. The report mainly contains six chapters and 113 charts, stating China's overall economic situation, the overview of China's automobile industry, automotive drive shaft market demand (including import & export), and the competitive landscape of the automotive drive shaft market, as well as introducing the revenue, transmission shaft production and marketing, capacity and production bases of 20 global and Chinese major automotive drive shaft manufacturers. Companies like Dana, GKN, AAM, Toyota's Parts Factory in India, Nexteer, Wanxiang Qianchao, Shanghai GKN Drive Shaft Co., Ltd, Xuchang Yuandong Drive Shaft, Hebei Yulong Drive Shaft Co., Ltd, Fawer Automotive Parts Limited Company, Shenyang Spicer Driveshaft, Jinan Commercial Vehicle Co., Ltd. of China National Heavy Duty Truck Group, Donghua Automotive Industrial Co., Ltd., Henan Zhongzhou Holding Group, Shaanxi Lantong Transmission Shaft Co., Ltd, GSP Automotive, Liuzhou Hengli Transmission Shaft Co., Ltd., Jilin GKN Norinco Drive Shaft Co., Ltd., Jiangsu Golden Transmission Co., Ltd and Hubei Danjiangkou Dan Chuan Automotive Transmission Shaft Co., Ltd are discussed in the research available at http://www.rnrmarketresearch.com/china-automotive-drive-shaft-market-report-2014-market-report.html .

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