The 2019 Top 100 Automotive Parts Companies List Has Been Released.

2019-09-24

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September 18 The 2019 Top 100 Chinese Automotive Parts Enterprises (hereinafter referred to as “Top 100”) Press Conference was held in Nanjing. At the conference, the 2019 Top 100 Chinese Automotive Parts Enterprises List and the Global Top 100 Automotive Parts Enterprises List, along with a white paper interpreting these lists, were officially released. Currently, the global automotive industry is being affected by factors such as the downturn in the macroeconomic environment, the trend toward the “new four modernizations” of automobiles, and its own development cycle, leading to a slowdown in the growth rate of overall production and sales, which in turn is impacting the parts industry. Fang Yinliang, Global Partner at Roland Berger Management Consulting, pointed out that in 2018, revenue growth in the global automotive parts market was sluggish, with an increase rate of only 1%, while the industry’s average profit margin remained steady at 7%. Looking ahead, both revenue and profit margins in the parts market face risks of decline. Against this backdrop, professional industry sorting and industrial analysis are particularly important, providing clear guidance on the direction of development for the industrial chain. The 2019 “Top 100” list clearly and comprehensively showcases the current landscape and trends of the global parts industry.

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Global

Automotive parts enterprise

Top 100 Singles

Among the Top 100 global automotive parts companies in 2019, the top five were Germany’s Bosch, Germany’s Continental, Japan’s Denso, Canada’s Magna, and Germany’s ZF. This year’s global ranking includes a total of 19 companies with revenues exceeding 100 billion RMB, of which three have revenues surpassing 300 billion RMB, four exceed 200 billion RMB, and twelve exceed 100 billion RMB. Automotive parts companies from Germany, Japan, and the United States occupy leading positions and dominate the global Top 100 list; however, eight Chinese automotive parts companies also made the list, namely Weichai Group, Huayu Automotive, Beijing Hainachuan, Joyson Electronic, AVIC Automotive, CATL, Yuchai Group, and Zhongce Rubber. Among them, Weichai Group ranked ninth on the global Top 100 list with revenues of 189.29 billion RMB. These Chinese enterprises represent the cutting-edge forces in China’s automotive parts industry and highlight the strength of China’s independent parts manufacturers.

China

Automotive parts enterprise

Top 100 Singles

Among the Top 100 Chinese auto parts companies in 2019, the top five were Weichai Group, Huayu Automotive, Beijing Hainachuan, Joyson Electronic, and AVIC Automotive. Shaanxi Deshi ranked 100th on the domestic Top 100 list with sales of 1.684 billion yuan. A total of 27 companies had revenues exceeding 10 billion yuan; among them, Weichai Group and Huayu Automotive each reported revenues surpassing 100 billion yuan, while nine companies had revenues exceeding 20 billion yuan.

The top 100 global component companies as a whole have maintained steady development with significant scale effects, and they have been less affected by downward market pressures compared to China’s top 100 companies. In 2019, the total component revenue of the global top 100 companies in 2018 reached approximately 7.37 trillion yuan, representing an increase of about 12% over 2017—a growth rate higher than the 7.1% recorded by China’s top 100 companies. Moreover, in 2019, 86 of the global top 100 companies achieved positive revenue growth, with most of them experiencing stable growth rates.

Relevant Information

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Ningbo Yongjia Auto Parts Co., Ltd.

Address: No. 5, Malang Highway, Mazhu Town, Yuyao City, Zhejiang Province
Phone:86-574-62462628,62451058,62461913,62481518
Fax: 86-574-62481398
Email:tinayu@cn-yj.com,ding@cn-yj.com
Website:http://www.cn-yj.com