Industry dynamics

International trends in parts processing industry2024-05-20

Driven by the world economy and trade, international competition in the parts processing industry is intensifying. The demand for raw materials, energy and labor in the international market is increasing, and the investment and policies of local governments are also continuously promoting the development of the parts processing industry. Among them, China as the world's largest auto market, its auto parts industry market size has grown steadily, is expected to reach 461 trillion yuan in 2020 sales revenue.


In the international market, the competition in the parts processing industry is mainly reflected in technological innovation and product quality. With the development of the new energy automobile industry, the growth logic of auto parts suppliers is clear, and the performance generally exceeds expectations. For example, the number of Japanese parts companies entering the world's top 20 most valuable auto parts brands is as high as 5, accounting for 25%.


In terms of technological innovation, the international trend of parts processing industry is mainly reflected in automation, intelligence and environmental protection. The application of automation technology can improve production efficiency and product quality, and reduce production costs. The application of intelligent technology can realize the automation and intelligence of the production process, improve production efficiency and product quality. The application of environmental protection technology can reduce pollution and waste in the production process and improve the social responsibility and environmental protection awareness of enterprises.


In terms of product quality, the international trend of parts processing industry is mainly reflected in the reliability, safety and environmental protection of products. The reliability and safety of products can improve the market competitiveness of products and reduce the after-sales service cost of products. The environmental protection of products can meet the demand for environmental protection products in the international market and improve the market share of enterprises.


In the international market, the competition in the parts processing industry is also reflected in the brand and marketing capabilities of the enterprise. The brand and marketing ability of the enterprise can improve the visibility and market share of the enterprise, and reduce the marketing cost of the enterprise.


To sum up, the international trend of parts processing industry is mainly reflected in technological innovation, product quality, brand and marketing capabilities. Enterprises need to continuously improve their technological innovation capabilities, product quality and brand awareness in order to gain competitive advantages in the international market.


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