The increasingly strict requirements of a variety of nations on auto exhaust emission propel the development and production of auto oxygen sensors. In 2009, Chinese production and sales volume of vehicles totaled 13.79 million and 13.64 million, rising by 48.30% YOY and 46.15% YOY separately each ranked the initial globally.
However, different from foreign sensor industries, Chinese auto sensor industry does not have a total sector chain. Chinese auto components market has begun to introduce foreign technologies and production equipment given that the 1980s. Nonetheless, components produced by these technologies and equipment can only meet the requirement of small-batch and low-finish auto models. As auto sensors are second-level parts for entire autos, they can only be employed for the whole automobile production in the form of systems. They will be imported along with electronic engine manage systems to China. Chinese regional oxygen sensor business is on low technological level with insufficient market place methods. As a outcome, the sensor market place for Chinese auto OEM production is occupied by transnational enterprises like Bosch and Denso. Nevertheless, in the auto right after-sales service (maintenance) industry, numerous clientele will choose oxygen sensors of tiny and medium enterprises thinking about the price and some other aspects. Because of the application of universal plugs, a tiny variety of universal oxygen sensors can replace big quantities of original oxygen sensors.
According to incomplete statistics, in 2009, Chinese after-sales market scale of auto oxygen sensor reached about CNY 2.40 billion, increasing by over 20% YOY. In 2009, Chinese auto reserving volume exceeded 70 million. It is forecast that the annual development price of Chinese right after-sales market place of auto oxygen sensor will sustain over 20%. For many new entrants, there are nonetheless investment opportunities in Chinese oxygen sensor market place.
By way of this report, readers can obtain far more information:
-Status quo of Chinese auto oxygen sensor sector
-Competitors status in Chinese auto oxygen sensor market
-Key enterprises in Chinese auto oxygen sensor sector and their operation
-Demand in Chinese auto oxygen sensor market
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