Prospective growth in automobile industry of China: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research has recently announced its latest publication, “Research Report On Automobile Distribution Industry, 2017-2021” which aims at provides in-depth market analysis, information and insights into the automobile industry. It describes Automobile industry’s growth prospects by segment and category and outlines a comprehensive overview of the developing economy of China and demographics. It further provides the detailed competitive setting, distribution channels and regulatory policies in the Automobile industry of China. Economic Environment of China In the last few decade China has shown an astounding change in its economy due to the change and introduction of economic reforms and due to its inclusion in WTO in 2001, China’s economy has attracted worldwide attention. Since then it has become manufacturing hub where the industrial sector proved to be the largest contributor of the growth in the GDP. Due to above mentioned facts; China was also proved to be better than other countries n survived the economic crisis during 2008, due to its strong position. In case of automobile sector, China is the largest manufacturer of it since a decade and is showing a sturdy growth year by year. China outstripped the United States in 2010 to become the world’s largest market for new vehicles. The incursion rate of the automobile market in China is still quite low and offers great impending for the future, in spite of the confines imposed on some cities. Urbanization and the emerging middle class will drive the development of China’s auto industry. Industrial Overview Automobile industry is the sector which deals with the production, development, designing, sales and distribution of motor vehicles. It has been the largest contributor to the Chinese economy and China stands as the largest manufacturer of automobile industry way above the US industry. The key contributor of this ranking is the cheap labour of China which boosts the production sector of automobile industry of China and thus with growing demand the sales of the same, thus going with the tuneful progress in this sector. The other reason for such results is due to the lethargic growth in the low end cities which gives the whole sovereignty to the 3 and 4 tier cities which raised its production as the sales will also follow the same pattern due to less competition. Thus due to the monopoly of the 3 and 4 tier cities the production and distribution rate is more or less congruent to each other making it no loss situation for the auto giants. The other reason is the concept of O2O market which helps the consumer to see and pay for the commodity online and then directs them to real and offline world. Thus due to the factors of easy to consumers and harmonious progression of sales and production of automotives, China has emerged to be the automotive giant in the sector of automobile industry. China automobiles production reached to 28.119 million whereas sales was close to 28.028 million units in 2016; Production and sales registered growth of 14.5% and 13.7% respectively as compared to previous year. China Passenger vehicles production recorded volume output of 24.421 million followed by sales volume of 24.377 million with a growth of 15.5% and 14.9% respectively in 2016. Passenger vehicles with engines sales volume reached to 1.6 liter in 2016. Key topics covered in report Automobile industry Growth and economy correlates Reasons for such growth Trends in low end and high end cities E-commerce and O2O potential benefits Future trends in further years Production and sales congruence Conclusion China is on the top of the charts for the automobile sector and the reasons that contribute towards such result is the attention the Chinese economy caught due to WTO inclusion in 2001 and the cheap labour that contributes towards the manufacturing sector of China. Other factors such as E-commerce and O2O market also further adds up to the basket making it a colossal automobile industry. Key Factors Considered in the Report China Automobile Industry Research Report Automobile Industry Future Outlook China China Passenger Vehicle Market Research China Automobile Production Output China Automobile Sales Volume Distribution Modes Of Automobiles In China China Automobile Industry Competition For more coverage click on the link below: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/research-report-automobile-distribution-industry/81315-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Automobile Industry Future Outlook China, China Automobile Industry Competition, China Automobile Industry Market Players, China Automobile Industry Research Report, China Automobile Industry Trends, China Automobile Market size, China Automobile Production Output, China Automobile Sales Volume, China Passenger Vehicle Market Research, Distribution Modes Of Automobiles In China