Chinese Automotive Growth Opportunities, Outlook for 2024
Huawei s Cross-industry Partnerships Will Strengthen Electric Vehicle Industry Integration
10-Apr-2024
Asia Pacific
Market Outlook
This study discusses the automotive industry in China, with a focus on passenger vehicles, including sedans, sports utility vehicles, multi-purpose vehicles, and crossover vehicles. The study also assesses the country’s electric vehicle (EV), charging, and battery swapping infrastructure.
In recent years, the strongest growth factors in the Chinese automotive industry have been the rise of domestic OEM brands and the long-term continuous improvement of and consumer willingness to accept EVs.
Economic conditions, especially GDP growth, significantly affect the Chinese automotive industry, but with the government’s encouragement (issuing consumer vouchers and holding large-scale automotive shows, for example), sales has improved. However, economic recovery has not yet fully resumed, causing relative uncertainty.
In this study, Frost & Sullivan provides the total size of the Chinese automotive industry and historical and forecast data from 2018 to 2024. It also offers the following information:
• Highlights of the Chinese automotive industry in 2023 and future trends in 2024.
• Analysis by segment, including the vehicle and powertrain subsegments.
• Analysis of the rise of Chinese domestic brands
Author: Chan Ming Lih
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Chinese Automotive Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
2023: A Recap
2024: Top 5 Predictions
Important Regulations and Mandates
Important OEM Partnerships, 2023
Emerging Competitors in Related Segments, 2023
Top 10 Trends, 2024
Top 10 Growth Opportunities
Global GDP Growth
Inflation and Interest Rates
Currency Trajectory
Labor Market
Oil Industry
Supply of Critical Minerals
North America
Western Europe
The Middle East
Asia
List of Countries Covered in the Global Economic Outlook, 2024
Scope of Analysis
Segmentation
Definitions
Top Trends that Drove the Chinese Automotive Industry in 2023
Trend 1: Rise of Domestic Stakeholders
Trend 2: Repositioning of Joint Venture Brands
Trend 3: L3 Autonomous Driving and Urban Navigate of Autopilot (NOA)
Growth Metrics
Consumption Indicators, 2023
Key Findings, 2023
Findings by Segment, 2023
Unit Shipment Forecast
PV Sales Trends, 2018–2023
Industry Share Analysis
Sedans
SUVs
MPVs
Cross
BEVs
PHEVs
Public EV Charging Points
EV Battery Swap Stations
Conclusions
Future Outlook
Growth Opportunity 1: Electric Vehicle Growth
Growth Opportunity 1: Electric Vehicle Growth (continued)
Growth Opportunity 2: Rising Chinese Domestic OEMs
Growth Opportunity 2: Rising Chinese Domestic OEMs (continued)
Growth Opportunity 3: Convergence Further Disrupting the EV Industry
Growth Opportunity 3: Convergence Further Disrupting the EV Industry (continued)
Acronyms and Abbreviations
Full Names of Automotive OEMs and Stakeholders
Full Names of Automotive OEMs and Stakeholders (continued)
Your Next Steps
Your Next Steps
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Deliverable Type | Market Outlook |
---|---|
Author | Ming Lih Chan |
Industries | Automotive |
No Index | No |
Is Prebook | No |
Podcast | No |
WIP Number | MH4C-01-00-00-00 |