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China Commercial Vehicle (Bus & Truck) Industry Report, 2017-2021

China Commercial Vehicle (Bus & Truck) Industry Report, 2017-2021

Commercial vehicle as means of production is tied up with national economic development. As there have been limited starts of real estate and large infrastructure construction projects in China over recent years, the commercial vehicle market ushers in a period of stable development. In 2016, China produced 3.6981 million commercial vehicles with a yr-on-yr rise of 8.0%, and sold 3.6513 million units, up 5.8% from a year earlier. In H1 2017, China’s output and sales volume of commercial vehicle reported 2.043 million units and 2.1009 million units, respectively, surging by 13.8% and 17.4% year on year. The growth rates rose by 12.3 percentage points and 15.5 percentage points, respectively.

Of commercial vehicle, truck and bus markets performed differently. In 2016, truck production and sales in China grew 11.2% and 8.8% separately, and in H1 2017 truck production and sales at home surged 18.7% and 22.6% respectively. Yet, bus production and sales both showed a downward trend, dropping 7.4% and 8.7% respectively in 2016, and falling 15.3% and 14.0% separately in H1 2017.

In the upcoming years, upgrading of emission standards, policy dividend and market demand will bring vast development room for the truck market. Specifically, the center axle vehicle models that meet new national standard GB1589-2016 will be promoted further; the sales volume of 6×4 tractor shoots up thanks to nationwide management of overloads; the full implementation of national V emission standards urges logistics users to replace freight vehicle; the debut of FOTON’s and SINOTRUK’s self-driving trucks will stimulate the application of artificial intelligence and mobile internet technologies in heavy truck; and the rapid development of express delivery industry has new demand for light and medium trucks and pure electric logistics vehicle for city distribution.

Affected by subsidy reduction for new energy vehicle, the higher technical threshold as well as competition from high-speed rail and other factors, the bus market is still facing drastic fall in the future. On the other hand, the networking of city buses and the substitution of new energy vehicle still give impetus to the bus industry.

The competition pattern of commercial vehicle brands remains stable relatively in China, with high market concentration. In 2016, the top 10 bus manufacturers in China seized a combined 71.47% market share, and the top 5 bus manufacturers held 49.58% market shares; the top 10 truck manufacturers accounted for 67.56% of total truck sales in China, and the top 5 truck manufacturers made up about 46.01% of total truck sales. In the bus market, Yutong Bus and Xiamen King Long Motor have seen robust development of product lines (light, medium, large buses) in an all-round way and steadily ranked the top list in the industry, with companies like JMC, Jinbei and Foton ranking the top five by dint of light vehicle quantities in the market. In the truck field, FOTON and Dongfeng Motor ranked the top two by sales volume due to rich product mix, and SAIC-GM-Wuling ranked the third by absolute superiority in the mini truck market.

China Commercial Vehicle (Bus & Truck) Industry Report, 2017-2021 by ResearchInChina highlights the following:
Bus industry overview (definition, classification, development trend, industrial policy, etc.);
Overall development of China bus industry (output, sales volume, ownership, etc.);
Overview of bus market segments in China, including large bus, medium bus and light bus (output, sales volume, competitive pattern, etc.);
China new energy bus market (output, sales volume, competitive pattern, industrial policy, etc.);
Bus industry chain in China, involving raw materials market, downstream application market, etc.;
Overview of truck industry in China (product definition, classification, technology source, latest policy development orientation, etc.);
Status quo of China truck industry (ownership, output, sales volume, market structure, import & export, competitive pattern, etc.);
Overview of truck market segments in China, covering heavy truck, medium truck, light truck and mini truck (output, sales volume, competitive pattern, etc.);
Truck industry chain in China, involving raw materials market, downstream application market, etc.;
29 commercial vehicle manufacturers (like Yutong Bus, Zhongtong Bus, King Long Motor, FAW Group, Dongfeng Motor Corporation, Sinotruk, Foton, JMC, JAC), including profile, financial situation, output, sales volume, pillar products, distribution of production bases, latest news, etc.

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Part I Bus Industry
1 Overview of Bus Industry
1.1 Introduction to Product
1.2 Product Classification
1.3 Policies
1.4 Bus Active Safety and Telematics
1.4.1 Policy and Planning
1.4.2 Technical Standards
1.4.3 Enterprises’ Layout
2 China Bus Market
2.1 Market Size
2.2 Market Structure
2.3 Competitive Landscape
2.3.1 Market Share
2.3.2 Performance Comparison
2.4 Market Segments
2.4.1 Coach
2.4.2 Public Bus
2.4.3 School Bus
2.5 Natural Gas Bus
3 Bus Market Segments in China
3.1 Large Bus
3.1.1 Market Size
3.1.2 Competitive Pattern
3.2 Medium Bus
3.2.1 Market Size
3.2.2 Competitive Pattern
3.3 Light Bus
3.3.1 Market Size
3.3.2 Competitive Pattern
4 New Energy Bus Market
4.1 Market Size
4.2 Competitive Pattern
4.3 Industrial Policy
4.3.1Policy on Fiscal Subsidies
4.3.2 Policy of Cutting Subsidies for Diesel Oil and Increasing Subsidies for Elecric Bus
4.3.3 Promotion and Assessment Measures
4.4 Technical Routes
4.5 Fuel Cell Bus
5 Bus Industry Chain
5.1 Upstream Raw Materials
5.2 Key Components
5.2.1 Transmission
5.2.2 Wheel Hub
5.2.3 New Energy Battery
5.3 Downstream Demand
5.3.1 Passenger Transport
5.3.2 High-Speed Rail
5.3.3 Tourism
Part II Truck Industry
6 Overview of Truck Industry
6.1 Definition and Classification
6.2 Technology Introduction
6.3 Latest Policy in 2016-2017
6.3.1 Implementation of National V Emission Standard
6.3.2 GB1589 Standard and “921 New Deal”
6.3.3 Cancellation of Low-speed Truck Category
6.3.4 Compulsory Installation of ABS onto Trucks
6.3.5 ‘Yellow Label’ Vehicle (that doesn’t meet exhaust emission standards) Continue to Be Eliminated
6.4 Self-driving and Telematics
6.4.1 Truck Self-Driving
6.4.2 Truck Telematics
7 Truck Market
7.1 Ownership
7.2 Output and Sales Volume
7.2.1 Output
7.2.2 Sales Volume
7.3 Market Structure
7.4 Import & Export
7.5 Competitive Pattern
8 Truck Market Segments
8.1 Heavy-duty Truck
8.1.1 Output and Sales Volume
8.1.2 Competitive Pattern
8.1.3 Natural Gas Heavy Truck
8.1.4 High-end Heavy Truck
8.2 Medium Truck
8.2.1 Output and Sales Volume
8.2.2 Competitive Pattern
8.3 Light Truck
8.3.1 Output and Sales Volume
8.3.2 Competitive Pattern
8.4 Mini Truck
8.4.1 Output and Sales Volume
8.4.2 Competitive Pattern
9 Truck Industry Chain
9.1 Overview of Industrial Chain
9.2 Key Components
9.2.1 Cost Structure
9.2.2 Supporting
9.3 Raw Materials Market
9.3.1 Iron & Steel
9.3.2 Rubber
9.4 Downstream Market
9.4.1 Infrastructure Construction
9.4.2 Real Estate Development
9.4.3 Highway Freight
Part III Companies
10 Companies
10.1 Zhengzhou Yutong Bus Co., Ltd.
10.1.1 Profile
10.1.2 Financial Situation
10.1.3 Revenue Structure
10.1.4 Output and Sales
10.1.5 New Energy Bus
10.1.6 Production Capacity
10.1.7 R&D Expenses
10.1.8 Cost Structure
10.1.9 Components & Parts
10.1.10 Developments
10.1.11 Operational Prospects
10.2 Xiamen King Long Motor Group
10.2.1 Profile
10.2.2 Financial Situation
10.2.3 Revenue Structure
10.2.4 Operation of Key Subsidiaries
10.2.5 Output and Sales
10.2.6 New Energy Bus
10.2.7 Production Capacity
10.2.8 R&D Expenses
10.2.9 Cost Structure
10.2.10 Developments
10.2.11 Operational Prospects
10.3 Zhongtong Bus and Holding Co., Ltd.
10.3.1 Profile
10.3.2 Financial Situation
10.3.3 Revenue Structure
10.3.4 Output and Sales
10.3.5 New Energy Bus
10.3.6 R&D Expenses
10.3.7 Cost Structure
10.3.8 Developments
10.3.9 Operational Prospects
10.4 Beiqi Foton Motor Co., Ltd.
10.4.1 Profile
10.4.2 Financial Situation
10.4.3 Revenue Structure
10.4.4 Bus Output and Sales
10.4.5 New Energy Bus
10.4.6 Truck Output and Sales Volume
10.4.7 Production Capacity
10.4.8 R&D Expenses
10.4.9 Progress in Launch of New Products
10.4.10 Operational Prospects
10.5 Anhui Ankai Automobile Co., Ltd.
10.5.1 Profile
10.5.2 Financial Situation
10.5.3 Revenue Structure
10.5.4 Output and Sales
10.5.5 New Energy Bus
10.5.6 Production Capacity
10.5.7 R&D Expenses
10.5.8 Cost Structure
10.6 Liaoning SG Automotive Group Co., Ltd.
10.6.1 Profile
10.6.2 Financial Situation
10.6.3 Revenue Structure
10.6.4 Output and Sales
10.6.5 New Energy Business
10.6.6 Cost Structure
10.7 Yangzhou Asiastar Bus Co., Ltd.
10.7.1 Profile
10.7.2 Financial Situation
10.7.3 Revenue Structure
10.7.4 Output and Sales
10.7.5 New Energy Bus
10.7.6 R&D Expenses
10.7.7 Cost Structure
10.8 BYD
10.8.1 Profile
10.8.2 Financial Situation
10.8.3 Revenue Structure
10.8.4 Output and Sales
10.8.5 New Energy Bus
10.8.6 Developments
10.9 Anhui Jianghuai Automobile Group Corp., Ltd. (JAC)
10.9.1 Profile
10.9.2 Financial Situation
10.9.3 Revenue Structure
10.9.4 Output and Sales
10.9.5 Capacity Distribution
10.9.6 R&D Expenses
10.9.7 Cost Structure
10.9.8 Developments
10.9.9 Operational Prospects
10.10 Shenyang Jinbei Automotive Co., Ltd.
10.10.1 Profile
10.10.2 Financial Situation
10.10.3 Revenue Structure
10.10.4 Output and Sales
10.10.5 R&D Expenses
10.10.6 Cost Structure
10.10.7 Operational Prospects
10.11 Jiangling Motors Co., Ltd.(JMC)
10.11.1 Profile
10.11.2 Financial Situation
10.11.3 Revenue Structure
10.11.4 Output and Sales
10.11.5 Capacity Distribution
10.11.6 R&D Expenses
10.11.7 Developments
10.11.8 Operational Prospects
10.12 Dongfeng Motor Corporation
10.12.1 Profile
10.12.2 Financial Situation
10.12.3 Revenue Structure
10.12.4 Output and Sales
10.12.5 R&D Expenses
10.12.6 Cost Structure
10.12.7 Operational Prospects
10.12.8 Developments
10.13 Nanjing IVECO Automobile Co., Ltd.(NAVECO)
10.13.1 Profile
10.13.2 Output and Sales
10.13.3 Developments
10.14 Hebei Baoding Changan Bus Co., Ltd.
10.14.1 Profile
10.14.2 Output and Sales
10.14.3 Developments
10.15 SAIC MAXUS Automotive Co., Ltd.
10.15.1 Profile
10.15.2 Output and Sales
10.15.3 New Energy Business
10.15.4 Developments
10.16 Fujian New Forta Automobile Industry Co., Ltd.
10.16.1 Profile
10.16.2 Output and Sales
10.17 FAW Jiefang Automotive Co., Ltd.
10.17.1 Profile
10.17.2 Output and Sales
10.17.3 Launch of New Products
10.17.4 Production Base
10.17.5 Developments
10.18 China National Heavy Duty Truck Group Co., Ltd. (SINOTRUK)
10.18.1 Profile
10.18.2 Operation
10.18.3 Output and Sales
10.18.4 Heavy Truck Business
10.19 Shaanxi Automobile Group Co., Ltd.
10.19.1 Profile
10.19.2 Main Products
10.19.3 Heavy Truck Business
10.19.4 Developments
10.20 Hualing Xingma Automobile (Group) Co., Ltd.
10.20.1 Profile
10.20.2 Operation
10.20.3 Truck Business
10.20.4 Output and Sales
10.21 QingLing Motors (Group) Co., Ltd.
10.21.1 Profile
10.21.2 Operation
10.21.3 Truck Business
10.22 SAIC GM Wuling (SGMW)
10.22.1 Profile
10.22.2 Main Business
10.22.3 Output and Sales
10.22.4 Production Base
10.23 SAIC-IVECO Hongyan
10.23.1 Profile
10.23.2 Heavy Truck Business
10.23.3 Sales Goal for 2017
10.24 Hubei Tri-Ring Special Vehicle Co., Ltd.
10.24.1 Profile
10.24.2 Truck Business
10.24.3 Output and Sales
10.24.4 Developments
10.25 XCMG Automobile Co., Ltd.
10.25.1 Profile
10.25.2 Heavy Truck Business
10.25.3 Capacity Distribution
10.26 GAC HINO Motors Co., Ltd.
10.26.1 Profile
10.26.2 Operation
10.26.3 Heavy Truck Business
10.26.4 Capacity
10.27 Zhejiang Feidie Automobile Manufacturing Co., Ltd.
10.27.1 Profile
10.27.2 Truck Business
10.28 Baotou Bei Ben Heavy-Duty Truck Co., Ltd.
10.28.1 Profile
10.28.2 Heavy Truck Business
10.29 Shanxi Dayun Automobile Manufacturing Co., Ltd
10.29.1 Profile
10.29.2 Truck Business

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