Four major trends in auto parts industry

The development of auto parts can be analyzed into the following four major trends:

1. The international industrial transfer is accelerating, and mergers and acquisitions are active: domestic parts enterprises are small in scale, weak in strength, and lack of research and development capacity. In this context, if the parts industry wants to develop rapidly, it must accelerate mergers and acquisitions to form scale effect.

2. Auto parts enterprises actively implement systematic development, modular manufacturing, and integrated supply. The development characteristics of auto parts industry cluster are obvious: the development of auto parts industry cluster is in the same important position as the development of auto industry. To become bigger and stronger, we must develop into an industrial cluster, which is the strategic choice of auto parts industry. 

3. The global procurement of auto parts will become a trend, but China will still focus on export and internationalization for a period of time to come. At present, international buyers are becoming more rational and practical about China's procurement. By selecting and cultivating potential core suppliers, they will increase their own logistics integration, strengthen communication with foreign factories in China, improve the latter's enthusiasm for export, and diversify their procurement destinations, Compare with other emerging markets to determine the procurement location and other ways to promote the process of Chinese procurement. 

4. The development of new technologies for auto parts is the main trend: the development of new technologies for auto parts presents the following main trends: the deepening of development, the improvement of the degree of generalization and standardization of parts, the improvement of the level of electronization and intelligence of parts, the lightweight of the whole vehicle and parts as the future development trend, and the clean and environmental protection technology as the commanding point of future industrial competition