TechNavio today launched its report Automobile Manufacturing Industry in China 2011-2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”The increasing demand for electric vehicles in China is one of the major trends in the Automobile Manufacturing industry in China. The size of the Electric Vehicle market in China is expected to grow massively by 2015.”
According to the report, the government support for the Automobile industry in China, especially in terms of engineering and distribution, is one of the major factors driving the growth of the Automobile Manufacturing industry in China.
Further, the report also discusses that the increasing raw material prices and labor wages in China are major challenges confronting the industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/xu12n
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