The development trend of the global auto parts industry
①Global procurement
In the context of globalization, in the face of increasingly fierce competition, in order to reduce costs, the world's major automobile companies have gradually reduced the self-made rate of auto parts while expanding the scale of production, adopting a global procurement strategy for parts. At the same time, in order to obtain greater benefits, international component suppliers reduce or even stop the production of some of their products that do not have a competitive advantage, and instead purchase products with comparative advantages globally.
②System matching and modular supply gradually rise
The increasingly fierce market competition has forced vehicle manufacturers to switch from purchasing individual parts to purchasing the entire system. This change not only helps OEMs make full use of the professional advantages of component companies, but also simplifies product supporting links and shortens the new product development cycle. As system suppliers are increasingly involved in the R&D, design, and production processes of vehicle manufacturers' new products, their technical and economic strength has gradually become stronger. The system support has given birth to the modular supply of parts and components companies. In the modular supply, the parts and components companies undertake more new product and new technology development work. The vehicle manufacturers are increasingly relying on the parts and components companies in terms of products and technologies. The status of component companies in the automotive industry is becoming more and more important.
③Accelerated industrial transfer
The high labor costs in developed countries such as Europe, America and Japan have led to the lack of cost advantages for auto parts and components produced in these countries. In response to market competition, the large auto parts companies in the above-mentioned countries have accelerated the speed of industrial transfer, not only large-scale transfer of production and manufacturing links to low-cost countries and regions, but also gradually extending the scope of transfer to research and development, design, procurement, sales and after-sales service Links, the scale of transfer is getting bigger and bigger, and the level is getting higher and higher. Countries such as China and India have become the main destinations that attract the transfer of the global auto parts industry.
④The market share of dominant companies is gradually concentrated
In the context of increasingly detailed division of labor, vehicle manufacturers have shifted from traditional vertical management, pursuing large and comprehensive production models to streamlined institutions and specialized production models focusing on the development of complete vehicle projects. The industry has formed a first-class production model. The pyramid structure of multi-level division of labor, such as component suppliers, secondary component suppliers, and tertiary component suppliers. Generally speaking, the lower the level, the greater the number of suppliers at that level. However, the current large-scale grouping of parts manufacturing enterprises has gradually led to corresponding changes in the structure of vehicle manufacturers and first-level parts suppliers, and the number of first-level parts suppliers is constantly decreasing. With the continuous deepening of the grouping of parts and components companies, the automobile industry has increasingly formed a structure in which a few parts and components companies monopolize the production of certain parts and provide them to many vehicle manufacturers.