China Car Automatic Transmission Market Forecast Report To 2017: Radiant Insights
According to the statistics, the proportion of MT (manual transmission) type and AT (automatic transmission) type is 6:4 in current passenger cars in China, of which, 89% of the high-end passenger cars are equipped with automatic transmission, and this proportion for medium-end passenger cars and economic-type household passenger cars is 40% and 10% respectively.
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In 2012, the supply volume of China's car automatic transmission was 6.2095 million units, increased by 7.16% over 2011. From 2008-2011, the supply volume of this market showed a rapid growth trend; whereas, the growth rate started to slow down in 2012.
In current domestic transmission market, the joint venture brands are the main force, accounting for 45%; followed by foreign brands with the proportion of 32%; and the market share of domestic brands is only 23%. In this field, the imports increase continuously, and the import amount has reached USD 6.44 billion in 2012 from USD 480 million in 2001.
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Currently, accelerating the R&D and industrialization process of China's car automatic transmission industry has become a key point to change the imported products-dominated situation, as well as an urgent task for China's automobile industry.
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