Automotive hose industry industry chain and competition pattern
Release Time:
Oct 31,2023
Automobile hoses are the main components of automobile piping systems. They can be divided into fuel hoses, brake hoses, radiator hoses, air conditioning hoses
Automobile hoses are the main components of automobile piping systems. They can be divided into fuel hoses, brake hoses, radiator hoses, air conditioning hoses, power steering hoses, turbocharger hoses, etc. They are mostly distributed in automobile engine systems, chassis systems and bodywork. Among the three major assembly systems of the system, they play the roles of oil transmission, gas transmission, water supply, control and transmission of power, cooling, and heating.
Data source: Guanyan Report Network's "In-depth Analysis and Investment Prospects Research Report on the Development of China's Automotive Hose Industry (2022-2029)"
1. Market development status
Automobile hoses are an important part of automobile parts. Its quality and performance play an important role in improving the performance and quality level of the entire vehicle. According to the "In-depth Analysis and Investment Prospects Research Report on the Development of China's Automotive Hose Industry (2022-2029)" released by Guanyan Report Network, in recent years, with the rapid development of China's automotive industry, the increase in car ownership, and the auto parts market With the expansion, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. Data shows that my country's auto parts sales revenue will increase from 3.46 trillion yuan in 2016 to 4.57 trillion yuan in 2020, with an average annual compound growth rate of 7.2%. It is estimated that my country's auto parts sales revenue will be around 4.9 trillion yuan in 2021; and it is expected that my country's auto parts sales revenue will reach 5.2 trillion yuan in 2022.
Data source: Guanyan Report Network's "In-depth Analysis and Investment Prospects Research Report on the Development of China's Automotive Hose Industry (2022-2029)"
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