Home About us Reports Pre-sale News Stock Market Database Custom Company Scan



 researchinchina > report > Heavy Industry > Automotive > report

China Coach Market Report, 2006-2007

Published: Dec/2006

Hard Copy  USD $ 1,500
Pages: 158 Electronic(PDF)  USD $ 1,600
Report Code: Enterprisewide  USD $ 2,400
 

Generally speaking, China coach industry had a related slow development recently years. Owing to the security and environmental policies as well as the improvement of regional traffics, coach operators accelerate their steps for products upgrading, large sized coaches maintained a considerable market demand. The output and sales of large sized coaches in 2005 was 38,900 and 39,000 respectively, increased by nearly 30% for both compared to the year of 2004. Meanwhile, the output and sales of medium sized coaches in 2005 was 55,900 and 55,400 respectively, decreased by 6.06% and 7.86% respectively year-on-year. The production and sales of small sized coaches was 179800 and 182400 respectively, decreased by 2.48% and 0.95% respectively year-on-year.

Monthly Sales of coaches in 2005
 

The national economy maintained a good development in the first half of 2006. The traffic infrastructure in cities, towns and villages was constantly improved; as a result, the development of coach market has been much better than that of the previous year since early 2006. In the fist half of 2006, the accumulative output and sales was 146800 and 143800 respectively, increased by 15.32% and 13.82% respectably year-on-year, against the negative growth in the first half of 2005.The output and sales of large sized coaches maintained an repaid growth, and that of light-duty and medium sized coaches ended the decline tendency, especially that of the medium sized coaches.

Up to now, the annual output value of coaches in China is RMB 30 billion, accounting 1/3 of the world total, and the annual sales is over 0.1 million coaches. In addition, the industry concentration degree has been increasingly improved. Market shares represented by the domestic brands of Yutong, Kinglong (Xiamen), Kinglong (Suzhou) and Golden Dragon have exceeded 50%.

Most of China made coaches represented by Yutong and King-long are exported to less-developed regions like central Asia, north Asia and Africa. Indeed, such exports, which mainly depend on price advantage, problems like export-channel exploring, after-sale services and technique still restrict the export domestic made coaches.

China coach industry has achieved some developments; however, the difficulties such as overcapacity, poor profit-making ability, homogeneous products and lack of marketing power are still exist. Moreover, RMB appreciation and price rising of oil and raw material also hamper the advancement of coach industry. For those enterprises rely on low-price strategy and disorder competition, have to struggle for survival due to the fierce market completion and marginal profits. So there is no doubt that merger and reform will be imperative.



If this report could not still meet your requirement, or you have any comments or suggestions on it, please leave a message to us.
 
2005-2007 www.researchinchina.com All Rights Reserved