Home Business Insights China's Motorcycle Parts Export Analysis Report: Hot-Selling Products and Market Opportunities

China's Motorcycle Parts Export Analysis Report: Hot-Selling Products and Market Opportunities

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By Jacob Garcia on 30/06/2024
Tags:
Auto parts
Motorcycle parts

1. Types and export data of motorcycle spare parts

1.1 Engine parts

Main products

Piston, piston ring, cylinder
Engine control unit (ECU)
Turbocharger

Export data

In 2023, China's total export of motorcycle engine parts will reach US$2 billion, and the main export markets include Indonesia, Brazil and Nigeria.

Hot selling countries and shares

Indonesia: 35% of total exports
Brazil: 25%
Nigeria: 15%

Analysis

The Indonesian market has a strong demand for high-performance engine parts, especially pistons and cylinders. The Brazilian market has a high demand for engine control units (ECU). Nigeria pays more attention to durable basic engine parts.

1.2 Braking system

Main products

Brake disc, brake drum
Brake caliper, brake master cylinder
Anti-lock braking system (ABS)

Export data

In 2023, China's total export of motorcycle brake system parts will reach US$1.5 billion, and the main export markets include India, Thailand and South Africa.

Hot selling countries and shares

India: 40% of total exports
Thailand: 20%
South Africa: 15%

Analysis

The Indian market has a large demand for brake systems, especially high-performance brake discs and drums. The Thai market has a high demand for ABS and high-quality brake calipers. The South African market has a large demand for overall brake systems.

 

1.3 Suspension system

Main products

Shock absorbers
Suspension springs
Control arms

Export data

In 2023, China's total exports of motorcycle suspension system parts will reach US$1 billion, and the main export markets include Brazil, Vietnam and the Philippines.

Hot selling countries and shares

Brazil: 30% of total exports
Vietnam: 25%
Philippines: 20%

Analysis

The Brazilian market has a large demand for high-precision shock absorbers and suspension springs. The Vietnamese market has high technical requirements for overall suspension systems. The demand for control arms and shock absorbers in the Philippine market is growing rapidly.

 

1.4 Electronic Components

Main Products

Car Cameras
Sensors (such as radar, lidar)
In-car Entertainment Systems

Export Data

In 2023, China's total exports of motorcycle electronic components will reach US$3 billion, with major export markets including the United States, Germany and Japan.

Hot-selling countries and shares

United States: 35% of total exports
Germany: 25%
Japan: 20%

Analysis

The US market has a strong demand for car cameras and sensors, especially in the field of smart driving. The German and Japanese markets have a high demand for high-end in-car entertainment systems and sensors.

 

1.5 Frame and Body Parts

Main Products

Frame
Body Panels
Seats

Export Data

In 2023, China's total exports of motorcycle frames and body parts will reach US$2.5 billion, with major export markets including Thailand, India and Pakistan.

Hot-selling countries and shares

Thailand: 30% of total exports
India: 25%
Pakistan: 20%

Analysis

The Thai market has a strong demand for high-quality frames and body panels. The Indian market has a high demand for seats and body parts. The Pakistani market has a large demand for overall frame systems.

 

2. Development trend of China's motorcycle parts exports

2.1 Technology upgrade and intelligent manufacturing

China's motorcycle parts industry is rapidly moving towards technology upgrade and intelligent manufacturing. More and more companies are adopting intelligent manufacturing technologies, such as industrial robots, the Internet of Things, and big data analysis, to improve production efficiency and product quality. In particular, in the fields of intelligent driving and electric motorcycle parts, Chinese companies have made significant technological progress.

2.2 Environmental protection and new energy

With the increase in global environmental awareness and the rapid popularization of electric motorcycles, Chinese motorcycle parts companies are actively developing environmentally friendly and new energy vehicle accessories, such as battery management systems, motor controllers, and lightweight materials. In the future, with the expansion of the new energy motorcycle market, the demand for these parts will increase significantly.

2.3 International market expansion

Chinese motorcycle parts companies are accelerating international market expansion and continuously improving their competitiveness through mergers and acquisitions, technical cooperation, and other means. For example, Loncin acquired the Italian motorcycle brand MV Agusta, and these internationalization strategies have further enhanced the global influence of Chinese parts companies.

 

3. Potential Markets and Opportunities

3.1 Potential Markets

Southeast Asia: The motorcycle market in Southeast Asian countries is growing rapidly, especially in Thailand, Indonesia and Vietnam. As the number of motorcycles increases, the demand for high-quality motorcycle parts is also rising.

Africa: The African market is an emerging potential market with an increasing number of motorcycles and a gradual increase in the demand for spare parts. Chinese companies can make breakthroughs in the African market through price advantages and flexible market strategies.

South America: The motorcycle market in South American countries such as Brazil and Argentina is also developing steadily, and the demand for spare parts continues to increase. Chinese companies have great room for development in this region.

3.2 Opportunities

Smart Internet Motorcycle Parts: With the development of smart Internet motorcycles, the demand for related spare parts (such as sensors, control modules and communication equipment, etc.) will increase significantly. Chinese companies can seize this emerging market through technological innovation and cooperation.

New Energy Motorcycle Parts: With the global emphasis on new energy vehicles, the demand for new energy motorcycle parts such as battery management systems and motor controllers has surged. Chinese companies have technical and cost advantages in this field and can expand their market share.

Aftermarket: The global motorcycle aftermarket is huge, and the demand for repair and replacement parts continues to grow. Chinese companies can gain a larger share in the global aftermarket by improving product quality and service levels.

 

4. Conclusion

China's motorcycle parts industry has shown strong competitiveness in the global market. Through technological upgrades, environmental innovation and international market expansion, Chinese motorcycle parts companies are welcoming new development opportunities. By understanding market trends and seizing potential markets and opportunities, global buyers can better purchase high-quality motorcycle parts from China.

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