China Commercial Vehicle Industry Report, 2014

Published: Apr, 2014 | Pages: 92 | Publisher: SinoMarketInsight
Industry: Transport And Logistics | Report Format: Electronic (PDF)

The commercial vehicle market aims to reach a volume of 29 million units by 2017. Commercial vehicles make the transport easier between states and national borders. The sale of commercial vehicles provides growth opportunities for logistics and transportation industries. Asia Pacific is the region with the greatest growth potential, with China being considered a prime source of revenue.

The China commercial vehicle industry is projected to register a 6% CAGR during the forecast period (2014-2017). The market is estimated to attain revenue worth USD 5.12 million by 2017. The growth of the market is interlinked to the country’s GDP (Gross Domestic Product), as evident by the fall of China’s GDP to 7.7%. While the GDP enjoyed a slow growth, sales and output of the industry had increased by 6.4% and 7.6% respectively. Regulations pertaining to environment are expected to drive innovation in the industry, spurring market demand in the process.

The China commercial vehicle industry is segmented by products. Buses, cars, and trucks comprise as major products of the market. Trucks enjoyed a sales volume of 2.7 million units. It is expected to grow with an annual growth rate of 2.8%. This segment will enjoy a stable growth rate on account of China’s macro economy. Heavy-duty trucks, a sub-segment of trucks had the maximum share of the market.

The passenger car segment has witnesses a surge on account of sales of tourist and school buses. Passenger cars enjoyed a sales volume of 477,000 units in 2013. It had a 12% increase as compared to the previous year (2012). It had an output of 483,000 units in 2013. The bus market is predicted to experience a CAGR of around 10% till 2017. In the bus segment, large buses enjoyed a greater share than medium or light-weight buses.

There are currently 73 companies competing for the top position in the China commercial vehicle industry. Yutong Bus and Jinlong Bus occupied a 65% share of the bus segment in 2013. Beiqi Foton, JAC Motors, Sinotruk, Shaanxi Automobile, and Dongfeng Motor together made up almost 84% of the truck segment. Notable players of the market are Jinbei Automobile, Nanjing Auto, FAW Group, and Jiangling Holding.

 1 Industry’s Macro Environment
    1.1 Decelerated Growth in Chinese Economy
    1.2 A Drop in Growth Rate of Fixed Assets Investment
    1.3 Remarkable Slowdown in Import and Export
    1.4 Steady Increase of Social Consumption

2. Overview of Commercial Vehicle Industry
    2.1 Definition and Classification
    2.2 Policies, Laws and Standards

3. Production and Sales
    3.1 Production
    3.2 Sales

4 Import and Export
    4.1 Fluctuation in Import, Increase in Export
    4.2 Decline in Import of Bus and Truck
    4.3 Increase in Export of Bus, Increase First and Then Decline in Export of Truck
    4.4 Major Import and Export Regions and Countries
    4.5 Trade Balance

5. Industry Competition
    5.1 Concept and Measurement of Market Concentration
    5.2 Concentration of Commercial Vehicle Market
    5.3 Comparison of Finance

6 Key Companies
    6.1 Beiqi Foton Motor Co., Ltd.
            6.1.1 Profile
            6.1.2 Financial Indicators
            6.1.3 Operating Revenue Structure
            6.1.4 Automobile Production Capacity
            6.1.5 Output and Sales Volume of Commercial Vehicle
            6.1.6 Major Clients
            6.1.7 Recent Main Projects
            6.1.8 Partial Suppliers
            6.1.9 Performance Forecast
    6.2 Dongfeng Motor Corporation
            6.2.1 Profile
            6.2.2 Financial Indicators
            6.2.3 Operating Revenue Structure
            6.2.4 Output and Sales Volume of Commercial Vehicle
            6.2.5 Automobile Production Capacity
            6.2.6 Recent Main Projects
            6.2.7 Major Clients
            6.2.8 Performance Forecast
    6.3 Jinbei Automobile
            6.3.1 Profile
            6.3.2 Financial Indicators
            6.3.3 Operating Revenue Structure
            6.3.4 Output and Sales Volume of Commercial Vehicle
            6.3.5 Performance Forecast
    6.4 Jianghuai Automobile Co., Ltd.
            6.4.1 Profile
            6.4.2 Financial Indicators
            6.4.3 Operating Revenue Structure
            6.4.4 Output and Sales Volume of Commercial Vehicle
            6.4.5 Big Projects
            6.4.6 Major Clients
            6.4.7 Performance Forecast
    6.5 SG Automotive Group Co., Ltd.
            6.5.1 Profile
            6.5.2 Financial Indicators
            6.5.3 Operating Revenue Structure
            6.5.4 Major Clients
            6.5.5 Performance Forecast
    6.6 Jiangling Motors Co., Ltd.
            6.6.1 Profile
            6.6.2 Financial Indicators
            6.6.3 Operating Revenue Structure
            6.6.4 Output and Sales Volume of Commercial Vehicle
            6.6.5 Automobile Production Capacity
            6.6.6 Major Clients
            6.6.7 Performance Forecast
    6.7 King Long Motor Group
            6.7.1 Profile
            6.7.2 Financial Indicators
            6.7.3 Operating Revenue Structure
            6.7.4 Output and Sales Volume of Commercial Vehicle
            6.7.5 Performance Forecast
    6.8 China National Heavy Duty Truck Group
            6.8.1 Profile
            6.8.2 Financial Indicators
            6.8.3 Operating Revenue Structure
            6.8.4 Output and Sales Volume of Commercial Vehicle
            6.8.5 Major Clients and Suppliers
            6.8.6 Performance Forecast
    6.9 Chang'an Automobile Co., Ltd
            6.9.1 Profile
            6.9.2 Financial Indicators
            6.9.3 Operating Revenue Structure
            6.9.4 Output and Sales Volume of Commercial Vehicle
            6.9.5 Automobile Production Capacity
            6.9.6 Plants and Auto Models
            6.9.7 Major Clients
            6.9.8 Performance Forecast
    6.10 Yutong Bus Co., Ltd.
            6.10.1 Profile
            6.10.2 Financial Indicators
            6.10.3 Operating Revenue Structure
            6.10.4 Output and Sales Volume of Commercial Vehicle
            6.10.5 Performance Forecast

List of Tables

GDP and YoY Growth Rate in China, 2001-2013
Share of Value Added of Three Industries in China, 2001-2013
Value Added of Transportation, Warehouse and Post and Their Shares in GDP in China, 2001-2013
Fixed Assets Investment Completed and YoY Growth Rate in China, 2001-2013
Chinaâ€™s Total Import and Export Value, Growth Rate of Import and Export Value, 2002-2013
Total Retailing of Social Consumer Goods and YoY Growth Rate in China, 2001-2013
Norms for Classification of Commercial Vehicle in China
Output of Commercial Vehicle in China, 2009-2013
Output of Commercial Vehicle in China by Model, 2009-2017E
Output Proportion of Commercial Vehicle in China by Model, 2009-2017E
Output of Truck in China by Model, 2009-2017E
Output of Bus in China by Model, 2009-2017E
Sales Volume of Commercial Vehicle in China, 2009-2013
Monthly Sales Volume of Commercial Vehicle in China, 2013-2014
Sales Volume of Commercial Vehicle in China by Model, 2009-2017E
Structural Change in Sales Volume of Commercial Vehicle in China by Product, 2009-2017E
Sales Volume of Truck in China by Model, 2009-2017E
Proportion of Sales Volume of Trucks in China by Model, 2009-2017E
Sales Volume of Bus in China by Model, 2009-2017E
Proportion of Sales Volume of Bus in China by Model, 2009-2017E
Import Volume of Commercial Vehicle in China, 2009-2013
Export Volume of Commercial Vehicle in China, 2009-2013
Import Volume and Value of Buses and Trucks in China, 2010-2013
Import Volume of Some Truck Models in China, 2009-2013
Export Volume and Value of Buses and Trucks in China, 2010-2013
Import and Export Volume and Value of Buses in China by Continent, 2013
Import and Export Volume and Value of Truck in China by Continent, 2013
Major Origins of Chinaâ€™s Imported Commercial Vehicle, 2013
Top 20 Export Destinations of China-made Commercial Vehicle, 2013
Net Export of Commercial Vehicle of China, 2010-2013
Net Export of Bus of China, 2010-2013
Net Export of Truck of China, 2010-2013
Sales Volume, YoY Growth Rate and Market Share of Top 10 Companies in Sales of Commercial Vehicle, 2013
Sales Volume and Market Share of Heavy-duty Truck, 2013
Sales Volume and Market Share of Heavy-duty Truck Companies, 2013
Sales Volume and Market Share of Medium-duty Truck Companies, 2013
Market Share of Sales Volume of Medium-duty Truck, 2013
Sales Volume and Market Share of Light-duty Truck, 2013
Market Share of Sales Volume of Light-duty Truck, 2013
Sales Volume and Market Share of Mini Truck, 2013
Market Share of Sales Volume of Mini Truck, 2013
Sales Volume and Market Share of Large Bus, 2013
Market Share of Sales Volume of Large Bus, 2013
Sales Volume and Market Share of Medium-sized Bus, 2013
Market Share of Sales Volume of Medium-sized Bus, 2013
Sales Volume and Market Share of Lightweight Bus, 2013
Market Share of Sales Volume of Lightweight Bus, 2013
Selected Financial Indicators of Listed Companies in Truck Industry, Jan-Sep 2013
Ranking of Total Assets of Listed Companies in Truck Industry, Jan-Sep 2013
Ranking of Return on Equity of Listed Companies in Truck Industry, Jan-Sep 2013
Ranking of Total Revenue of Listed Companies in Truck Industry, Jan-Sep 2013
Ranking of Gross Margin of Listed Companies in Truck Industry, Jan-Sep 2013
Main Financial Indicators of Listed Companies in Bus Industry, Jan-Sep 2013
Ranking of Total Assets of Listed Companies in Bus Industry, Jan-Sep 2013
Ranking of Return on Equity of Listed Companies in Bus Industry, Jan-Sep 2013
Ranking of Total Revenue of Listed Companies in Bus Industry, Jan-Sep 2013
Ranking of Gross Margin of Listed Companies in Bus Industry, Jan-Sep 2013
Financial Performance of Beiqi Foton, 2009-2013
Revenue, Cost and Gross Margin of Beiqi Foton
Commercial Vehicle Capacities and Planning of Beiqi Foton, 2014
Automobile Output of Beiqi Foton by Model, 2013-2014
Automobile Sales Volume of Beiqi Foton by Model, 2013-2014
Beiqi Fotonâ€™s Revenue from TOP 5 Clients and % of Total Revenue
Major Raw Material Suppliers of Beiqi Foton, 2012-2013
Revenue, Net Income and Gross Margin of Beiqi Foton, 2013-2017E
Financial Performance of Dongfeng Motor, 2009-2013
Revenue, Cost and Gross Margin of Dongfeng Motor, 2009-2013
Output and Sales Volume of Commercial Vehicle of Dongfeng Motor, 2012-2013
Output, Sales Volume and YoY Change of Lightweight Vehicle of Dongfeng Motor, 2013-2014
Capacity of Each Plant of Dongfeng Motor, 2014
Dongfeng Motorâ€™s Revenue from TOP 5 Clients and % of Total Revenue
Revenue, Net Income and Gross Margin of Dongfeng Motor, 2013-2017E
Revenue and Gross Margin of Jinbei Automobile, 2009-2013
Operating Revenue Structure of Jinbei Automobile, 2009-2013
Sales of Jinbei Automobile by Region, H1 2013
Output, Sales Volume and Market Share of Commercial Vehicle of Jinbei Automobile, 2012-2013
Output and Market Share of Lightweight Bus of Jinbei Automobile, 2012-2014
Sales Volume and Market Share of Lightweight Bus of Jinbei Automobile, 2012-2014
Revenue, Net Income and Gross Margin of Jinbei Automobile, 2013-2017E
Revenue and Gross Margin of JAC Motors, 2009-2013
Revenue of JAC Motors by Product, 2011-2013
Output, Sales Volume and Market Share of Commercial Vehicle of JAC Motors, 2012-2013
Truck Output of JAC Motors, 2012-2014
Truck Sales Volume of JAC Motors, 2012-2014
JAC Motorsâ€™s Revenue from TOP 5 Clients and % of Total Revenue, 2012
Revenue, Net Income and Gross Margin of JAC Motors, 2013-2017E
Revenue, Gross Margin and Net Margin of SG Automobile, 2009-2013
Primary Businesses of SG Automobile by Product, H1 2013
Primary Businesses of SG Automobile by Region, H1 2013
Revenue of SG Automobile by Region, H1 2013
SG Automobileâ€™s Revenue from Major Clients and % of Total Revenue, 2012-2013
Revenue, Net Income and Gross Margin of SG Automobile, 2012-2017E
Revenue of Jiangling Motors, 2009-2013
Gross Margin and Net Profit Margin of Jiangling Motors, 2009-2013
Operating Revenue Structure of Jiangling Motors by Product, 2012-2013
Revenue of Jiangling Motors by Area, 2012-2013
Revenue of Jiangling Motors by Area, 2013
Output and Sales Volume of Jiangling Motors, 2013-2014
Capacity of Each Plant of Jiangling Motors, 2014
Revenue of Jiangling Motors from Top 5 Clients and % of Total Revenue, 2012-2013
Revenue, Net Income and Gross Margin of Jiangling Motors, 2013-2017E
Revenue, Gross Margin and Net Margin of King Long Motor, 2009-2013
Primary Businesses of King Long Motor by Product, H1 2013
Primary Businesses of King Long Motor by Region, H1 2013
Output and Sales Volume of King Long Motor, 2012-2013
Revenue, Net Income and Gross Margin of King Long Motor, 2013-2017E
Revenue, Gross Margin and Net Margin of Sinotruk, 2009-2013
Operating Revenue Structure of Sinotruk, H1 2013
Output and Sales Volume of Sinotruk, 2013-2014
Output, Sales Volume and Market Share of Heavy and Medium-duty Truck of Sinotruk, 2012-2013
Sinotrukâ€™s Revenue from Major Clients and % of Total Revenue, 2012
Sinotrukâ€™s Procurement from Major Suppliers, 2012
Revenue, Net Income and Gross Margin of Sinotruk, 2013-2017E
Main Financial Indicators of Changâ€™an Automobile, 2009-2013
Primary Businesses of Changâ€™an Automobile by Product and Region, 2009-2013
Output and Sales Volume of Commercial Vehicle of Changâ€™an Automobile, 2012-2013
Output and Sales Volume of Changâ€™an Automobile, 2013-2014
Capacity of Each Plant of Changâ€™an Automobile, 2014
Changâ€™an Automobileâ€™s Revenue from Top 5 Clients, 2012-2013
Revenue, Net Income and Gross Margin of Changâ€™an Automobile, 2012-2017E
Revenue, Gross Margin and Net Margin of Yutong Bus, 2009-2013
Operating Revenue Structure of Yutong Bus, 2012-2013
Revenue Structure of Yutong Bus by Region, 2012-2013
Output and Sales Volume of Yutong Bus, 2013-2014
Revenue, Net Income and Gross Margin of Yutong Bus, 2013-2017E