Saturday, 6 December 2014

China Automotive Gasoline Engine Supporting Industry Report, 2014-2017: Market, Analysis, Size, Share, Growth, Trends And Forecast

Latest Study Research Report on China Automotive Gasoline Engine Supporting Industry Report, 2014-2017 - Market, Analysis, Size, Share, Growth, Trends And Forecast Report by Market Research Store.

According to a Report, 2014-2017 released by SinoMarketInsight, it is predicted that by 2017 automotive gasoline engine market in China will maintain a growth rate of 9% or so, with the total estimated sales volume exceeding 20 million units.

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In 2013, China’s automobile industry saw the production of a total of 16.792 million auto gasoline engines, a figure that was up 18.2% from a year earlier, and the sales volume of 16.619 million units, up 17.7% year on year. In the first quarter of 2014, the output of gasoline engines reached 4.253 million units, rising 7.0% compared with the previous year; the sales volume 4.336 million units, up 9.6% from a year ago.

In terms of the downstream demand for motor gasoline engines, the demand for gasoline engines came mainly from passenger vehicle market. The scale and growth rate of production and sales volume of auto gasoline engines were virtually consistent with the passenger vehicle market trend. In 2013, the gasoline-powered passenger vehicles produced in China numbered as many as 17.648 million units, accounting for 97.6% of the total production, and this rate would rise to 97.9% by April 2014.

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