Strategic Analysis of the Chinese Powertrain Market
Executive Summary—Key Findings
Electric powertrain will be the new trend with a strong focus from the Chinese Government.
Total Powertrain Market: Key Findings, China, 2013–2020
China manufactures three types of powertrains—gasoline, diesel, and electric, both Electric Vehicles and Hybrid Electric Vehicles (HEV). The year 2013 was a record year for the Chinese powertrain market, as million units of gasoline passenger vehicles were produced which is a global record. Gasoline powertrain is expected to lead the market till 2020, with approximately million units.
Stable economic growth, rising incomes, recognition of individual esteem, infrastructure development and enhancement, an advanced automotive supply chain, competitive automotive promotional campaigns, new market segments, and Chinese Government plans and subsidies are expected to lead to significant growth of the powertrain market in China.
The C-compact vehicle segment dominates gasoline, diesel, and electric powertrains. This trend will continue till 2020. However, Sport Utility Vehicle (SUV) and Multi-purpose Vehicle (MPV) segments in gasoline, diesel, and electric powertrains are also growing and are likely to continue on the high growth trajectory till 2020.
In terms of transmission, Manual Transmission (MT) accounted for % of market. However, the dominance of MT and Automatic Transmission (AT) will decrease by 2020, with the growth of Dual Clutch Transmission (DCT), Continuous Variable Transmission (CVT), and Electric Transmission (ET). Original Equipment Manufacturers (OEMs) are expected to further penetrate into DCT.
Both central and regional governments in China are promoting a new-energy vehicle development concept which aims to limit passenger vehicle ownership in the country and restrict exhaust emissions.
About this report
This research service provides a detailed strategic analysis of the Chinese powertrain market during 2013–2020. It includes an executive summary, research scope, objectives, methodology and background, definitions and segmentation, market overview, Mega Trends and industry convergence implications, total market analysis, external challenges—drivers and restraints, forecasts and trends, powertrain technologies—total market, market share and competitive analysis, gasoline segment breakdown, diesel segment breakdown, hybrid and EV segment breakdown, powertrain market—transmission, OEM profiles, conclusions and future outlook, and an appendix section.
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