Global and China Automotive Radiator Industry Report, 2019-2025
ページ情報: 英文 142 Pages
当レポートでは、世界および中国における自動車ラジエーターの市場を調査し、市場の定義と概要、世界および中国の自動車市場の動向、世界および中国の自動車ラジエーター市場の規模、中国市場における産業政策・競合環境、乗用車/商用車区分別の内訳、新エネルギー車 (NEV) 向け冷却システムの動向、世界および国内の主要製造業者のプロファイルなどをまとめています。
As an essential part of an automobile, the radiator's demand hinges on growth of the automotive sector. In 2018, output and sales of automobiles in China declined by 4.2% and 2.8% from a year earlier to 27.809 million units and 28.081 million units, respectively, causing a year-on-year decrease of 4.2% in the demand for radiators to hit 27.809 million units with the market size of roughly RMB4,026 million, all of which arose from preferential purchase tax policy cancellation, macro-economy slowdown, China-US trade war and weaker consumer confidence, according to the data from China Association of Automobile Manufacturers (CAAM). It is expected that the sales drop of automobiles will be accompanied by less demand for radiators in China whilst the radiator prices are declining. Chinese radiator market will be worth RMB3,857 million and 30.21 million units will be demanded in 2025.
Automotive radiators are used in compact vehicles (including passenger cars and small/mini commercial vehicles), medium and large commercial vehicles and new energy vehicles. Market size of the three types of radiators reached RMB2,966 million, RMB753 million and RMB308 million in 2018, respectively, and are projected to be RMB2,510 million, RMB615 million and RM1,014 million in 2025, among which only those for new energy vehicles will rise.
The boom of new energy vehicles gives a boost to the radiator segment where the CAGR will range at 18.6% from 2018 to 2025. New energy vehicle radiator system is a new component designed to cool motor instead of engine that is the case in conventional fuel vehicle. Traditional thermal management system suppliers still remain superior in some technology areas, but some late entrants stand a chance of making breakthroughs in product, technology and brand.
In China, joint venture OEMs and local Chinese automakers have established own parts supply systems, or set up radiator branches or subsidiaries as their fixed suppliers. In contrast, only by superiorities in technology, quality and cost can external professional radiator vendors become the qualified suppliers. World-renowned automotive radiator companies have built factories independently or together with others in China. Examples include Behr, T.RAD, Denso, Modine, Valeo and Hanon. There are approximately 30 foreign-funded companies (including Sino-foreign joint ventures, cooperative businesses, and wholly foreign-owned enterprises) established in China, and they command much of the passenger car market because of fixed supply relationships with automakers; Chinese brands such as Zhejiang Yinlun Machinery Co., Ltd., Weifang Hengan Radiator Group Co., Ltd., Ningbo Lurun Cooler Manufacturing Co., Ltd. and Nanning Baling Technology Co., Ltd. are edging their way into OEM market with constant efforts, especially supply systems of homegrown automakers in the commercial vehicle field in which they have won a place.
Automotive radiator (definition, classification, technical features, development trends, etc.);
Global and China's automobile production and sales as well as the output and sales volume of segmented products;
Global and China automotive radiator market (environment, size, competitive landscape);
Automotive radiator market segments in China;
Technical features, market size and so forth of new energy vehicle radiators in China;
7 global automotive radiator manufacturers (operation, technical characteristics of their radiators, supply, development in China, among others);
9 Chinese automotive radiator producers (operation, characteristics of their radiators, R&D, development strategy, etc.)