According to China Automotive Starter
Industry Report, 2014-2017, it can be predicted that automotive starter
market under the influence of vehicle market will enter a period of
sluggish growth over the next few years, with estimated market size of
32.4831 million sets in 2017.
Visit Complete Report:
In 2013, China's auto market achieved
more-than-expected growth, of which, the production rose 14.82% YoY to
22.13 million and sales volume climbed 13.94% YoY to 21.99 million.
Automotive starter as an integral part of the car witnessed accompanying
growth in OEM market size, reaching 22.13 million. On the other hand,
after-sales repair & replacement constitutes another big market for
automotive starter requirements. With the swelling base of Chinese car
ownership, starter replacement market still shows a growing trend. By
2013, aftermarket size has amounted to 1.2604 million sets, presenting a
year-on-year increase of 12.0%.
