China Automotive Instrument Panel Industry Report, 2014-2017
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July 2014
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As an exceedingly important functional part of automotive interiors, instrument panel not only requires being installed with such devices to display information about a vehicle as meter, display screen, acoustic system, air-conditioning system, but needs to be equipped with defrost system, air outlet, glovebox, cup holder, ashtray, airbag, etc.
Driven by the substantial rise in China’s automobile output, the Chinese instrument panel market volume climbed 14.7% YoY to 23.32 million units in 2013, with the growth rate up 9.3 percentage points from 2013. The market demand for instrument panel is closely linked with automobile output. In the future, as the growth rate of China’s automobile production slows down, the growth rate of instrument panel output will drop as well.
The top players by instrument panel market share in China consist of Huayu Automotive Systems Co., Ltd., Dongfeng Electronic Technology Co., Ltd., Hainan Drinda Automotive Trim Co., Ltd., Zhejiang Yuanchi Holdings Group, Guangzhou TSK Auto Parts Co., Ltd., Shandong Xuri Auto Decoration Group, Changshu Automotive Trim Co., Ltd., etc.?
Among them, Huayu Automotive Systems sold 4.32 million units of instrument panel in 2013, rising by 23.4% year on year. The Huayu Automotive System Co., Ltd’s subsidiary involved in the production of instrument panel mainly refers to Yanfeng Automotive Trim System Co., Ltd and its filiales. In 2013, the revenue of Yanfeng Automotive Trim System reported RMB49.871 billion, up 25.4% from a year earlier. In May, 2014, Yanfeng Automotive Trim System joined hands with Johnson Controls to co-fund an automotive interiors company which mainly produces instrument panel, auxiliary fascia console, door panel, cockpit module, console module and so forth.
Dongfeng Electronic Technology Co., Ltd achieved the revenue of RMB3.083 billion in 2013, a 25.9% YoY rise, and its net income registered RMB230 million, a surge of 52.0% from a year earlier. Dongfeng Visteon Automotive Trim Systems Co., Ltd and Dongfeng Visteon (Shiyan) Automotive Trim Systems Co., Ltd are the subordinate companies of Dongfeng Electronic Technology and they undertake the production of door panel, with major customers including Dongfeng Peugeot Citroen Automobile Co., Ltd. (DPCA), Dongfeng Nissan Passenger Vehicle Co., Ltd., Dongfeng Nissan Commercial Vehicle, Dongfeng Honda Automobile Co., Ltd., and otherwise.
In 2013, the revenue of Hainan Drinda Automotive Trim Co., Ltd increased by 21.1% year on year and amounted to RMB722 million, including RMB384 million from instrument panels, up 29.5% from a year before and accounting for 53.4% of company’s operating revenue. Also in 2013, company’s instrument panel sales volume was up to 812,400 units which were primarily supplied to Haima Automobile Group Co., Ltd., Lifan Motors, Dongfeng Nissan, Zhengzhou Nissan, Dongfeng Liuzhou Motor, Changan Mazda Automobile, Shanxi Dayun Automobile Manufacturing, Sany Heavy Industry, Changfeng Leopaard, Hawtai Motor, etc.
China Automotive Instrument Panel Industry Report, 2014-2017 by ResearchInChina chiefly covers the followings:
Overview of China automotive interior industry (involving the materials of interiors, industrial business model, regional distribution of manufacturers, competent authority, related policies and development tendency, etc.)
Operation of China Automobile Industry (including industry revenue, trend of profit variation, production and sales volume of assembled-vehicle, passenger car, commercial vehicle, output and sales volume of leading enterprises, etc.)
China instrument panel market (including overview, market capacity, supply for vehicle companies, competition pattern, etc.)
World’s leading instrument panel manufacturers (including equity structure of companies concerned and their subsidiaries, revenue, revenue structure, net income, investment, R&D, supply for vehicle companies, recent developments, subsidiaries in China, etc.)
Leading Chinese instrument panel manufacturers (including equity structure of companies concerned and their subsidiaries, revenue, revenue structure, net income, R&D, supply for vehicle companies, latest projects, etc.)
1 Overview of China Automotive Interior Industry
1.1 Overview
1.2 Business Model and Regional Distribution
1.2.1 Business Model
1.2.2 Regional Distribution
1.3 Competent Authorities and Policies
1.3.1 Competent Authorities
1.3.2 Policies
1.4 Development Trends
1.4.1 Lightweight and Environmental Friendliness of Automotive Materials
1.4.2 Platform, and Generalization of Automotive Interiors
1.4.3 Modularity of Automotive Interiors
2 Operation of China Automobile Industry
2.1 Automobile Market
2.2 Passenger Car Market and Segments
2.3 Commercial Vehicle Market and Segments
3 China Instrument Panel Market
3.1 Overview
3.2 Market Capacity
3.2.1 Overall Market
3.2.2 New Car Supporting Market
3.2.3 Aftermarket Replacement Market
3.3 Supply for Vehicle Companies and Competition Pattern
3.3.1 Supply for Vehicle Companies
3.3.2 Competition Pattern
3.4 Development Trend
4 Foreign Instrument Panel Companies
4.1 Visteon
4.1.1 Profile
4.1.2 Operation
4.1.3 Revenue Structure
4.1.4 Investment
4.1.5 R & D
4.1.6 Production Bases
4.1.7 Supply for Vehicle Companies
4.1.8 Sale of Interior Business
4.1.9 Business in China (Development Course)
4.1.10 Yanfeng Automotive Trim Systems Co., Ltd. (Refer to 5.1)
4.2 Faurecia
4.2.1 Profile
4.2.2 Operation
4.2.3 Revenue Structure
4.2.4 Investment
4.2.5 R & D
4.2.6 Supply for Vehicle Companies
4.2.7 Developments
4.2.8 Business in China
4.2.9 Faurecia (Changchun) Automotive Systems Co., Ltd.
4.2.10 Faurecia (Nanjing) Automotive Systems Co., Ltd.
4.2.11 Changchun Faurecia Xuyang Interior Systems Co., Ltd.
4.2.12 Chongqing Guangneng Faurecia Interior Systems Co., Ltd.
4.2.13 Zhejiang Faurecia Limin Interior & Exterior Systems Co., Ltd.
4.2.14 CSM Faurecia Automotive Systems Company Ltd.
4.3 Johnson Controls
4.3.1 Profile
4.3.2 Operation
4.3.3 Revenue Structure
4.3.4 Investment
4.3.5 R & D
4.3.6 Supply for Vehicle Companies
4.3.7 Business in China (Overview)
4.3.8 Shenyang Jinbei Johnson Controls Automotive Interiors Co., Ltd.
4.3.9 Changchun Faway-Johnson Controls Automotive Systems Co., Ltd.
4.3.10 Beijing Johnson Controls Automotive Components Co., Ltd.
4.4.11 Johnson Controls (Wuhu) Automotive Interiors Co., Ltd.
4.3.12 Guangzhou GACC-Johnson Controls Automotive Interior Systems Co., Ltd.
4.3.13 Changsha GACC-Johnson Controls Automotive Interior Systems Co., Ltd.
4.4 IAC
4.4.1 Profile
4.4.2 Operation
4.4.3 R & D
4.4.4 Supply for Vehicle Companies
4.4.5 Developments
4.4.6 Business in China (Overview)
4.4.7 Shanghai IAC Automotive Components Co., Ltd
4.4.8 IAC (Shanghai) Automotive Components Technology Co., Ltd.
4.5 Toyoda Gosei
4.5.1 Profile
4.5.2 Business Performance
4.5.3 Revenue Structure
4.5.4 Investment
4.5.5 R & D
4.5.6 Supply for Vehicle Companies
4.5.7 Business in China
4.5.8 Tianjin Toyoda Gosei Co., Ltd.
4.5.9 Toyoda Gosei (Foshan) Auto Parts Co., Ltd.
5 Chinese Instrument Panel Manufacturers
5.1 Yanfeng Automotive Trim Systems Co., Ltd. (the subsidiary of Huayu Automotive Systems)
5.1.1 Profile
5.1.2 Instrument Panel Business
5.1.3 Distributions of Bases
5.1.4 Yanfeng Visteon Jinqiao Automotive Trim Systems Co., Ltd.
5.1.5 Yanfeng Visteon (Beijing) Automotive Trim Systems Co., Ltd.
5.1.6 Yanfeng Automotive Trim Systems (Hefei) Co., Ltd.
5.1.7 Yanfeng Visteon (Liuzhou) Automotive Trim Systems Co., Ltd.
5.1.8 Yanfeng Visteon (Wuhan) Automotive Trim Systems Co., Ltd.
5.2 Dongfeng Electronic
5.2.1 Profile
5.2.2 Business Performance
5.2.3 Revenue Structure
5.2.4 Gross Margin
5.2.5 R & D
5.2.6 Subsidiaries
5.2.7 Major Clients
5.2.8 Supply for Vehicle Companies
5.2.9 Instrument Panel Business
5.2.10 Mergers & Acquisitions and Reorganization
5.2.11 Development Strategy
5.3 Hainan Drinda Automotive Trim Co., Ltd
5.3.1 Profile
5.3.2 Operation
5.3.3 Revenue Structure
5.3.4 Gross Margin
5.3.5 Major Customers
5.3.6 Capacity, Output and Sales Volume of Instrument Panel/Bumper/Door Panel
5.3.7 Supply for Vehicle Companies
5.3.8 Key Projects
5.4 Changshu Automotive Trim Co., Ltd.
5.4.1 Profile
5.4.2 Business Performance
5.4.3 Revenue Structure
5.4.4 Production Bases
5.4.5 Supply for Vehicle Companies
5.4.6 Instrument Panel Business
5.4.7 Key Projects
5.5 Guangzhou TSK Auto Parts Co., Ltd.
5.6 Jiangsu Xinquan Automotive Trim Co., Ltd.
5.7 Zhejiang Yuanchi Holdings Group Co., Ltd.
5.8 Shandong Xuri Auto Decoration Group
5.9 Jinxing Auto Inner Decoration Co., Ltd.
5.10 Tri-Ring Group Co., Ltd.
5.11 Ningbo Huaxiang Electronics Co., Ltd.
5.11.1 Profile
5.11.2 Instrument Panel Business
5.12 Jiangxi Huachang Keyi Auto Parts Co., Ltd.
5.13 Yangzhou Shenzhou Automobile Intrenal Ornament Co., Ltd.
Type and Main Application of Automotive Interior Materials
Passenger Vehicle Interior Parts and Used Materials
Policies on China Auto Parts Industry, 2004-2014
Number and YoY Growth of Automobile Manufacturing Enterprises in China, 2003-2014
Revenue and YoY Growth of China Automobile Manufacturing Industry, 2003-2014
Total Profit and YoY Growth of China Automobile Manufacturing Industry, 2003-2014
Gross Margin of China Automobile Manufacturing Industry, 2003-2014
China’s Automobile Output and Sales Volume (by Passenger Vehicle and Commercial Vehicle), 2009-2017
China’s Automobile Ownership and YoY Growth, 2007-2017
China’s Passenger Vehicle Output, YoY Growth and % of Automobile Output, 2005-2017
China’s Passenger Vehicle Sales Volume Structure (by Model), 2007-2017
Top 10 Chinese Passenger Vehicle Manufacturers by Sales Volume, 2008-2013
China’s Bus Output (by Model), 2009-2017
China’s Bus Sales Volume (by Model), 2009-2017
Top 10 Chinese Bus Manufacturers by Output and Sales Volume (by Model), 2012-2013
China’s Truck Output (by Model), 2009-2017
China’s Truck Sales Volume (by Model), 2009-2017
Top 10 Chinese Truck Manufacturers by Output and Sales Volume (by Model), 2012-2013
China Instrument Panel Market Capacity and YoY Growth, 2009-2017
China Instrument Panel After-sale Replacement Market Capacity and YoY Growth, 2009-2017E
Main Customers of Key Instrument Panel Manufacturers in China
Type of Leading Instrument Panel Manufacturers in China and Their Instrument Panel Sales Volume, 2012-2013
Visteon's Revenue and YoY Growth, 2009-2014
Visteon's Net Income and YoY Growth, 2009-2014
Visteon's Net Profit Margin, 2009-2014
Visteon's Revenue Structure (by Business), 2009-2013
Visteon's Revenue Structure (by Region / Country), 2011-2013
Visteon's Revenue Structure (by Client), 2010-2013
Visteon's Investment (by Business), 2009-2013
Visteon's R & D Bases (by Business)
Visteon's R & D Costs and % of Total Revenue, 2009-2013
Visteon's Global Production Bases (by Business)
Vehicle Companies and Models Supported by Visteon's Instrument Panels, 2008-2013
Business Development of Visteon Automotive Interior, 2013-2014
Faurecia's Number of Employees (by Business), 2011-2013
Faurecia's Number of Employees (by Region), 2011-2013
Faurecia's Revenue and YoY Growth, 2009-2014
Faurecia's Net Income and YoY Growth, 2011-2013
Faurecia's Net Profit Margin, 2011-2013
Faurecia's Revenue Structure (by Business), 2011-2014
Faurecia's Revenue Structure (by Region), 2011-2013
Faurecia's Revenue Structure (by Client), 2011-2013
Faurecia's Investment (by Business), 2011-2013
Faurecia's Investment (by Region), 2011-2013
R&D Costs and % of Total Revenue of Faurecia, 2009-2013
Automobile Manufacturers and Auto Models Supported by Faurecia’s Instrument Panel, 2013-2015
Faurecia's Subsidiaries and Its Equity Structure in China,as of 2013
Faurecia's Subsidiaries in Engaged in Automotive Interiors & Exteriors Business in China and Its Supporting Vehicle manufacturers
Faurecia’s Sales in China, YoY Growth and % of Total Sales, 2009-2013
Profile of Branch Companies of Faurecia (Changchun) Automotive Systems Co., Ltd.and the Supported Automobile Manufacturers
Revenue and YoY Growth of Johnson Controls, FY2009-FY2014
Net Income and YoY Growth of Johnson Controls, FY2009-FY2014
Net Profit Margin of Johnson Controls, FY2009-FY2014
Revenue Structure of Johnson Controls (by Business), FY2009-FY2014
Auto Parts Sales and Profit of Johnson Controls, FY2011-FY2013
Revenue Structure of Johnson Controls (by Region), FY2009-FY2013
Investment of Johnson Controls (by Business), FY2009-FY2013
Auto Parts R & D Center of Johnson Controls in China
R & D Costs and % of Total Revenue of Johnson Controls, FY2009-FY2013
Vehicle Companies and Models Supported by Door Panels/Instrument Panels of Johnson Controls, 2012-2013
Revenue and YoY Growth of Shenyang Jinbei Johnson Controls Automotive Interiors Co., Ltd., 2010-2013
Net Income and YoY Growth of Shenyang Jinbei Johnson Controls Automotive Interiors Co., Ltd., 2010-2013
Investment Projects of Shenyang Jinbei Johnson Controls Automotive Interiors Co., Ltd., 2013-2014
Instrument Panel Production and Sales Volume of Shenyang Jinbei Johnson Controls Automotive Interiors Co., Ltd. and the Main Supported Vehicle Models, 2008-2013
Revenue and YoY Growth of Changchun FAWAY-Johnson Controls Automotive Systems Co., Ltd., 2010-2013
Net Income and YoY Growth of Changchun FAWAY-Johnson Controls Automotive Systems Co., Ltd., 2010-2013
Revenue and YoY Growth of IAC, 2009-2013
Revenue Structure of IAC (by Region), 2013
Regional Market Overview of IAC, 2013
IAC’s Supply of Instrument Panel for Automakers and Car Models, 2012-2014
The Customers Supported by Branch Companies of Shanghai IAC Automotive Components Co., Ltd Revenue and YoY Growth of Toyoda Gosei, FY2009-FY2013
Net Income and YoY Growth of Toyoda Gosei, FY2009-FY2013
Net Profit Margin of Toyoda Gosei, FY2009-FY2013
Revenue Structure of Toyoda Gosei by Product, FY2009-FY2013
Revenue Structure of Toyoda Gosei by Region, FY2009-FY2013
Investment Structure of Toyoda Gosei by Business, FY2009-FY2013
R & D Costs and % of Total Revenue of Toyoda Gosei, FY2009-FY2013
R & D Expenditure Structure of Toyoda Gosei by Business, FY2009-FY2013
Automobile Manufacturers and Auto Models Supported by Toyoda Gosei’s Instrument Panel, 2012-2014
Toyoda Gosei’s Subsidiaries in China and Its Equity Structure
Major Vehicle Manufacturer Customers of Yanfeng Automotive Trim Systems Co., Ltd.
Revenue and YoY Growth of Yanfeng Automotive Trim Systems Co., Ltd., 2009-2013
Instrument Panel Sales Volume and YoY Growth of Huayu Automotive Systems Co., Ltd., 2009-2013
Production Bases of Yanfeng Automotive Trim Systems Co., Ltd.,2014
Subsidiaries of Yanfeng Automotive Trim Systems Co., Ltd., 2014
Revenue and YoY Growth of Yanfeng Visteon Jinqiao Automotive Trim Systems Co., Ltd., 2009-2013
Revenue and YoY Growth of Yanfeng Visteon (Beijing) Automotive Trim Systems Co., Ltd., 2009-2013
Revenue and YoY Growth of Dongfeng Electronic Technology, 2008-2014
Net Income and YoY Growth of Dongfeng Electronic Technology, 2008-2014
Net Profit Margin of Dongfeng Electronic Technology, FY2008-2014
Revenue Structure of Dongfeng Electronic Technology (by Region), 2008-2013
Gross Margin of Dongfeng Electronic Technology (by Region), 2008-2013
R&D Costs, YoY Growth and % of Total Revenue of Dongfeng Electronic Technology, 2010-2013
Revenue and YoY Growth of Dongfeng Electronic Technology, 2014-2017E
Revenue and YoY Growth of Hainan Drinda Automotive Trim Co., Ltd., 2011-2017E
Net Income and YoY Growth of Hainan Drinda Automotive Trim Co., Ltd., 2011-2017E
Revenue Structure of Hainan Drinda Automotive Trim Co., Ltd by Product, 2011-2013
Revenue Structure of Hainan Drinda Automotive Trim Co., Ltd by Region, 2011-2013
Revenue Structure of Hainan Drinda Automotive Trim Co., Ltd by Supplier Type, 2011-2013
Gross Margin of Hainan Drinda Automotive Trim Co., Ltd by Product, 2011-2013
Revenue of Hainan Drinda Automotive Trim Co., Ltd from Top 5 Clients and % of Total Revenue, 2011-2013
Instrument Panel Capacity, Output and Sales Volume of Hainan Drinda Automotive Trim Co., Ltd., 2011-2013
Bumper Capacity, Output and Sales Volume of Hainan Drinda Automotive Trim Co., Ltd., 2011-2013
Door Panel Capacity, Output and Sales Volume of Hainan Drinda Automotive Trim Co., Ltd., 2011-2013
Automobile Manufacturers Supported by Instrument Panel/Bumper/Door Panel from Hainan Drinda Automotive Trim Co., Ltd
Employee Structure of Changshu Automotive Trim, by end of 2013
Revenue and YoY Growth of Changshu Automotive Trim, 2011-2017
Net Income and YoY Growth of Changshu Automotive Trim, 2011-2017
Gross Margin and Net Profit Margin of Changshu Automotive Trim, 2011-2013
Revenue Structure of Changshu Automotive Trim (by Product), 2011-2013
Revenue Structure of Changshu Automotive Trim (by Client), 2011-2013
Production Bases of Changshu Automotive Trim
Vehicle Models Supported by Automotive Door Panels \ Instrument Panels of Changshu Automotive Trim
Instrument Panel Subsidiaries of Changshu Automotive Trim Co., Ltd.
Automotive Instrument Panel Output, Sales Volume and Main Supporting Vehicle Models of Changshu Automotive Trim, 2008-2013
Investment Projects and New Capacity of Changshu Automotive Trim
Revenue and YoY Growth of Guangzhou TSK Auto Parts Co., Ltd., 2010-2013
Instrument Panel Production and Sales Volume of Guangzhou TSK Auto Parts Co., Ltd.and the Main Supported Auto Models, 2008-2013
Subsidiaries and Branches of Jiangsu Xinquan Automotive Trim Co., Ltd., 2001-2012
Instrument Panel Production and Sales Volume of Shandong Xuri Auto Decoration Group and the Main Supported Auto Models, 2011-2013
Main Automobile Manufacturer Customers of Tri-Ring Group Co., Ltd.
Instrument Panel Production and Sales Volume of Tri-Ring Group Co., Ltd. and the Main Supported Auto Models, 2010-2013
Revenue and YoY Growth of Ningbo Huaxiang Electronics Co., Ltd., 2008-2014
Interior Business Revenue, YoY Growth and % of Total Revenue of Ningbo Huaxiang Electronics Co., Ltd., 2008-2014
Revenue and Net Income of Ningbo Huaxiang Electronics Co., Ltd’s Subsidiaries Involved in Instrument Panel Business, 2012-2013
Main Automobile Manufacturer Customers of Yangzhou Shenzhou Automobile Intrenal Ornament Co., Ltd.
Instrument Panel Production and Sales Volume of Yangzhou Shenzhou Automobile Intrenal Ornament Co., Ltd. and the Main Supported Auto Models, 2008-2013
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