With the effective control of the epidemic, car companies around the world are gradually resuming work and production. In response to the practical difficulties faced by automobile companies, the Ministry of Industry and Information Technology, together with relevant localities and departments, took quick actions to promote the solution of more than 4,000 batches of logistics, transportation and resumption of work and production. Shanghai, Jiangsu and Zhejiang have all issued relevant policies to support the development of the auto parts industry.

Definition of auto parts

Auto spare parts processing (auto spare parts) is the unit that constitutes the whole of auto parts processing and the products that serve the processing of auto parts. As the foundation of the auto industry, auto parts are a necessary factor to support the sustainable and healthy development of the auto industry. There are many types of auto parts and components, which can be roughly divided into seventeen types.

With the rapid development of China's auto industry, the increase in car ownership and the expansion of the auto parts market, my country's auto parts industry has developed rapidly, and the overall growth rate is higher than that of my country's vehicle industry. The data shows that the sales revenue of auto parts in my country has increased 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 expected that my country's auto parts sales revenue will reach 4.9 trillion yuan in 2021. In 2022, my country's auto parts sales revenue will reach 5.2 trillion yuan.

1. The auto parts industry accelerates the realization of automation and intelligence

The lack of labor and the disappearance of the demographic dividend have led to a sharp rise in labor costs for industrial manufacturing companies. In recent years, companies in the auto parts industry have accelerated the automation process to achieve efficiency improvements and sustainable development. With the gradual development of traditional industrial automation control technology towards integration, networking and intelligence, it becomes possible for component manufacturers to precisely control the procurement, production, warehousing, supply and other processes.

2. The trend of high-end and precision auto parts

With the continuous development of the country's industrial manufacturing strength, domestic industrial processing has evolved from extensive and manual processing to refined and automated processing. Domestic auto parts manufacturing enterprises have continued to enter the global auto supply chain and gradually realize the high-end auto parts manufacturing. refinement and precision.

3. Modular manufacturing and integrated supply trends

The integration and modularization of auto parts refers to the technical means of replacing multiple parts with a single module by integrating the functions previously realized by multiple parts into one module through a new design and process. The integration and modularization of auto parts can improve vehicle assembly efficiency, optimize vehicle space layout, reduce vehicle weight, and improve vehicle performance. At the same time, the rapid development of automated production and smart factory technology is promoting the upgrading and transformation of informatization, digitization and intelligence in the automobile manufacturing industry, and promoting the modular manufacturing and integrated supply of auto parts enterprises.

4. The gradual development of new energy vehicles

my country's car ownership has risen sharply, the demand for resources has increased sharply, and air pollution has become increasingly serious. Benefiting from the introduction of energy conservation and environmental protection policies, energy conservation and environmental protection, new energy vehicles and related parts and components industries will be new investment growth points in the future. Under the background of the existing industrial structure and energy structure, encouraging the production and consumption of low-energy consumption and small-displacement vehicles has become an effective way to save energy and reduce emissions in the automotive industry.

5. The trend of lightweight

With the rapid development of the automobile industry, the rapid growth of global automobile ownership has led to a substantial increase in the demand for oil consumption, and automobile exhaust emissions have led to a series of problems such as air quality decline and greenhouse effect. On the one hand, the lightweight design can reduce fuel consumption and bring cost savings to users; on the other hand, it can reduce greenhouse gas emissions, which is conducive to environmental protection. At present, the global lightweighting of automobiles has entered a deep implementation stage, and the application of some new materials has begun to be used in actual production on a large scale with the advancement of technology. In particular, with the increase in the production scale of aluminum alloys and the improvement of forging technology, the application of aluminum alloys in the auto parts industry will increase.

6. The development trend of the automotive aftermarket

According to data from the National Bureau of Statistics, China's civilian vehicle ownership will reach 302 million in 2021, a year-on-year increase of 7.35%. With the continuous growth of car ownership in China, and the influence of factors such as the rejuvenation of major consumer groups and individualized demands, China's car modification industry will show rapid growth and become an important part of the automobile industry chain