Continental Auto Repair market enters a breakout period | LED factory warlords and seize business opportunities

China's new car market 2017 growth momentum slowed, however, with the mainland in recent years sales of the world's largest market, has been for the maintenance of the car after laying a huge demand for repair, led industry optimistic, after 2018 years after the car repair market will enter a rapid growth period, including car taillights, car lights, Situation lights will appear the first wave of replacement needs, the future will also show a doubling of growth, in the original auto supply chain is still to be cultivated before, after the car repair market will be able to provide Taiwan plant training opportunities to prepare. The industry pointed out that by the mainland people's consumption strength, the mainland new car market sales boom began in 2014, the total amount of about 23 million ~2,400 million vehicles, according to statistics, the 2015 mainland new car sales have exceeded the threshold of 25 million, 2016, about 2, 800多万辆, By the 2017, the speed of the new car market in the mainland began to slow down, the annual sales may fall to about 29 million vehicles, the future is expected to maintain a smooth growth. To further analyze the growth trend of mainland domestic automobile brands, although the early mainland automobile market is dominated by foreign capital or joint venture depot, the rapid rise of the mainland brand, including the Great Wall, Changan, Geely, Jianghuai, Zhongtai and so on, has grown with the overall market conditions, with a 2013-2014-year market share rate of about 20%, but to the 2016~ 2017 has robbed more than 40% of the city to occupy the territory, equivalent to 11 million ~1,200 million vehicles. In other words, from the 2013-2014-year road on the mainland domestic second-hand cars about 400多万辆, the future will increase the speed of Chiwan more than a year for the car maintenance market to bring a stable growth scale. Industry estimates, after nearly 3-4 years of use of depreciation, the average annual 20% of second-hand cars will face a proper rate or follow-up maintenance issues, to calculate, 2018 about millions of second-hand car will extend the follow-up maintenance needs, and market demand will be doubled year by decade. Industry analysis, due to focus on the CP value factors such as the purchase of new car consumer groups, with the end of the product warranty period, back to the original maintenance of the ratio of lower, in the car maintenance market flow rate is also higher, will also create the 2018 after the mainland car market will set off the first wave of demand, although the initial will be the car taillights, directional lights, Situation lights and other auxiliary lighting demand, but the overall growth momentum is strong, will become interested in the vehicle supply chain manufacturers of military battleground. LED car lighting market growth rate of the year, but the automobile supply chain industry ecology is conservative, the product attestation time is longer, the current automobile original component supply mostly by a few international monopoly company, although the Taiwan factory intentionally breaks through the fence, but the supply proportion is still limited, and after the vehicle maintenance market entry threshold is lower, More favorable to the new operators to cut into the supply chain, recently, the mainland led industry such as Kousin, Hong Lee has been actively grabbed, and with the mainland lamp factory formed a strategic alliance, and the Taiwan led factory such as billion light, Longda, Eddie Sen, Lian Ka, etc. also continued to layout, will have the opportunity to rob opportunities. Billion Light gong factory production capacity will be specializing in automotive LED applications, 2017 revenue share of about 5%, 2018 will continue to expand the car, small spacing and sensor components and other products, is expected to increase the proportion of vehicles in 2018 to more than 10%; Long Tatsu recently also pointed out that its 3,528 packaged products have been imported into the car refitting market, the vehicle components are expected to ship will be able to grow gradually; As for Eddie Sen also will car lighting as the 2018 growth kinetic energy, in addition to the United States Department of original orders began to ship, car repair market will strengthen the strength of expansion. However, the industry also pointed out that, although the mainland car repair market will be a multiple growth, but the family members have grabbed, will lead to the initial product fear into the good and bad, and price competition will lead to profit less than outside expectations, so that the car with led orders to bring high gross margin of the myth of the challenge, is expected to enter the next round of industrial knockout, Test the cost control and technical ability of the family members.

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