Tuesday 26 January 2016

China Gasoline Engine Market 2016- Industry Size, Share, Trends, Growth, Analysis, Forecast

China Gasoline Engine Industry Report, 2013-2017 of Sino Market Insight forecasts that by 2017, sales volume of China’s automotive engines, motorcycle engines and general gasoline engines will respectively reach 24.83 million, 28.80 million and 25.26 million units (domestic sales + exports).



With the improvement of Chinese people's consumption level, the demand for motor vehicles has increased rapidly; the automobile output rose from 5.71 million in 2005 to 19.27 million in 2012 with an average annual growth rate of 19.0%; motorcycle output was also stabilized at around 25 million/year from 2007-2012. Output growth of motor vehicles especially passenger vehicles has led to a strong growth of demand for gasoline engines, and the localization of international manufacturers is becoming more prevailing, as a result, the sales volume of automotive gasoline engine increased from 3.45 million units in 2005 to 13.4 million units in 2012, with an average annual growth rate of 21.4%.

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