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The research report gives an overview of the China as well as the Global And China Stamping Parts market on by analyzing various key segments of this market based on the product types, application, and end-use industries. The regional distribution of the Stamping Parts marketin China and across the globe are also considered for this analysis, the result of which is utilized to estimate the performance of the China and Global And China Stamping Parts market over the period from 2015 to 2020.
2011 has been a strong year for the performance & accessory and replacement parts market. Auto parts sales are up and there are several positive year-end economic indicators. The auto parts industry is poised to come into 2012 with momentum.
Automotive parts consumption is linked to the demand for new vehicles; roughly 70 percent of U.S. automotive parts production is for original equipment (OE) products and the remaining 30 percent is for modification and repair aftermarket. One of the major factors contributing to the market is the declining cost of aftermarket parts than those of original parts. The automotive parts aftermarket is also witnessing increasing mean age of light vehicles. The global auto accessories and parts industry has experienced drastic cutbacks, restructuring and job reductions in previous years. However, with the global economy in recovery, demand is expected to increase. Therefore the industry is expected to experience faster growth over the forecast period.
|Brand:||Guangzhou Agent, Guangzhou Commodity Agent|
|Port:||SHENZHEN, NINGBO, GUANGZHOU, YIWU|
|Comments:||Guangzhou Songnan Motorcycle Parts Market|