Affected by the rapid development of the automobile industry, the pace of localization of molds for domestic automakers and auto parts suppliers, and the expansion of domestic mold purchasers by automakers and auto parts suppliers, China's auto mold market Demand is strong, and the automotive mold industry faces good development opportunities and huge development potential. The demand for the automotive mold industry is increasing. The development of the automotive mold industry is closely related to the rapid growth of the automotive industry. The rapid development of China's automobile industry and the growing market demand have provided rare opportunities for automotive molds. In the past ten years, China's automobile industry has made great progress. According to the statistics of China Association of Automobile Manufacturers, in 2017, China's automobile production and sales continued to grow, and the total volume of production and sales reached a record high. The annual production and sales of automobiles were 29.02 million and 28.88 million, respectively, an increase of 3.04% over the same period of the previous year; From January to June 2018, the production and sales of automobiles were completed at 1,405,770 and 14,406,500 respectively, an increase of 4.15% and 5.57% over the same period of the previous year.
From the perspective of the global market, in 2017, global car sales reached 96.8 million units, an increase of 3.14% year-on-year. Among them, the EU-27 and the European Free Trade Zone sold 18,417,600 units, an increase of 3.30% year-on-year; the North American Free Trade Zone sold 2,312,600 units, down 1.24% year-on-year; China's sales volume was 28.887 million units, up 3.04% year-on-year. In terms of production, global vehicle production increased from 87.31 million in 2013-2017 to 97.3 million in 2017. The growth rate is nearly 10 million. In 2013-2017, China's automobile production increased by more than 5 million units. China's automobile production ranks first in global production.
Seven major development trends of automobiles promote China's automotive mold industry to usher in major development
1. Increased demand for parts and components to promote the expansion of the automotive mold industry market
Automobile molds are customized products. The enterprises in the industry mainly adopt the business model of “sales by sales”. The main customers are OEMs and auto parts suppliers. The supply and demand status of the downstream auto market will not directly affect the auto molds. Supply and demand situation, but with the continuous growth of automobile production and sales, the new models are rapidly launched and the original models are constantly changing, and the overall demand for automotive molds continues to grow. In addition, with the continuous development of China's automobile industry, the demand for auto parts has gradually increased. All internationally renowned auto parts and exterior parts suppliers have increased their investment in the Chinese market. The wholly-owned or joint-venture parts factories invested in China have increased rapidly. It also drives the growth of domestic automotive mold product demand, bringing new market demand to China's automotive mold industry.
2. The corresponding demand for automotive interior and exterior moulds and accessory products has expanded
Automotive interior and exterior moulds and ancillary products are non-standard equipment. When automakers develop new models, they need to redesign internal and external trim parts for OEMs or interior parts suppliers, and need upstream mold companies to develop corresponding mold products. Under normal circumstances, a model requires 1-3 sets of internal and external decorative molds and inspection products to produce various types of interior and exterior parts according to the specific configuration. The design of each model is rich in the degree of interior and exterior decoration and the specific molding process requirements. The difference is that there are also differences in the number of molds required. In recent years, with the development of the global economy, people have higher and higher requirements for the performance, appearance and personalization of automobiles. There are more and more types of automobile models, and the development and modification of new models are becoming shorter and shorter. The market demand for automotive interior and exterior moulds and ancillary products has continued to grow.
3. The high-end trend of automobile consumption has brought broad development space for automotive interior and exterior decoration mold enterprises.
With the gradual improvement of the people's income level, China's automobile consumption is entering the stage of product upgrading. China's auto consumption has shown a gradual high-end development trend, and major auto manufacturers have accelerated the localization of luxury models.
Audi's production capacity in China will expand from 400,000 units in 2012 to 700,000 units in 2015. After the expansion of the Audi South China base, capacity will increase to 965,000 units; BMW's production capacity in China will increase from 200,000 units per year. By 450,000 units in 2017, the production capacity in China will gradually increase to 600,000 units in the future; Mercedes-Benz's production capacity in China will be expanded from 120,000 units in 2012 to 300,000 units in 2017, and plans to expand production to 50 in 2020. Wantai. In addition, Japanese, American, and other European car brands have also joined the localization team of high-end models.
4. The increasing number of automobile models provides a good development prospect for internal and external decorative mold enterprises.
Since the way in which international automobile brands enter China is mainly based on joint ventures and cooperation, major international automobile brands often have multiple joint venture OEMs in China. In order to adapt to the increasingly diversified consumption concept of Chinese consumers, all joint venture OEMs are actively seeking differentiated development directions, that is, while retaining the advantages or characteristics of the international brand power system, design style, safety, etc., A car model that meets the aesthetic characteristics and consumption habits of Chinese consumers.
Therefore, the number of models in the passenger car market in China is large, and the speed of new models and models is increasing, and the upgrades and upgrades of automobiles and interiors are becoming more frequent. This trend has provided a good development prospect for domestic automotive interior and exterior mold companies.
5. The rise of new energy vehicles is a new impetus for the rapid development of automotive interior and exterior mould industry
The design method and manufacturing process of the interior and exterior of new energy vehicles are basically similar to those of traditional vehicles. Therefore, automotive interior and exterior mold companies can quickly enter the new energy automobile industry system. The growth of China's new energy vehicle models has an important impact on the automotive interior and exterior mould industry.
China's new energy vehicle market has exploded since 2014, with sales increasing from 74,800 in 2014 to 7.7 million in 2017. In 2017, China's new energy vehicle production was 794,400 units, an increase of 53.58% over the same period of the previous year. According to the data of the China Automobile Association, from January to September 2018, the production and sales of new energy vehicles in China reached 735,000 and 721,000, respectively, an increase of 73% and 81.1% over the same period of the previous year. As can be seen from the data, the production and sales of new energy vehicles in China have grown rapidly.