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(Wireless-NewsWire.Com, May 09, 2017 ) Since the opening up reform has started in China transmission part industry has experienced several development stages, from import and digestion to independent development and product upgrade. The manufacturers account for hundreds, the production scale increases to RMB 100 billion, products are developed into one thousand kinds, and most products are supplied by domestic manufacturers instead of being imported from foreign countries. Moreover, domestic manufacturers begin to go out and compete with international manufacturers.
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In 2016, the output of transmission parts was about 3.8 million tons and the market scale was around RMB606 billion. In the next few years, along with the sustained development of automobile, engineering machine, household electric appliance and food processing industries, the demand for transmission parts will be increased and its market scale will grow stably. In 2017, the market scale is predicted to reach RMB663 billion and in 2022 it will be over RMB one trillion.
Since China focuses more on equipment manufacturing industry, transmission part industry will embrace new challenges and opportunities, which means that manufacturers need to increase their independent innovative ability and technological level to achieve the high-end direction as soon as possible.
In this report, AskCI will further disclose market potential and commercial opportunities for venture capital of transmission parts industry in China. Recommendations will be given at the end of the report to analyze the forecast of the industry and provide suggestions on the investment.
1) The Aim of Report
To provide readers with comprehensive and in-depth understanding of Chinese transmission parts industry;
To analyze current development of the industry;
To analyze industrial chains of the industry;
To discover drivers and barriers of the industry;
To reveal opportunities for transmission parts industry in China.
2) Benefit from the Report
Obtain latest info of transmission parts industry, such as status, supply and demand, upstream and downstream, import and export, etc.;
Find out how Chinese transmission parts market will change and how your business can be involved in;
Keep informed of your competitors/their activities in the globe and in China;
Learn about key market drivers and barriers;
Share this information within your organization using free global intranet license.
2. SCOPE OF INVESTIGATION
The report will investigate transmission parts industry from the following aspects:
General situation;
Supply and demand;
Upstream and downstream;
Import and export;
Future trend;
Commercial opportunity.
Read Complete Report with TOC@ http://www.marketresearchhub.com/report/market-research-on-transmission-parts-in-china-2017-2022-report.html
3. TIME NEEDED
Five work days needed.
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